FxPro
up to 15% Commission discount
52

FxPro

created Paweł MosionekJuly 1 2023
Details
account types

Non-Dealing Desk intervention

Min. Deposit

500 PLN

Regulation

CySEC (Cyprus), FCA (United Kingdom), SCB (Bahamas)

instruments

Currencies, metals, indices, commodities, stocks, futures, cryptocurrencies

Leverage

Retail customer - max. 1: 30
Professional customer - max. 1: 500

Type of spread

fixed, variable and market variable

Spread EUR / USD

MT4/5 - min. 0,5 pips (average 1,64)
cTrader - from 0,3 pips (0,51 on average)

Min. Volume

0.01 lot

Commission

Spread + $0,35 per 0.1 lot (cTrader) - minus Forex Club refund up to 15%

An account in a Polish bank

NEVER

Deposit guarantee

to 20 000 EUR (CySEC)
to 85 000 GBP (FCA)

Platform

MetaTrader 4, MetaTrader 5, MultiTerminal, cTrader

WEB platform

YES

Mobile platform

iOS, Android

Additional services

Trading Central, cAlgro, VPS

DEMO ACCOUNT
REAL ACCOUNT

FxPro is an international Forex broker present on the market since 2006. The company is regulated by the Cyprus Securities and Exchange Commission (ID 078/07) and is a member of CIFSA (Cyprus International Financial Services Association), CCCI (Cyprus Chamber of Commerce and Industry), CFSFA (Cyprus Financial Services Firms Association) and applies to European MiFID directives, introduced on November 1, 2007. A subsidiary of FxPro UK Limited is authorized and regulated by the British Financial Conduct Authority (registration number 509956).

REIMBURSEMENT OF TRANSACTION COSTS -15% FORCE

CFDs are complex instruments and come with a high risk of losing money rapidly due to the leverage mechanism. 72,99% of retail investors lose money when trading CFDs with this provider. You need to consider whether you understand how CFDs work and whether you can afford to risk losing money.

Additional features of the offer:

  • Return to -15% transaction costs with Forex Club - details,
  • Guarantee of protection against negative balances on the account,
  • Available accounts in PLN, EUR, USD, GBP, CHF, JPY, AUD, ZAR
  • Available regulations: Cyprus, Great Britain, Bahamas - Check the differences
  • FxPro Wallet - sub-account for immediate transfers of funds between accounts,
  • free VPS for VIP accounts,
  • Possibility to change the categorization to a professional client (leverage 1: 500),
  • Daily EU and US analyzes sent by email each day,
  • available together about 300 financial instruments,
  • Hedge transactions based on the same open position deposit,
  • Deposits and withdrawals with the help of cards, bank transfer, PayPal, Skrill and Neteller,
  • Support for SEPA European transfers.
FxPro has been available on our portal since the beginning of 2008. By creating an account through the Forex Club website, you get access to a whole range of benefits - and everything is in full FREE.

Having a real account in the Forex Club group you will receive:

  1. Returns to 15% of transaction costs (spread / commission),
  2. A set of tools to aid trade - Forex Club Tools
  3. You will receive a program for settlements with the tax office - Tax program
  4. Discounts on services and products of our partners.

DEMO account

CFDs are complex instruments and come with a high risk of losing money rapidly due to the leverage mechanism. 72,99% of retail investors lose money when trading CFDs with this provider. You need to consider whether you understand how CFDs work and whether you can afford to risk losing money.

DEMO FxPro account

fxpro demoTo open a demo account, complete the form on the FxPro website. On e-mail we will receive login details and a link to the platform (please check the SPAM tab) and at the same time access to the Direct.FxPro Customer Panel. From this panel, we can already set up further demo accounts, a real account, load documents, and make deposits and withdrawals.

Types of demo accounts:

  • MT4 with variable spread,
  • MT4 with fixed spread,
  • MT4 Instant,
  • MT5 with variable spread,
  • cTrader.

MT4 and cTrader account login details are different and are not interchangeable. The number and time validity of demo accounts are unlimited, so we can test the FxPro offer as much as we want!

Transactions on CFDs involve significant risk of losses.

REAL Account

REAL Account

Individual clients

  1. A prerequisite to get access to all Forex Club benefits, including partial refund of transaction costs, there is a transition to the form via the link above.
  2. Attach to the form color photos of two documents: ID card (both sides) or passport and any bill (e.g. for water, telephone, etc., or bank statement) not older than 6 months with the same address as the one provided in the form. If you do not have photos of documents at the moment, you can attach them later from the Customer Panel.
  3. Deposit with any method using Customer Panel.
  4. If you have doubts about whether the bill was correctly assigned to the Forex Club group contact contact us for verification.

Transactions on CFDs involve significant risk of losses.

Note:
If you already have a demo account with access to the Customer Panel, all you have to do is create a real account after logging in to the panel. It is important to choose the option of the affiliate program 105092.

Do you already have a real account in FxPro? You can assign it to the Forex Club group and get access to all the benefits offered. Write to us - CONTACT.

Institutional clients

If you want to open a company account, simply fill in the same registration form with company data, then contact FxPro support and provide all company documents. The invoice will be converted into an institutional account after verification of scans.

Risk Information

CFDs are complex instruments and come with a high risk of losing money rapidly due to the leverage mechanism. 72,99% of retail investors lose money when trading CFDs with this provider. You need to consider whether you understand how CFDs work and whether you can afford to risk losing money.

Investor's room

Professional customer

FxPro allows you to change the client's classification from retail to professional. In order to apply for a change of categorization, two of the three conditions described below must be met.

Conditions for changing classification:

  1. Conducting transactions with a value of the PLN equivalent of at least EUR 50 each, in the number of at least 000 transactions per quarter in the last 10 quarters;
  2. The value of the investment portfolio held exceeds the equivalent of EUR 500 (or the equivalent in another currency);
  3. Professional experience for at least one year in the financial sector in a position requiring knowledge regarding transactions in financial instruments or brokerage services.

PROFESSIONAL CUSTOMER - PROCEDURE


A professional client at FxPro receives:

  • The lever max. 1: 500,
  • Protection against negative balance without limits,
  • Access to all instruments offered and transaction conditions (spreads, commissions, platforms),
  • The ability to return to the status of a retail customer at any time.

The procedure for changing the classification:

  1. You must log in to the Direct.FxPro Client Panel,
  2. You must complete an application for professional client status.
  3. Mark in the application that you meet the minimum 2 with 3 requirements. The broker may selectively ask for additional explanations.
  4. The broker will contact you after verification of the application.

Direct.FxPro client panel

Direct FxPro Client Panel

All financial operations and maintenance of trading accounts are made on-line in the Customer Panel.

Deposits and withdrawals can be made using:

  • personal account,
  • credit and debit cards,
  • PayPal, Skrill or Neteller accounts.

Deposits paid by card or via PayPal, Skrill or Neteller appear on the account in FxPro after 10 minutes from the transaction.

In the case of a foreign bank transfer, this time depends on the banks and usually the entire operation takes 2 to 5 business days.

The payment will be credited to your Wallet account, from which you must then make an internal transfer to your trading account.


EVERYTHING ABOUT PAYMENTS FOREIGN BROKER


FxPro does not charge any fees for transactions of withdrawal and withdrawal of funds. All costs depend on the chosen method and its intermediary
Partial commission refund

Partial refund of Forex Club transaction costs

People who set up an account through the Forex Club website automatically join the partial refund of transaction costs (so-called partial refund of transaction costs). The return is up to -15% of the spread or commission paid.

Detailed information:

  1. The partial refund is up to -15%. Its final value depends on the instrument, the type of account and the exchange rate of the base currency of the account.
  2. The account must be created via the Forex Club website.
  3. There are no additional requirements in the form of min. deposit or turnover.
  4. The return is permanent - Commission refund is not limited time.
  5. The value resulting from the discount is returned directly by the broker to the investment account.
  6. The return is always at the beginning of the new month for the previous month.
  7. If the value of the discount granted does not exceed $ 10 for a given month, the total value will be returned only at the beginning of the month after which the condition will be met.
  8. Only currency pairs are covered.
  9. Partial refund includes spread paid or commission depending on the type of account.

Examples of discount values

Currency pair EUR / USD GBP / USD USD / JPY USD / CHF
Discount in pips 0,14 pips 0,14 pips 0,12 pips 1,4 pips
USD discount for 1 lot 1,4 USD 1,4 USD 1,1 USD 1,4 USD
* Discount in% - MT 4/5 10% 7% 8% 8%
** Discount in% - cTrader 14% 12% 13% 15%

* On MT4 and MT5 Instant the discount value in% is calculated based on the average spread.
** The% discount on the cTrader platform is calculated on the basis of a commission for courses with 5.01.2019.
*** In MT4 accounts with Market execution, the discount is on average 30% lower.

Terms of Business

Terms of Business

FxPro offers its clients:

  • currency pairs,
  • CFD shares,
  • precious metals,
  • CFD on indices,
  • futures on indices and commodities.

Types of accounts

FxPro offers several types of accounts:

  1. MT4 with a fixed spread - the commission is a fixed spread with a day and night tariff,
  2. MT4 with variable spread, market execution.
  3. MT4 with variable spread, instant execution.
  4. MT5 with variable spread.
  5. cTrader - very low market spread and transaction value commission.

Commissions in FxPro

In the cTrader account, in addition to the low spread, the broker charges a commission of USD 0,35 for every USD 10 traded.

People with an account in the Forex Club group receive up to 15% of the commission paid every month.

If you have an account in a deposit currency other than USD, all commissions are automatically converted at current market rates. Thanks to this, the investor does not profit from it, but also does not lose it.

VIP accounts

VIP accounts

By becoming a VIP FxPro client, you get a personal Manager watching over your account and accompanying you at every step of cooperation with FxPro. Thanks to this you gain:

  • private care of an FxPro employee,
  • access to VIP chat,
  • free VPS,
  • SMS notifications,
  • direct contact with every FxPro department.

The condition for receiving the VIP status is to keep the deposit above 50 000 USD on your investment account.

Platforms

Platforms

Available platforms:

  • FxPro MetaTrader 4,
  • FxPro MetaTrader 5,
  • FxPro cTrader,
  • WebTrader,
  • cTrader Web,

Mobile platforms:

  • FxPro aTrader (Android),
  • FxPro iTrader (iPhone / iPad),
  • cTrader Mobile.

FxPro MetaTrader 4

MetaTrader 4 is without a doubt the most famous trading platform among Forex traders. The software, which debuted in 2004, has become a world bestseller, and its popularity is due to its intuitiveness, reliability and high level of security. A wide range of configuration and personalization options combined with a huge amount of tools in the form of indicators, overlays and automatic strategies makes trading on MT4 a pure pleasure.

The intuitive interface allows you to quickly become familiar with the program's functions, which include information modules, updated charts, instruments for technical analysis and transaction and account control tools.

FxPro Meta Trader 4

Download the software:

A set of tools for our clients:

FxPro MetaTrader 5

The fifth edition of the MetaQuotes platform, known throughout the world, is a solution prepared primarily for cooperation with STP and ECN brokers, which are increasingly well-ordered by Forex traders. The new version of the platform enriches commerce with several important functions that MT4 has lacked so far.

Main advantages:

  • tick charts,
  • many time intervals,
  • market execution of orders,
  • integrated environment for creating EA scripts,
  • information about the depth of the market (DoM),
  • no hedging,
  • FIFO principle.

Download the software:


COMPARISON: METATRADER 4 vs METATRADER 5


FxPro cTrader

Relatively new software on the market, intended for cTrader accounts, characterized by transparency and functionality, and above all, amazing speed of action.

FxPro cTrader

Main advantages:

  • concluding transactions with one click;
  • advanced Take Profit orders,
  • copying shares from MT4,
  • Trailing Stop on the broker server side
  • converter for MQL indicators,
  • selection of any time zone,
  • e-mail notifications about activation of pending orders,
  • around 50 the most popular indicators of technical analysis;
  • many time intervals of charts (including 2, 3, 4, 10 minutes!);
  • the ability to "disconnect" the chart from the platform,
  • mobile versions available - iOS and Android.

Go to the application:

Analysis center

Analysis center

Having a real account in FxPro, we automatically gain access to a very extensive Analysis Center - Trading Central. It is a great solution for people who are just starting their adventure with the currency market. Thanks to it, you can see the analyzes of many markets prepared by professional analysts.

What is Trading Central?

Trading Central is a leading investment service providing analysis to professional investors and financial institutions. They support 38 from 50 the largest investment banks in the world. Their main activity, which they focus on, is mainly technical analysis.

Trading Central is a certified member of the Investorside Research Association. The financial analyzes prepared are independent and free from conflicts of investment banking, thanks to which it is to serve not only institutions but also individual investors.

trading central fxpro

Trading Central is a service that gives us access to stock market index analyzes, individual industry sectors, stock market, Forex currency market, bonds, commodities and metals. There is a lot of analysis, so the best way is to select a given category or search for information about a specific financial instrument.

FAQ

FAQ - FxPro

General questions

Forex Club is a website created by traders for traders, being a partner of FxPro since 2007. All persons registered via the Forex Club website offer a whole list of benefits. Of course, it costs investors nothing.
No. FxPro (as well as all foreign brokers) does not send PIT to its clients or information to the Tax Office. To settle the tax, use the transaction history on the platform and calculate the tax based on the transaction for a given year. Our Members can use the application for this purpose Forex Club Tax.

Open an account

No, all these things are completely free and do not involve any fees.
If we complete the registration form correctly and provide a set of documents, this time should not exceed 24 hours. If you register before noon, there is a good chance that your account will be fully active in the evening.
FxPro offers bills in 7 with deposit currencies: USD, EUR, GBP, AUD, CHF, JPY and PLN.
Of course. You can have several bills, even in the same currency.
It is not possible to change the currency on a given account. However, you can open a second account in the desired currency, and then make an internal transfer between accounts in the Customer Panel.
Of course. If you live outside of Poland, you can attach your ID card or passport during registration, and as a document confirming the address of any account or bank statement with the current address you entered in the registration form.
FxPro provides leverage up to 1: 30 for retail customers and 1: 500 for professional customers.
Yes. It is enough to order such an action in the Customer Panel. FxPro will change the leverage within 24 hours of the order, although in practice it takes a maximum of a few hours. We will be informed about the result by e-mail. You can also open a new account with a different lever - this option is also available in the Customer Panel.
Naturally. To do this, you must reset the password in the Customer Panel.
The account may be closed after paying out funds and ordering such an order in the Customer Panel.

Terms of trade

Partial refund of transaction costs is only available to persons belonging to the Forex Club. All you have to do is create an account through our website and you will automatically be qualified to the appropriate group. The refund is up to -15% of the costs incurred, and its exact value depends on the type of account and instrument - details are described in the Commission Policy.
Your account has not yet been fully activated. If it has been over 24h since its founding, there is probably a problem with the form or documents. In order to clarify the matter, please contact the broker or check the mail (including the SPAM tab).
The FxPro platform starts working on 23: 00 on Sunday and ends on 23: 00 on Friday of Polish time (GMT + 1). The FxPro server time zone is GMT + 2. In the initial and last trading hours, the spreads can be raised above the set limits and the lever is automatically reduced to 1: 100 (if there is a higher value on the account).
The MT4 / 5 platform does not have this option. However, this is possible on the cTrader account
This may be related to several issues. The first and essential is the so-called "datafeed", the source from which data is collected - brokers can quote from various providers. The second issue is the spread - it can have a slight impact on the exchange rate if spreads differ in brokers. The last reason may be differences in the speed of broker data servers. However, usually these differences are a matter of a few pips.
Demo and actual accounts are on separate servers. There are many more accounts on demo servers which may affect their speed of operation and course updates.
Spreads result from the instrument specification table and from the current market situation (volatility and its current liquidity) and the type of account. Details can be found in the specification of financial instruments on the broker's website.
No. FxPro does not impose time limits, the balance on which the position and the limits of the number of transactions must be closed. You can close positions even after 1 second from the opening with profitable 0,1 pip.
Of course. There are no contraindications, however, the strategy configuration should include extended quotes by one digit on the main currency pairs.
Yes. The minimum transaction volume is 0.01 lot (1 000 base currency units).

Deposits and withdrawals

You must pay the first deposit required within 30 days from the moment the account was created. After this time, FxPro will be interested in such an account and consequently can deactivate it.
Accounting FxPro does not work on weekends. You must wait until Monday morning to complete the transaction.
FxPro offers 5 possibilities: 1. credit card, 2. bank transfer, 3. PayPal, 4. Skrill, 5. Neteller. It should be noted, however, that you can only withdraw funds via the payment method you made. This is for customer safety. If you made a deposit with any of these three methods, you can withdraw the entire deposit by any method - up to the amount of the deposit made this way. Withdrawing profits is an exception - all profits should be withdrawn by bank transfer.
First of all, we have to define what according to us is the most convenient and the most advantageous. Details of deposit and withdrawal methods are described in detail here.
It is best to get acquainted with the current offer of your bank (fees and commissions for foreign transactions by bank transfer or card) and compare them with the current rates of other operators (these rates may be subject to change).
No. You can only make a deposit from your account, personal card or your own PayPal account. Account details in FxPro must match those from which the payment is made. It can not be an account of any family or friends.
No. Funds must be withdrawn via the same route that you have deposited into the same card, bank account or PayPal account.
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About the Author
Paweł Mosionek
An active trader on the Forex market since 2006. Editor of the Forex Nawigator portal and editor-in-chief and co-creator of the ForexClub.pl website. Speaker at the "Focus on Forex" conference at the Warsaw School of Economics, "NetVision" at the Gdańsk University of Technology and "Financial Intelligence" at the University of Gdańsk. Twice winner of "Junior Trader" - investment game for students organized by DM XTB. Addicted to travel, motorbikes and parachuting.