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Abstract:Founded in 2006, FxPro is a reputable UK-based broker, trading on various market instruments. In this article, we will help you find the answer to one question: Is FxPro reliable?
Please continue to read if you want to know whether FxPro is a reliable forex broker.
In this article
WikiFX provides inquiry services in the forex field.
WikiFX evaluates the reliability of FxPro based on the facts.
What is WikiFX?
WikiFX is an authoritative global inquiry platform that provides basic information and regulatory license inquiries. |
WikiFX can evaluate the safety and reliability of more than 59,000 global forex brokers. |
WikiFX gives you a huge advantage while seeking the best forex brokers. For more information, such as the review and exposure of brokers, please visit our website (https://www.WikiFX.com/en) |
To explore whether FxPro is a scammer, we evaluated this broker based on various aspects, such as regulatory status.
To understand FxPro better, we explore it by analyzing two main perspectives:
A. General Info of FxPro
B. Regulatory Status
Founded in 2006, FxPro is a reputable UK-based broker, offering trading on forex, indices, shares, futures, energy, metals, and crypto. The broker offers over 70 currency pairs, including majors, minors, and exotic pairs, with competitive spreads starting from 0 pips.
All account types support trade sizes from 0.01 lots and provide access to the MT4/MT5 platforms with a swap-free option for Islamic accounts.
FxPro offers leverage of up to 1:200. It's recommended to use leverage wisely and only trade with funds you can afford to lose.
FxPro provides a variety of robust and user-friendly trading platforms to choose from, including the popular MT4 and MT5, as well as their FxPro Trading Platform and the advanced cTrader platform.
The minimum deposit is $100. Clients can deposit funds through various methods, including bank transfer, broker-to-broker transfer, VISA, MasterCard, Maestro, and MasterCard. Withdrawals can also be made using the same methods.
It is important to note that while the broker does not charge deposit and withdrawal fees, bank transfers may attract fees from the bank or intermediary bank, and credit card withdrawals may incur a 2% fee on the withdrawal amount.
What is a Legitimate License?
The legitimate license of FxPro
According to WikiFX, FxPro operates under a strong regulatory frame.
To figure out whether X is a scam or not, we did a survey about this broker on X.
In December 2024, FxPro launches BankPro, a game-changing private digital bank with multi-currency accounts, Visa Platinum cards, and seamless investment & trading features.
WikiFX gives brokers a score from 0 to 10. The higher the score is, the more reliable the broker is.
The Scoring Criteria of Brokers on WikiFX |
License index: reliability and value of licenses |
Regulatory index: license regulatory strength |
Business index: enterprise stability and operational capability |
Software index: trading platform, instruments, etc |
Risk Management index: the degree of asset security |
FxPro has been given by WikiFX a decent rating of 8.77/10.
All over, FxPro is a sophisticated broker that offers excellent trading services to its global clients. It is regulated and welcomed by many traders. It may be a good choice for you to start your trading journey. However, we still want to remind you of the potential risk in the forex trading. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX App to find the most trusted broker for yourself.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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