FxPro

FxPro is a regulated broker with over 15 years of operation. It holds licenses from the FCA (UK), CySEC (Cyprus), FSCA (South Africa), and the Bahamas Securities Commission. The broker has a core score of 7.00 on WikiFX, with strong regulatory and risk control indices. These factors contribute to its reputation as a safe and reliable broker.

Yes, FxPro is regulated. Its main entities include FXPRO UK Limited regulated by the FCA (registration number 509956) and FXPRO Financial Services Ltd regulated by CySEC (registration number 078/07). It also holds offshore regulation from the Seychelles FSA and regulation from the Bahamas Securities Commission and South Africa’s FSCA.

The minimum deposit for FxPro is not explicitly specified in the latest broker data. Traders should contact FxPro directly or check their official website for current account opening requirements.

Yes, FxPro supports both MT4 and MT5 platforms. The broker holds full licenses for both platforms, and offers several account types that are compatible with MT4 and MT5, including Elite, Raw+, and Standard accounts.

Pros: Strong regulatory oversight from top-tier regulators like FCA and CySEC; offers MT4 and MT5 with full licenses; multiple account types with competitive spreads (from 0 pips on Raw+ and Elite); high execution speed rated AAA; supports scalping and EA trading. Cons: Not available to US residents; some accounts have higher spreads (Standard from 1.2 pips); offshore regulation in Seychelles may offer less investor protection.

Based on the latest data, there are no user complaints listed against FxPro on WikiFX. The broker has a good regulatory record and no abnormal licenses.

FxPro is not available to US residents. The broker is regulated in the UK, Cyprus, Seychelles, South Africa, and the Bahamas, and does not accept clients from the United States due to regulatory restrictions.

Yes, FxPro is suitable for beginners. It offers user-friendly platforms (MT4/MT5), educational resources, and a range of account types including a Standard account with fixed spreads. The broker is well-regulated, providing a safe trading environment for new traders.

FxPro offers competitive spreads. The Elite and Raw+ accounts have spreads from 0 pips on major FX pairs, while the Standard account has spreads from 1.2 pips. The broker’s trading cost rating is AA, indicating low cost. However, exact commission structures are not fully detailed.

FxPro offers three account types: Elite, Raw+, and Standard, all compatible with MT4/MT5. Elite and Raw+ accounts feature spreads from 0 pips (floating) and are suitable for active traders. The Standard account has spreads from 1.2 pips (floating) and is designed for beginners. All accounts allow scalping and EA trading, but none support Islamic accounts based on the data.

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.