FxPro Group Lt.: reviews and profiles
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FxPro Group Lt. founded in 2006. Included in the Group FxPro Financial Services Ltd., Activity last adjusted at Cyprus legislation. To date, FxPro is a list of leading international brokers in the foreign exchange markets. Company's clients are mainly private investors who are trading on-line. The company offers its services in more than 120 countries around the world except the United States and certain other countries. In 2010, the number of active clients reached 16,980, almost 10% more than 2009. From 2008 to 2010, the company opened a network of offices in Vienna, Nice, London, Madrid, Athens and Moscow. The current number of employees about 130, most of which is located in Cyprus. Customers include representatives from more than 140 countries. In 2009, the company was a sponsor of the World Rally Championship (WRC) in Cyprus, and the official sponsor of the team BMW Sauber Formula 1. FxPro is involved in charity work. 

During its operation, FxPro has earned a considerable number of awards:

  • Best Forex Broker in 2009 by the magazine World Finance;
  • Best Global Trading Platform 2010 by the magazine World Finance;
  • Best Forex Broker in 2008 by the magazine CEO;
  • The fastest growing forex broker in 2010 by the magazine World Finance;
  • Award of the Republic of Cyprus for the innovation;
  • Forex Expo Awards 2010 - Best Institutional Broker;
  • Forex Provider 2010;
  • Forex Expo Awards 2011 - Best Institutional Broker.

FxPro company has operations in various countries:

  1. Australia;
  2. France;
  3. Russia;
  4. Germany;
  5. Cyprus;
  6. Austria;
  7. Italy;
  8. Portugal;
  9. UK;
  10. Spain;
  11. Hungary.

License of FxPro Group:

The company FxPro Financial Services Ltd. regulated activities of the Securities and Exchange Commission of Cyprus (SySEC license number 078/07), which allows to provide financial services on an international level.CySEC is a member of the Committee of European Securities Regulators (CESR). The company FxPro Financial Services Ltd. adheres to all European and local laws, including the Law of Cyprus "On Investment Services" (Law № 144 (I) / 2007) and the EU Directive «O markets in financial instruments» (MiFID). Also FxPro UK Limited - a subsidiary of FxPro Financial Services Ltd, which is regulated by Financial Services Authority (FSA), registration number 509956. The Australian branch of the company FxPro Australia Ltd. regulated by ASIC. 
company FxPro is a member of: 

  • Cyprus Chamber of Commerce and Industry (CCCI);
  • Cyprus International Financial Services Association (CIFSA);
  • Cyprus Financial Services Firms Association (CFSFA);


The company also registered in the Investor Compensation Fund, which is intended to protect the Fund's clients, as well as to compensate for losses due to failure of a member of the Fund to fulfill its obligations. Headquartered FxPro is located in Limassol, Cyprus. The company is registered in the area of offshore jurisdictions


PositionParagraphsPoints
LeagueLeague 1
Year of creation200690
RegulatorsCySEC - 30
FSA - 70
ASIC - 30
130
Broker AwardsForex Expo Awards 2010 - 10
Investment Awards 2010 - 10
EUROPEAN CEO Magazine Awards 2008 - 5
World Finance Awards 2009 - 5
World Finance Awards 2010 - 10
40
Local Branches11
Branches worldwide612
PR in the media2020
Rating vote Rector Masterforex-V Academy2.20132.00
Rating vote Academy students Masterforex-V3.0090.00
Rating vote of Internet users2.5025.00
The number of positive reviews online traders918
Number of non-payment of profit traders00
Number of traders claims00
Spread EUR / USD1.405
Spread GBP / USD1.905
Spread USD / CHF2.102
Spread EUR / GBP2.002
Spread GBP / JPY6.005
Traders contests, monthly prize ($ 1,000 = 1 point)0.00.0
General points: 577.00

method of calculating the rating forex brokers >>>

Trading platforms of FxPro Group Lt.

To work to its customers the company offers the following types of POS terminals:

  • FxPro WebTrader;
  • FxPro cTrader;
  • FxPro MT4 MultiTerminal;
  • FxPro MT4 Client Terminal;
  • FxPro iTrader for the iPhone;
  • FxPro iTrader for iPad;
  • FxPro b Trader;
  • FxPro aTrader for Android;
  • FxPro MT4 Smartphone;
  • FxPro MT4 Mobile.

Education forex and stock trading:

  • FxPro does not provided special training to traders and do not offer them bonuses and promotions. Competition among traders held. 

 Trading:

Trading instruments and brokerage of FxPro Group:

  • Forex (more than 70 currency pairs);
  • Contracts for retail;
  • Spot Metals,
  • CFD on shares
  • CFD on futures (# EX, # EP, # ENQ, # YM, # CL, # NG, # W, # C, # S, # FCE, # FDX, # FFI, # NKD, # FSMI).

Trading conditions of FxPro Group:

  • Floating spread is fixed with an extension of 0.5 points;
  • Free replenish trading account (for customers "PSB")
  • Leverage from 1:1 to 1:500;
  • No hidden fees;
  • More than 60 currency pairs;
  • 40 different contracts for difference (CFD);
  • Commission - 0;
  • Stop Out - 10%;
  • Minimum deposit - 500;
  • Insurance payments to 20 000 euro from Investor Compensation Fund in bankruptcy of the company;
  • Quotes to the fifth decimal place;
  • minimum size of 0.1 unit;
  • FxPro Direct - laundry account management;
  •  Deposit account:
  1. Moneybookers;
  2. PayPal;
  3. Neteller;
  4. Credit Visa, MasterCard, Visa Delta, MasterCard, Maestro International, Maestro UK;
  5. Bank transfer;
  6. WebMoney;
  7. Withdrawal of funds by the same way as the input.

Advantages of:

  • rapid withdrawal of funds;
  • insurance of funds.

Disadvantages of:

  • technical problems with the trading platform;
  • not free in dealing.

The presence of the "black list brokers":

  • Blacklisted brokers Forex broker is not currently detected. Non-payment of profit from the Academy of students of Masterforex-V were found.

 

Voting and feedback traders in the forex broker rating about FxPro Group Lt.:

  • students at Masterforex-V Academy
  • Internet users

 

Company news:

  • No

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