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Abstract:FxPro, an online forex broker currently caught our eye. Is it ok to invest in FxPro? This article may give you some clues.
About FxPro
FxPro, also called FXPRO UK Limited, is a UK-based forex broker. It was founded in 2006. FxPro provides its clients with a variety of financial instruments, including forex, stocks, futures, indices, metals, energies, and cryptocurrencies.
Is it legit?
FxPro is a regulated broker. It is regulated by the CySEC with license number 078/07 and FCA with license number 509956. Investing in a regulated broker is much more safe compared to investing in an unregulated broker.
Account Types
This broker offers clients two different types of accounts: Demo accounts and Live Accounts. FXPro offers a free 180-day lifespan demo account that enables traders to test their trading strategies and get a feel for the platform's features and functionality without risking any real money. The demo account comes with virtual funds that can be used to trade various financial instruments, including forex, commodities, indices, and shares.
With FXPro's demo account, traders can familiarize themselves with the platform's trading tools and resources, such as the advanced charting package, market news and analysis, and risk management tools. Traders can also practice their trading skills and test out new trading strategies in a risk-free environment.
Minimum Deposit
The minimum deposit of this broker is $100.
Maximum Leverage
The leverage of this broker is up to 1:200, which is pretty decent.
Deposit & Withdrawal
After you invest in FxPro, you can use the methods below to process deposits and withdrawals.
Bank transfer/credit/debit cards, PayPal, Skrill, Neteller, China UnionPay, mPay, FasaPay, Webmoney.
Customer Support
Multilingual customer support through Phone, Email, and Live Chat.
Engagement on Social Media Platforms
FxPro has official accounts on various social media platforms. FxPro also has a group of excellent analysts. “Investments in bitcoin fell $38 million last week, FxPro senior market analyst reported on Monday, May 15.” See below.
Conclusion
It is no doubt that FxPro is a solid broker that you can rely on. A regulated broker with a decent WikiFX score is hard to be a scam. However, there are still some complaints from traders against this broker. Therefore, we suggest you invest with care. If you want to know more about this broker, dont forget to check the broker details page on WikiFX.
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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