FxPro Review offers transparent quality execution alongside some of the best trading conditions in the industry. It has been providing online trading services since 2006. It serves 173 countries worldwide, of which the Philippines is one.
- Louis Schoeman
Updated : May 22, 2025
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Overall Rating
- 4.7/5
Min Deposit
USD 100/ 3,860 PHP
Regulators
FCA, CySEC, SCB, FSCA, FSC
Trading Desk
MT4, MT5, cTrader, FxPro Platform
Crypto
Yes
Total Pairs
69+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
FxPro is a well-known Forex and CFD broker that provides Filipino traders with a wide range of features and services. Since the broker started its business in 2006, it has grown into a worldwide known forex and CFD broker, serving clients in over 170 countries.
We reviewed FxPro’s services, and we were first impressed with its regulatory structure. FxPro has a license with top-tier authorities like the FCA, CySEC, SCB, FSCA, and FSC.
FxPro offers CFDs on currency pairs and five other asset classes, namely shares, energy, indices, futures, and metals, making it an appealing option for Filipino traders interested in these markets.
What is also appealing to Filipino traders is the 5814,75 PHP ($100) minimum deposit requirement, which allows beginner traders to try out the platform.
Filipino traders can choose between various live account types that suit beginners and more advanced traders. They can also choose between the popular Meta Trader 4 and MetaTrader 5 and the proprietary FxPro Platform.
FxPro’s order execution is superb, and its combination of cutting-edge technology, excellent regulatory compliance, and regional assistance makes it an appealing option for Filipino traders.
Furthermore, their instructional tools are an excellent resource for newcomers learning the dynamic world of trading.
Whether you’re a seasoned trader or just starting out, you will find what you are looking for in this award-winning broker. Their outstanding collection of over 100 awards throughout the years speaks loudly about their accomplishments.
Is FxPro a trusted broker?
Yes, FxPro is well-known throughout the industry as a trustworthy and reliable broker, and it is regulated through top-tier authorities such as the FCA, CySEC, FSCA, FSC, and SCB.
What financial instruments can Filipinos trade in with FxPro?
FxPro offers Contracts for Difference (CFDs) on 6 asset classes: forex, shares, spot indices, futures, spot metals, and spot energy.
At a Glance
| 🔢 Established Year | 2006 |
| ⌛Regulation and Licenses | FCA, CySEC, SCB, FSCA, FSC |
| 4️⃣Ease of Use Rating | 4/5 |
| 🎁Bonuses | None |
| ⏰Support Hours | 24/5 |
| 📊Trading Platforms | FxPro Platform, MetaTrader 4, MetaTrader 5, cTrader, FxPro App |
| 🗂️Account Types | Standard, Raw+, Elite |
| 💵Base Currencies | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR |
| ✏️Spreads | From 0.0 pips |
| ⬆️Leverage | 1:500 |
| 💷Currency Pairs | 70; major, minor, exotic pairs |
| 💴Minimum Deposit | 5,900 PHP ($100) |
| 💶Inactivity Fee | None |
| 🗣️Website Languages | English, Spanish, French, German, Italian, Polish, Czech, Hungarian, Swedish, Bulgarian, Finnish, Lithuanian, Danish, Croatian, Estonian, Norwegian, Romanian, Russian, Dutch, Portuguese, Indonesian, Malay, Vietnamese, Thai, Arabic, Korean, Chinese (Simplified), Chinese (Traditional), Mongolian, Japanese |
| 💰Fees and Commissions | Spreads from 0.0 pips, commissions from $7 per round turn on Forex |
| 🤝Affiliate Program | Yes |
| ❌Banned Countries | The United States, Canada, Iran |
| ✴️Scalping | ✅ Yes |
| ✳️Hedging | ✅ Yes |
| 🛢️Trading Instruments | Forex, futures, indices, shares, metals, energies, crypto CFDs |
| 🚀Open an Account | 👉 Click Here |
Regulation and Safety of Funds
Regulation in the Philippines
FxPro is not regulated by Bangko Sentral NG Pilipinas (BSP). However, FxPro’s global regulations are listed in the table below.
Global Regulations
| 🔍Registered Entity | 🌎Country of Registration | 🔢 Registration Number | ⌛Regulatory Entity | 📊Tier | ✏️License Number/Ref |
| 🥇FxPro UK Limited | United Kingdom | 06925128 | FCA | 1 | 509956 |
| 🥈FxPro Financial Services Limited | Cyprus | HE 181344 | CySEC | 2 | 078/07 |
| 🥉FxPro Global Markets Limited | The Bahamas | N/A | SCB | 3 | SIA-F184 |
| 🏅FxPro Financial Services Limited | South Africa | HE181344 | FSCA | 2 | FSP 45052 |
| 🏆Prime Ash Capital Limited T/A FxPro | Mauritius | N/A | FSC | 3 | GB21026568 |
Protection of Client Funds
| 🔍Security Measure | ℹ️ Information |
| 🗂️Segregated Accounts | ✅ Yes |
| 👤Compensation Fund Member | ✅ Yes |
| 💵Compensation Amount | 20,000 EUR |
| 🎓SSL Certificate | ✅ Yes |
| 2️⃣2FA (Where Applicable) | ✅ Yes |
| ⛔Privacy Policy in Place | ✅ Yes |
| ⚠️Risk Warning Provided | ✅ Yes |
| ❌Negative Balance Protection | ✅ Yes |
| 🛑 Guaranteed Stop-Loss Orders | None |
How long has FxPro been in business?
FxPro Financial Services Ltd was registered on July 31, 2006, and received its CySEC license on March 05, 2007.
What are the advantages of trading with FxPro?
FxPro is a No Dealing Desk Execution (NDD) broker, offering professional trading conditions, superior execution technology, and access to deep liquidity.
Awards and Recognition
During our search on FxPro, we discovered that the broker has received numerous awards since its inception in 2006. Some of the awards that the broker has won include the following:
✅In 2025, FxPro was awarded the Bet CFD Provider by the City of London Wealth Management Awards.
✅In 2023, FxPro was named Best FX Service Provider by the City of London Wealth. Management Awards.
✅In 2023, the broker won the Most Innovative Trading Platform MENA title for its solutions for the Middle East and North Africa area in Dubai, UAE.
✅Also in 2023, FxPro received the Best Trading Platform award by Investors Chronicle and Financial Times.
✅In 2022, FxPro won the Best Forex Provider by Online Money Awards.
✅In 2021, FxPro was the Best Broker (UK) award by Ultimate Fintex Awards.
✅In addition, the Ultimate Fintex Awards also recognized FxPro as the Best FX Provider (UK) and Best Mobile Trading App (UK) in 2021.
Account Types
| 🔍Account Type | 💴Minimum Deposit | 🚀Open an Account | ⬆️Leverage | 📊Platforms |
| 🥇Standard | 5,900 PHP ($100) | 👉 Click Here | 1:500 | All |
| 🥈Raw+ | 29,073 PHP ($500) | 👉 Click Here | 1:500 | All |
| 🥉Elite | 1.7 million PHP ($30,000) | 👉 Click Here | 1:500 | All |
Standard Account
This account type will suit all retail traders, especially novice Filipinos. We found this account easy to understand and could be used to trade on all the available platforms.
These platforms provide traders with powerful tools and features to ensure a smooth trading experience.
Another plus with the FxPro Standard account is the low. Thanks to its low 5,900 PHP ($100) minimum deposit requirement, it is accessible to novice traders and more experienced ones.
Spreads start at 1.2 pips, and there are no commission charges, which means traders can limit their risk using the account’s micro-lot trading (0.01 lots) and leverage up to 1:500.
Raw+ Account
According to FxPro’s website, Filipino traders who register for the FxPro Raw+ account will receive real VIP treatment.
It offers fast execution and zero spreads (for 90% of the trading day), which makes this account the most cost-effective option of the three live account types.
To open this account, you must deposit 29,073 PHP. It is accessible on the MetaTrader and FxPro platforms, allowing traders to take advantage of the best market conditions.
Those who trade often or in high volumes will find the Raw+ Account perfect due to its near-instant execution and low slippage. Commission charges are $3.5 per side for every lot.
Scalpers and high-frequency traders who aim to reduce transaction costs will find this pricing model particularly useful.
Elite Account
Our research indicated that the FxPro Elite Account is the best option for high-level Filipino VIP traders who want trading conditions that are comparable to those of institutions.
Filipinos looking for trading solutions that consistently deliver top-notch performance and dependability will benefit from this account type.
The account types require a huge minimum deposit of 1.7 million PHP ($30,000), which will only be accessible to experienced traders with a huge trading capital.
The account type also offers traders zero spreads (90% of the trading day) with low commission charges of $3.5 per side per lot.
The Elite Account is accessible via the MT4 platform and provides leverage of up to 1:500 to facilitate micro-lot trading.
Demo Account
FxPro demonstrates its dedication to assisting beginner traders by providing a demo account on which traders can trade CFDs on Forex, Metals, Indices, and more in a risk-free environment.
The demo account provides a secure setting for you to practice your trading abilities, regardless of your level of experience.
FxPro will fund the demo account with $100,000 virtual money. Filipino traders can explore all the broker offerings and try out the different trading platforms for 180 days, after which they will be eliminated.
However, to access the FxPro demo accounts, you need to complete the registration form and provide the broker with some personal information.
Upon completing your trial run on the demo account, a real account will automatically be created, but to activate it, you must verify your identity. You may need to confirm some additional details with you.
Islamic Account
FxPro also makes provision for Filipinos who follow the Muslim faith and have to abide by the Sharia laws regarding financial endeavors.
Filipinos who qualify for the Islamic Swap-free account are guaranteed that their trading activities comply with their religious convictions by eliminating swaps or interest on overnight positions.
However, further research indicated that fees may be applied once trades on certain instruments are open for specific days. To apply for a swap-free account, Filipino traders need to send an email with a request to the FxPro Back Office Department at [email protected]. More details can be obtained from Customer Support.
Can Filipino traders open a corporate account?
Yes, Filipino traders can open a trading account on your company name via the usual sign-up procedure.
Can you open more than one account with FxPro?
Yes, FxPro allows up to 5 different trading accounts. You may open additional trading accounts via your FxPro Direct.
How to Open an Account Step-by-Step
To get started with FxPro, Filipino traders can follow these steps:
Step 1: Go to the official website and scroll down to the specific account types. Then click on “Open Account.”
Step 2: Complete the online registration form
Step 3: Wait for confirmation from FxPro
You will receive a confirmation email with a link to continue with your registration. Next, you will have to provide further personal information and confirm your identity by uploading a copy of your ID card or passport with a document like a utility bill or bank statement as proof of your residence address.
Once your identification has been confirmed and your account approved, you can deposit the required minimum funds into your trading account and start trading.
What base currencies can I open an account in?
Clients of FxPro may open an account with the following base currencies: EUR, USD, GBP, AUD, CHF, JPY, PLN, and ZAR. Unfortunately, the PHP currency of the Philippines is not accepted and currency conversion fees will apply.
Are demo accounts limited in any way?
You may open as many demo accounts as you wish, which will be charged with virtual funds via FxPro Direct. However, please note that demo accounts will be deactivated after 180 days. Also, the MT4 and MT5 demo accounts are limited to 70 open positions.
Trading Platforms and Software
FxPro offers Filipino traders the following Trading Platforms:
➡️FxPro App
➡️cTrader
➡️MetaTrader 4
➡️MetaTrader 5
FxPro App
The in-house FxPro trading platform also includes the FxPro app, specifically catering to traders on the go. It offers a real-time market news feed that keeps traders constantly updated on the happenings in the financial markets.
The App is easy to navigate, and trades can be executed with just a few taps. This can be a huge advantage in a hectic trading day. The App also integrates with the FxPro’s wallet features, allowing Filipino traders to transfer funds instantly.
cTrader
FxPro’s cTrader is at the top of the range, providing traders with a modern and extremely user-friendly interface.
In today’s fast-paced market, we were impressed with this platform’s transparent pricing and fast trade execution. For traders in fast-paced markets, it’s important to have access to platforms like cTrader that offer transparent pricing and fast trade execution.
The platform offers impressive algorithmic trading capabilities, enabling Filipino traders to execute intricate strategies popular among those who know how to use advanced technology.
The platform also provides advanced charting tools that allow traders to perform accurate, detailed technical analyses.
MetaTrader 4
MetaTrader 4 has been the preferred trading platform for years, and this is no exception with FxPro. It is still a flexible tool that caters well to Filipino traders on all levels.
The platform is compatible with desktops and all mobile devices, making it accessible for all traders, whether they trade on a desktop or on the go.
The platform’s integration with Trading Central tools offers exclusive technical analysis indicators and valuable tools for traders to spot potential opportunities and optimize their entry and exit points.
In addition, the platform offers the flexibility to personalize the interface and incorporate custom Expert Advisors (EAs) and indicators through the MQL4 coding language.
MetaTrader 5
Staying ahead in the world of trading is quite possible if you use MetaTrader 5, the revised version of the popular MetaTrader 4.
MT5 is becoming one of the most widely used platforms in the industry. It incorporates all of the key features available with the MT4 platform but with some additional features and an optimized environment for EA trading.
This platform provides a wide range of advanced trading features and tools. Filipino traders can access various timeframes, an economic calendar, and depth of market (DOM) data.
With these tools, traders can thoroughly analyze the market. The platform also can handle a wide range of asset classes, such as stocks and futures, which makes it a flexible option for diversified portfolios in the Philippines.
Do you allow the use of trading algorithms on your platforms?
Yes, Expert Advisors are fully compatible with the FxPro MT4 and FxPro MT5 platforms, and cTrader Automate can be used on our FxPro cTrader platform.
How do I download trading platforms MetaTrader 4 and MetaTrader 5?
After registering and logging into FxPro Direct, the relevant platform links are conveniently displayed on your ‘Accounts’ page. From there you can directly install desktop platforms, open webtrader, or install mobile apps.
Range of Markets
FxPro offers Filipino trades the following Trading Instruments:
| 🔍Instrument | 🔢 Number of Assets Offered | ⬆️Max Leverage Offered |
| ➡️Forex | 70 | 1:500 |
| ➡️Futures | 21 | 1:50 – 1:100 |
| ➡️Indices | 19 | 1:50 – 1:200 |
| ➡️Shares | 2,000+ | 1:25 |
| ➡️Metals | 8 | 1:50 – 1:200 |
| ➡️Energies | 3 | 1:200 |
| ➡️Cryptocurrency CFDs | 30 | 1:20 |
FxPro vs CMTrading vs Exness – Broker Comparison
| 🔍Broker | 🥇FxPro | 🥈CMTrading | 🥉Exness |
| ⌛Regulation | FCA, CySEC, SCB, FSCA, FSC | FSA, FSCA | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA |
| 📊Trading Platform | MetaTrader 4 MetaTrader 5 cTrader FxPro App | MetaTrader 4 CMTrading Web CopyKat | MetaTrader 4 MetaTrader 5 Exness App Exness Terminal |
| 💵Withdrawal Fee | None | ✅ Yes | None |
| 🆓 Demo Account | ✅ Yes | ✅ Yes | ✅ Yes |
| 💴Min Deposit | 5814,75 PHP ($100) | 17373,25 PHP ($299) | 1452,61PHP ($25) |
| ⬆️Leverage | 1:500 | 1:200 | Unlimited |
| ✏️Spread | 0.0 pips EUR/USD | From 0.9 pips | Variable, for 0.0 pips |
| 💷Commissions | $3.5 per side | None; only the spread is charged | From $0.1 per side per lot |
| 🛑 Margin Call/Stop-Out | 100%/50% | From 20% | 25%/15% |
| 🧑⚖️Order Execution | Market | Market | Market |
| ❌No-Deposit Bonus | None | None | None |
| 💰Cent Accounts | None | None | ✅ Yes |
| 🗂️Account Types | Standard Account Pro Account Raw+ Account ECN Account | Bronze Account Silver Account Gold Account Premium Account | Standard Account Standard Cent Account Raw Spread Account Zero Account Pro Account Social Standard Social pro |
| 👉BSP Regulation | None | None | None |
| 💶PHP Deposits | None | None | None |
| ✳️PHP Account | None | None | ✅ Yes |
| ⏰Customer Service Hours | 24/5 | 24/5 | 24/7 |
| ➡️Retail Investor Accounts | 4 | 4 | 7 |
| ☪️Islamic Account | ✅ Yes | ✅ Yes | ✅ Yes |
| ⬇️Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| ⬆️Maximum Trade Size | Unlimited | Unknown | Unlimited |
| ⏰Minimum Withdrawal Time | 1 business day | Instant | 24 hours |
| ⏱️Maximum Estimated Withdrawal Time | 7 business days | Up to 3 working days | 3 days |
| ✔️Instant Deposits and Instant Withdrawals? | ✅ Yes, Deposits | ✅ Yes, deposits and withdrawals | None |
| 🚀Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
10 Best Forex Brokers in the Philippines
Rank
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Min Deposit
Official Site
Fees, Spreads, and Commissions
Fees
Below, we have explained what we found on FxPro’s fee structure regarding trading and non-trading fees.
Spreads
Spreads are the gap between an instrument’s purchase and sale prices, and they usually vary depending on the account type used and the instrument traded.
With FxPro, the spreads of the different live account types are transparent. For example, spreads on a popular currency pair like the EUR/USD start at 1.2 pips on the Standard account.
Spreads on the Raw+ and Elite accounts start from 0.0 pips, but where there are no commission charges on the Standard account, the other two accounts have commissions charged.
Commissions
We found that FxPro’s commission structure is simple and clearly defined. The Standard Account has no commission charges incorporated into the spread.
However, on the Raw+ and Elite accounts, a $3.5 commission is charged per lot per side. These fees may not seem like much initially, but they add up quickly, especially for frequent traders. On the Elite account, Filipinos can earn up to 21% of their commissions.
Overnight Fees
Swap or rollover charges are incurred when a trade is kept open overnight to reflect the cost of funding your trade or trades.
With FxPro, the swap is charged automatically to the client account at 10 PM (UK time) and converted into the account’s currency.
On FxPro, MT4, and cTrader platforms, the swap is calculated and charged once every weekday. However, for weekends, a triple charge will take place on Wednesday for forex and metals and on Friday for other instruments.
FxPro also offers swap-free accounts with some conditions. These are usually only registered to Muslim traders who must abide by Sharia laws. Filipino traders must ensure they do not keep positions open for long periods.
Deposit and Withdrawal Fees
On a very positive note, FxPro does not charge any fees on deposits or withdrawals. However, Filipino traders may be subject to fees from their banks. Some e-wallets may have a fee for withdrawals if you have not traded.
Inactivity Fees
We found that Filipino traders who do not use their registered account for six months will be charged a $15 once-off account maintenance fee and an additional $5 monthly fee.
Currency Conversion Fees
FxPro offers several case currencies for traders to deposit and withdraw funds. However, the PHP of the Philippines is not one of the base currencies. Therefore, traders will face currency conversion charges.
How can Filipinos avoid inactivity fees?
The best way to avoid an inactive fee is to conduct a transaction, such as a deposit or trade, or to have an automatic bill payment or direct deposit through the account. One other option is to close the account.
Can Filipinos open a joint account?
Yes, traders can open a joint account, and each person is required to open an individual FxPro account first and then fill in a Joint Account Request Form, which can be obtained by contacting the Back Office Department.
Overall Rating
- 4.7/5
Min Deposit
USD 100/ 3,860 PHP
Regulators
FCA, CySEC, SCB, FSCA, FSC
Trading Desk
MT4, MT5, cTrader, FxPro Platform
Crypto
Yes
Total Pairs
69+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Deposit and Withdrawal Options
| 💳Payment Method | 🌎Country | 💵Currencies Accepted | ⏰Processing Time |
| ➡️Bank Transfers | All | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR | 1 – 7 days |
| ➡️Credit/Debit Cards | All | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR | Instant – 1 day |
| ➡️Neteller | All | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR | Instant – 1 day |
| ➡️PayPal | All | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR | Instant – 1 day |
| ➡️Skrill | All | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR | Instant – 1 day |
| ➡️UnionPay | All | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR | Instant – 1 day |
Deposits
Bank Wire
✅Log in to your FxPro account and go to your client wallet. Click “Deposit Funds.”
✅Select “Bank Wire”.
✅Enter the deposit amount and desired currency.
✅You also need to provide your bank data.
✅Determine if this transaction will reoccur and provide the information required.
✅Check the information entered and submit.
Credit or Debit Card
✅Log into your FxPro account and go to your client wallet. Click “Deposit Funds.”
✅Select “Credit/Debit Card.”
✅Enter the deposit amount, base currency, and card information.
✅Check that you have entered the correct information and submit.
e-Wallets or Payment Gateways
✅Log into your FxPro account and navigate to your client wallet’s “Deposit Funds” area.
✅Select your e-wallet or payment gateway from the options available.
✅Enter the deposit amount and currency.
✅Check your information and submit the request.
Withdrawals
Bank Wire
✅Log in to your FxPro account and select “Withdraw Funds” from your client wallet.
✅Select “Bank Wire.”
✅Enter the withdrawal amount and currency.
✅Provide your bank information as requested.
✅Submit the withdrawal request.
Credit or Debit Cards
✅Log in to your FxPro account and select “Withdraw Funds” from your client wallet.
✅Select “Credit/Debit Card.”
✅Enter the withdrawal amount and currency.
✅Follow the instructions to complete the withdrawal.
✅Submit your request.
e-Wallets or Payment Gateways
✅Log in to your FxPro account and select “Withdraw Funds” from your client wallet.
✅Select your e-wallet or payment gateway for withdrawal.
✅Follow the steps to complete the withdrawal.
✅Submit your request.
What methods can I use to deposit funds into my FxPro account?
FxPro accepts bank wire transfers, credit and debit cards, PayPal, Neteller, Skrill, and other methods available as per your country of residence.
What is the FxPro Wallet?
The FxPro Wallet is a personal risk management tool that works as a central account from which you can transfer money to all your other trading accounts with a few simple clicks.
Leverage and Margin
FxPro offers a variable leverage mechanism that changes according to the specific financial instrument the trader trades on. It also varies according to the trader’s experience level.
Depending on their original investment, Filipinos use leverage to take on bigger positions using a dynamic, systematic leverage approach.
For example, on key currency pairings such as USD/EUR, retail clients can access leverage of up to 1:200, whereas professional clients get leverage of up to 1:500.
With margin, Filipino traders are guaranteed, through the policy of FxPro, that they will always remain informed should their account balance drop below the necessary margin level. This lowers the risks for traders.
Margin works as follows: If you deposit $10,000 in your margin account, you put up 50% of the purchase price, giving you $20,000 worth of buying power. Then, if you buy $5,000 worth of stock, you still have $15,000 in buying power remaining.
FxPro also offers a margin calculator, which makes it easy for Filipino traders to manage their holdings using this tool since it helps them estimate the margin requirements for their transactions.
What is leverage?
Leverage uses borrowed funds to amplify returns from an investment in a financial asset. Investors use leverage to multiply their buying power in the market.
What is a CFD?
‘CFD’ stands for ‘contract for difference’ and consists of an agreement to exchange the difference in the value of an underlying financial instrument between the time the agreement is opened and the time it is closed.
If the difference is negative, the buyer must pay the difference to the seller. If the difference is positive, the seller must pay the difference to the buyer.
Educational Resources
| ➡️Economic Calendar | ✅ Yes |
| ➡️VPS | ✅ Yes |
| ➡️AutoChartist | None |
| ➡️Trading View | ✅ Yes |
| ➡️Trading Central | ✅ Yes |
| ➡️Market Analysis | ✅ Yes |
| ➡️News Feed | ✅ Yes |
| ➡️Blog | ✅ Yes |
| ➡️eBooks | None |
| ➡️Educational Videos | ✅ Yes |
| ➡️Platform Tutorials | ✅ Yes |
| ➡️Webinars | None |
| ➡️Seminars | None |
| ➡️Live Support | ✅ Yes |
What is the FxPro VPS?
The FxPro VPS service grants you access to a Virtual Private Server provided by BeeksFX, one of the largest global service providers of VPS solutions. It operates in data centers in London Equinix, the same location as FxPro servers.
Does FxPro offer a glossary?
Yes, the broker offers a glossary, and its page provides all the terms and definitions used in Forex trading.
Bonuses and Promotions
On thorough research of FxPro’s offerings, we found that it does not provide bonuses or promotions to new or existing clients. These incentives are usually offered to attract customers.
Affiliate Programs
Features
In addition to all the services that FxPro offers, its affiliate program offers a good chance for trading professionals to earn extra income. We found the partnership program quite impressive.
The broker values forming long-lasting, successful partnerships and has been working hard to enhance its benefits scheme significantly.
If you opt for the introducer program, Filipinos can earn as much as 55% for every active trader a partner brings in. There is a direct correlation between the number of clients brought in and the prospective earnings.
If you register for the affiliate program, you get paid for each client that opens an account with FxPro and can receive up to $1,100 per client. You can increase your global network with the exclusive materials on offer with the broker.
FxPro also provides a partner portal, which is a full dashboard with insights into revenue, information on trading activity, and client management capabilities provided to partners.
By simply clicking on the IB link builder after you have registered as a partner, Filipinos can create unique partnership links and access special promotional content. This will assist them in attracting new clients.
Partners can also track how much money they can make using a provided calculator. Partners also have easy access to their money because the FxPro program provides various ways to withdraw income. This liquidity is essential to stabilize their finances and reinvest in their firm.
How to Register an Affiliate Account Step-by-Step
Step 1: Go to the official website and click on the “Partner with us” icon
Step 2: Scroll down and click on the “Become Affiliate” banner
Step 3: Click on “Join Now” and complete the online registration form
Step 4: Wait for confirmation from FxPro
FxPro will send you a confirmation email where you must click the verification link to validate your email address. Additional information will also be required, such as the social network platforms you use, your website URL, and the marketing methods you intend to use.
Review and submit any further documents FxPro requests to confirm your account and ensure compliance with their partnership program.
What is the FxPro affiliate program?
FxPro’s Affiliate Program is a leading affiliate marketing program in the financial industry, offering a lucrative opportunity for individuals and businesses to earn substantial commissions by promoting the renowned FxPro brand.
How much can a Filipino trader earn with the affiliate program?
With FxPro’s affiliate program, Filipino partners can earn up to 50%.
Customer Support
| 🫴🏻 Customer Support | 👤FxPro Customer Support |
| ⏰Operating Hours | 24/5 |
| ➡️Support Languages | Multilingual |
| 🗣️Live Chat | ✅ Yes |
| 💻Email Address | [email protected] |
| ☎️Telephonic Support | ✅ Yes |
| 5️⃣The overall quality of FxPro Support | 5/5 |
Response Time
| 🫴🏻 Support Channel | ⏰Average Response Time | ⏱️User-based Response Time |
| ☎️Phone | 5 – 6 minutes | 4 minutes |
| 1 working day | 24 – 48 hours | |
| 🗣️Live Chat | 4 – 7 minutes | 4 minutes |
| 📱Social Media | 3 – 6 minutes | 5 minutes |
| 🤝Affiliate | 24 – 48 hours | 24 – 48 hours |
Does FxPro operate on social media platforms?
Yes, you will find FxPro on Facebook, LinkedIn, Twitter, YouTube, Telegram, and Instagram.
Where is the headquarters of FxPro?
FxPro has headquarters in London, England in the United Kingdom, but also has offices in various other areas it operates in.
Social Responsibility
Our investigation into FxPro indicated that Corporate Social Responsibility (CSR) is a key part of the broker’s mission. The broker is actively involved in several charities and strives to make a difference in the lives of needy people.
Through FxPro’s CSR initiatives, the broker encourages and supports a higher quality of life and proper education and nutrition.
On the broker’s website, under the banner Company and then clicking on FxPro Corporate Social Responsibility, Filipino traders will find information on the broker aid for charities, such as The UN Refugee Agency, Naked Heart Foundation, London UK, Butterfly Ball Monaco, and more.
FxPro also promotes employee engagement in community events, instilling a feeling of social responsibility in the company culture.
The CSR program of FxPro is consistent with its mission and aims to promote and assist communities and instill a responsibility also within its workers.com
User Comments and Reviews
FxPro has a huge amount of global users. We’ve explored some review sites to find some of the comments left by existing clients. Here’s what we found:
🥇“The company provides many types of financial assets, and I can trade whatever I want. The trading platform is convenient to use, but I think it lacks functionality, but doesn’t make it worse during trading. The technical support is loyal and always responds fast and without delays. Keep up the good work, FxPro!”
🥈“The combination of its trading terms on the Raw+ account type and its excellent execution speed make this platform suitable for scalping trading strategy. I don’t know its suitability for other strategies, but I am satisfied with my trading results. What makes the difference is their flawless execution. All the orders are executed in milliseconds. Moreover, the cost of trading is pretty low. The commission of $3.5 per lot per side for a raw spread account type is one of the lowest I have found out there.”
🥉“I appreciate that FxPro has truly advanced trading infrastructure. All the good trading engines are available to choose from. Even TradingView. However, I believe that they could be an even more attractive trading platform if they offer some welcome packages for attracting new clients. I would love to see some deposit bonus promotions.”
In Conclusion
FxPro is well worth considering by any Filipino trader, whether a novice or experienced. It has a strong global presence and is well-capitalized and trustworthy. It has licenses in various jurisdictions and is strictly regulated by top-tier authorities such as FCA, CySEC, SCB, FSCA, and FSC.
Our Insight
In my opinion, FxPro is a good option for Filipino traders. The broker’s fee structure is competitive and transparent, but high-frequency traders on the Raw+ and Elite accounts should consider the commission fees when trading, as they could add up.
Our Recommendations
Although FxPro is a reliable broker for many Filipino traders, there are some areas where the broker can improve. They are the following:
✅Expand instructional offerings with information specifically geared to Filipino traders.
✅Include PHP as a base currency and more local payment alternatives to make deposits and withdrawals easier.
✅Partnering with local financial institutions or trading groups in the Philippines might help FxPro broaden its reach and gain the trust of local traders.
✅Organizing webinars or seminars in the Philippines might improve the broker’s brand awareness and position itself as a valued partner in the Filipino trading community.
Pros & Cons
| ✅Pros | ❌Cons |
| Strictly regulated through FCA, CySEC, SCB, FSCA, and FSC. | It is not locally regulated in the Philippines. |
| Takes its social responsibility seriously. | PHP cannot be used as base currency |
| A demo account is offered. | No local payment methods for Filipinos |
| Numerous educational and research tools are available. | Charges and inactivity fee. |
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Frequently Asked Questions
Can I use the Philippine peso to finance my FxPro account?
No, you can’t. FxPro only accepts USD, EUR, GBP, CHF, PLN, AUD, JPY, and ZAR.
How long has FxPro been operating as a broker?
FxPro was incepted on July 31, 2006, and received its CySEC license on March 05, 2007.
When and how are IB commissions paid?
Commissions are credited to your FxPro Wallet every week. You may use a bank wire transfer to withdraw your commissions.
Can I change my FxPro Wallet base currency?
Your FxPro Wallet should be in the same currency as your deposits and withdrawals to avoid potential conversion fees.
How long does it take to process my withdrawal request?
During normal working hours, withdrawals are usually processed within a few hours. The withdrawal request will be processed the next working day if it is received outside working hours.
What spreads does FxPro offer?
FxPro offers competitive spreads across all its platforms, with differences depending on the account type you choose.
