FxPro review
Details checked 27 Sept 2026. Always confirm current terms on the broker's site.
Our verdict
FxPro is a long-running FCA and CySEC-regulated broker with a strong choice of platforms including cTrader. Its standard gold spreads are mid-range, and Indian clients are served by an offshore entity.
FxPro was founded in 2006 and is regulated by the FCA and CySEC, with additional entities in South Africa, the Bahamas, Seychelles and Mauritius. According to FxScouts India, Indian residents are currently onboarded under FxPro Markets Ltd in Saint Lucia, which does not offer the investor protections of the UK or EU entities. Gold is available on MT4, MT5, cTrader and the FxPro platform. On the Standard account, BrokerChooser measured the gold spread at about $0.38 in September 2026 and FXEmpire recorded about $0.34, around or slightly above the industry average. The Raw+ account offers raw spreads plus a commission of $3.50 per side ($7 round turn) per lot, although FxPro does not publish an average raw gold spread. Tier-1 retail clients get 1:20 leverage on gold; offshore accounts can access much higher leverage, which raises the risk of large losses. Negative balance protection, segregated funds and swap-free accounts are available. Deposits can be made by bank transfer, card and e-wallets, but UPI and netbanking are not listed. FxPro does not appear on the RBI Alert List, though that is not an RBI authorisation. It suits traders who want platform flexibility from an established group.
Pros
- FCA and CySEC licensed with a long track record
- Strong platform choice: MT4, MT5, cTrader and own app
- Raw+ account at $7 round turn for active traders
- Not on the RBI Alert List
- Accepts Indian residents
Cons
- Standard-account gold spread (~$0.34-0.38) is around or above the industry average
- Indian clients are served by the Saint Lucia entity (FxPro Markets Ltd) with minimal investor protection
- Extreme leverage offered offshore increases risk
- Fee structure differs across accounts, which can be confusing
Key facts
| Founded | 2006 |
|---|---|
| Headquarters | London, UK (major operations in Limassol, Cyprus) |
| Regulators | FCA (UK) - FxPro UK Ltd, 509956 (Tier-1); CySEC (Cyprus) - FxPro Financial Services Ltd, 078/07 (Tier-1); FSCA (South Africa); SCB (Bahamas) - FxPro Global Markets Ltd; FSA Seychelles; FSC (Mauritius) |
| Gold (XAUUSD) available | Yes |
| Gold spread, standard account | ~$0.38 (BrokerChooser Sept 2026); ~$0.34 (FXEmpire) |
| Gold spread, raw/ECN account | not published (Raw+ from 0.0 + commission) |
| Commission, raw account | $3.50 per side ($7 round turn) per lot on Raw+ |
| Max gold leverage (offshore entity) | Very high / 'unlimited' on some offshore accounts (reported by FxScouts India) |
| Max gold leverage (Tier-1 entity) | 1:20 (retail, FCA/CySEC) |
| Minimum trade size | 0.01 lot |
| Platforms | MT4, MT5, cTrader, FxPro Edge / app, TradingView (via cTrader) |
| Minimum deposit | $100 |
| Account types | Standard, Raw+, Elite, cTrader, Islamic swap-free |
| Indian deposit methods | Bank transfer, cards, Skrill, Neteller, UnionPay (UPI/netbanking not listed) |
| Accepts clients from India | Yes |
| Negative balance protection | Yes |
| Segregated client funds | Yes |
| Investor compensation | FSCS (UK); ICF (Cyprus); none for offshore entity |
| Swap-free account | Yes |
| On RBI Alert List | No: 2025-11-19 (latest RBI update; checked 2026-09-27) |
Member reviews
Sources used for this review
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