Look a broker up before you trust it

Ten quick answers

Does FxPro hold a licence?
It does. FxPro is supervised by FCA, CySEC, FSCA, SCB, and its licence number is FRN 509956. You can look that number up on the regulator's own public register.
How much do I need to open a FxPro account?
FxPro asks for a first deposit of at least $100. Certain account types may require more, so confirm the current amounts on the broker's official website.
Can I trust FxPro with my money?
FxPro has been trading since 2006 and is regulated by FCA, CySEC, FSCA, SCB. Before you deposit, check on the regulator's public register that the licence is still valid, and put in only money you can afford to risk on leveraged products.
Can US residents open an account with FxPro?
No. Because of US regulatory requirements (CFTC/NFA), FxPro is not taking clients who live in the United States at present.
How much leverage does FxPro offer?
The highest leverage at FxPro is 30:1 retail / 500:1 SCB. The limit for retail clients depends on where the account is regulated: under tier-1 regulators (FCA, ASIC, CySEC) it is lower than under offshore regulation.
Can I use MetaTrader 4 or MT5 with FxPro?
Yes. MetaTrader 4 and/or MetaTrader 5 are available at FxPro next to its other platforms.
Which trading platforms can I use at FxPro?
At FxPro you trade through MT4, MT5, cTrader, FxPro Edge. Where applicable, each of these comes in a desktop and a mobile version.
How quickly does FxPro pay out withdrawals?
How long a FxPro withdrawal takes depends on how you are paid: cards are usually handled the same day, e-wallets within 24 hours and bank wires in 1–5 business days. Your KYC verification has to be finished before any withdrawal.
Will FxPro charge me for withdrawing?
As a rule, FxPro makes no charge when you withdraw to the method you deposited with. A payment processor or bank may still add a fee of its own, which the broker does not control. The broker's payment terms give the current details.
Does FxPro have a demo account?
Yes. FxPro provides a demo account at no cost. It is loaded with virtual funds, so you can try the platform, practise your strategies and look around the available markets before you risk real money.