FxPro review: is no-dealing-desk execution on four platforms worth wider spreads?
FxPro offers MT4, MT5, cTrader and its own Edge platform, with no-dealing-desk execution and a $100 practical minimum. We checked the account types, tested spreads and regulators against the price you pay.
6.9/10
FxPro is a solid, well-regulated broker whose execution claims hold up in independent tests, but you pay for the choice of platforms. Standard accounts cost about 1.4 pips on EUR/USD, and even the Raw+ route is dearer than the leaders once commission is added. It suits a trader who wants cTrader or MT5 under a UK or Cyprus licence. Skip it if the lowest all-in cost is your only test.
Best for
Traders who want cTrader, MT5 or Edge with a regulated, no-dealing-desk broker
Four platforms on one login: MT4, MT5, cTrader and the in-house Edge terminal
No-dealing-desk execution, with fills quoted under 13 ms and 99.9% inside a second
FCA and CySEC entities give UK and EU clients strong regulatory cover
Raw+ and cTrader accounts price forex at raw spreads plus $3.50 a lot per side
Practical entry is about $100, with no standard withdrawal fee
What does not
Standard EUR/USD averages about 1.4 pips, among the wider mainstream prices
Fee structure is complicated, with commission quoted in US dollars only
No social or copy trading, and support runs 24/5 rather than 24/7
A $15 inactivity charge applies to dormant accounts
Specs
Minimum deposit
$100 practical, higher on Raw+ and Elite
Platforms
MT4, MT5, cTrader, FxPro Edge, TradingView
Standard EUR/USD spread
About 1.4 pips tested, no commission
Raw+ commission
$3.50 per lot per side on MT4 and MT5
cTrader commission
$35 per $1 million traded per side
Execution model
No dealing desk, quoted under 13 ms
Regulation
FCA 509956, CySEC 078/07, plus offshore entities
Support
24/5
FxPro's homepage promises "true 0 spreads". The word to watch is "true": it applies to specific accounts and instruments, and it arrives with a commission attached. Where FxPro earns its place is not the headline price but the plumbing behind it.
Leveraged forex and CFD trading carries a real risk of loss. Nothing here is personal advice.
What "no dealing desk" is supposed to mean
FxPro says it routes orders to liquidity providers rather than trading against clients. Reviewers who checked report average fills under 13 milliseconds, with 99.9% of orders completing in under a second, and FxEmpire says independent testing generally backs the claim. Those are vendor-adjacent numbers, so read them as a ceiling. The point of the model is that FxPro earns from spread and commission, not from your losing trades.
Four platforms, and only one is FxPro's own
Most brokers pick MetaTrader and stop. FxPro runs MT4 and MT5 for expert advisors, a cTrader account for depth-of-market fans, and Edge, its own terminal with charts and an integrated discover hub of signals and calendars. TradingView also appears in its help pages. FxPro's comparison page sets the platforms and accounts side by side.
fxpro.com
The platform comparison page: it is a table of accounts, not a marketing banner.
Expert advisors run on MT4 and MT5, and cTrader algos on the cTrader account. So an automated strategy can move between platforms without a change of broker.
Reading the price list without a calculator
Here is the cost ladder, with numbers from testers and FxPro's help pages.
Standard (MT4/MT5): spreads are marked up, commission is zero. CompareForexBrokers tested EUR/USD at 1.44 pips, and DayTrading.com lists spreads from 1.2 pips.
Raw+ (MT4/MT5): raw spreads plus $3.50 per lot per side. A minimum of $200 is listed for it.
cTrader: spreads from 0.2 pips and a $35 charge per $1 million traded. The same test measured 0.64 pips on EUR/USD, roughly $3.98 a lot per side.
Put that in dollars on one standard lot of EUR/USD, where a pip is worth about $10. Standard costs roughly $14.40 to open and close. The cTrader route costs $6.40 of spread plus about $7.96 of round-turn commission, or $14.36. In that test the raw account is not cheaper than Standard at all, so choose between them on platform and order handling, not on the expectation of a discount. Standard is at least simpler to budget for, because the whole charge sits in the price you see.
Nothing here is a scandal. It is simply not the cheapest on offer: raw-spread specialists commonly quote lower all-in totals. That fee structure is also harder to compare than most, and commission is quoted in US dollars, so a euro or sterling account converts it.
fxpro.com
FxPro's own answer to which account types it offers. The trading conditions change with the jurisdiction.
Note the jurisdiction line on that page. Conditions differ by entity, so the account you see may not be the account a reviewer describes.
Regulation, the honest part
FxPro UK Limited is authorised by the FCA (licence 509956) and FxPro Financial Services by CySEC (078/07). UK clients get FSCS cover up to £85,000, and EU clients the €20,000 CySEC scheme. Extra licences in South Africa, Bahamas and Seychelles serve everyone else, and those carry weaker protection. Check the entity named in your agreement.
Edge and the day-to-day
fxpro.com
The Edge section of FxPro's help centre, next to the MetaTrader and cTrader answers.
Edge is the only platform here with no competitor to compare against, and DayTrading.com credits it with more than 50 indicators. For a beginner it is friendlier than MT5, while a trader arriving from cTrader will miss the ecosystem. Support is 24/5, and there is no social trading, so anyone wanting to copy strategies should look at a different type of broker.
fxpro.com
The trading and execution help section, where the platform and CFD answers sit together.
The small print worth reading first
Two charges surprise people. DayTrading.com lists a $15 inactivity fee that begins after a period without trading and then recurs monthly, so a dormant account slowly drains. And withdrawals are free by default, but CompareForexBrokers notes 2.6% on Skrill and 2.0% on Neteller in some inactive-account cases. Ask support to confirm the current schedule for your entity before you deposit.
Who should open an account
Yes: a UK or EU trader who wants cTrader or MT5 with a no-dealing-desk model and a well-known regulator. Pick the account for the platform you want, since the tested costs are close.
Maybe: an EA developer who wants several platforms without moving funds.
No: anyone comparing on the lowest all-in cost, or wanting copy trading.
We land at mid-table: reliable, transparent enough and regulated, with a price that only makes sense if you value the choice.
