Review of Fxpro

Review of Fxpro

FXPRO was founded in 2006 and is a UK-based CFD and spread betting broker. Global Brands Magazine ranked FXPRO the most reliable Forex brand in the U.K. for 2017, with more than 455,000,000 orders fulfilled. The business now has more than 1,866,000 customers, is present in 173 countries and has EUR100million in Tier 1 capital. Fxpro says they are a reliable and trustworthy broker. They are regulated by the FCA, cysec and FSCA.

When it comes to credibility and reputation, FXPRO Review performs fairly well. Most crucially, they are subject to regulation in the UK, which is seen to be safer than certain EU authorities. Additionally, according to fxpro's advertising, they have one of the best counterparty credit ratings in the sector, with a score of 95 out of 100, where a high number implies a minimal danger of failure or insolvency.

Additionally, they take part in the Financial Services Compensation Scheme (FSCS), which enables customers to request compensation in the event that fxpro were to go bankrupt. According to new EU regulations, they provide clients with negative balance protection to prevent clients from losing more money than they have deposited.

Like many sogi active investing review brokers, fxpro doesn't charge fees on the majority of deals. One feature they promote is the absence of a pricey dealing desk, which enables them to pass cost savings through to customers

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