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Trade with the Best STP Forex Broker

I'm very happy with FxPro

I'm very happy with FxPro so far. Support works 24\5. All applications is easy and convenient to trade. Platform is perfect. Highly recommend this broker.

Dzigovski 2018-04-16

Our favorite thing about FxPro remains the negative balance protection: a mechanism that automatically closes open positions, starting with the most unprofitable ones, when a trader is threatened by a margin call. In case a negative balance occurs due to trading, the broker covers it and doesn't hold traders responsible for the negative balance. This lets you focus on your strategy, rather than pointlessly worrying about losing your balance. 

 
FxPro is a Cypriot NDD forex broker operating out of Cyprus, the United Kingdom and Australia. It offers excellent trading conditions and the highest level of customer protection possible to ensure smooth, profitable and successful trading for its customers. Registered with CySEC, FSA UK and ASIC, FxPro is also a member of the Investment Compensation Fund (ICF) and the Financial Services Compensation Scheme (FSCS). 
 
The platforms offered by FxPro are Metatrader 4 (MT4) and cTrader ECN – both quite popular and technically sophisticated to match pretty much every trader's needs. cTrader, powered by Spotware, is one of the best ECN trading platforms available on the market. It supports one-click dealing, market depth, Level II pricing, excellent charting and 30 technical indicators, paired up with lightning-fast execution. The platform grants traders access to 10 liquidity providers. 
 
FxPro's spreads are variable and begin at 0.8 pips for MT4 accounts (keep in mind that the typical spread on EUR/USD is around 1.8 pips, though) and at 0.1 pips for cTrader users (add to this a commission of $3 per lot). It is possible that these spreads widen during major news releases. 
 
Beginners can take advantage of the broker's educational resources – video tutorials, webinars, live hangouts, etc. For more advanced traders, there are additional analytical tools like Trading Central and Autochartist. Dow Jones news are integrated straight into the MT4 platform. 
 
Selected customers of FxPro are offered VIP services that include market recommendations, exclusive news reports, account margin alerts, etc. 
Add forex broker
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader		 $100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader		 $50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader		 $100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac		 $100 Review Website

Latest Forex News

UK's FCA might ban credit card deposits with online forex and CFD brokers

 Jan 20 2020 18:21:17, Jonathan Smith in Market

After earlier this month the UK Gambling Commission (UKGC) announced that after April 14th 2020 clients of gaming websites will no longer be able to use credit cards to fund their bets, some experts and analysts say it is high time that the UK's Financial Conduct Authority (FCA) do the same, as quite too many retail investors rely on their credit cards to make deposits on forex and CFD trades.    “Debt shouldn’t be creating more debt for the retail consumer”, says  Rod Martenstyn,  former CEO of GKFX, quoted by Finance Magnates. Read more

The CNMV remains vigilant, blacklists Forbslab and eTrader247

 Jan 20 2020 14:32:21, Jonathan Smith in Market

 Unregulated forex brokers Forbslab and eTrader247, along with several other alleged scammers, have been the latest additions to the warning list of Spanish financial watchdog – the Comision Nacional del Mercado de Valores (CNMV).   ForbsLab is an offshore broker that has already been blacklisted by Luxembourg’s financial watchdog, the CSSF. The broker is allegedly owned and operated Walsh Invest & Trade Ltd or Kayescent Corp., a company registered on the British Virgin Islands.    eTrader247’s website, on the other hand is completely anonymous, lacking any company information whatsoever. Read more

Crypto scammer Patrick McDonnell sentenced to 33 months of imprisonment

 Jan 17 2020 14:54:19, Jonathan Smith in Market

Patrick McDonnell, CEO of Coin Drop Markets, was sentenced to 33 months in federal prison and also ordered to pay $224,350 in restitution, after pleading guilty to cryptocurrency fraud last year. The Federal court in Brooklyn issued the sentence on Thursday.   Through his company Cabbage Tech Corp., also known as Coin Drop Markets, the 47-year-old New Yorker defrauded at least 10 victims of around $194,000, plus additional virtual currency funds, for a total loss of $224,350, officials said. The criminal activity took place between November 2014 and January 2018. Read more

FC Barcelona and FBS Sign New Global Partnership Agreement

 Jan 17 2020 13:05:55, Forexbrokerz.com in Brokers

Broker specializing in online trading becomes club’s Official Trading Partner for four years, through 30 June 2024.   FC Barcelona and FBS have reached a new global partnership agreement, whereby the broker specializing in Forex trading is to become the soccer club’s Official Trading Partner for the next four years, through 30 June 2024. This partnership will be a boost to Barça’s global commercial strategy, as part of the consolidation of its international expansion to ensure it continues to be a benchmark club both on and off the field.    The agreement was made official at an event held at the Camp Nou stadium attended by Mr. Read more

UK's FCA expects up to 10% decline of profits in the forex industry

 Jan 16 2020 17:47:56, Jonathan Smith in Market

The Financial Conduct Authority (FCA) expects that the new regulations imposed on the retail forex and CFD brokers in the UK will lead to an overall reduction of their profits of between 6% and 10% - a decline which by the year 2021 may reach between 38.5 million GBP and 55.3 million GBP.   The data comes from the latest FCA impact assessment, published on Thursday, which measures the effect of the new leverage restrictions, adopted back in 2018.    According to the current rules, applied both in the EU and the UK, the maximum leverage a broker might offer its clients is 1:30 for major forex pairs, 1:20 for most CFDs and 1:2 for crypto CFDs. Read more

UK’s FCA updates its warning list with A.B.Capitals and LincolnFX

 Jan 16 2020 16:48:27, Jonathan Smith in Market

  Another bunch of brokers have made it to the warning list of UK’s Financial Conduct Authority since the beginning of 2020. We’ll focus on two of them - A.B.Capitals and LincolnFX – which, according to the British financial watchdog, have been providing financial services to UK investors without a proper license.   As a matter of fact, the FCA exposed LincolnFX as a clone firm of company duly regulated in the UK with the name Lincoln Finance Ltd. The official warning reads that fraudsters are using the details of FCA-licensed firms to try to convince investors that they work for a genuine, authorised firm. Read more

Coinbase will pay $1 mln to victims of the Cryptsy hack attack

 Jan 15 2020 18:06:18, Jonathan Smith in Market

Coinbase, the San Francisco based crypto exchange, has agreed to pay 962500 USD as a compensation  to victims of the Cryptsy hacker attack, in an out of court settlement, court papers reveal.   In January 2016 after a hacker attack in which some 13 000 Bitcoin and 300 000 Litecoin were stolen,  Cryptsy filed for bankruptcy. Of the stolen crypto coins over 10 000 Bitcoins belonged to customers.   On it part Coinbase got involved in the case, when victims of the attack accused it of helping to launder part of the stolen coins. In an official complaint filed in December 2016 Coinbase was accused of laundering some 8.2 million USD in digital currencies. Read more

Clients of FXFINPRO to be invited to file compensation claims

 Jan 15 2020 14:32:03, Jonathan Smith in Market

  Clients of now-defunct forex brokerage FXFINPRO will be invited to submit compensation applications by the Investor Compensation Fund (ICF), the Cyprus Securities Exchange Commission (CySEC) announced on Monday.   CySEC has initiated a compensation procedure for clients of PFX Financial Professionals Ltd. – a former Cyprus Investment Firm (CIF) that operated FXFINPRO Capital brokerage brand. The Cypriot financial watchdog has wholly withdrawn the license of the aforementioned company in October 2018, but the latter hasn’t yet settled its obligations to clients although it should have done so in accordance with the Law. Read more

Australians were scammed for $42.5 mln in 2019 alone

 Jan 14 2020 14:08:08, Jonathan Smith in Market

Australians have lost some 61.61 mln AUD (42.5 mln USD) in investment scams in 2019 alone, the latest data of the Australian Competition and Consumer Commission (ACCC) reveals.   For 2019 there are 4986 separate reported scams in the country, but according some analysts the actual number of scam cases is much higher as many people feel too embarrassed to acknowledge they have been scammed.   According to the ACCC report July was particularly bad for the investment community in Australia – in July alone some 12.56 mln. AUD (8.67 mln. USD)  were lost to scammers. August and December were also months when the scam levels were notably higher. Read more

Chinese investors lost an average of $20k to crypto scams in 2019

 Jan 14 2020 13:06:44, Jonathan Smith in Market

  Chinese crypto investors who have been scammed in 2019 reportedly lost nearly $20k each (134,522 yuan), according to the 2019 Cyber Fraud Trend Research Report, published previous week.   The annual study reveals that crypto scams were the most common type of online financial fraud reported in China last year. Furthermore, it seems that while online fraud cases decline in 2019, the losses per capita rise, as scammers appear to target wealthier individuals.    The report also said crypto scammers typically promise high yields with newly launched ‘coins,’ or funds which are “actually frauds, pyramid schemes, and illegal fund-raising activity. Read more

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