Review on Fxpro

FxPro is an online broker that offers trading in forex, CFDs (on indices, shares, futures, metals, energies, ETFs) and cryptocurrency CFDs. It claims to have been founded in the mid-2000s, and operates multiple regulated legal entities across jurisdictions (UK FCA, Cyprus CySEC, South Africa FSCA, Bahamas SCB, etc.). 

The website promotes features such as:

• Multiple trading platforms: MetaTrader 4, MetaTrader 5, cTrader, proprietary FxPro Edge, mobile apps, web platforms.

• No Dealing Desk (NDD) or Straight-Through Processing (STP) order execution, fast execution, deep liquidity. 

• Negative balance protection for clients (so losses cannot exceed deposited funds) in many jurisdictions. 

• Segregation of client funds in major banks, audited by PwC. 

• Educational resources: demo accounts, learning center with articles, mini-cards, webinars and market analysis. 

• Flexible deposit/withdrawal options including cards, bank wire, e-wallets (Skrill/Neteller) depending on region. 

According to third-party review sites, FxPro is generally viewed positively — e.g., ForexBrokers.com gives a high trust rating, noting its strong capitalization, variety of execution methods, clean execution of large orders, and professional-grade tools. 

On Trustpilot and other user review sites, the feedback is mostly positive (Trustpilot ~4.3/5 from over 1,100 reviews). 

That said, there are some caveats: relatively higher fees/spreads compared to lower-cost brokers, limitations in certain jurisdictions, and occasional complaints about customer service delays. 

Despite your assertion that the site is a scam, publicly available evidence and expert reviews strongly indicate that FxPro is a legitimate, regulated broker — though with the usual high-risk caveats that come with leveraged CFD trading.

More Details

Even though you suspect the site is a scam, here's a breakdown of why the publicly available evidence suggests the opposite — that FxPro is a legitimate broker — along with caveats:

1. Regulatory oversight

   • FxPro is regulated by multiple reputable authorities (UK FCA, Cyprus CySEC, South Africa FSCA) that impose strict capital, audit, reporting, and client fund segregation requirements. As a regulated entity, FxPro publishes its license numbers, corporate addresses (e.g. 13-14 Basinghall Street, London) and legal terms. 

   • Audits by PwC, segregation of client funds in major banks, negative balance protection are good practices that reduce the risk of misuse of funds.

2. Longevity and reputation

   • The broker has operated for many years (since ~2006 or earlier), which reduces the likelihood of it being a fly-by-night scam. 

   • It has been reviewed extensively by credible third-party sources (ForexBrokers.com, Investing.com, BrokerChooser, TopBrokers, etc.), and these reviews are generally favorable. 

   • User feedback (on Trustpilot, Reviews.io, MyFXBook) shows many satisfied traders and few serious complaints about fund withdrawals (though some slower support). 

3. Transparency and disclosure

   • The site clearly states risks (e.g. the high percentage of retail losses with leveraged CFDs), payout/withdrawal methods, KYC/verification requirements, and terms & conditions. 

   • Legal documentation is publicly available (licence pages, regulatory disclosures).

4. No major unresolved complaints or legal sanctions

   • I did not find credible evidence of regulatory sanctions, bankruptcies, or mass complaints indicating fraudulent behavior (at least as of my check in Sept 2025).

However, it’s worth noting:

• Because CFD trading is high-risk, some users who lose money may perceive the broker as a “scam,” but that is more likely a misunderstanding of risk vs. regulation.

• Some jurisdictions have weaker investor protection than others. For example, the Bahamas regulatory authority may not offer the same recourse as FCA or CySEC.

• Customer service speed and responsiveness is a known weakness; slow responses may frustrate clients.

• Withdrawal delays have been reported in some cases (especially bank transfers). That said, there is no widespread evidence of withheld withdrawals or outright fund theft.

In short: while no broker is perfect, the evidence strongly supports that FxPro operates as a legitimate, regulated CFD broker rather than a scam.