Best FxPro Alternatives

logomark Luca Puddu calendar Last Updated: November 2021 timer 4 min read
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FxPro was founded in 2006 as a global forex broker that offers financial services. The brokerage has had remarkable success in the industry as it serves traders across over 170 countries.

FxPro is a regulated company with several regulatory bodies, including the Financial Conduct Authority (FCA), the Securities Commission of the Bahamas, the Financial Sector Conduct Authority of South Africa (FSCA), and the Cyprus Securities and Exchange Commission (CySEC).

Traders have access to different trading platforms, including cTrader, MetaTrader 4, MetaTrader 5, and the FxPro Trading platforms for web and mobile. Here is a detailed article on the FxPro review that contains everything about the broker.

Nevertheless, if you think FxPro doesn’t have the needed features you want in a broker, you can consider several FxPro alternatives. Here you can look at why we have chosen such brokers as an alternative to FxPro:

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

FxPro alternatives Alternative for Minimum deposit
IC Markets Scalping, PAMM Account, Unlimited demo $0
Plus500 Number of assets, Unlimited demo, Proprietary Platform $100
Pepperstone Scalping, Spread Betting, PAMM Account $0*
eToro Copy Trading, Real shares Trading $200
XTB Total number of assets, Unlimited demo account $0
AvaTrade Spread Betting, Copy Trading, Fixed Spreads $100
FXTM Low Spreads, Account types choice, and Copy Trading $10
XM Low Spreads, Great Education section $5
Admiral Markets Number of assets and account types, Real trading shares $100 ($1 Invest Account)
ActivTrades Spread Betting $1,000

*$200 suggested by Pepperstone

Table of contents

FxPro Low Spread Alternatives

FxPro offers both floating and fixed spreads on different account types. The variable spread is available on MT4 and MT5, with EUR/USD having a spread of 1.5 pips. In contrast, the cTrader platform starts with 0.2 pips with a commission.

Here is an alternative to the Top 10 Lowest Spread Forex Brokers with minimum deposit allowed. From our list, you can trade with brokers that have average pips of 0.1

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum deposit Avg Spread EUR/USD
IC Markets $0 0.1 pips
Pepperstone $0 0.13 pips
XTB $0 0.9 pips
FXTM $10 0.1 pips
XM $5 0.1 pips
Admiral Markets $100 ($1 Invest Account) 0.1 pips

FxPro Copy Trading Alternatives

Similar to other top brokers in the forex market, FxPro offers copy trading features to traders. The copy trading feature allows traders to copy trades from other traders. You can read more about the top 10 copy trading best platforms in the industry that offers copy trading features.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum deposit Copy Trading Platform
IC Markets $0 ZuluTrade (depending on the location)
Pepperstone $0 DupliTrade, Myfxbook
eToro $200 WebTrader
AvaTrade $100 ZuluTrade, DupliTrade
FXTM $10 WebTrader

FxPro Spread Betting Alternatives

FxPro offers spread betting to traders while competing with other brokers. You can check the top 10 UK spread betting forex brokers to determine the best for your trading activities. You can compare the best spread betting alternatives that suit your trading goals.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum deposit Minimum Bet
Pepperstone $0 £0.2
AvaTrade $100 0.10 per point
ActivTrades $1,000 N/A

FxPro Unlimited Demo Alternatives

FxPro offers unlimited demo trading for traders. It takes time to be a consistent and profitable trader. FxPro allows traders to use an unlimited demo trading account for its MT4 and MT5 platforms. With this, traders can hone their skills to become more profitable. You can also read about the Top 10 best forex demo account.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Demo trial Minimum deposit for live account
IC Markets Unlimited $0
Plus500 Unlimited $100
eToro Unlimited $200
FXTM Unlimited $10
XM Unlimited $5

Choosing FxPro alternatives: main perks and characteristics

FxPro is a no-dealing desk (NDD) broker that offers several features while competing with other brokers. One unique feature that seems to be the focus point is the unlimited demo account it offers to traders with an account opening minimum deposit of $100. Furthermore, it allows spread betting and copy trading where traders can copy trades of professional traders.

Despite providing low spreads from 0 pips, there is a commission attached to different accounts. With a diverse range of trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader, you can easily trade any tradable asset. It also offers MAM and PAMM accounts for experienced and seasoned traders.

FxPro competes with top forex brokers in the industry. You can find a detailed FxPro review to get a glimpse of what to expect from this broker.

What is FxPro missing?

  • Not available for traders in the USA
  • It doesn’t offer trading for traders in Canada

FxPro alternatives comparison

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Feature Min. Deposit Low spreads from 0 pips Copy-trading Spread Betting Unlimited demo Execution
FxPro $100 Yes No Yes Yes NDD
IC Markets $0 Yes Yes Yes Yes ECN
Plus500 $100 No No No Yes Market Maker
Pepperstone $0* Yes Yes Yes No ECN/STP
eToro $200 No Yes No Yes STP
XTB $0 Yes No No No Market Maker
AvaTrade $100 No Yes Yes No Market Maker
FXTM $10 Yes Yes No Yes ECN
XM $5 Yes No No Yes Market Maker
Admiral Markets $100 ($1 Invest Account) Yes No No No ECN/STP
ActivTrades $1,000 No No Yes No Market Maker

*$200 suggested by Pepperstone

FxPro alternatives FAQ

What is FxPro’s best alternative?

IC Markets is the best alternative to FxPro. Nevertheless, for scalping, we consider IC Markets as the best option. If you want a broker that offers a unique copy trading feature, eToro is the best alternative. For spread betting, Pepperstone is top-notch, whereas Plu500 is the best alternative for an unlimited demo account.


About the Author

Luca Puddu

Broker Expert

Always full of different interests, Luca started to get interested in the field of personal finance in 2014.

His self-taught studies led him year by year to become increasingly interested in the investment field.

To date, Luca actively invests in the stock market and cryptocurrencies, focusing on rising markets and the industries of the future.

His main role at InvestinGoal.com is to analyze and study in the smallest detail the brokers and their platforms, while checking carefully that the information shown by them is genuine.

In this way, he provides readers with a complete and truthful overview of the broker they might be interested in.


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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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