3.8 / 5
Rating breakdown
Things we didn't like:
Only CFDs and forexHigh trading fees for some stock CFDs
Inactivity fee
Why would you want an alternative to FXPRO?
Considering an alternative to FxPro might be beneficial for several reasons. Firstly, FxPro's pricing structure isn't as competitive as that of industry leaders like IG and CMC Markets, making it less attractive for traders who prioritize cost-efficiency. Additionally, while FxPro's proprietary platform, FxPro Edge, has a solid foundation, it falls short when compared to the top proprietary trading platforms available, potentially limiting advanced traders who need more robust tools. Moreover, FxPro offers fewer symbols for forex and CFD traders, which can be a drawback for those looking for a broader range of trading instruments. The segmentation of the BnkPro app from the main FxPro client experience might also be a point of frustration for users who prefer an integrated trading and banking platform.
What other users do not like about FxPro
FxPro TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, FxPro has currently 243 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 3.70/5.00.
Main Complains according to the Users' Reviews
- Withdrawal takes ages
- Does not Allow Hedging
What to look for in a FXPRO Alternative?
When looking for an alternative to FxPro, it's crucial to consider several factors. Competitive pricing is paramount to enhance profitability, especially for high-volume traders. The quality of the trading platform is equally important; brokers offering advanced proprietary platforms or access to popular third-party platforms like MetaTrader 4, MetaTrader 5, or cTrader might provide a better user experience and more advanced trading tools. Additionally, a broker offering a wider variety of trading instruments can offer more opportunities for diversification. An integrated client experience that combines trading, banking, and payment services can simplify financial management and trading activities. Ensuring that the broker is well-regulated by reputable financial authorities is essential for the security of funds and adherence to industry standards. Excellent customer support and comprehensive educational resources can also significantly enhance the trading experience, especially for novice traders. By considering these factors, one can find a broker that better meets their trading needs and preferences.
Best FXPRO alternatives – forex brokers like (or better than) FXPRO
4.2 / 5
Rating breakdown
Things we liked:
AvaTrade has low trading feesThe account opening is user-friendly and fast
It offers a lot of deposit and withdrawals options free of charge
Things we didn't like:
The product portfolio is limited as it offers only CFDs, forex, and cryptosThe research tools are limited
AvaTrade Overview
Since its establishment in 2006, AvaTrade has expanded to 11 countries and offers an array of trading platforms for web, desktop, and mobile use. It facilitates trading in spot forex, forex options, and CFDs across various asset classes, including cryptocurrencies. AvaTrade boasts 300,000 registered traders executing over 3 million trades monthly, with a total traded value exceeding $1.47 trillion.
4.0 / 5
Rating breakdown
Things we liked:
XM has low trading feesThe account opening is user-friendly and fast
Lots of educational tools
Things we didn't like:
XM has a limited product portfolioThe research tools are limited
It charges inactivity fees
XM Overview
XM is a CySEC, ASIC and IFSC regulated, multi-asset class broker offering to trade on more than 1,000+ tradable CFD’S on Forex, Stocks, Commodities, Indices, Metals and Energies on the globally-recognised trading platforms MetaTrader 4 and MetaTrader 5 for PC, Mac, Web, iOS and Android systems.
4.0 / 5
Rating breakdown
Things we liked:
Quick account setup process.Access to the advanced MT5 trading platform.
Commission-free trading across all account types.
Things we didn't like:
Limited selection of tradable instruments compared to industry leaders.Higher minimum deposits required for VIP and Elite accounts.
Bullwaves Overview
Bullwaves is a Forex and CFD broker established in 2023, offering access to over 250 tradable assets across various markets, including Forex, indices, commodities, shares, metals, and ETFs. The firm provides trading services through the MetaTrader 5 (MT5) platform, catering to both novice and experienced traders. With a minimum deposit requirement of $250, Bullwaves aims to make trading accessible to a wide audience. The broker is owned by Equitex Capital Limited and is regulated by the Financial Services Authority (FSA) of Seychelles.