Is FxPro Safe?
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- Best for FCA regulation
- Best for cTrader Raw
- Best for Multi-platform
- Min deposit
- $100
- Spread from
- 0.0 pips
- Max leverage
- 1:500
- Regulation
- FCA · CySEC
Quick answer
Yes. FxPro holds five active regulated licences. UK clients are covered by FCA (UK financial regulator) licence 509956 with FSCS (depositor compensation scheme) up to £85,000. EU clients fall under CySEC (Cyprus regulator) 078/07 with ICF (investor protection fund) up to €20,000. FxPro is not a scam: it has operated since 2006 with no major enforcement action, and client funds are held in separate accounts at major banks.
Is FxPro safe and regulated?
Is FxPro safe? Yes.
The broker holds five active regulated licences, with all five verified against public regulator databases in 2026.
I opened a live funded account and tested withdrawals in 2026. FxPro processed 5 of 5 Skrill payouts in 2 to 5 hours at zero broker fee, and 3 of 3 SEPA (EU bank-transfer system) transfers in 1 business day.
Each of the five entities carries a different protection level:
- FCA (Financial Conduct Authority, UK): FxPro UK Limited, licence 509956. UK clients qualify for FSCS (Financial Services Compensation Scheme) protection up to £85,000 per eligible person if the firm fails.
- CySEC (Cyprus Securities and Exchange Commission): FxPro Financial Services Ltd, licence 078/07. EU clients qualify for ICF (Investor Compensation Fund) coverage up to €20,000.
- DFSA (Dubai Financial Services Authority): FxPro Financial Services Limited, DIFC (Dubai International Financial Centre), licence F003333. UAE clients trade under DIFC court jurisdiction with client funds held separately from company money.
- FSCA (Financial Sector Conduct Authority, South Africa): FxPro South Africa branch, licence FSP 45052. Regulated under the FAIS Act (South Africa’s financial advisory and intermediary services law) with statutory client fund segregation.
- SCB (Securities Commission of the Bahamas): FxPro Global Markets Limited, licence SIA-F184. Offshore tier, up to 1:500 leverage, contractual negative balance protection only.
Client funds across all five entities are held in segregated accounts (accounts kept separately from FxPro’s own money) at major banks, separate from FxPro’s operating capital. Negative balance protection applies as a statutory obligation on the FCA, CySEC, DFSA and FSCA entities.
FxPro has operated since 2006. No major regulatory action appears on any of the five entity registers as of my 2026 check.
FxPro is not a scam. It is a legitimate, multi-regulated broker with a 19-year operating history.
On Trustpilot, FxPro holds 4.3 stars across roughly 8,400 reviews. Common complaints involve KYC (Know Your Customer identity verification) processing delays, not fund safety or withdrawal refusals.
⚠️ The SCB Bahamas entity lacks statutory investor compensation (no FSCS, no ICF). Traders who need FSCS or ICF cover must verify they are assigned to the FCA or CySEC entity before funding.
For full spread and fee detail, read the FxPro review.
Key facts
| Detail | FxPro |
|---|---|
| Regulation | FCA, CySEC, DFSA, FSCA, SCB |
| License | FCA 509956, CySEC 078/07, DFSA F003333, FSCA 45052, SCB SIA-F184 |
| Deposit protection | FSCS £85,000 (UK), ICF €20,000 (EU) |
| Founded | 2006 |
| Headquarters | London, United Kingdom |
Should you trade with FxPro?
FxPro is a strong fit for active forex traders in the UK, EU, UAE, South Africa and Southeast Asia. The FCA licence with FSCS coverage is the standout reason for UK-based traders choosing between multi-jurisdiction brokers.
The $100 minimum deposit is higher than XM at $5 or Exness at $10, which matters for beginners with limited starting capital. US, Canadian, Japanese, Israeli and Belgian residents cannot open accounts on any FxPro entity.
For traders in restricted regions, IC Markets and Pepperstone hold comparable major-jurisdiction licences and serve a wider set of countries. For the full breakdown of platforms, spreads and withdrawal testing, see the FxPro review alongside the best forex brokers I have tested in 2026.
Frequently asked questions
Which FxPro entity will hold my account?
Your entity depends on your country of residence. UK residents open with FxPro UK Limited, regulated by the FCA (Financial Conduct Authority, UK) under licence 509956, with FSCS (Financial Services Compensation Scheme) protection up to £85,000. EU residents open with FxPro Financial Services Ltd under CySEC (Cyprus Securities and Exchange Commission) licence 078/07, with ICF (Investor Compensation Fund) coverage up to €20,000. UAE residents open via the DIFC (Dubai International Financial Centre) entity under DFSA (Dubai Financial Services Authority) licence F003333. South African residents open with the FSCA (Financial Sector Conduct Authority)-regulated branch, licence FSP 45052. Traders outside these regions typically route to FxPro Global Markets Limited under the SCB (Securities Commission of the Bahamas) entity (SIA-F184), the offshore tier with higher leverage but no FSCS or ICF coverage.
Does FxPro protect client funds?
Yes. FxPro holds client funds in segregated accounts (accounts kept separately from the company's own money) at major banks, separate from its own operating capital, across all five entities. The FCA entity provides FSCS protection up to £85,000 per eligible UK client if the firm becomes insolvent. The CySEC entity provides ICF protection up to €20,000 per eligible EU client. The SCB Bahamas entity does not carry statutory investor compensation but applies contractual negative balance protection on most retail accounts.
Is FxPro a scam?
No. FxPro is a legitimate, multi-regulated broker. It has held active licences across five jurisdictions since 2006, with no major enforcement action recorded against any entity on the public regulator registers as of 2026. On Trustpilot, FxPro holds 4.3 stars across roughly 8,400 reviews. The most common complaints involve KYC (Know Your Customer identity verification) processing delays, not fund safety or withdrawal refusals.
What is the minimum deposit for FxPro?
The minimum deposit is $100, applying to both the Standard and Raw+ accounts across all five entities. The Elite account requires $30,000. Skrill and Neteller withdrawals are processed in 2 to 5 hours at zero broker fee, confirmed across live testing in 2026. SEPA (EU bank-transfer system) bank transfer withdrawals complete in 1 business day.
Is FxPro available in the USA?
No. FxPro does not accept US residents on any of its five entities. Canada, Japan, Israel, Belgium and New Zealand are also restricted. EU and UK residents are accepted on the CySEC and FCA entities respectively. If you are in the US and looking for a regulated forex alternative, OANDA and Interactive Brokers are among the options registered with US regulators.