Higher Rated
Forex.com
Capital at risk · T&Cs apply
In the competitive landscape of online trading, Forex.com and FxPro stand out as prominent brokers, each catering to different trader profiles. Forex.com, with its extensive regulatory oversight and wide range of markets, appeals to US-based traders and those seeking robust market research and analysis tools. In contrast, FxPro, known for its no dealing desk execution and higher leverage options, is ideal for UK and European traders who prioritise fast execution and advanced trading platforms. The key difference lies in Forex.com's acceptance of US clients and broader market access, while FxPro offers more competitive spreads and leverage options.
Forex.com
FxPro
| Forex.com | FxPro | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 4.1/5 |
| Min. Deposit | $100 | $100 |
| Spread from | 0.8 pips | 0.6 pips ✓ |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, CFTC, ASIC ✓ | FCA, CySEC, ASIC |
| Platforms | MT4, MT5, Proprietary Web | MT4, MT5, Proprietary Web |
Forex.com is the better choice overall, scoring 4.4/5 vs 4.1/5 on BrokerRank's independent rating. On fees, FxPro offers lower spreads (0.6 pips).
See full side-by-side comparison belowForex.com
WinnerFxPro
Forex.com
FxPro
Lower feesForex.com, established in 1999 and headquartered in Bedminster, USA, holds a strong regulatory framework. It is regulated by multiple authorities including the Financial Conduct Authority (FCA), Commodity Futures Trading Commission (CFTC), Australian Securities and Investments Commission (ASIC), and Monetary Authority of Singapore (MAS). Being part of the StoneX Group, a publicly listed company, further enhances its credibility. Clients benefit from robust fund protection schemes and are assured of high safety standards.
FxPro, founded in 2006 with its headquarters in London, UK, is regulated by the FCA, Cyprus Securities and Exchange Commission (CySEC), and ASIC. FxPro's reputation for safety is bolstered by its FCA regulation, which is synonymous with stringent oversight. The broker offers negative balance protection, ensuring client funds are safeguarded against volatile market conditions. Both brokers provide strong regulatory assurances, but Forex.com’s wider global reach in regulation is a notable advantage.
Forex.com offers spreads starting from 0.8 pips with zero commission, suitable for traders seeking a straightforward fee structure. The minimum deposit requirement is $100, and while there are no commissions, traders should be mindful of the inactivity fee. Forex.com’s spreads are slightly wider than those of ECN brokers, but it compensates with extensive market research tools.
FxPro provides competitive spreads starting from 0.6 pips and also charges no commission, aligning with traders looking for low-cost trading. The minimum deposit mirrors Forex.com at $100. However, FxPro has higher spreads on standard accounts compared to its ECN counterparts. While both brokers have similar minimum deposit requirements, FxPro’s lower starting spreads give it a slight edge in terms of cost-effectiveness.
Forex.com and FxPro both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), alongside their proprietary web and mobile platforms. Forex.com’s proprietary platforms offer extensive market research features, which can be advantageous for traders who rely heavily on analytics. FxPro’s proprietary platform is well-regarded for its no dealing desk execution and user-friendly interface. Both brokers provide robust trading environments, but Forex.com’s emphasis on research tools is a key differentiator.
For beginners, FxPro is the better choice due to its lower starting spreads. For professional traders, Forex.com offers a more comprehensive suite of research tools. In terms of fees, FxPro edges out with its slightly lower spreads.
Forex.com
4.4/5
Choose Forex.com if you want…
FxPro
4.1/5
Choose FxPro if you want…
Forex.com scores higher overall on our independent rating system. Forex.com holds a 4.4/5 rating vs FxPro's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Forex.com offers spreads from 0.8 pips, while FxPro starts at 0.6 pips. Check the fees section above for a full breakdown.
Forex.com requires a minimum deposit of $100. FxPro requires $100.
Forex.com is regulated by FCA, CFTC, ASIC, MAS, while FxPro holds licences from FCA, CySEC, ASIC.
Forex.com supports MT4, MT5, Proprietary Web, Proprietary Mobile. FxPro supports MT4, MT5, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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