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FxPro regulation & licences

Forex & CFD broker Founded 2006 🇨🇾 Cyprus

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Our take

FxPro was founded in 2006 and holds licences from the FCA, CySEC, the FSCA and the Securities Commission of The Bahamas, plus the Seychelles FSA. It offers MT4, MT5, cTrader and its own platform.

Best suited to: Traders who want a choice of four platforms with UK/EU oversight

Licences on record 5

1 Tier 1 — top-tier regulation

FCAFinancial Conduct Authority🇬🇧 United Kingdom
FRN 509956Reported reference — verify
Compensation: FSCS — up to £85,000 per eligible client per firmNegative balance protection: Required for retail clients

2 Tier 2 — strong regulation

CySECCyprus Securities and Exchange Commission🇨🇾 Cyprus
Licence 078/07Reported reference — verify
Compensation: Investor Compensation Fund (ICF) — up to €20,000Negative balance protection: Required for retail clients
FSCAFinancial Sector Conduct Authority🇿🇦 South Africa
FSP 45052Reported reference — verify
Compensation: No compensation scheme; FAIS Ombud handles complaintsNegative balance protection: Not a regulatory requirement

3 Tier 3 — moderate regulation

SCBSecurities Commission of The Bahamas🇧🇸 Bahamas
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

4 Tier 4 — light / offshore

FSA (Seychelles)Financial Services Authority Seychelles🇸🇨 Seychelles
Reference: check the register
Compensation: No compensation schemeNegative balance protection: Not a regulatory requirement

Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.

Regulatory profile

FxPro is a forex & CFD broker founded in 2006 and headquartered in Cyprus.

In our database FxPro is matched to 5 licences from FCA, CySEC, FSCA, SCB and FSA (Seychelles). The strongest of these, the FCA (United Kingdom) is among the regulators we classify as tier 1 — bodies with strict capital, client-money and conduct rules.

Be aware that a single FxPro website can front several legal entities. Its FCA and CySEC-regulated companies serve local residents, while international clients are frequently handled by entities supervised by SCB and FSA (Seychelles), which offer much weaker safeguards.

Depending on the entity, eligible clients may be covered by FSCS (FCA) and Investor Compensation Fund (ICF) (CySEC). Negative balance protection is mandatory for retail clients under FCA and CySEC rules. Retail leverage caps apply at the FCA and CySEC-regulated entities (for example 30:1 on major FX pairs at FCA).

FxPro supports MT4, MT5, cTrader and its own proprietary platform. The advertised minimum deposit starts from about US$100 — minimums often vary by account type and entity.

Regulatory strengths

  • FCA and CySEC licensed
  • Four platform choices

Points to check

  • International clients served via Bahamas/Seychelles

Protection by entity

RegulatorCompensationRetail leverageNegative balance protectionDisputes
1 FCAFSCS — up to £85,000 per eligible client per firm30:1 on major FX pairs for retail clients (20:1 minors, gold and major indices)Required for retail clientsFinancial Ombudsman Service (FOS)
2 CySECInvestor Compensation Fund (ICF) — up to €20,00030:1 on major FX pairs (ESMA rules)Required for retail clientsFinancial Ombudsman of Cyprus
2 FSCANo compensation scheme; FAIS Ombud handles complaintsNo statutory retail leverage capNot a regulatory requirementFAIS Ombud
3 SCBNo compensation schemeNo statutory capNot a regulatory requirementSCB
4 FSA (Seychelles)No compensation schemeNo statutory capNot a regulatory requirementFSA Seychelles

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FxPro regulation FAQ

Is FxPro regulated?

Yes — in our database FxPro is matched to 5 licences: FCA (United Kingdom), CySEC (Cyprus), FSCA (South Africa), SCB (Bahamas) and FSA (Seychelles) (Seychelles). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.

Is FxPro a tier-1 regulated broker?

FxPro holds 1 licence from regulators we classify as tier 1: FCA.

Does FxPro accept US clients?

FxPro is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so FxPro generally cannot accept US retail forex clients.

Is my money protected with FxPro?

Clients of FxPro's FCA and CySEC-regulated entities may be eligible for statutory compensation (FSCS — up to £85,000 per eligible client per firm; Investor Compensation Fund (ICF) — up to €20,000). Clients of other entities rely on segregation of funds and the firm's financial strength.

What is the minimum deposit at FxPro?

FxPro's advertised minimum deposit starts from about US$100. It can differ by account type, payment method and the entity you are onboarded to.

How can I verify FxPro's licence?

Find the company name and licence number in FxPro's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.