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FxPro Review 2026
India Edition

Everything Indian retail traders need to know before opening an account.

Overall
8.2 / 10
Regulation
★★★★★
Spreads
★★★★☆
Platforms
★★★★★

Affiliate Disclosure: FX Forecast India earns a commission if you open an account via our link. This does not affect our analysis. We only feature regulated brokers that we believe offer genuine value to Indian traders.

Quick Facts
Founded 1998 (25+ years operating)
Regulation FCA (UK) · CySEC (EU) · FSCA (SA) · SCB (Bahamas)
Instruments Forex, CFDs on Indices, Commodities, Crypto, Shares
Platforms MT4 · MT5 · cTrader · FxPro App
Min. Deposit $100 (~₹9,400) for most account types
Spreads (EUR/USD) From 0.0 pips (Raw) · Avg 0.6 pips (Classic)
Leverage for India Up to 1:200 (offshore entity)
INR Deposits Yes — via Netbanking, UPI, cards, wallets
Withdrawal 2–3 business days standard · instant for card reversal

Open an FxPro Account

Regulated broker · Trade USD/INR, Gold, EUR/USD + 2,000 instruments

Start Trading →

Regulation & Safety

FxPro Group holds multiple Tier-1 and Tier-2 licenses: FCA (Financial Conduct Authority, UK), CySEC (Cyprus), and FSCA (South Africa). Indian retail traders typically access FxPro through the SCB-licensed entity (Bahamas), which allows higher leverage but under a lighter regulatory framework.

Client funds are held in segregated accounts, and the company publishes annual financial audits. FxPro has operated continuously since 1998, which is a meaningful track record in the online brokerage space.

Spreads & Costs

FxPro offers two main pricing models:

Classic Account
Commission-free · Spread from 0.6 pips (EUR/USD) · Good for lower-volume traders
Raw Account
Near-zero spread + $3.5/lot commission · Best for active traders · MT5 + cTrader

Gold (XAU/USD) spreads are typically 0.25–0.40 per unit, competitive for the category. INR pairs may carry wider spreads — check current live spreads on the FxPro platform.

Trading Platforms

FxPro supports MT4, MT5, cTrader and its own app. MT5 is recommended for Indian traders who want to trade both forex and commodities (MCX-correlated instruments) from one account.

The FxPro mobile app is polished and widely praised on App Store and Google Play. For desktop, MT5 is the strongest option — it supports one-click trading, full technical analysis suite and EAs (Expert Advisors) for automated strategies.

Pros & Cons for Indian Traders

✓ Pros

✓ FCA-regulated parent entity (top-tier trust)

✓ INR deposits accepted — no currency conversion friction

✓ MT5 + cTrader — professional-grade platforms

✓ 2,000+ instruments including MCX-correlated Gold

✓ 25 years of operating history

✓ Fast account opening (KYC within 24h typically)

✗ Cons

✗ Indian clients on offshore entity (SCB), not FCA directly

✗ Minimum deposit $100 (higher than some local brokers)

✗ USD-base currency; INR accounting requires conversion

✗ No SEBI registration — offshore operation

✗ Customer support primarily in English

Our Verdict for Indian Traders

FxPro is a solid choice for Indian traders who want access to global forex markets with a regulated, well-established broker. It's not the cheapest option, and it doesn't hold a SEBI licence — so it's suited to experienced traders comfortable with offshore accounts.

If you're a beginner, start with a demo account first. FxPro offers unlimited demo trading on MT5, which is a good way to practise USD/INR and Gold strategies before committing real capital.

Open FxPro Account

No minimum commitment · Demo available · INR deposits accepted

Get Started →

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with FxPro. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This review contains affiliate links — we may earn a commission if you open an account.