Alison Heyerdahl
Edited by
Author
Alison Heyerdahl
Edited by
Alison Heyerdahl
Head of Content

Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), and an experienced trader, as well as a financial writer with extensive expertise in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast.

 

Learn more about Alison Heyerdahl
Author
Author
Chris Cammack
Partner Manager and Financial Writer

Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience.

Learn more about Chris Cammack

FOREX.com vs. FxPro

In the fast-paced world of forex trading, choosing the right broker is crucial. FOREX.com and FxPro are two popular options, each with unique strengths and weaknesses. This comparison will dive into the key features of both platforms, helping you decide which one best suits your trading style and goals.

Select Brokers to Compare

Regulation

Regulation
Australian Securities & Investment CommissionCayman Islands Monetary AuthorityCyprus Securities and Exchange CommissionFinancial Conduct Authority
Monetary Authority of Singapore
Cyprus Securities and Exchange CommissionFinancial Sector Conduct Authority
Trading Desk Type
Market Maker
Market Maker NDD
Trading Instruments
Commodities, Cryptocurrencies, Stock CFDs, Forex, Indices, Metals
Cryptocurrencies, Energies, Stock CFDs, Forex, Futures, Indices, Metals

Conditions

Forex Pairs
83
70
Crypto Pairs
11
30
Pros
  • Well regulated with licences from top-tier authorities including the FCA and CFTC
  • Wide range of assets with thousands of tradable markets
  • Comprehensive trading academy with well-structured educational material
  • Well regulated
  • Great platform choice
  • Tight spreads
Cons
  • High inactivity fees - charging $15 monthly after 12 months of no trading activity
  • Limited demo account - typically expiring after 90 days
  • Well regulated
  • Great platform choice
  • Tight spreads
% Lose with this broker
75%
75%
Leverage
200:1
200:1
Spread
0.70 pips
0.40 pips
Hedging
Yes
Yes
Scalping
Yes
Yes
Account Types
Commission, DMA Account, MT4, MT5, Raw Spread, Standard
FxPro cTrader, FxPro MT4, FxPro MT5, Islamic, ProEdge
Islamic Account
Yes
Yes
Trading Platforms
MT4, MT5, FOREX.com Web Trader, TradingView
MT4, MT5, cTrader, FxProEdge
Funding Methods
Bank Transfer, Maestro, Mastercard, Neteller, Skrill, Visa
Bank Transfer, Mastercard, Neteller, Skrill, Unionpay, Visa
Trading Commissions
Fees Included in Spread
9 USD / lot
Min. Deposit
USD 100
USD 100
Trading Cost
USD 8
USD 14
FOREX.com
FxPro
Trust Rating
5
4.5
Trading Conditions
4.5
4.5
Trading Platforms
4.5
5
Deposit & Withdrawal
4.5
5
Assets Available
4
3.5
Education & Research
5
3.5
Customer Service
3.5
4.5
Beginner Friendly
3
4
Analysis Research
5
3
Overall Rating
4.47
/ 5
4.39
/ 5
Save this Comparison

How Do FOREX.com and FxPro Compare?

The radar chart above illustrates the comparison between FOREX.com and FxPro across several key metrics, with the highest possible score being 100 in each category.

Helping You Choose the Right Broker

At FxScouts, our mission is to assist traders in finding the broker that best suits their needs. Comparing brokers side-by-side is an effective method to achieve this goal. We evaluated FOREX.com and FxPro, using our standard criteria: trust and regulation, trading platforms, costs and trading conditions, and educational and market analysis resources.

Trust and Regulation

Trust and regulation are crucial when selecting a Forex broker. A broker’s credibility is largely built on its regulatory status. We spend considerable time verifying the safety of each broker by examining their regulatory licenses. The more top-tier authorities regulating a broker, the higher its trust rating.

In our comparison:

  • FOREX.com holds four Tier 1 and no Tier 2 licences.
  • FxPro holds one Tier 1 and no Tier 2 licences.

Based on these findings, FOREX.com earned a higher trust rating than FxPro.

Is FOREX.com financially regulated?

Yes FOREX.com was founded in 2001 and is regulated by ASIC, CIMA, CySEC, FCA and MAS.

 

Is FxPro financially regulated?

Yes FxPro was founded in 2006 and is regulated by CySEC and FSCA.

 

Trading Costs Comparison

When comparing brokers, trading costs are a significant factor. We consider the minimum deposit required to open an account and ongoing costs, including spreads and commissions. We measure the cost to trade one lot of EUR/USD using the broker’s account with the lowest minimum deposit, including both the spread and any commission charged.

We found that FOREX.com has overall lower trading costs than FxPro.

Top Overall Brokers by Broker Score

Trading Platforms Offered

Trading Platforms Offered Traders prefer brokers that offer a variety of trading platforms. We rate brokers higher if they support multiple platforms like MetaTrader4, MetaTrader5, cTrader, and proprietary platforms.

  • FxPro supports MT4, MT5, cTrader and FxProEdge
  • FOREX.com supports MT4, MT5, FOREX.com Web Trader and TradingView

Copy Trading Availability

Copy trading is beneficial for beginner traders or those unable to trade full-time. In this case both FOREX.com and FxPro offer copy trading.

Range of Trading Instruments

A broader range of CFD instruments provides more trading opportunities. FOREX.com offers a greater variety of instruments compared to FxPro:

  • FOREX.com: 83 Forex pairs.
  • FxPro: 70 Forex pairs.

Cryptocurrency Trading

For those interested in trading cryptocurrencies, FxPro offers 30 cryptocurrencies, while FOREX.com offers 11 cryptocurrencies. Therefore, FxPro is the better choice for cryptocurrency trading.

Deposit and Withdrawal Processes

Traders prefer brokers with quick and cost-effective deposit and withdrawal processes. We favor brokers that process withdrawals within 24 hours using multiple methods without charging fees.We found that FOREX.com charges a withdrawal fee and FxPro does not. Overall, FxPro has better deposit and withdrawal processes than FOREX.com. 

Educational Support?

We often find that brokers offer very little in the way of educational materials, forcing traders to use other third-party sites or self-educate elsewhere. Beginner traders need well-structured, well-presented materials in multiple formats to get a good start at trading. More experienced traders also benefit from webinars led by experts in the field and advanced trading strategy sections with new trading ideas. 

FOREX.com has better educational support than FxPro. Both FOREX.com and FxPro offer educational support for more experienced traders.

Market Analysis Materials

Access to frequent and high-quality market research and analysis is crucial.

We found that FOREX.com offers better research analysis than FxPro and that both FOREX.com and FxPro offer frequent webinars.

Overall Verdict

  • FOREX.com:

    NOTE: FOREX.com does NOT accept clients from India. This review is for information purposes ONLY. Please see some of our top-rated brokers on the Best Brokers page.

    Founded in 2001, Forex.com is a well-regulated broker with excellent education and low fees that is more suited to serious beginners and more experienced traders. Beginners with low minimum deposits may be put off by the relatively high trading costs on Forex.com's entry-level Standard and MetaTrader accounts. But experienced traders will be interested in the RAW Spread Account, with a minimum deposit of 100 USD. This account has some of the most competitive spreads (0.0 pips on the EUR/USD) combined with some of the lowest commissions in the industry. 

    FOREX.com provides support for MT4, MT5, TradingView and its own trading platform and traders will appreciate the range of trading tools on offer, including AI Performance Analytics, Trading Central, and subsidised VPS hosting.  

    Education and market analysis are both excellent and experienced traders will appreciate the wide range of tradable assets, including over 80 currency pairs, 2500 share CFDs, commodities, indices, precious metals, and cryptocurrencies. Overall, FOREX.com ticks all the boxes for those with looking for a wide range of assets and a choice of trading platforms.

  • FxPro:

    Founded in 2006, FxPro is a global CFD broker known for its fast execution, multiple platform choices, and wide range of trading instruments. While the FxPro Group holds licences from respected regulators such as the FCA (UK) and CySEC (Cyprus), traders in India are currently onboarded through FxPro Markets Ltd in Saint Lucia. This offshore setup allows for far more flexible trading conditions — including unlimited leverage on many instruments — but offers none of the investor protections associated with top-tier regulation.

    Indian traders can choose from four account types — MT4/MT5 Standard, MT4/MT5 Raw+, MT4/MT5 Elite, and cTrader — all with competitive pricing and a minimum deposit of just 100 USD. FxPro supports MetaTrader 4, MetaTrader 5, and cTrader across desktop, web, and mobile, with tight spreads starting from 0.0 pips on raw accounts. A comprehensive range of CFDs is available, from major forex pairs and metals to shares, indices, energies, and cryptocurrencies.

    While FxPro’s trading costs and platform choice are attractive, the extreme leverage offered by the Saint Lucia entity — including unlimited on forex majors, gold, bitcoin, and certain indices — can dramatically magnify both gains and losses. Traders should apply strict risk management and consider whether such high leverage suits their trading experience and objectives.

Overall Ratings

  • FOREX.com: 4.47
  • FxPro: 4.39

For more detailed reviews, please read our comprehensive assessments of FOREX.com and FxPro.

XM
AvaTrade
CySEC, ASIC
Regulators
ASIC, FSCA
1000:1
Leverage
400:1
MT4, MT5
Platforms
MT4, MT5
0.6 pips
Min. Spread
0.9 pips
USD 5
Min. Deposit
USD 100
IC Markets
XM
CySEC, FSA-Seychelles
Regulators
CySEC, ASIC
500:1
Leverage
1000:1
MT4, MT5
Platforms
MT4, MT5
0.1 pips
Min. Spread
0.6 pips
USD 200
Min. Deposit
USD 5
FP Markets
Pepperstone
ASIC, FSCA
Regulators
FCA, ASIC
500:1
Leverage
500:1
MT4, MT5
Platforms
MT4, MT5
0.0 pips
Min. Spread
0 pips
USD 100
Min. Deposit
USD 0
XTB
FxPro
CySEC, FCA
Regulators
CySEC, FSCA
500:1
Leverage
200:1
xStation5
Platforms
MT4, MT5
0.8 pips
Min. Spread
0.4 pips
USD 0
Min. Deposit
USD 100
Unbiased Expertise

Independent, in-depth reviews and comparisons of all well regulated Forex brokers, empowering you to make informed choices.

Educational Resources

Comprehensive guides for all levels, from the basics of Forex to advanced strategies tailored for your experience.

Transparent Information

A focus on facts, accuracy, and up-to-date data to give you the insights you need to succeed in your Forex journey.

usp-polygon-left
usp-polygon-right

Best Forex Brokers in India (9)

To find the best forex brokers for Indian traders, we analysed internationally regulated brokers that accept clients from India. Our evaluation considered key factors like top-tier regulation, trading conditions, platform quality, fees, and customer support. We then ranked them by overall score to help traders choose the most suitable option.


Min. Deposit

USD 0
XM
4.45
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Regulated by FCA
No
Licenced by
regulatorregulatorregulatorregulator
Min. Deposit
USD 5
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 6
HFM
4.43
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Regulated by FCA
Yes
Licenced by
regulatorregulatorregulatorregulatorregulator
Min. Deposit
USD 0
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 10
AvaTrade
4.59
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Regulated by FCA
No
Licenced by
regulatorregulatorregulatorregulatorregulatorregulatorregulator
Min. Deposit
USD 100
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 9
IC Markets
4.46
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Regulated by FCA
No
Licenced by
regulatorregulatorregulatorregulator
Min. Deposit
USD 200
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 8
FP Markets
4.60
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Regulated by FCA
No
Licenced by
regulatorregulatorregulatorregulatorregulator
Min. Deposit
USD 100
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 6
Pepperstone
4.71
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Regulated by FCA
Yes
Licenced by
regulatorregulatorregulatorregulatorregulatorregulatorregulator
Min. Deposit
USD 0
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 7
XTB
4.49
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Regulated by FCA
Yes
Licenced by
regulatorregulatorregulatorregulator
Min. Deposit
USD 0
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 7
PU Prime
4.54
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Regulated by FCA
No
Licenced by
regulatorregulatorregulator
Min. Deposit
USD 20
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 13
ACY Securities
4.39
Read Review

Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.

For detailed information about our testing methodology click here.

Regulated by FCA
No
Licenced by
regulatorregulatorregulator
Min. Deposit
USD 50
Cost of Trading
Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission.
USD 10
Listen Now!

Let's Talk Forex with Alison & Chris


Alison and Chris cover a range of topics, including how to choose a Forex broker, safety and regulation, how to reduce your risk, trading psychology, trading platforms, and trading strategies, among others.

The FxScouts podcast helps beginner Forex traders get the best start to their trading careers.