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FxPro Overview for Philippines
FxPro is a globally recognized forex broker founded in 2006 and headquartered in the UK. With over 15 years of experience, it serves clients from over 170 countries, including the Philippines. The broker is known for its strong regulatory framework (FCA, CySEC) and offers a wide range of trading instruments including forex, indices, commodities, and cryptocurrencies. For Philippines traders, FxPro provides access to major and minor forex pairs, gold, and oil, which are popular among local retail traders. The broker supports multiple trading platforms (MT4, MT5, cTrader) and offers competitive spreads. However, it lacks a local Philippine regulatory license and does not support popular local e-wallets like GCash or PayMaya. Despite this, FxPro remains a solid option for Philippines traders who prioritize security and a global brand over local convenience.
| Detail | Information |
|---|
| Founded | 2006 |
| Headquarters | UK |
| Regulated by | FCA,CySEC,FSCA,SCB |
| Min Deposit | $100 |
| Max Leverage | 500 |
| Platforms | MT4, MT5, cTrader |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
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Regulation & Safety — Is FxPro Safe for Philippines?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Philippines traders
Always verify FxPro's regulation at the official regulator website before depositing.
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Spreads & Trading Costs 2026
Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | 0.45 pips | $3.50 | $3.95 | 1.40 pips |
| XAU/USD | 0.25 pips | $3.50 | $3.75 | 0.35 pips |
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Account Types for Philippines Traders
Standard Account
No Commission
Min Deposit$100
EUR/USD Spreadfrom 1.40 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$100
EUR/USD Spreadfrom 0.45 pips
Commission$3.50
IslamicCheck broker
PlatformsMT4/MT5
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
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Deposits & Withdrawals — Philippines Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
Skrill
Fund via local exchange — transfer
Neteller
Fund via local exchange — transfer
Bank Wire
International transfer (may be restricted locally)
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Philippines deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
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Islamic Account — Philippines Muslim Traders
FxPro offers an Islamic (swap-free) account for Muslim traders in the Philippines who require Sharia-compliant trading. This account does not charge swap or rollover interest on overnight positions, making it suitable for long-term trading. The Islamic account is available for both Standard and Raw account types. There are no hidden fees, but the account may have limited instrument availability (e.g., some indices or crypto may not be swap-free). To apply, simply contact FxPro customer support after registration and request the swap-free option. You will need to provide a valid reason (e.g., Muslim faith) and may be asked for supporting documents like a National ID. The account is genuine and not just a marketing gimmick.
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
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Instruments & Markets in Philippines
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 0.45 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.25 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for Philippines traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Philippines traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Philippines traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — Philippines Review
Support verdict for Philippines
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
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Common Mistakes Philippines Traders Make with FxPro
- Mistake: Not verifying FxPro’s regulation on the FCA or CySEC website. Always check the license numbers (FCA: 509956, CySEC: 078/07) to ensure you are dealing with the regulated entity.
- Mistake: Using Bank Transfer for small deposits — the $100 minimum may be eaten up by transfer fees. Consider using Skrill or USDT for cost-effective deposits.
- Mistake: Assuming the Islamic account is automatically applied — you must request it after registration and provide supporting documents like a National ID.
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FxPro vs Competitors in Philippines
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| FxPro (current) | $100 | 0.45 pips | Yes | No | 3.1 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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Security & Fund Protection — FxPro
Yes
Segregated Funds
Client funds held separately from company funds
Yes
Negative Balance Protection
You cannot lose more than you deposit
Yes
Top-tier Regulation
FCA, ASIC, or equivalent oversight
Fund safety verdict for Philippines traders
FxPro segregates all client funds and is regulated by top-tier authorities.
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FxPro User Reviews & Ratings
CompareBroker Expert Rating
3.1
★★★★★
Based on 50+ data points tested by our team
Independently verified
What traders love
+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support
Common complaints
- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
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FxPro Latest News & Updates 2026
FxPro expands TradingView integration
FxPro has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
FxPro maintains top-tier regulatory status
FxPro continues to hold its regulatory licenses, ensuring client fund protection for Philippines traders.
New instruments added for Philippines traders
FxPro has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is FxPro Worth It for Philippines Traders?
3.1/5
★★★★★
FxPro is a reputable broker that offers a secure trading environment for Philippines traders, thanks to its strong regulatory licenses from the FCA and CySEC. Its low minimum deposit, multiple platform options, and Islamic account make it a versatile choice. However, the lack of local regulation and limited local payment methods (no GCash, PayMaya) are significant drawbacks for many Philippines traders. FxPro is best suited for experienced traders who prioritize regulatory safety and are comfortable using international deposit methods like Skrill or USDT. Beginners may find the broker less accessible due to the absence of copy trading and limited educational resources. If you value security and are willing to forgo local convenience, FxPro is a solid option. Otherwise, consider brokers with local licenses and Philippine-specific payment support.
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FAQ — FxPro for Philippines Traders
Is FxPro safe for Philippines traders?+
How can I deposit money in FxPro from Philippines?+
Does FxPro have Islamic account?+
What is the minimum deposit for FxPro in Philippines?+
What trading platforms does FxPro offer?+
Is FxPro regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
