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Check a broker's licence before you fund an account

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Overview and scores

Score breakdown, from the record published by our research hub

View score breakdown and radar
4.4 out of 5Published score
Licence and oversight
5
Getting money in and out
4
What a trade costs
4
What you can trade
4
Desktop and web platform
5
Trading from a phone
4.5

Overview and scores: Licence and oversight 5/5, Getting money in and out 4/5, What a trade costs 4/5, What you can trade 4/5, Desktop and web platform 5/5, Trading from a phone 4.5/5

How we assess brokers

Published scores and facts come from traderpublic's research-hub record. A Checked date records when the cited field source was read; it does not verify a regulatory registration. Sections without published data are omitted. Missing fields in a partly populated section stay marked as not checked.

Source-record highlights

Key points from the published source article

  • The broker is authorised by the Financial Conduct Authority, the UK regulator for financial services firms, under licence number 509956, listed as authorised.
  • The broker is authorised by CySEC, the Cyprus Securities and Exchange Commission for investment firms, under licence number 078/07, listed as authorised.

Commissions and fees

Checked 25 Sept 2026

Trading costs

Account typeInstrumentSpread fromSpread avg
Standard (MT4/MT5)FX majors1.2 pipsNot checked yet
Standard (MT4/MT5)Gold0.25 priceNot checked yet
Standard (MT4/MT5)Bitcoin15 priceNot checked yet
Raw+ (MT4/MT5)FX majors0 pipsNot checked yet
Raw+ (MT4/MT5)Gold0.1 priceNot checked yet
Raw+ (MT4/MT5)Bitcoin0 priceNot checked yet
Elite (MT4/MT5)FX majors0 pipsNot checked yet
Account typeCommission
Standard (MT4/MT5)Free
Raw+ (MT4/MT5)$7
Elite (MT4/MT5)$7

source Β· read on 25 Sept 2026

General example β€” not FxPro Global Markets Limited's dataWhat the common trading costs mean

Spread
The gap between the buy and the sell price; a cost built into the price of every trade.
Commission
A separate fee per trade, often charged on accounts with narrower spreads.
Overnight (swap) fee
A charge or credit when you hold a position overnight, based on the interest-rate difference of the instrument.
Deposit, withdrawal and inactivity fees
Costs outside trading, which may apply when you move money in or out, or when an account sits unused for a long time.
Comparing total cost
Add up the spread, commission and swap for the way you actually trade, and compare them on the same instrument and position size at each broker.

Regulation and security

Registration details

Checked 25 Sept 2026
RegulatorJurisdictionLicenceStandingLast verifiedRegister
CySECCY078/07authorised2 Sept 2026Open register
FCAGB509956authorised2 Sept 2026Open register

Leverage limits

RegulatorJurisdictionRetail maxProfessional max
SCBBS1:2001:10000

source Β· read on 25 Sept 2026

Security factors

Investor compensation scheme
Not checked yet
Two-step login
Yes

source Β· read on 25 Sept 2026

General example β€” not FxPro Global Markets Limited's dataHow to read a broker's safety information

Checking a licence
Search for the company in the public register on the regulator's own website, and check that the company name, licence number and website match what the broker shows.
Segregated client funds
Client money is held in accounts separate from the company's own money, so it is not used to run the business.
Negative balance protection
Protection that stops an account balance going below zero after a sharp price move, so a trader cannot lose more than they deposited.
Investor compensation scheme
A fund in some jurisdictions that pays clients back, up to a set limit, if a licensed firm fails and cannot return their money.

Whether this broker has these is shown in the fields above and the conditions list below once our desk has checked.

What the desk checked

  • Swap-free accountofferedOffered on request via the Back Office; fees may apply once positions on certain instruments stay open a set number of days.source Β· read on 16 Sept 2026
  • Islamic accountnot checked
  • Negative balance protectionofferedStated in the Client Agreement; clients may never lose more than their total deposits.source Β· read on 16 Sept 2026
  • Segregated client fundsofferedHeld in separate bank accounts with named custodian banks.source Β· read on 16 Sept 2026
  • No deposit feeofferedThird-party or bank fees may still apply.source Β· read on 16 Sept 2026
  • No withdrawal feeofferedE-wallet withdrawals can carry a fee if no trading took place.source Β· read on 16 Sept 2026
  • Cent accountnot checked
  • 24/7 supportnot offeredFxPro publishes 24/5 weekday support hours, not 24/7.source Β· read on 16 Sept 2026
  • Thai-language supportnot checked

Account types

Checked 25 Sept 2026
Account typeMin depositBase currenciesExecution
Standard (MT4/MT5) StandardNot checked yetNot checked yetNot checked yet
Raw+ (MT4/MT5) Raw/ECNNot checked yetNot checked yetNot checked yet
Elite (MT4/MT5) ProNot checked yetNot checked yetNot checked yet
cTrader Account OtherNot checked yetNot checked yetNot checked yet

source Β· read on 25 Sept 2026

Deposit methods

MethodSupported currenciesDeposit feeWithdrawal feeDeposit timeWithdrawal timeMin amount
CardNot checked yetFreeFree0–1hNot checked yetNot checked yet
Bank transferNot checked yetFreeFree72–120hNot checked yetNot checked yet
E-walletNot checked yetFreeNot checked yet0–1hNot checked yetNot checked yet
Local bank transferNot checked yetFreeNot checked yet0–24hNot checked yetNot checked yet
CryptoNot checked yetFreeNot checked yetNot checked yetNot checked yetNot checked yet

source Β· read on 25 Sept 2026

Opening an account

Step by step

Checked 25 Sept 2026
Identity check time Not checked yetYes (60d) Practice accountUS, IR Restricted countries

source Β· read on 25 Sept 2026

General example β€” not FxPro Global Markets Limited's dataSteps you typically go through when opening an account with a broker

  1. Usually you start by registering with an email address or phone number
  2. Verify your identity with an ID card or passport
  3. Confirm your address with a recent document that shows your name and address
  4. Pick the account type you want
  5. Deposit through a payment method the broker accepts, then install its trading platform or app

Platforms and tools

Checked 25 Sept 2026

Web and desktop

Supported platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView, Proprietary web platform
Expert advisors / automated trading
Yes
Hedging
Not checked yet
Scalping allowed
Not checked yet
One-click trading
Yes
Price alerts
Yes

source Β· read on 25 Sept 2026

Mobile apps

Checked 25 Sept 2026

Mobile app

App for iPhone (iOS)
Yes
App for Android
Yes
Biometric login
Yes
Price alerts
Not checked yet
Deposit/withdraw in the app
Yes
Contact support in the app
Not checked yet

source Β· read on 25 Sept 2026

More broker records from the Hub

Real published records, shown unranked

Frequently asked questions

Our desk has not checked this section yet. Real figures, with their source, replace these once it has.

General example β€” not FxPro Global Markets Limited's dataGeneral questions about choosing and using a broker

What does a licence from a regulator mean, and how can I check it?

It means a financial regulator has authorised the firm to offer its services in that regulator's jurisdiction, and the firm has to follow the regulator's rules. To check, search for the firm's name or licence number in the public register on the regulator's own website, and make sure the company name, website domain and licence status all match.

What is the difference between a spread and a commission?

The spread is the gap between the buy and the sell price, a cost built into the price every time you open a position. A commission is a separate fee charged per trade. Some accounts charge only a spread, others a narrower spread plus a commission, so compare the total of both.

What is a demo account for?

A demo account uses virtual money, so you can learn a platform and try out a way of trading without risking real funds. Results can differ from a live account, where slippage, liquidity and emotions come into play.

What should I check before depositing money?

Check the licence on the regulator's register, read the terms for deposit, withdrawal and inactivity fees, find out whether client money is kept separate from the firm's own funds, and keep in mind that leveraged trading can lose money quickly.

How are withdrawals usually verified?

Brokers usually send a withdrawal back to the method used to deposit, into an account in the trading account holder's own name, and may ask for identity documents or proof that the card or bank account is yours before approving it. How long it takes depends on the method and each broker's terms.

Hub record updated 25 Sept 2026 Β· View source article

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FxPro Global Markets Limited β€” Broker directory | traderpublic