FxPro
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74.46% of retail CFD accounts lose money.

Vs.

ETX Capital
Visit

73.85% of retail CFD accounts lose money.

FxPro Vs. ETX Capital - Compare and Choose the Right One

Updated Jul 12 2022

Visit

74.46% of retail CFD accounts lose money.

Visit

73.85% of retail CFD accounts lose money.

Overview

FxPro is a regulated global brokerage firm offering a vast array of tradable instruments including CFDs on FX, Stocks, Crypto, Commodities, Indices, Energies and Futures.

Founded in 1965, ETX Capital dedicated the last decades to both spread betting and CFD trading until their recent rebranding into OvalX.

Best For
  • Experienced traders looking for platform and accounts variety
  • FX Traders looking for deep liquidity and fast execution under 14 ms
  • Forex traders for variety of currencies and high net worth equities
  • Traders seeking commission free equities inside their 250 commission-less selection
  • Traders who want to trade commodity futures and bonds 
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

3

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • ASIC (Australia)
  • SCB (Bahamas)
  • FSCA (South Africa)
  • FCA (UK)
  • FSCA (South Africa)
  • CySec (Cyprus)
The Good
  • Moderate asset offering (around 2,500+ instruments)
  • Great plafform variety (FxPro Edge CFD, MetaTrader 4 & 5, cTrader)
  • Commission-free trades for 250 equities
  • Low minimum deposit to open standard account (100£)
  • Wide selection of commodity futures and bonds
  • Decent educational material for market research, including seminars on indices, commodities and currencies
The Bad
  • No real stocks or ETFs
  • Proprietary platform is not user friendly
  • Doesn’t provide live news feed on standard account
  • No ability to purchase real stocks or ETFs (All assets are CFDs)
  • Expensive commissions on shares (Eg minimum $15 on US shares, 10 € on EU shares)
Status
Operational Inactive
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity documents (Passport, ID card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder’s name.

📍 Year Founded
2006 1965
💳 Minimum Deposit
€, £, $ - 100 $, €, £ - 100 (Standard) and 10,000 (Premium)
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Paypal
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • UnionPay
  • Bank Transfer
💵 Account Base Currencies
8 - EUR, GBP, USD, CHF, PLN, AUD, JPY, ZAR. 3 - EUR, USD, GBP
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, IR. US, BE, CN, SG, CH
📊 STP Account
No No
📊 DMA Account
Yes No
📊 ECN Account
No No
Assets
📚 Available Assets

CFDs on stocks, currencies, commodities, cryptocurrencies and indices

  • CFDs on currencies, bonds, indices, shares, ETFs, commodities and cryptocurrencies.
  • 📙 Stocks
    2,100+ 5,000 CFDs (250 are commission free)
    📘 Currency Pairs
    70 60
    📗 Commodities
    11 17
    📕 Indices
    29 20
    📔 ETFs
    N/A 19
    💸 Cryptocurrencies
    30 5
    📒 Bonds
    N/A 8
    📓 Options
    N/A N/A
    📗 Futures
    21 45
    📝 Notes:
    All of FXPro's assets are CFDs.

    ETX Capital offers CFDs, spread betting and futures.

    Trading Experience
    📈 Minimum Stock Trade Size
    $1,000 (0.01 Lots) 1 Share
    📉 Minimum ETFs Trade Size
    N/A 1 ETF
    📈 Minimum Crypto Trade Size
    $1,000 (0.01 Lots) Varies by Cryptocurrency (Eg: 0.01 BTC)
    📉 Minimum FX Trade Size
    $1,000 (0.01 Lots) $1,000 (0.01 lots)
    📈 Minimum Commodities Trade Size
    $1,000 (0.01 Lots) Varies per commodity (Eg 0.1 for WTI, 1 for Cotton)
    📉 Minimum Bonds Trade Size
    N/A 1 unit
    📈 Minimum Futures Trade Size
    $1,000 (0.01 Lots) Varies per futures contract (Eg: 0.1 Copper, 1 for Bonds)
    📉 Minimum Options Trade Size
    N/A N/A
    💪 Retail Leverage
    Up to 1:30 Up to 1:30
    💪 Professional Leverage
    Up to 1:500 Up to 1:500
    ✍ Customisable Leverage
    No No
    🎲 Deleveraged Trading
    No No
    🎓 Demo Account
    Yes Yes
    📱 IOS App
    Yes Yes
    📱 Android App
    Yes Yes
    📺 MetaTrader 4
    Yes Yes
    📺 MetaTrader 5
    Yes No
    💻 Web trader
    Yes Yes
    💻 TradingView Platform
    No No
    💻 Proprietary Platform
    Yes Yes
    📊 Multi-chart Tools
    Yes Yes
    👬 Copy Trading
    No Yes
    👫 Social Trading
    No Yes
    🔑 Guaranteed Stop-loss
    No No
    🔨 Trailing Stop-loss
    Yes Yes
    Fees
    💰 Inactivity Fee

    $15 after 12 months of inactivity plus $5 monthly thereafter

    No
    💰 Deposit Fees
    No No
    💰 Withdrawal Fees
    No No
    💰 Commissions

    No commissions on MT4 & 5 ($45 per $1million USD traded on cTrader

    Yes, depending on asset class. (Eg: U.S shares have a 2 cents per share charge with a minimum of $15 per order, European shares have a 0.1% of transaction value charge with a minimum 10 € charge)

    Spreads
    📈 EUR/USD
    Dynamic - From 1.2 Pips Dynamic - From 0.6 Pips
    📉 SP500
    Dynamic - From 60 Pips Dynamic - From 60 Pips
    📈 GOLD
    Dynamic - From 24 Pips Dynamic - From 60 Pips
    📉 TSLA (Stock CFD)
    Dynamic - From $2.82 Dynamic - From $13
    📈 XLK (ETF - CFD)
    N/A N/A
    📉 BTC
    Dynamic - From $88 Dynamic - Eg. $226.4
    Research and Analysis
    ⭐ Watchlists
    No Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes No
    📜 Integrated Newsfeed
    No No
    📡 Reuters Feed
    No No