About FPR
Overview
FPR is a retail forex and CFD broker that presents itself as operating under the FCA licence. Our records indicate the broker was founded on 29 April 2020 and is registered in the United Kingdom. The firm's official website is eufxpro.me, and its listed registered address is in Limassol, Cyprus. Despite claiming UK regulation, no regulatory licence from the FCA or any other authority has been verified.
Regulatory Status
One of the most critical factors for any broker is its regulatory oversight. In the case of FPR, our research found no active regulation on file with any known financial authority. This includes the UK's FCA, which the broker mentions in its marketing material. The absence of verifiable regulation is a significant red flag for traders who prioritise safety and recourse.
Company Background and Location
FPR lists a registered address in Cyprus, while claiming headquarters in the United Kingdom. This dual location can be a sign of complex corporate structures often seen in offshore brokers. The company's registration date of April 2020 means it is relatively young, with a limited operational history. Publicly available information about the company's ownership and management is scarce.
Trading Conditions
According to the broker's own statements, it offers forex and CFD trading with a variety of account types and platforms. The specific trading conditions, such as spreads, leverage, and minimum deposits, are not independently confirmed. Given the lack of regulation, there is no external oversight to ensure fairness or transparency.
Deposits and Withdrawals
The broker mentions multiple deposit methods, but details on specific payment options, processing times, and fees are not readily available. The safety of client funds is a concern due to the unregulated status, as there is no guarantee of segregated accounts or compensation schemes.
Risk Assessment
FXCanary's independent risk score for FPR is 75 out of 100, categorised as 'severe'. This score reflects the combination of unverified regulation, relatively short track record, and ambiguous corporate structure. Traders considering this broker should be aware of the heightened risks involved.
Overview compiled by FXCanary from regulatory records and public data. full FPR review