About Fxpro Online
Company Overview
Fxpro Online is a brokerage entity that was founded on December 12, 2022. According to official records, the company is registered in the United States, though its physical address is listed in the United Kingdom at 128 High St, THREE HOLES, PE14 8DU. The broker operates under the domain fxproonline.net.
Regulatory Status
Our records indicate that Fxpro Online does not hold any regulatory licenses from recognized financial authorities. This lack of regulation is a significant consideration for traders, as it means the broker is not subject to the oversight and investor protection measures that regulated brokers must adhere to.
Account Types and Minimum Deposits
The broker offers four distinct account tiers: BASIC, SILVER, DIAMOND, and VIP. The BASIC account requires a minimum deposit of $200, while the SILVER account starts at $2,000. The DIAMOND account requires a minimum of $5,000, and the VIP account demands a substantial minimum deposit ranging from $10,000 to $20,000. Leverage information is not disclosed for any account type.
Trading Conditions and Instruments
At present, Fxpro Online does not provide any details regarding the tradable instruments it offers, such as forex pairs, commodities, indices, or cryptocurrencies. Similarly, information on trading platforms, spreads, commissions, and execution policies is unavailable. This lack of transparency makes it difficult for potential traders to assess the broker's suitability.
Target Audience
Given the high minimum deposit requirements, particularly for the VIP and DIAMOND accounts, Fxpro Online appears to target high-net-worth individuals or experienced traders. However, the absence of regulatory oversight and limited public information suggest that this broker may not be suitable for risk-averse or novice traders.
Overview compiled by FXCanary from regulatory records and public data. full Fxpro Online review