FxPro offers Colombians trading with competitive conditions across several markets. FxPro traders can use educational resources to become successful with many trading products. The broker is renowned for extremely low spreads and swift withdrawal processing.
- Maryke Myburgh
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawels
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Min Deposit
USD 20
Regulators
CySec, FSCA, FCA
Trading Desk
FxPro Trading Platfrom
Crypto
Yes
Total Pairs
300+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Overview
Since its inception in 2006, FxPro has become a well-known forex and CFD broker with clients in over 170 countries. As reviewers, we appreciate their healthy regulatory framework, which has been approved by reputable organizations such as the SCB, FCA, and CySEC.
Their journey has been marked by notable accomplishments, such as fulfilling over 635 million orders and assisting renowned organizations such as the McLaren F1 team.
We believe that FxPro’s unwavering commitment to transparency and technological innovation sets them apart. They provide a variety of platforms that are tailored to the specific needs of each trader, and their order execution is excellent.
There is something for everyone in their diverse trading portfolio, which includes indices and forex. Furthermore, their educational resources are an excellent way for beginners to learn about the thrilling world of trading.
FxPro’s combination of cutting-edge technology, superior regulatory compliance, and local support makes it an attractive option for Colombian traders of all experience levels.
Their remarkable accumulation of over 100 awards attests to their success.
FxPro appears to be a solid option for our Colombian audience. They thoroughly understand the Colombian market and offer specialized services, such as alternatives in a language Colombians understand.
Has FxPro ever won any awards as a financial broker?
Yes, FxPro has won numerous awards as a broker since 2006, when it was established.
What features can I look forward to if I start trading with FxPro?
With FxPro, you can look forward to rapid order execution, ultra-low spreads, and convenient trading platforms, whether an expert or a novice trader.
FxPro Review At a Glance
| 🗓Established Year | 2006 |
| 🪪Regulation and Licenses | FCA, CySEC, SCB, FSCA, FSC |
| 🌟Ease of Use Rating | 4/5 |
| 💰Bonuses | None |
| ⏰Support Hours | 24/5 |
| 📊Trading Platforms | FxPro Platform, MetaTrader 4, MetaTrader 5, cTrader, FxPro App |
| 📈Account Types | Standard, Pro, Raw+, Elite |
| 💸Base Currencies | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR |
| 📊Spreads | From 0.0 pips |
| 📈Leverage | 1:500 |
| 💳Currency Pairs | 70; major, minor, exotic pairs |
| 💰Minimum Deposit | 386,000 COP ($100) |
| 💸Inactivity Fee | None |
| 🗣Website Languages | English, Spanish, French, German, Italian, Polish, Czech, Hungarian, Swedish, Bulgarian, Finnish, Lithuanian, Danish, Croatian, Estonian, Norwegian, Romanian, Russian, Dutch, Portuguese, Indonesian, Malay, Vietnamese, Thai, Arabic, Colombian, Chinese (Simplified), Chinese (Traditional), Mongolian, Japanese |
| ⚖️Fees and Commissions | Spreads from 0.0 pips, commissions from $7 per round turn on Forex |
| 📚Affiliate Program | Yes |
| 🏛️Banned Countries | The United States, Canada, Iran |
| 💻Scalping | Yes |
| 🔎Hedging | Yes |
| ✴️Trading Instruments | Forex, futures, indices, shares, metals, energies, crypto CFDs |
| 👉 Open Account | Open Account |
Regulation and Safety of Funds
FxPro is not regulated by Colombia’s Superintendencia Financiera de Colombia or “SFC” (Financial Superintendence of Colombia); however, FxPro’s global regulations are listed in the table below:
FxPro Global Regulations
| 🏛️Registered Entity | 🌎Country of Registration | 🔎Regulatory Entity | 📈Tier | 🪪License Number/Ref | |
| FxPro UK Limited | United Kingdom | 06925128 | FCA | 1 | 509956 |
| FxPro Financial Services Limited | Cyprus | HE 181344 | CySEC | 2 | 078/07 |
| FxPro Global Markets Limited | The Bahamas | – | SCB | 3 | SIA-F184 |
| FxPro Financial Services Limited | South Africa | HE181344 | FSCA | 2 | FSP 45052 |
| Prime Ash Capital Limited T/A FxPro | Mauritius | – | FSC | 3 | GB21026568 |
FxPro Protection of Client Funds
| 🛡️Security Measure | 🖺Information |
| Segregated Accounts | Yes |
| Compensation Fund Member | Yes, ICF |
| Compensation Amount | 20,000 EUR |
| SSL Certificate | Yes |
| 2FA (Where Applicable) | Yes |
| Privacy Policy in Place | Yes |
| Risk Warning Provided | Yes |
| Negative Balance Protection | Yes |
| Guaranteed Stop-Loss Orders | No |
By how many financial watchdogs are FxPro regulated?
FxPro is regulated by at least 5 regulatory authorities, namely FCA, CySEC, SCB, FSCA, and FSC.
Does FxPro provide negative balance protection to keep traders’ accounts with a positive balance?
Yes, FxPro applies negative balance protection to their trading clients’ accounts.
FxPro Awards and Recognition
We reviewed the entire FxPro website to determine what benefits it provides and how it differs from other brokers. Among the most notable features we discovered are the awards the broker has received, which include recognition for the following:
- Best FX Service Provider by the City of London Wealth Management Awards (COLWMA).
- The Best CFD Provider in 2024 was also awarded to FxPro by the City of London Wealth Management Awards.
- Most Innovative Trading Platform MENA in 2023 in Dubai in the UAE.
- Online Money Awards FX168 named it the Best Forex Provider in 2022.
- Professional Trader Award in 2022 due to its commitment to corporate social responsibility.
- Ultimate Fintech Awards’ Best Broker in 2021 (UK) title.
FxPro Account Types and Features
| Standard | Raw+ | Elite | |
| ⚖️Availability | All; suitable for casual traders | All; suitable for cost-effective, fast-paced trading | All; suitable for scalpers, day, and algorithmic traders |
| 📈Markets | All | All | All |
| 💳Commissions | None; only the spread is charged | $3.5 per side, $7 per round turn | $3.5 per side, $7 per round turn |
| 💻Platforms | All | All | All |
| 📊Trade Size | 0.01 lots – unlimited | 0.01 lots – unlimited | 0.01 lots – unlimited |
| 📈Leverage | 1:500 | 1:500 | 1:500 |
| 💰Minimum Deposit | 386,000 COP ($100) | 3.8 million COP ($1,000) | 115.7 million COP ($30,000) over 2 months |
FxPro Standard Account
According to our research, Colombian traders should consider the FxPro Standard Account for a comprehensive, user-friendly trading platform.
The Standard Account’s spreads cover all costs and have no hidden commissions; they start at 1.2 pip. It is thus an excellent choice for Colombians who prefer a simple pricing structure.
Traders can effectively reduce risk using the account’s micro-lot trading (0.01 lots) and leverage up to 1:500.
Furthermore, we discovered that the account is compatible with the FxPro App, MetaTrader 4, and MetaTrader 5, giving Colombians access to powerful features and tools for a smooth trading experience.
With a minimum deposit of 386,000 COP ($100), this account is open to a wide range of traders, from beginners to seasoned veterans.
FxPro Raw+ Account
Our research shows that the FxPro Raw+ Account is the most cost-effective option for Colombian traders who value quick execution and low spreads.
To open this account, you must deposit at least 3.8 million COP ($1,000). This account has raw spreads as low as 0.0 pips and charges $3.5 per trade for each lot.
This pricing model will be especially useful for high-frequency traders and scalpers who want to reduce transaction costs. Because of its almost instantaneous execution and minimal slippage, the Raw+ Account is ideal for traders who trade frequently or in large volumes.
This account category allows trading professionals to take advantage of the best market conditions while providing access to sophisticated tools and capabilities on the MetaTrader and FxPro platforms.
FxPro Elite Account
Colombians can open an Elite account for the best pricing and liquidity, with raw spreads as low as 0 pips and a cost of $3.5 per side and lot.
This account’s high minimum deposit requirement of 115.7 million COP ($30,000) spread over two months suggests it is intended for experienced traders with significant trading capital.
This account type is intended to provide quick execution times and large liquidity to accommodate high trading activity. The Elite Account provides up to 1:500 leverage and can be accessed via the MT4 platform for micro-lot trading.
We believe this account type will benefit Colombians looking for trading solutions. For experienced Colombian traders seeking trading conditions comparable to those of institutions, the FxPro Elite Account is the best option, consistently delivering excellent performance and dependability.
FxPro Demo Account
The FxPro demo account is more than just a free service; it is a virtual trading platform with $100,000 in simulated funds. This account allows you to experiment with a wide range of markets and strategies without taking any risks.
Whether you are a novice trader just getting started or an experienced trader looking to improve your techniques, the demo account provides a safe environment to practice your trading skills.
Whether you are a novice trader just getting started or an experienced trader looking to improve your techniques, the demo account provides a safe environment to practice your trading skills.
You can use any account type (Standard, Raw+, or Elite) on cTrader, MetaTrader 4, MetaTrader 5, or the FxPro platform.
Even better, this virtual trading experience is not time-limited, giving you plenty of time to practice before transferring to a live account.
FxPro Islamic Account
This account eliminates swaps and interest on overnight positions, ensuring your trading activities are consistent with your religious beliefs.
FxPro’s Islamic account is an excellent example of inclusivity for Colombian traders seeking a suitable trading environment.
But FxPro prioritizes fairness over compliance, so these accounts provide equal opportunities. Regardless of your experience level, you can successfully navigate the financial markets using the Islamic option, available on all platforms and account types.
What are the spreads and commissions on the FxPro Raw+ account?
The Raw+ account of FxPro spreads as low as 0.0 pips and charges $3.5 per trade for each lot.
Who should consider opening the FxPro Elite account?
The FxPro Elite account is ideal to be used by experienced Colombian traders seeking trading conditions comparable to those of institutions, as it has a very high minimum deposit requirement of 115.7 million COP ($30,000) which can be paid over 2 months.
FxPro Account Registration
We found that registering an account with FxPro is extremely easy, and here are the steps we followed:
Step 1 – Visit the official FxPro website (www.fxpro.com) and find the ‘Register’ icon.
Step 2 – Provide your personal information, such as your full name, email address, phone number, and country of residence. Ensure that the information aligns with your identification documents.
Step 3 – Once you’ve completed your registration form, FxPro will promptly send you a confirmation email. Click on the link provided in the email to verify your email address and activate your account. After verifying your email, you can log in to FxPro Direct with the email and password you provided during registration.
You must upload a scanned copy of your identification document (passport or national ID card) and proof of your current address (utility bill or bank statement) to meet the necessary regulatory obligations. You have the option to complete this step either immediately or at a later time using FxPro Direct.
Can traders first practice on a demo account with FxPro?
Yes, traders can open a demo account and get $100,000 in virtual funds from FxPro to practice with.
As FxPro does not offer COP as the base currency for my account, what should I do?
As COP is not accepted as the base currency for your account, you will probably pay conversion fees to have it converted to an accepted currency.
FxPro Broker Comparison
| 🥇 FxPro | 🥇 CMTrading | 🥇 AvaTrade | |
| 🗺️ Regulatation | FCA, CySEC, SCB, FSCA, FSC | FSA, FSCA | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC |
| 💻 Trading Platform | MetaTrader 4 MetaTrader 5 cTrader FxPro App | MetaTrader 4 CMTrading Web CopyKat | AvaTradeGO AvaOptions AvaSocial MetaTrader 4 MetaTrader 5 DupliTrade ZuluTrade |
| 💰 Withdrawal fee | No | Yes | No |
| 💳 Demo Trading Account | Yes | Yes | Yes |
| 💰 Minimum Deposit | 386,000 COP ($100) | 386,000 COP ($100) | 386,000 COP ($100) |
| 📊 Leverage | 1:500 | 1:200 | 1:30 (Retail 1:400 (Pro) |
| 💰 Spreads | 0.0 pips EUR/USD | From 0.9 pips | Fixed, from 0.9 pips |
| 🚀 Commissions | $3.5 per side | None; only the spread is charged | None; only the spread is charged |
| 📊 Margin Call/Stop out | 100%/50% | From 20% | 25% – 50% (M) 10% (S/O) |
| 📊Order Execution | Market | Market | Instant |
| ❌No-Deposit Bonus | No | No | No |
| 🪙Cent Accounts | No | No | No |
| 📒 Account Types | Standard Account Pro Account Raw+ Account ECN Account | Bronze Account Silver Account Gold Account Premium Account | Standard Live Account Professional Account Option |
| 🏛️Colombia CMF Regulation | No | No | No |
| 💰COP Deposits | No | No | No |
| 💻COP Account | No | No | No |
| 📞Customer Service Hours | 24/5 | 24/5 | 24/5 |
| 💳Retail Investor Accounts | 4 | 4 | 1 |
| ☪️Islamic Account | Yes | Yes | Yes |
| 💰Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 pips |
| 💸Maximum Trade Size | Unlimited | Unknown | Unlimited |
| ⏰Minimum Withdrawal Time | 1 business day | Instant | 24 to 48 Hours |
| ⏲️Maximum Estimated Withdrawal Time | 7 business days | Up to 3 working days | Up to 10 days |
| 💳Instant Deposits and Instant Withdrawals? | Yes, Deposits | Yes, deposits and withdrawals | No |
| 👉Open Account | Open Account | Open Account | Open Account |
FxPro Trading Platforms
MetaTrader 4
We concluded that FxPro’s MetaTrader 4 (MT4) platform is a reliable and adaptable tool that can help Colombian traders.
The platform includes proprietary technical analysis indicators and works seamlessly with Trading Central’s tools. These indicators are extremely useful for traders looking to maximize profits and identify potential opportunities.
Furthermore, the platform supports the MQL4 coding language, allowing you to add custom indicators and Expert Advisors (EAs) to customize the interface.
This feature is especially beneficial to traders who prefer custom trading plans. Furthermore, the platform is Mac and Windows compatible, making it more accessible to a broader range of traders and solidifying its reputation as a trustworthy option for Colombian traders.
MetaTrader 5
MetaTrader 5 is the next-generation platform with far more advanced tools and features. For Colombian traders looking to stay ahead of the competition, MT5 is an attractive option.
FxPro’s MT5 platform provides Colombians with depth of market (DOM) data, an economic calendar, and a variety of timeframes. This extensive set of tools enables a thorough market analysis.
We were particularly impressed by the platform’s ability to manage multiple asset classes, including stocks and futures, making it a viable option for diversified portfolios in Colombia.
cTrader
When we tested cTrader with FxPro, we were immediately impressed by the platform’s cutting-edge interface and how it simplified our trading activities.
The platform’s impressive algorithmic trading capabilities enabled us to implement complex strategies that will appeal to tech-savvy Colombian traders.
Traders in volatile markets must have access to platforms such as cTrader, which offer clear pricing and quick trade execution. This is especially important given how volatile Colombian markets can be.
We found the platform’s sophisticated charting tools and extensive indicator library extremely useful in performing in-depth technical analyses.
FxPro App
We discovered that the FxPro App is a dependable resource for Colombian traders frequently away from their desktop terminals. The app’s personalized real-time market news feed provides traders with timely updates that may impact both global indices and the Colombian peso.
We were impressed by the flawless user interface, which enables easy navigation and trade completion with a few taps.
This can be extremely timesaving, especially during a busy trading day. Traders can transfer money instantly thanks to the app’s seamless integration with FxPro’s wallet feature, making it ideal for effectively managing capital in a high-speed trading environment.
FxPro Trading Platform
According to our findings, Colombian CFD traders strongly recommend the FxPro Trading Platform due to its client-centric design.
We discovered that the online platform goes above and beyond by offering a personalized interface, powerful trading widgets, and a variety of technical indicators, catering to both new and experienced Colombian traders.
The FxPro platform allows users to handle funds, execute transactions, and manage accounts all from a single application, making the trading process easier.
This platform gives Colombians access to a variety of CFD markets, such as forex, stocks, indices, metals, energy, and futures, streamlining their trading process.
Furthermore, FxPro’s market execution is lightning fast with no Dealing Desk interference, ensuring high speed and reliability.
Can you trade stocks and futures with FxPro’s mobile App?
Yes, you can trade all the asset classes with the broker’s mobile app.
Does FxPro’s have its own dedicated platform and what is it called?
Yes, FxPro has its own platform, called the FxPro Trading Platform. It allows you to handle all transactions and manage your accounts to simplify trading.
FxPro Range of Markets
| 🔎Instrument | ⚖️Number of Assets Offered | 📈Max Leverage Offered |
| Forex | 70 | 1:500 |
| Futures | 21 | 1:50 – 1:100 |
| Indices | 19 | 1:50 – 1:200 |
| Shares | 2,000+ | 1:25 |
| Metals | 8 | 1:50 – 1:200 |
| Energies | 3 | 1:200 |
| Cryptocurrency CFDs | 30 | 1:20 |
FxPro Leverage and Margin
We discovered that FxPro provides a variable leverage mechanism that changes depending on the traded instrument and the trader’s experience level.
When we looked closely at FxPro’s leverage and margin offers, we discovered a flexible and customizable system ideal for Colombian traders.
Retail clients, for example, can leverage up to 1:200 on major currency pairs. However, professional clients can receive up to 1:500. Colombians use leverage to take on larger positions, using a dynamic, systematic leverage approach based on their initial investment.
Furthermore, FxPro offers a margin calculator on their website. This tool is extremely useful in assisting Colombian traders to precisely estimate the margin requirements for their transactions, making it easier for them to manage their holdings.
FxPro’s margin call policy ensures that traders are always informed if their account balance falls below the required margin level. This method, in our experience, helps to reduce potential risks.
Can Colombian traders trade shares on FxPro?
Yes, with FxPro, Colombian traders can trade more than 2000 types of shares.
At what type of leverage can Colombian traders trade forex on FxPro?
Colombian traders can trade forex at a maximum leverage of 1:500 with FxPro.
FxPro Fees
We assessed the trading and non-trading fees that Colombians can anticipate from FxPro as part of our thorough review and found the following:
FxPro Spreads
Spreads, or the difference between an instrument’s purchase and sale prices, differ depending on the type of account and the financial product in question, according to FxPro’s pricing methodology.
Using the Standard account as an example spread for Colombian traders starts at 1.2 pip on popular currency pairs like the EUR/USD. On the other hand, spreads on Raw+ and Elite accounts typically begin at 0 pip, but these accounts are subject to commission fees.
FxPro Commissions
FxPro’s commission structure is extremely straightforward. Most instruments in MetaTrader 4 and MetaTrader 5 are commission-free on the Standard account.
That being said, on the Raw+ and Elite accounts, the trader must pay a $3.5 commission per side per trade. Even though these costs may appear insignificant initially, they quickly add up, particularly for regular traders.
FxPro Overnight Fees
Our forex trading experience has taught us that holding positions overnight incurs costs. These expenses are known as swap or rollover fees. The exact amount of these expenses varies according to the instrument and current interest rates.
Thus, Colombian traders must understand these costs, particularly those who prefer to hold positions for long periods.
With the help of the swap calculator on the FxPro platform, traders can quickly ascertain the swap costs associated with a specific transaction. This tool ensures that these fees do not reduce potential earnings and helps manage risk.
FxPro Deposit and Withdrawal Fees
FxPro’s no-fee deposits and withdrawals are a significant benefit for Colombian traders. Colombians should be aware, however, that fees may be incurred when conducting international transactions depending on their bank or payment provider.
FxPro Inactivity Fees
Accounts not used for at least a year will incur a $15 monthly inactivity fee. Depending on the amount of money remaining in the trading account, a minimum payment will be required to cover this fee.
Colombian traders should not be concerned about this. However, traders who take extended breaks from trading should factor this fee into their total expenses when using FxPro.
FxPro Currency Conversion Fees
Currency conversion costs should be considered by Colombian traders dealing in foreign currencies. When Colombians deposit, withdraw, or exchange currencies other than the base currency of their account, these fees apply.
FxPro Deposits and Withdrawals
FxPro offers traders multi-currency deposits and withdrawals. In addition, instant deposits ensure Colombians have quick access to funds to start trading. We explore each option and its features and provide traders with a typical procedure for using each payment category.
| 💳Payment Method | 🌎Country | 🪙Currencies Accepted | ⏰Processing Time |
| Bank Transfers | All | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR | 1 – 7 days |
| Credit/Debit Cards | All | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR | Instant – 1 day |
| Neteller | All | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR | Instant – 1 day |
| PayPal | All | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR | Instant – 1 day |
| Skrill | All | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR | Instant – 1 day |
| UnionPay | All | USD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR | Instant – 1 day |
FxPro Deposits
How to Deposit using Bank Wire Step by Step
- Sign in to FxPro and then select “Deposit Funds.”
- When making deposits, select “Bank Wire.”
- Set your deposit amount and currency.
- First-time users must enter bank information.
- Check that everything is correct before submitting the deposit request.
How to Deposit using Credit or Debit Card Step by Step
- Log in to FxPro to view “Deposit Funds”.
- Choose “Credit/Debit Card”.
- Enter the amount, currency, and card information (card number, expiration date, and CVV code).
- Please review and submit the request.
How to Deposit using e-Wallets or Payment Gateways Step by Step
- Navigate to “Deposit Funds” in FxPro.
- Select an e-wallet or payment gateway.
- Enter the deposit amount and currency, then proceed to deposit.
FxPro Withdrawals
How to Withdraw using Bank Wire Step by Step
- Log in to FxPro and click “Withdraw Funds.”
- Choose “Bank Wire” as your withdrawal method.
- Enter the withdrawal amount, currency, and banking information.
- Check the details and request a withdrawal.
How to Withdraw using Credit or Debit Cards Step by Step
- Navigate to “Withdraw Funds” in FxPro.
- For the withdrawal method, select “Credit/Debit Card.”
- Enter the withdrawal amount and currency, then follow the instructions to complete the process.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
- Navigate to “Withdraw Funds” in FxPro.
- Select your e-wallet or payment gateway for withdrawal.
- Complete the withdrawal procedures as directed.
Can I deposit money with my credit card in my FxPro account?
Yes, you can use your credit card to pay money into your FxPro account.
Why can’t I withdraw funds using another option as the one I deposited with?
For safety reasons and in compliance with anti-money laundering requirements, FxPro requires withdrawals to be made in the same method as deposits.
FxPro Education and Research
| 📅Economic Calendar | Yes |
| ➡️VPS | Yes |
| 📊AutoChartist | No |
| 📈Trading View | Yes |
| 📉Trading Central | Yes |
| 📜Market Analysis | Yes |
| 🖺News Feed | Yes |
| 📹Blog | Yes |
| 📕eBooks | No |
| 🎥Educational Videos | Yes |
| 🗣️Platform Tutorials | Yes |
| 🤳🏻Webinars | No |
| 💻Seminars | No |
| 🗣️Live Support | Yes |
Will I find anything else than some boring videos on the FxPro website to assist me in the learning process?
Yes, if you prefer studying the processes in your own time, you can find and download some eBooks with lots of info on the website.
Can I stay updated about movements in the financial markets when I trade with FxPro?
Yes, you can stay current thanks to an economic calendar and live news feed on the FxPro website.
FxPro Bonuses and Promotions
While exploring the FxPro website, we couldn’t find any mention of bonuses or promotions. However, we did find a lucrative affiliate program, which we’ll discuss in-depth in the next section.
FxPro Affiliate Programs
Based on our review thus far, we can see why Argentinians would want to partner with FxPro. We delved into this program to discover the features and benefits offered to potential regional partners.
Features
According to our research, the FxPro affiliate program can help traders generate supplemental revenue. As a FxPro Introducer, you may be eligible for rebates based on your clients’ trading volumes.
FxPro may pay up to 55% of a partner’s profits for each active trader they refer, with program flexibility being one of its selling points.
Dedicated Partner Account Managers are available to help partners in Colombia tailor their affiliate strategy to their business objectives. FxPro’s partner portal dashboard provides access to revenue, trading activity, and client management data.
Colombian partners can use the IB link builder to quickly and easily create unique partnership links while gaining access to exclusive promotional content.
To estimate earnings, use a calculator considering a partner’s trading volume and active referral clientele.
FxPro provides a variety of withdrawal methods, allowing partners to easily access their funds to maintain their finances and make additional investments in their business.
The program’s commitment to strong and productive partnerships is evident in its ongoing enhancements and the more than $40 million it has distributed to partners over the last two years.
How to Register an Affiliate Account with FxPro Step-by-Step
Start by entering “https://www.fxpro.com/partners” in your web browser’s address bar and pressing enter. When you navigate to the FxPro Partners page, you will find a comprehensive overview of the partnership programs available at FxPro. You can explore and become acquainted with the various options at your disposal.
Step 1 – To proceed with the affiliate program, find and click on the ‘Become an Affiliate’ button.
You will be directed to the FxPro Affiliate Program page. Here, you’ll discover comprehensive information about the affiliate program like the advantages and commission structures. Carefully review this information to grasp the terms of the program. Once you’ve reviewed the program details, click the ‘Join Now’ button. Clicking on this link will direct you to the affiliate registration form.
Step 2 – When filling out the registration form, you will need to provide a variety of details:
- Enter your name and surname in the designated field.
- Next, enter your email address. Using an email address you can access is important, as FxPro will send a confirmation email to this address.
- You’ll be prompted to create a password for your affiliate account. It is important to create a strong and secure password and remember it for future use.
- The form will also ask for your contact information. Please provide a valid phone number for FxPro to contact you if needed.
- You will need to select your country of residence from a dropdown menu. It is important to choose the appropriate country.
- Website details are required in the next section of the form. If you have a website where you intend to promote FxPro, please enter the URL in the specified field.
After completing all the necessary fields, it’s important to take a moment and carefully review the information you’ve provided to ensure its accuracy.
Before submitting the form, it is necessary for you to carefully review and give your consent to the FxPro Affiliate Program Terms and Conditions. There is a link to these terms on the registration form. It is important to review them thoroughly.
Once you’ve accepted the terms and conditions, click the ‘Sign up’ button to complete your application.
Once you’ve submitted the form, keep an eye on your email for a confirmation message from FxPro. Please click the link in this email to verify your email address and activate your account.
After verifying your email address, you can easily access your new FxPro affiliate account and begin promoting the wide range of services FxPro offers.
What kind of information do I need if I want to join FxPro's affiliate program?
You must supply info like your website URL (if applicable), marketing strategies, and estimated referral volume and submit any documents to prove your identity.
How do I refer people to FxPro for trading?
To refer people to FxPro, you must market the broker using your website or social media platforms. You provide them with a referral link when they open their accounts.
FxPro Customer Support
Customer Support
| 📞Customer Support | 🗣️Customer Support |
| ⏰Operating Hours | 24/5 |
| 🗣️Support Languages | Multilingual |
| 🗨️Live Chat | Yes |
| 📧Email Address | [email protected] |
| 📞Telephonic Support | Yes |
| 🌟The overall quality of their Support | 5/5 |
Response Time
| Support Channel | Average Response Time | User-based Response Time |
| 📞Phone | 5 – 6 minutes | 4 minutes |
| 1 working day | 24 – 48 hours | |
| 🗨️Live Chat | 4 – 7 minutes | 4 minutes |
| #️⃣Social Media | 3 – 6 minutes | 5 minutes |
| 🗣️Affiliate | 24 – 48 hours | 24 – 48 hours |
What live support channels do FxPro provide to customers?
FxPro provides live support channels, like phone calls or a live chat option on their website.
Does FxPro Support react swiftly to customer inquiries?
Yes, traders can expect answers within minutes on phone calls and within 48 hours on channels like email.
FxPro Social Responsibility
FxPro is committed to corporate social responsibility (CSR) by actively supporting underprivileged communities’ nutrition, education, and overall quality of life through a variety of initiatives.
As reviewers, we discovered that their dedication goes beyond financial support and includes motivating employees to advocate for causes they care about.
Traders can learn more about these initiatives by visiting the company’s website’s “CSR” section. For example, FxPro supports non-profit organizations such as UNICEF and the Red Cross and regional and global medical or care facilities.
FxPro, for example, has donated significantly to the Naked Heart Foundation, a non-profit organization that helps parents of children with disabilities or special needs.
Our research also revealed that they donated to the UNHCR in 2022, a charity that provides relief to refugees worldwide.
FxPro’s entire CSR strategy is consistent with its mission to conduct business ethically and responsibly while advancing the interests of society and its employees.
FxPro User Comments and Reviews
More than 7.8 million people around the world use FxPro. We looked at several review sites and found several comments like the following:
- “I tried FxPro because it had a good name and found it a trustworthy broker.”
- “The FxPro platforms always work smoothly, and on top of that, the spreads are quite reasonable.”
- “FxPro trading conditions are good, and I like that they offer several platforms.”
- “FxPro has been my broker of choice for a long time, and I am quite happy with their service.”
- “I strongly recommend FxPro to anyone looking for a reliable broker.”
10 Best Forex Brokers in Colombia
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Conclusion
We evaluated FxPro’s offerings for Colombian traders and discovered that it is a reputable broker with a global reach and a strong understanding of the local market.
Both novice and experienced traders appreciate the variety of account types and access to well-known platforms such as MetaTrader 4, FxPro, cTrader, and MetaTrader 5.
We did discover a few flaws, however. First and foremost, while they offer a wide range of educational programs, we believe they could be better tailored to the needs of Colombian traders.
Second, the lack of local payment options for deposits and withdrawals in COP may deter Colombian traders and subject them to currency conversion fees.
Although their alluring spreads, particularly on the Raw+ and Elite accounts, are appealing, high-frequency traders should consider the fee structure carefully.
Despite these shortcomings, we believe that FxPro’s cutting-edge technology, adherence to regulations, and dedicated customer service make it an appealing option for Colombian traders looking for an open and all-inclusive trading environment.
Pros & Cons
| ✅Pros | ❌Cons |
| FxPro offers a fair, safe, and transparent trading environment | Compared to other brokers, the trading costs are not as low |
| There are three flexible accounts offered to Colombian traders | There are no local payment methods for deposits or withdrawals from Colombia |
| There are extensive educational resources available | FxPro is not locally regulated in Colombia |
| FxPro offers a free and unlimited demo account to traders | There are no COP-denominated account options |
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Our Insights
“From what I’ve seen, FxPro is a good broker. They’ve been great to trade with for over a year, and the speed at which trades are executed is impressive. In general, spreads aren’t very wide, but I did see some increase during big news events. When I’ve had questions, customer service has always been helpful. The only bad thing is that there is sometimes slippage, but I expect that from most brokers.”
Our Recommendations on FxPro
For many traders, FxPro can be an excellent broker. Though the broker provides a wide range of services, there are still some areas where it could do better, such as the following:
- To make deposits and withdrawals easier, include more local payment options, such as popular local e-wallets and bank transfers from Colombia.
- By forming alliances with regional trading associations or financial institutions in Colombia, FxPro may be able to boost its visibility and attract local traders.
- FxPro could become a valuable partner in the Colombian trading community, interact with local traders, and raise brand awareness by hosting webinars or seminars.
- Include resources for Colombian traders in your educational offerings, such as webinars, tutorials, and Colombian market analyses.
- Improve customer service by providing 24/7 access to specialists who can assist Colombian traders in their native language, which will help to reduce language barriers and improve the overall customer experience.
Frequently Ask Questions
Is FxPro regulated in Colombia as a broker?
No, FxPro is not regulated in Colombia, but it is a well-established online broker and is regulated strictly elsewhere.
Is it easy to withdraw your money again from FxPro?
Yes, the withdrawal process can easily be handled online. What’s more, if it is made during regular business hours, it is typically handled in a few hours.
Are there any disadvantages to using FxPro?
Yes, there are a few disadvantages to trading with FxPro. They charge inactivity fees if you don’t trade regularly, and stock CFD fees are quite high.
Is the money in my account with FxPro safe from being misused?
Yes, FxPro protects your money by being kept apart from the business’s own funds in different bank accounts at reputable European banks.
What popular e-wallets are available with FxPro to fund my account?
FxPro accepts PayPal, Neteller, and Skrill to fund your account and withdraw profits.
Will it cost me a lot of money when I withdraw funds from my FxPro account?
No, FxPro does not charge anything for withdrawals, but the method you use for funding and withdrawal may incur costs.
