FxPro: A Detailed Introduction and Rebate Overview

Cashback Island provides you with FxPro’s rebate service.

As an IB (Introducing Broker) for Cashback Island, after introducing clients to FxPro, FxPro rewards the IB based on the client’s trading volume. The IB then shares a portion of this reward with the client, which is known as a rebate.

Every time you trade using an FxPro account opened through Cashback Island, you will receive a rebate.

The procedure for opening a rebate account is the same as opening a regular account, requiring only a simple user registration!

Save money on your overseas forex trading with our rebate service!

FxPro Rebate Explanation

What is the maximum FxPro rebate? If a client’s trading volume meets certain criteria, higher-tier rebates can be negotiated to effectively reduce overall trading costs.

For users who register through our exclusive link, apart from the rebate benefits, all other trading costs (including spreads, commissions, etc.) are identical to the official ones, with no extra fees. This mechanism ensures that investors receive additional benefits while the trading environment remains the same as the official standard.

How to Open a Rebate Account

To open a rebate account, please follow these four steps.

1. Open a real FxPro account through our IB link
2. Register and log in to our rebate backend (for specific registration methods, please click here)
3. Go to the user page and register using the account you have opened.
4. After registration, rebates will be automatically generated with every trade

Introduction to FxPro

FxPro is a globally renowned forex and CFD trading platform. Since its establishment in London, UK in 2006, it has built an industry-leading system for fund security and compliant trading, holding top-tier regulatory licenses from four bodies: the UK’s FCA (license no. 509956), Cyprus’s CySEC (078/07), South Africa’s FSCA, and the Bahamas’ SCB.

The platform’s core competitive advantages are “EUR/USD spreads from 0.1 pips” and “high forex leverage up to 1000:1”. Combined with three professional trading terminals—MetaTrader 4/5 (MT4/MT5), cTrader, and the proprietary FxPro Edge—it offers over 2100 CFD products across 7 major categories, including forex, stocks, indices, precious metals, energies, and cryptocurrencies, catering to the needs of short-term trading, algorithmic strategies, and institutional-grade asset allocation.

Company Background

Since its establishment in 2006, FxPro has expanded from its London headquarters to global financial markets, setting up operational centers in Cyprus, the Bahamas, and South Africa, forming an international service network that spans Europe, America, the Middle East, Africa, and the Asia-Pacific region.

The platform has a deep presence in over 170 countries and regions, providing trading support to more than 600,000 retail and institutional clients, with an annual trading volume exceeding $1.5 trillion, firmly establishing it in the top tier of global forex brokers.

Its global layout is not only reflected in its client coverage but also in its technological ecosystem, which provides seamless access to institutional-grade liquidity through liquidity partnerships with top financial institutions like HSBC and Barclays Capital, as well as strategic alliances with MetaQuotes (developer of MT4/MT5) and Spotware (technology provider for cTrader).

Regulation

Fund Safety

FxPro partners with several major banking institutions. Client funds are held at Barclays Bank PLC, Julius Baer, and Royal Bank of Scotland.

Internal controls ensure the security of client funds held in different banks. FxPro also regularly reviews the credit risk of these banks, and client funds are only deposited in banks that are regulated by client money segregation laws.

FxPro’s Platform Features and Trading Conditions

FxPro Account Types

Leverage up to 1000x

As a leading global forex trading platform, FxPro’s leverage mechanism of up to 1:500 offers experienced traders highly attractive capital utilization opportunities.

This groundbreaking leverage design allows investors to control large-scale trading positions with a small amount of margin, for example, controlling up to $50,000 in market exposure with just $100. This significantly improves capital efficiency, especially for short-term traders and trend-following strategies.

It is worth noting that this leverage ratio is not applicable to all trading instruments. It is primarily focused on markets with high liquidity, such as forex currency pairs. Commodities like precious metals and energies use more conservative leverage ratios (e.g., gold up to 1:50) to balance volatility risks.

FxPro uses a dynamic leverage system, where the leverage changes based on the number of lots held for each trading instrument.

When leverage is reduced, the required margin increases, making it easier to trigger a stop-out. Therefore, special attention is needed when holding large positions.

A Wide Variety of Trading Platforms

FxPro has created a terminal matrix adapted for all scenarios, catering to traders of different levels and covering the entire ecosystem from PC to mobile.

The flagship desktop platform, MetaTrader 4 (MT4), is known for its classic charting tools and EA (Expert Advisor) automated trading systems, handling millions of orders daily. The upgraded MetaTrader 5 (MT5) revolutionarily integrates 7 asset classes including stocks, futures, and cryptocurrencies, supporting in-depth market analysis and hedging position modes.

Institutional clients seeking ultra-fast execution can use the cTrader platform, whose STP (Straight Through Processing) engine can execute orders within 0.01 seconds. Paired with Level II pricing and the cAlgo algorithmic trading studio, it forms a closed loop for high-frequency strategies.

For investors who prefer lightweight operations, the FxPro WebTrader offers a no-download, web-based service with 21 built-in technical indicators and customizable news feeds. The FxPro mobile app, with its mobile-exclusive features like “pinch-to-zoom candlestick charts” and “voice command order placement,” enables seamless trading during a subway commute or at a coffee shop.

Data is synchronized in real-time across all five platforms, supporting cross-device strategy compatibility and position management, creating a trading operating system that combines “professional depth” with “operational flexibility.”

Rich Trading Tools

FxPro integrates six professional-grade tools to build an all-weather command center centered around “data-driven decision-making.”

The all-in-one forex calculator dynamically computes margin requirements, pip value profit/loss, and swap fees, supporting real-time cross-currency conversions and generating a risk parameter matrix in 3 seconds.

FxPro VPS is designed for algorithmic traders, deployed on Amazon AWS global nodes to achieve order execution speeds of <5ms. Combined with an automatic disaster recovery mechanism for network disconnections, it ensures uninterrupted operation of EA strategies.

In terms of information, the market news section aggregates seven major sources like Reuters and Dow Jones, using NLP sentiment analysis to tag news as bullish/bearish and linking it with candlestick charts to back-test historical volatility correlations. The economic calendar categorizes over 800 annual events, such as central bank decisions and non-farm payrolls, by “impact star rating,” with customizable pop-up alerts and multi-asset correlation warnings.

For income-oriented investors, the earnings calendar tracks US stock earnings reports and ex-dividend dates, generating arbitrage opportunity heatmaps combined with analyst consensus forecasts. The market holidays module accurately marks the closing times of 56 global exchanges, automatically adjusting position leverage and risk control thresholds to avoid liquidity traps.

Comprehensive Knowledge Base

FxPro has built a tiered learning network from “awareness to mastery,” integrating six core modules to form a closed-loop educational chain.

It starts with basic trading knowledge to establish a market awareness framework, deconstructing order mechanisms and risk management through text and graphic courses. Fundamental and technical analysis are taught in parallel; the former deeply links macroeconomic indicators like GDP and non-farm payrolls with price correlation models, while the latter provides over 100 historical case studies to back-test the practical effectiveness of tools like trend lines and Elliott Wave theory.

The trading psychology module, designed to address human weaknesses, features a unique “Stress-Return Curve Simulator” and an emotional trading journal to help users quantitatively overcome FOMO (Fear of Missing Out) and revenge trading impulses.

Additionally, the platform includes a trading glossary switchable between 9 languages, with contextual explanations (e.g., the “slippage” entry includes an animation of liquidity fluctuations). Through the FxPro online webinars, institutional-grade strategy breakdowns are updated weekly, and a strategy code library for MT4/MT5/cTrader is available for download, enabling a seamless transition from “academic theory → cross-platform implementation → live stress testing.”

FxPro Deposit/Withdrawal Methods

FxPro Deposit Methods

FxPro Withdrawal Methods

Frequently Asked Questions

Q1: Does slippage occur on the FxPro platform?

Slippage is a part of trading and is common in the forex market. It occurs during periods of high volatility or low liquidity, or during major news releases or important economic data announcements.

FxPro takes all necessary measures to protect traders from market volatility. Clients benefit from a highly advanced trade management system that reduces the risk of negative slippage and ensures execution at the best possible price.

Click here to view FxPro’s excellent slippage statistics:

https://www.fxpro.com/pricing/model

Q2: Does FxPro offer swap-free accounts?

FxPro offers swap-free accounts to clients. Please note that a commission may be charged after holding a position on certain financial instruments for a specific number of days. To apply for a swap-free account, please send an email to FxPro’s back office department at [email protected]. For more details on FxPro’s swap-free accounts, please contact FxPro’s customer support.

Q3: Are there any restrictions on opening a demo forex trading account with FxPro?

You can open as many demo accounts as you like. You can fund your demo account through FxPro Direct. However, please note that demo accounts will be deactivated if there is no activity for 30 days. Additionally, FxPro’s MT4 and MT5 demo accounts can have a maximum of 70 open positions at any one time.

While demo accounts reflect real market conditions and prices, please remember that they are simulations and may not behave like live accounts during periods of high volatility or illiquidity (such as market opening, news announcements). For this reason, we strongly recommend that demo accounts be used solely as a learning tool for inexperienced traders or for testing new trading strategies.