Written by ForexBrokers.com
In this head to head comparison of FxPro vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FxPro and FXOpen are two notable players in the online brokerage arena. Founded in 2006, FxPro distinguishes itself as a bank, offering traders an added layer of security, whereas FXOpen, established in 2003, is not a banking institution. Neither broker is publicly traded on a stock exchange. When it comes to regulatory credentials, both FxPro and FXOpen hold two Tier-1 licenses, reflecting a highly trusted status. However, FxPro further bolsters its trustworthiness with an additional Tier-2 license, which is indicative of a general trusted status.
Regarding their trust scores from ForexBrokers.com, FxPro enjoys a high score of 93 out of 99, categorizing it as a highly trusted broker. In contrast, FXOpen has a score of 76, suggesting an average risk for traders. These scores highlight FxPro’s stronger reputation in the industry, attributed to its banking status and broader regulatory framework. As a trader looking for reliability, these insights could guide a more informed decision between these two brokers.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Year Founded | 2006 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
FxPro and FXOpen are both notable in the world of online trading, but their offerings in terms of commissions and fees present some differences. FxPro's pricing is generally higher than the industry average, which may be a slight downside when compared to more cost-effective peers like Pepperstone. FxPro offers both variable and fixed spreads on its MT4 platform, with distinctive execution methods: instant execution, which does not allow slippage but may be subject to requotes, and market execution, which could involve slippage without requotes. A notable advantage of FxPro's cTrader platform is the absence of a minimum distance requirement for stop and limit orders.
FxPro's most appealing spreads are found on its cTrader platform where they implement a commission-based model. The effective spread for the popular EUR/USD pair averages about 1.27 pips, considering a typical spread of 0.37 pips plus a 0.9 pip commission-equivalent. On the other hand, their MT4 and MT5 platforms showcase floating-rate models, with spreads around 1.58 and 1.51 pips respectively for EUR/USD when using market execution. While FxPro's Active Trader program for elite users promises discounts up to 30%, it still falls short of competitors' offerings like those from IG and Saxo. For its commissions and fees, FxPro garners a solid 4-star rating and ranks 32nd out of 63 brokers reviewed by ForexBrokers.com.
In contrast, FXOpen does not provide extensive data on their average spreads, though they too earn a 4-star rating for commissions and fees. FXOpen holds a relatively distant position at number 44 in ForexBrokers.com's ranking. Both brokers present viable options, but when it comes to comprehensive information and slightly superior positioning in industry rankings, FxPro might hold a slight edge for traders focused on transparency in commission and fee structures.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 1.51 | N/A |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments between FxPro and FXOpen, FxPro clearly offers a broader selection. FxPro provides access to 2,249 tradeable symbols, significantly more than FXOpen’s 87. Both platforms offer forex trading as CFDs or spot contracts, but FxPro leads with 70 forex pairs compared to FXOpen’s 25. Neither broker allows for the purchase of U.S. exchange traded securities; however, FxPro offers access to international exchanges, letting clients invest in stocks like Vodafone, a feature FXOpen lacks. Both offer copy trading and the ability to trade cryptocurrency derivatives, but unlike buying actual cryptocurrency, neither allows for ownership of the underlying asset.
FxPro's more extensive offerings earn it a 4-star rating for its range of investments, whereas FXOpen garners 3 stars. According to ForexBrokers.com, FxPro is ranked #28 in this category out of 63 brokers, in contrast to FXOpen’s position at #62. This places FxPro ahead in terms of available investment options, making it a more versatile choice for those seeking diverse asset opportunities.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 87 |
| Forex Pairs (Total) | 70 | 25 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When considering trading platforms and tools, both FxPro and FXOpen offer traders comprehensive options. They each provide simulated trading with free virtual demo accounts, allowing beginners to practice without monetary risk. While both brokers support popular platforms like MetaTrader 4 and MetaTrader 5, only FxPro offers a proprietary platform developed in-house. Traders with a preference for Windows-based desktop downloads or browser-based access will find platforms available from both brokers. Copy trading is supported across the board, with FxOpen standing out thanks to its ZuluTrade support, whereas FxPro does not offer this feature. However, both brokers fall short when it comes to DupliTrade offerings.
For traders who rely on charting tools, FxPro surpasses FXOpen with 25 drawing tools compared to FXOpen's 15. Additionally, regarding watch list customization, FXOpen provides more fields with seven columns, slightly edging out FxPro's six. Both brokers enable trading directly from stock charts, a handy feature for rapid decision-making. Despite their differences in specific capabilities, both FxPro and FXOpen earn a four-star rating for their trading platforms and tools. When judged against 63 brokers by ForexBrokers.com, FxPro ranks significantly higher at #17, while FXOpen comes in at #53, illustrating a tighter integration of features in FxPro's offerings.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 53 | 30 |
| Charting - Drawing Tools (Total) | 25 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FxPro and FXOpen offer iPhone and Android apps, catering to traders on the go. With these apps, users can receive stock and forex price alerts and draw trendlines on charts. The ability to view multiple time frames on charts is available on both platforms, accommodating daily, weekly, or intraday views. While both apps enable you to create watchlists with real-time quotes, only FxPro ensures that your watchlist syncs seamlessly with your online account, allowing changes to reflect instantly across devices.
When it comes to charting technical analysis, FxPro significantly outpaces FXOpen by offering 65 technical studies compared to FXOpen’s 30. Another advantage for FxPro users is the auto-save feature for drawings on charts, which is absent in FXOpen’s app, ensuring that your work is preserved without hassle. Due to these features, FxPro has a higher mobile app rating of 4.5 stars versus FXOpen’s 4 stars. Additionally, FxPro is ranked #15 by ForexBrokers.com for mobile trading apps among 63 brokers, while FXOpen stands at #54, highlighting a more favorable user experience with FxPro.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both FxPro and FXOpen excel in providing daily market commentary and access to forex news from industry-leading sources like Bloomberg and Reuters. However, when it comes to the array of research tools, FxPro takes the lead by offering technical analysis from Trading Central and a sentiment-based trading tool, which provides insights into long and short positions across various currency pairs. FXOpen, while providing essential news and commentary, does not include these specific tools in their offerings. Additionally, neither broker offers research tools from companies like Autochartist, Acuity Trading, or TipRanks, which might be a consideration for traders seeking a more extensive toolset.
For those who rely heavily on economic calendars, both FxPro and FXOpen deliver, helping traders keep track of key global economic events. However, in the Research and Analysis category, FxPro outshines with a rating of four stars, compared to FXOpen's three stars. This higher rating is reflected in their rankings on ForexBrokers.com, where FxPro secures the 26th spot out of 63 brokers, significantly ahead of FXOpen's 63rd position. These distinctions may influence traders choosing between the two brokers based on their emphasis on comprehensive market research and tools.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners between FxPro and FXOpen, FxPro emerges as a more comprehensive option. FxPro provides a range of educational materials, offering over 10 articles, videos, and archived webinars focused on the world of forex and CFDs. Additionally, beginners can benefit from a series of over 10 instructional videos specifically tailored to new traders. They also offer a searchable archive of recorded webinars, allowing users to access past sessions at their convenience. Moreover, both FxPro and FXOpen provide an investor dictionary with definitions for over 50 investing terms, which is valuable for those new to trading.
FXOpen, in contrast, has a more limited selection of educational resources for beginners. They do not meet the threshold of providing more than 10 forex or CFDs educational materials, nor do they offer beginner-focused video content to the same extent as FxPro. Additionally, FXOpen lacks a searchable archive of past webinars, which hinders the accessibility of learning resources for their clients. As a result of these differences, FxPro holds a higher rating of 4 stars for education and is ranked 18th in the Education category among 63 brokers by ForexBrokers.com, while FXOpen receives a 3-star rating, ranking 58th in the same category.
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FxPro is better than FXOpen. FxPro finished with an overall rank of #21, while FXOpen finished with an overall rank of #54.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
|
FXOpen
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 76 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both FxPro and FXOpen do not offer the option to buy actual delivered cryptocurrency, but they do provide the ability to trade cryptocurrency derivatives.
FxPro offers more payment options than FXOpen, including ACH, SEPA, and PayPal, alongside shared options such as Skrill, Visa, Mastercard, and bank wire transfers, whereas FXOpen provides Skrill, Visa, Mastercard, and bank wire transfers without ACH, SEPA, or PayPal capabilities.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
Select Brokers
↓×Compare
0 of 5| Overall Rating | FxPro | FXOpen | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 76 | |
| Winner | check_circle | ||
| Review | FxPro Review |
| Broker Screenshots | FxPro | FXOpen | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | FxPro | FXOpen | |
|---|---|---|---|
| Trust Score | 93 | 76 | |
| Year Founded | 2006 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | FxPro | FXOpen | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FxPro | FXOpen | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 87 | |
| Forex Pairs (Total) | 70 | 25 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FxPro | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | N/A | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FxPro | FXOpen | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | FxPro | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Drawing Tools (Total) | 25 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | FXOpen | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 65 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FxPro | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | FXOpen | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | FXOpen | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FxPro Review |
| Overall | FxPro | FXOpen | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 76 | |
| Winner | check_circle | ||
| Review | FxPro Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill
