Written by ForexBrokers.com
In this head to head comparison of FxPro vs TopFX, 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.
Founded in 2006, FxPro emerges as a highly trusted online broker with a ForexBrokers.com Trust Score of 93 out of 99. This rating places FxPro in the top category, indicating high trustworthiness. The broker enjoys strong regulatory backing, holding two Tier-1 licenses and one Tier-2 license. Additionally, FxPro distinguishes itself as a bank, enhancing its credibility and reliability even further. Despite being privately owned and not listed on any stock exchange, FxPro presents a formidable option for those prioritizing safety and regulatory oversight in their online trading endeavors.
TopFX, established in 2010, shows a slightly higher risk profile with a ForexBrokers.com Trust Score of 67 out of 99. This position categorizes TopFX as a high-risk broker. While it holds one Tier-1 license, the absence of any Tier-2 licenses may be a consideration for potential customers assessing regulatory security. Unlike FxPro, TopFX does not operate as a bank, which could influence the level of trust perceived by investors. This privately held company's regulatory framework might appeal to traders who are willing to navigate a higher risk environment for potentially diverse trading opportunities.
| Feature |
FxPro
|
TopFX
|
|---|---|---|
| Year Founded | 2006 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When it comes to comparing the commissions and fees of online brokers FxPro and TopFX, both brokerages provide competitive structures, each with its unique advantages. FxPro offers varied pricing on its platforms. It provides variable or fixed spreads on MT4 and some of the most competitive pricing on cTrader via commission-based spreads. FxPro's effective spread for the EUR/USD pair on cTrader is around 1.27 pips, taking into account an average spread plus commission costs. On MT4 and MT5, floating spreads are available with EUR/USD spreads reaching 1.58 and 1.51 pips, respectively. Although FxPro presents deep discounts in its Active Trader program, the overall pricing is still on the higher side compared to industry peers. FxPro earns a 4-star rating for its commissions and fees and is ranked #32 out of 63 brokers by ForexBrokers.com.
TopFX, on the other hand, provides two primary account types: the commission-based RAW account and the commission-free ZERO account, available on both MetaTrader and cTrader. The RAW account charges a commission of 2.75 EUR per side, and when combined with the average spread, the overall cost is approximately 0.88 pips for the EUR/USD pair. This aligns well with the industry average. Meanwhile, the ZERO account does not entail commission costs but comes with higher average spreads of 1.03 pips for the EUR/USD. As a result, TopFX offers flexibility and attractive pricing structures for different trading preferences. Like FxPro, TopFX is also rated 4 stars in the commissions and fees category, with a rank of #40 out of 63 brokers, according to ForexBrokers.com.
In conclusion, both FxPro and TopFX present effective commission and fee options to their clients. FxPro stands out with its flexible spread choices and discounts for active traders, while TopFX shines with its diverse account structures tailored to suit the preferences of commission-free or commission-based trading. Consequently, traders will find value in either platform depending on their specific trading needs and budget considerations.
| Feature |
FxPro
|
TopFX
|
|---|---|---|
| Minimum Deposit | $100 | Depends on payment method |
| Average Spread EUR/USD - Standard | 1.51 | 1.03 |
| All-in Cost EUR/USD - Active | 1.27 | 0.88 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FxPro and TopFX are both reputable online brokers offering a comprehensive range of investment options, though they have some notable differences. FxPro takes the lead with an impressive 2,249 tradeable symbols, including 70 forex pairs, providing a more extensive assortment for investors compared to TopFX's 655 symbols and 60 forex pairs. Additionally, FxPro sets itself apart by enabling investments in international exchange-traded securities, a feature not offered by TopFX. Both brokers provide forex trading as CFDs or spot contracts and support cryptocurrency derivatives, though neither broker offers actual cryptocurrency purchases.
Both FxPro and TopFX offer copy trading features, catering to those interested in mirroring successful traders. In terms of ratings, FxPro scores slightly higher with four stars in the Range of Investments category, positioning it at #28 out of 63 brokers according to ForexBrokers.com. Meanwhile, TopFX earns 3.5 stars, ranking at #46. These differences make FxPro a more appealing choice for investors seeking a broader selection of tradeable assets, while TopFX may appeal to those with specific trading needs within its offering range.
| Feature |
FxPro
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 655 |
| Forex Pairs (Total) | 70 | 60 |
| 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). | 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 comparing the trading platforms and tools offered by FxPro and TopFX, both brokers provide traders with the essential resources for successful online trading. FxPro stands out with its proprietary platform, in addition to offering both MetaTrader 4 and MetaTrader 5, giving traders a wide array of options. TopFX, while lacking a proprietary platform, offers MetaTrader 4 but does not support MetaTrader 5. Both brokers ensure accessibility by offering Windows-based desktop platforms and web-based trading options, along with the flexibility of copy trading. Furthermore, both brokers provide free virtual demo accounts, allowing users to practice their strategies without risking real capital.
Charting capabilities also play an important role in evaluating these two brokers. FxPro excels with 25 drawing tools, compared to TopFX's 15, although both offer the ability to trade directly from stock charts. TopFX provides a slight edge in watch list customization with one additional field. Despite these differences, both brokers receive a four-star rating for their trading platforms and tools. However, in the broader scope of broker rankings by ForexBrokers.com, FxPro holds a higher position at #17, while TopFX is ranked #45, hinting at a more favorable evaluation of FxPro's overall platform offering.
| Feature |
FxPro
|
TopFX
|
|---|---|---|
| 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 | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| 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.
FxPro and TopFX both provide mobile apps for trading on iPhones and Android devices, allowing users to stay connected to the markets anytime, anywhere. They both offer essential features such as stock and forex price alerts and multiple time frames for chart analysis. Users of these apps can enjoy creating watchlists with real-time quotes, and the apps also auto-save any drawings made on charts. However, a notable difference is that FxPro's app supports syncing your watchlist symbols with your online account, which means any changes made will reflect across platforms, a feature not available with TopFX.
When it comes to charting features, FxPro provides a more comprehensive experience with 65 technical studies compared to TopFX's 30, enhancing the analysis capabilities for traders. Both apps allow drawing trendlines on charts, keeping trading analysis flexible and detailed. In terms of user ratings, FxPro stands out with a 4.5-star rating and ranks 15th out of 63 brokers for mobile trading apps according to ForexBrokers.com, suggesting superior user satisfaction and functionality. TopFX, while still reliable with a 4-star rating, is ranked 51st, indicating room for improvement compared to FxPro's offerings.
| Feature |
FxPro
|
TopFX
|
|---|---|---|
| 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 | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of online brokers FxPro and TopFX, several differences and similarities emerge. FxPro stands out by providing daily market commentary, something that TopFX does not include. Both brokers source their forex news from reputable outlets like Bloomberg and Reuters. However, TopFX leverages technical analysis tools from Autochartist, which FxPro lacks, while both utilize resources from Trading Central. Both brokers feature sentiment-based trading tools and similar economic calendars to keep traders informed about global news events.
In terms of ratings and rankings in market research, FxPro receives a higher evaluation with four out of five stars, placing 26th among 63 brokers according to ForexBrokers.com. TopFX, on the other hand, receives three stars and ranks at 60, indicating that while both brokers provide key features, FxPro is more highly regarded in the research category. Neither broker offers market research or tools from TipRanks or Acuity Trading, showing room for expansion in research tools.
| Feature |
FxPro
|
TopFX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| 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 at FxPro and TopFX, FxPro takes a clear lead. FxPro offers over 10 educational materials focused on forex and CFDs, providing a rich selection of articles, videos, and archived webinars. Additionally, FxPro has a searchable archive of recorded webinars for clients to learn at their convenience. They also provide beginners with more than 10 educational videos aimed specifically at newcomers to trading, ensuring a solid educational foundation. Moreover, FxPro includes an investor dictionary that defines over 50 investing terms, making it easier for beginners to understand the trading jargon.
On the other hand, TopFX falls short in comparison. While they do not meet the minimum of 10 educational pieces or offer a searchable webinar archive, they are rated 3 stars for their educational efforts. Neither FxPro nor TopFX conducts monthly online educational client webinars nor provides a deep dive into advanced trading topics with specialized videos. In rankings, FxPro is positioned at 18th among 63 brokers in the Education category by ForexBrokers.com, showing a strong commitment to investor education. TopFX is comparatively ranked at 61st, making it clear that FxPro offers more comprehensive educational resources for beginners.
| Feature |
FxPro
|
TopFX
|
|---|---|---|
| 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 | No |
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 TopFX. FxPro finished with an overall rank of #21, while TopFX finished with an overall rank of #62.
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
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TopFX
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| Overall Rating |
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| Trust Score | 93 | 67 |
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Both FxPro and TopFX do not offer the ability to buy actual delivered cryptocurrency, but they each provide options for trading cryptocurrency derivatives.
FxPro surpasses TopFX by offering both ACH and SEPA transfer options for account funding and withdrawals, whereas TopFX does not provide these options; both platforms, however, share the ability to use PayPal, Skrill, Visa or Mastercard, and bank wire transfers for transactions.
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.
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0 of 5| Overall Rating | FxPro | TopFX | |
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| Trust Score | 93 | 67 | |
| Winner | check_circle | ||
| Review | FxPro Review | TopFX Review |
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| Regulation | FxPro | TopFX | |
|---|---|---|---|
| Trust Score | 93 | 67 | |
| Year Founded | 2006 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FxPro | TopFX | |
|---|---|---|---|
| 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 | No | |
| 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 | TopFX | |
|---|---|---|---|
| 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 | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 655 | |
| Forex Pairs (Total) | 70 | 60 | |
| 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). | 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 | TopFX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 1.03 | |
| All-in Cost EUR/USD - Active | 1.27 | 0.88 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | TopFX | |
|---|---|---|---|
| Minimum Deposit | $100 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| 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 | TopFX | |
|---|---|---|---|
| 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 | No | |
| cTrader | Yes | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | TopFX | |
|---|---|---|---|
| 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 | TopFX | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FxPro | TopFX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | TopFX | |
|---|---|---|---|
| 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 | No |
| Major Forex Pairs | FxPro | TopFX | |
|---|---|---|---|
| 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 | TopFX Review |
| Overall | FxPro | TopFX | |
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| Trust Score | 93 | 67 | |
| Winner | check_circle | ||
| Review | FxPro Review | TopFX Review |
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