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 |
FxPro and TopFX are both prominent online brokers offering a variety of pricing models, but they differ significantly in their approach to commissions and fees. FxPro offers a broader suite with options for both variable or fixed spreads on its MetaTrader 4 platform. Traders opting for variable spreads can choose between instant execution, which has requotes but no slippage, and market execution, which may experience slippage but avoids requotes. On the cTrader platform, FxPro provides its most competitive spread pricing, with an effective spread of approximately 1.27 pips for the EUR/USD pair. Despite these options, FxPro's pricing is generally higher than the industry average, offering little edge over top competitors who boast lower pricing models. FxPro has a four-star rating for commissions and fees and holds the 32nd position out of 62 brokers in rankings provided by ForexBrokers.com.
TopFX simplifies its offering with two account types available on MetaTrader and cTrader platforms: the ZERO account, which operates on a spread-only basis, and the RAW account, which is commission-based. The RAW account charges a competitive commission of 2.75 EUR per side, making its all-in cost for EUR/USD trades approximately 0.88 pips, aligning with industry standards. The ZERO account removes commission fees but balances this with higher spreads, averaging 1.03 pips. TopFX, like FxPro, carries a four-star rating for its commission and fee structure and ranks 40th in ForexBrokers.com's list of 62 brokers.
Both FxPro and TopFX cater to various trading preferences, but prospective traders should weigh execution methods, spread varieties, and account types to determine the best fit for their trading style. Overall, both brokers offer hardworking platforms, but it's clear that FxPro's elite program appeals more towards active traders, albeit at a higher cost. Meanwhile, TopFX provides competitively priced EUR/USD trading costs, appealing to those seeking moderate pricing with flexibility between spread-only and commission-based accounts.
| 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.
When comparing the range of investments offered by online brokers FxPro and TopFX, both platforms provide forex trading as CFDs or spot contracts, giving traders access to the popular currency market. FxPro stands out with a significant advantage in the number of tradeable symbols, offering 2,249 compared to TopFX's 655. This broader selection includes 70 tradeable forex pairs on FxPro, while TopFX provides 60. Additionally, FxPro allows users to purchase exchange-traded securities on international exchanges, which is not available on TopFX, enhancing FxPro's global investment opportunities.
Both brokers offer cryptocurrency derivatives but do not allow the purchase of actual cryptocurrencies, and each provides copy trading options for their clients. However, when it comes to ratings, FxPro garners a slightly higher rating of 4 stars for its range of investments, compared to TopFX's 3.5 stars. According to ForexBrokers.com, FxPro ranks at #28 out of 62 brokers in the Category of Range of Investments, whereas TopFX ranks a bit lower at #46. These distinctions make FxPro a more appealing choice for those seeking a wider array of investment opportunities.
| 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 trading platforms and tools, FxPro and TopFX both offer free virtual demo accounts, giving traders the chance to simulate their trading strategies without financial risk. FxPro stands out with a proprietary platform, enhancing the broker's distinct offering. Both brokers provide Windows desktop and web-based platforms, making trading accessible across various devices. The popular MetaTrader 4 platform is available from both brokers; however, FxPro offers additional flexibility with MetaTrader 5, which is not available with TopFX. Copy trading enthusiasts will find adequate options with both brokers, although neither supports DupliTrade or ZuluTrade. In terms of charting capabilities, FxPro leads with 25 drawing tools compared to TopFX's 15 tools, while both enable trading directly from stock charts.
Watch list customization varies slightly, with FxPro offering six columns and TopFX offering seven. Their trading platforms and tools have both earned a commendable 4-star rating, reflecting their solid performance in the category. However, FxPro is ranked higher by ForexBrokers.com at #17 out of 62 brokers, compared to TopFX, which is positioned at #45. This ranking suggests a more favorable impression of FxPro's platform and tool offerings among industry reviewers. Ultimately, traders seeking a proprietary platform and more comprehensive toolset may lean towards FxPro, although TopFX remains a competitive choice with a slight edge in watch list configuration.
| 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.
When comparing the mobile trading apps of FxPro and TopFX, both platforms provide apps for iPhone and Android devices, complete with stock or forex price alerts. However, FxPro sets itself apart with its ability to sync watchlist symbols between mobile apps and online accounts, offering a seamless experience for users. This feature is currently not available with TopFX. Additionally, FxPro boasts a greater number of technical studies, offering 65 compared to TopFX's 30, which can be crucial for traders who rely on detailed chart analysis.
In terms of usability, both brokers allow users to draw trendlines, view multiple time frames, and offer watchlists with real-time quotes. The apps are user-friendly and efficient, with automatic saving of drawings. Despite the similarities, FxPro receives a higher rating for its mobile app, with 4.5 out of 5 stars, compared to TopFX's 4 stars. Moreover, FxPro holds a stronger ranking from ForexBrokers.com, coming in at #15, while TopFX is positioned at #51 among 62 brokers. These distinctions highlight FxPro as a more feature-rich platform for mobile traders seeking comprehensive market analysis tools and syncing capabilities.
| 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 FxPro and TopFX for market research offerings, several key differences become apparent. FxPro excels in providing daily market commentary, while TopFX does not offer this feature. Both brokers deliver forex news from reputable sources like Bloomberg and Reuters, ensuring traders stay informed on critical financial updates. In terms of technical analysis tools, FxPro collaborates with Trading Central, whereas TopFX offers resources from Autochartist, complementing their Trading Central tools. Both brokers equip traders with sentiment-based trading tools, as well as economic calendars highlighting significant global events. However, neither FxPro nor TopFX incorporates research from TipRanks or Acuity Trading.
When assessing research ratings, FxPro stands out with a commendable 4-star rating, while TopFX trails with 3 stars. According to ForexBrokers.com's rankings, FxPro holds the #26 position out of 62 brokers in the Research category, showcasing its strong research capabilities. In contrast, TopFX is positioned much lower, at #59. Overall, while both brokers have strengths, FxPro's edge in market commentary and higher research ranking makes it a compelling choice for traders seeking comprehensive market insights.
| 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 it comes to educational resources for beginners, FxPro stands out compared to TopFX. FxPro offers over ten educational pieces focusing on forex and CFDs, providing beginners with a solid introduction to trading. Although neither broker hosts monthly live webinars, FxPro provides a searchable archive of past recorded sessions, enabling new traders to access valuable insights at their convenience. With more than ten beginner-oriented videos, FxPro ensures that novices grasp essential trading concepts. In addition, FxPro offers an investor dictionary with definitions of over 50 investing terms, helping traders build their financial vocabulary.
On the other hand, TopFX falls short in providing comprehensive educational support for beginners. It does not meet the minimum requirement of ten educational pieces related to forex and CFDs. The lack of a searchable archive of past webinars and beginner-focused videos further limits the learning opportunities for newcomers. Without an extensive library of financial terms, TopFX makes it challenging for beginners to familiarize themselves with crucial trading language. As a result, FxPro is rated higher for education, with 4 out of 5 stars, and ranks 18th out of 62 brokers, while TopFX is rated 3 stars and ranks 60th.
| 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 62 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 #61.
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
|
|---|---|---|
| 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 |
| Broker Screenshots | FxPro | TopFX | |
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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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