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Mexico Forex Brokers

FxPro Review

Updated : June 27, 2024

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 Withdrawals

Education and Research

Bonuses and Promotions

Affiliate Programs

Customer Support

Social Responsibility

Final Verdict

Pros and Cons

FAQ

Overall Rating

Min Deposit

USD 100

Regulators

FCA, CySEC, FSCA, SCB

Trading Platform

MT4, MT5, cTrader, FxPro Platform

Crypto

Yes

Total Pairs

69+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Overview

Overview

 

FxPro has grown into a renowned FX and CFD broker with a clientele that spans over 170 countries since its inception in 2006. We, as reviewers, appreciate the robust regulatory system authorized by respected authorities such as the SCB, FCA, and CySEC.  

 

Their journey has been marked by significant accomplishments, including the completion of over 635 million orders and the assistance of prestigious organizations such as the McLaren F1 team.  

 

We believe that FxPro’s distinctiveness is derived from its consistent dedication to technological innovation and transparency. They provide a diverse selection of platforms tailored to each trader’s unique requirements, and their order execution is exceptional.  

 

FxPro appears to be a viable alternative for our Mexican audience. They profoundly comprehend the Mexican market and offer specific services, such as options that are understandable to Mexicans.  

 

Their extensive selection of trading goods, which include forex and indices, offers something for every individual. Furthermore, their educational tools are an excellent resource for individuals new to the dynamic trading world.  

 

Regardless of their experience level, FxPro is an attractive option for Mexican traders because it combines state-of-the-art technology, superior regulatory compliance, and local assistance.  

 

Their incredible accumulation of over 100 trophies is a testament to their accomplishments. 

 

 

Yes, FxPro was founded in 2006 and serves clients in over 170 countries, including Mexico.

FxPro is recognized for its exceptional trading platforms, ultra-low spreads, and speedy order execution, which can satisfy the needs of novice and experienced traders.

At a Glance

🗓 Established Year 2006
⚖️ Regulation and LicensesFCA, CySEC, SCB, FSCA, FSC
🪪 Ease of Use Rating4/5
🚀 BonusesNo
⏰ Support Hours24/5
📊 Trading PlatformsFxPro Platform, MetaTrader 4, MetaTrader 5, cTrader, FxPro App
💻 Account Types Standard, Pro, Raw+, Elite
💰 Base CurrenciesUSD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR
📈 SpreadsFrom 0.0 pips
📉 Leverage1:500
💸 Currency Pairs70; major, minor, exotic pairs
💳 Minimum Deposit1,700 MXN ($100)
🛑 Inactivity FeeNone
📞 Website LanguagesEnglish, Spanish, French, German, Italian, Polish, Czech, Hungarian, Swedish, Bulgarian, Finnish, Lithuanian, Danish, Croatian, Estonian, Norwegian, Romanian, Russian, Dutch, Portuguese, Indonesian, Malay, Vietnamese, Thai, Arabic, Mexican, Chinese (Simplified), Chinese (Traditional), Mongolian, Japanese
✔️ Fees and CommissionsSpreads from 0.0 pips, commissions from $7 per round turn on Forex
✅ Affiliate ProgramYes
🚫 Banned CountriesThe United States, Canada, Iran
👨‍💻 ScalpingYes
👥 HedgingYes
🏦 Trading InstrumentsForex, futures, indices, shares, metals, energies, crypto CFDs
🎉 Open an accountOpen Account

Regulation and Safety of Funds 

Regulation and Safety of Funds 

 

FxPro is not regulated by Mexico‘s National Banking and Securities Commission (CNBV) and Banco de México (Banxico); however, FxPro’s global regulations are listed in the table below: 

 

Global Regulations  

⚖️ Registered Entity🏦 Country of Registration🪪 Company Reg.✅ Regulatory Entity🛍 Tier🤝 License Number/Ref
FxPro UK LimitedUnited Kingdom06925128FCA1509956
FxPro Financial Services LimitedCyprusHE 181344CySEC2078/07
FxPro Global Markets LimitedThe BahamasSCB3SIA-F184
FxPro Financial Services LimitedSouth AfricaHE 181344FSCA2FSP 45052
Prime Ash Capital Limited T/A FxProMauritiusFSC3GB21026568

 

Protection of Client Funds  

🚫 Security Measure🪪 Information
Segregated AccountsYes
Compensation Fund MemberYes, ICF (does not cover Vietnamese traders)
Compensation Amount20,000 EUR
SSL CertificateYes
2FA (Where Applicable)Yes
Privacy Policy in PlaceYes
Risk Warning ProvidedYes
Negative Balance ProtectionYes
Guaranteed Stop-Loss OrdersNo

Yes, FxPro maintains its trading clients’ funds in segregated accounts.

Yes, FxPro offers negative balance protection to help traders from losing excessive money.  

Awards and Recognition 

Awards and Recognition 

 

Among the most remarkable aspects we discovered are the awards the broker has won, which include recognition for the following:  

➡️ In 2023, the City of London Wealth Management Awards recognized FxPro as the Best FX Service Provider, recognizing its exceptional services in London, UK (COLWMA). FxPro was also recognized as the Best CFD Provider in 2024 by the City of London Wealth Management Awards.  

➡️ In 2023, FxPro was awarded the title of Most Creative Trading Platform MENA in Dubai, United Arab Emirates, for providing innovative solutions for the Middle East and North Africa.  

➡️ In 2022, FxPro was further solidified as a leader in the market when it was crowned the Best Forex Provider by Online Money Awards FX168.  

➡️ In recognition of its dedication to corporate social responsibility, FxPro was awarded the esteemed Professional Trader Award in 2022.  

➡️ The Ultimate Fintech Awards’ Best Broker in 2021 (UK) accolade was awarded to FxPro, exemplifying its exceptional services in the UK market.  

FxPro Account Types and Features 

FxPro Account Types and Features 

 

FxPro is distinguished for its comprehensive selection of features that include a variety of account kinds and competitive trading conditions. In the following sections, we will examine each type of account that is specifically developed for Mexican traders:  

StandardRaw+Elite
✔️ AvailabilityAll; ideal for casual tradersAll; suitable for cost-effective, fast-paced tradingAll; suitable for scalpers, day, and algorithmic traders
💵 Markets AllAllAll
💰 CommissionsNone; only the spread is charged$3.5 per side, $7 per round turn$3.5 per side, $7 per round turn
💻 PlatformsAllAllAll
🔨 Trade Size0.01 lots – unlimited0.01 lots – unlimited0.01 lots – unlimited
📊 Leverage1:5001:5001:500
💸 Minimum Deposit1,700 MXN ($100)17,000 MXN ($1000)540,000 MXN ($30,000) over 2 months
👉 Open an accountOpen AccountOpen AccountOpen Account

 

Standard Account 

  Standard Account 

 

If Mexican traders are in search of a user-friendly, comprehensive trading platform, they should consider the FxPro Standard Account, according to our research. This account is accessible to a diverse range of traders, from newbies to seasoned veterans, with a minimum investment of only 1,700 MXN ($100).  

 

The Standard Account’s spreads commence at 1.2 pip and cover all fees with no additional hidden commissions. Consequently, it is an advantageous option for Mexicans who favour an uncomplicated pricing system.  

 

Traders can efficiently mitigate their risk by utilizing the account’s micro-lot trading (0.01 lots) and leverage of up to 1:500.  

 

Furthermore, we found that the account is compatible with the FxPro App, MetaTrader 4, and MetaTrader 5, which provides Mexican traders with a seamless trading experience by providing them with access to robust features and tools.  

 

Raw+ Account 

Raw+ Account 

 

Our investigation suggests that the FxPro Raw+ Account is the best cost-effective option for Mexican traders who prefer low spreads and rapid execution.  

 

A minimum deposit of 17,000 MXN ($1,000) is required to establish this account. This account charges $3.5 per side for every trade for each lot and offers raw spreads as low as 0.0 pips.  

 

This pricing methodology will benefit scalpers and high-frequency traders seeking to reduce transaction costs. The Raw+ Account is the optimal choice for traders who engage in regular or high-volume trading due to its minimum slippage and nearly rapid execution. 

 

This account category provides trading experts access to advanced tools and capabilities on the MetaTrader and FxPro platforms, enabling them to capitalize on the most favourable market conditions.  

 

Elite Account 

Elite Account 

 

For experienced Mexican traders seeking trading conditions on par with those of institutions, the FxPro Elite Account is the best choice.  

 

This account’s high minimum deposit requirement of 540,000 MXN ($30,000) spread over two months indicates that it is designed for seasoned traders with substantial trading capital.  

 

Mexicans can open an Elite account and benefit from raw spreads as low as 0 pips, costing $3.5 per side per lot, for the best pricing and liquidity.  

 

This account type is designed to offer quick execution times and a large amount of liquidity to handle high trading activity. The Elite Account offers up to 1:500 leverage and can be accessed through the MT4 platform to enable micro-lot trading.  

 

This account type will benefit Mexicans searching for trading solutions that consistently provide excellent performance and dependability.  

 

Demo Account 

The FxPro demo account is not merely a complimentary service but a virtual trading gateway with $100,000 in simulated funds. This account allows you to explore diverse markets and tactics without incurring any risks.  

 

The demo account offers a secure environment for practising your trading skills, regardless of whether you are a new or experienced trader seeking to develop your techniques.  

 

You can access any account type (Standard, Raw+, or Elite) on the FxPro platform, MetaTrader 4, or MetaTrader 5.  

 

In addition, this virtual trading experience is not time-limited, which provides ample chance for practice before moving to a real account.  

 

Islamic Account 

FxPro’s Islamic account is an excellent demonstration of inclusivity for Mexican traders seeking an appropriate trading environment. This account guarantees that your trading actions are consistent with your religious convictions by eliminating swaps, or interest, on overnight holdings.  

 

However, FxPro prioritizes equity over compliance; hence, these accounts provide equal opportunities. The Islamic option is accessible on all platforms and account types, allowing you to navigate the financial markets effectively, irrespective of your degree of experience.  

 

This account illustrates FxPro’s dedication to providing various solutions tailored to the requirements of its worldwide customers, including those in Mexico. 

The Standard account provides commission-free trading on all platforms with spreads of 1.2 pips.

Because it offers raw spreads starting from 0.0 pips for a commission fee of $3.5 per lot, the Raw+ account is optimal for high-frequency traders.  

FxPro Account Registration 

New Mexican traders can begin using FxPro by completing the following steps:

Step 1 – Compare accounts.

Navigate to the “Trading” area of the FxPro webpage. Click “Platforms Comparison” to find out more about the characteristics of the Standard, Raw+, and Elite account types.  

FxPro Account Registration Step 1

 

Step 2 – Click on the Register button.

Choose the account that best fits your trading style and risk tolerance, then click the “Register” banner underneath it. This will start the process of registering.

FxPro Account Registration Step 2

 

Step 3 – Fill out the form.

You will be asked for your name, email address, and country of residence (in this case, Mexico), among other personal information. 

FxPro Account Registration Step 3

 

Step 4 – Make your deposit.

After account authorization and identity verification, you can deposit. FxPro accepts bank transfers, credit/debit cards, and e-wallets.  

FxPro vs. CMTrading vs. AvaTrade – Broker Comparison

FxProCMTradingAvaTrade
⚖️ RegulationFCA, CySEC, SCB, FSCA, FSCFSA, FSCACentral Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC
📱Trading PlatformMetaTrader 4
MetaTrader 5
cTrader
FxPro App
MetaTrader 4
CMTrading Web
CopyKat
AvaTradeGO
AvaOptions
AvaSocial
MetaTrader 4
MetaTrader 5
DupliTrade
ZuluTrade
💰 Withdrawal FeeNoYesNo
📊 Demo AccountYesYesYes
📈 Min Deposit1,700 MXN ($100)1,700 MXN ($100)1,700 MXN ($100)
📈 Leverage1:5001:2001:30 (Retail

1:400 (Pro)
📊 Spread0.0 pips EUR/USDFrom 0.9 pipsFixed, from 0.9 pips
💰 Commissions$3.5 per sideNone; only the spread is chargedNone; only the spread is charged
✴️ Margin Call/Stop-Out100%/50%From 20%25% – 50% (M)

10% (S/O)
✴️ Order ExecutionMarketMarketInstant
💳 No-Deposit BonusNoNoNo
📊 Cent AccountsNoNoNo
📈 Account TypesStandard Account
Pro Account
Raw+ Account
ECN Account
Bronze Account
Silver Account
Gold Account
Premium Account
Standard Live Account
Professional Account Option
⚖️ SFC RegulationNoNoNo
💳 MXN DepositsNoNoNo
📊 MXN AccountNoNoNo
👥 Customer Service Hours24/524/524/5
📊 Retail Investor Accounts441
☪️ Islamic AccountYesYesYes
📉 Minimum Trade Size0.01 lots0.01 lots0.01 pips
📈 Maximum Trade SizeUnlimitedUnknownUnlimited
💸 Minimum Withdrawal Time1 business dayInstant24 to 48 Hours
💰Maximum Estimated Withdrawal Time7 business daysUp to 3 working daysUp to 10 days
📞 Instant Deposits and Instant Withdrawals?Yes, DepositsYes, deposits and withdrawalsNo
🎉 Open an accountOpen AccountOpen AccountOpen Account

Trading Platforms  

Trading Platforms 

 

MetaTrader 4 

We found that FxPro’s MetaTrader 4 (MT4) platform is reliable and flexible for Mexican traders.  

 

Special technical analysis indicators and Trading Central integration are available on the platform. These indicators are essential for traders seeking to optimize profits and spot opportunities.  

 

The platform allows custom indicators and Expert Advisors (EAs) to modify the interface using MQL4.  

 

Customized trading plan traders benefit from this capability. The platform is also compatible with Mac and Windows, making it more accessible to traders and solidifying its image as a reliable alternative for Mexican traders.  

 

MetaTrader 5 

MetaTrader 5, the next platform after MT4, has more advanced tools and capabilities. Mexican traders who wish to stay ahead should choose MT5.  

 

MT5 from FxPro gives Mexicans depth of market (DOM) data, an economic calendar, and multiple periods. This comprehensive set of tools allows market analysis.  

 

The platform’s ability to manage stocks and futures impressed us and makes it a good alternative for Mexican diversified portfolios.  

 

cTrader 

When we evaluated cTrader with FxPro, we were delighted by the platform’s cutting-edge UI and how it made trading easy.  

 

We used the platform’s remarkable algorithmic trading capabilities to build complicated methods that tech-savvy Mexican traders would like. Active traders who use fast-paced strategies typically need tools like cTrader for clear pricing and fast transaction execution. Given Mexican market instability, this is crucial.  

 

The platform’s advanced charting capabilities and extensive indicator library will help traders conduct in-depth technical assessments.  

 

FxPro App 

We found the FxPro App useful for Mexican traders away from their desktop terminals. The app’s unique real-time market news feed informs traders of global indices and Mexican Peso developments. We loved the user interface’s easy navigation and tap-to-trade functionality.  

 

This can save time, especially on busy trading days. The app’s seamless connection with FxPro’s wallet allows traders to transfer funds instantaneously, making capital management in a busy trading environment easy.  

 

FxPro Trading Platform 

We found that Mexican CFD traders recommend the FxPro Trading Platform because of its client-centric design.  

 

The online platform exceeds expectations by delivering a customizable interface, robust trading widgets, and several technical indicators, delighting novice and experienced Mexican traders.  

 

FxPro streamlines trading by letting users manage funds, transactions, and accounts from one app.  

 

This website simplifies Mexican trading by offering forex, equities, indices, metals, energy, and futures CFD markets. FxPro’s ultra-fast execution speed and NDD market execution ensure speed and dependability.  

Yes, MetaTrader 5 can be used to access various stocks and futures. 

The FxPro platform simplifies trading by managing funds, transactions, and accounts in one app.  

Range of Markets 

Range of Markets 

 

📌 Instrument📑 Number of Assets Offered📈 Max Leverage Offered
Forex701:500
Futures211:50 – 1:100
Indices191:50 – 1:200
Shares2,000+1:25
Metals81:50 – 1:100
Energies31:200
Cryptocurrency CFDs301:20

Overall Rating

Min Deposit

USD 100

Regulators

FCA, CySEC, FSCA, SCB

Trading Platform

MT4, MT5, cTrader, FxPro Platform

Crypto

Yes

Total Pairs

69+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Leverage and Margin 

Leverage and Margin 

 

Upon thoroughly examining FxPro’s leverage and margin offers, we identified a system that is adaptable and personalized, making it an ideal choice for Mexican traders.  

 

FxPro provides a variable leverage mechanism contingent upon the trader’s experience level and the specific instrument being traded.  

 

For example, retail clients can use leverage up to 1:200 on major currency pairings. Nevertheless, professional clients are granted up to a ratio of 1:500. Mexicans employ this leverage to acquire greater positions using a dynamic, deliberate leverage methodology contingent upon their initial investment.  

 

Additionally, FxPro’s website has a margin calculator. This tool is crucial in assisting Mexican traders in accurately estimating the margin requirements for their trades, simplifying their position management.  

 

Due to its margin call policy, FxPro guarantees that traders will be notified immediately if their account balance goes below the necessary margin level. We found that potential risks are somewhat mitigated by this approach.   

Yes, Mexican traders can trade at least 19 global indices with FxPro, including the S&P 500, NASDAQ 100, and FTSE 100.  

Mexican traders can trade various commodities, including precious metals (gold and silver) and energy sources (oil and natural gas). 

FxPro Spreads and Fees

FxPro Spreads and Fees

 

As part of our thorough review, we assessed the trading and non-trading fees that Mexicans can anticipate from FxPro. 

 

Spreads 

According to FxPro’s pricing approach, spreads, or the disparity between an instrument’s purchase and sale prices, are contingent upon the individual financial product and the kind of account.  

 

Spreads for Mexican traders commence at 1.2 pips on major currency pairs, such as the EUR/USD, when applying the Standard account.  

 

Conversely, the Raw+ and Elite accounts often commence with a spread of 0 pip; nonetheless, commission payments are linked with these accounts.  

 

Commissions 

FxPro’s commission structure is straightforward. The Standard account includes most instruments without commission for MetaTrader 4 and MetaTrader 5.  

 

Nevertheless, the trader must pay a $3.5 commission per side for each deal on the Raw+ and Elite accounts.  

 

Overnight Fees 

From our forex trading expertise, we know charges are connected with maintaining positions overnight. Swap or rollover fees are the terms used to describe these charges. The specific fee amount depends on the current interest rates and the instrument.  

 

Therefore, it is essential that Mexican traders, especially those who favour holding positions for extended periods, understand these costs.  

 

Traders can rapidly determine the swap costs associated with a particular transaction by utilizing the swap calculator on the FxPro platform. This instrument ensures that these fees do not diminish prospective earnings and assists in risk management.   

 

Deposit and Withdrawal Fees 

Traders in Mexico derive substantial advantages from the absence of fees related to deposits and withdrawals from FxPro. However, Mexicans need to be aware that there may be fees associated with overseas transactions, depending on their bank or payment provider.  

 

Inactivity Fees 

Accounts that are left dormant for at least one year will be subject to a monthly inactivity fee of $15. A minimum payment will be necessary to cover this fee, depending on the amount of money remaining in the trading account.  

 

This should not be a source of concern for Mexican traders who are actively engaged in the market. However, traders who take extended periods off from trading should consider this fee when calculating their total expenses when employing FxPro.  

 

Currency Conversion Fees 

Mexican traders who transact in foreign currencies should also evaluate the expenses associated with currency conversion. These fees become relevant when Mexicans deposit, withdraw, or exchange currencies that are not the base currency of their account.  

Raw+ and Elite accounts incur $3.5 per side commissions for each lot, whereas the Standard account incurs no commissions.  

A currency conversion fee will be imposed if you deposit your local currency into your FxPro account. The same will occur for withdrawals if you wish to utilize profits in your native currency.

FxPro Deposits and Withdrawals 

FxPro Deposits and Withdrawals 

 

Deposits 

How to Deposit using Bank Wire Step by Step 

✅ Log in to FxPro and select “Deposit Funds.”  

✅ For deposits, select “Bank Wire.”  

✅ Establish the deposit amount and currency.  

✅ Bank information is required for first-time users.  

✅ Ensure that all information is accurate before submitting the deposit request.  

 

How to Deposit using Credit or Debit Card Step by Step 

✅ Access “Deposit Funds” by logging into FxPro.  

✅ Choose “Credit/Debit Card.”  

✅ Please provide the amount, currency, and card information (card number, expiration date, and CVV code).  

✅ Review the information and submit the request.  

 

How to Deposit using e-Wallets or Payment Gateways Step by Step 

✅ Navigate to the “Deposit Funds” section of FxPro.  

✅ Select a payment gateway or e-wallet.  

✅ Enter the deposit amount and currency, then proceed with the deposit process.  

 

Withdrawals 

How to Withdraw using Bank Wire Step by Step 

✅ Access FxPro and select “Withdraw Funds.”  

✅ For withdrawals, select “Bank Wire.”  

✅ Enter the withdrawal amount, currency, and bank information.  

✅ Review the specifics and submit a withdrawal request.  

 

How to Withdraw using Credit or Debit Cards Step by Step 

✅ Navigate to the “Withdraw Funds” section of FxPro.  

✅ Select “Credit/Debit Card” for withdrawal.  

✅ The withdrawal amount and currency should be entered, and the instructions should be followed to complete the process.  

 

How to Withdraw using e-Wallets or Payment Gateways Step by Step 

✅ Navigate to the “Withdraw Funds” section of FxPro.  

✅ Select your preferred payment gateway or e-wallet for withdrawal.  

✅ Complete the withdrawal process per the on-screen instructions.  

If you use your credit card to deposit, you should not wait more than one business day. It might even be processed instantly.

No, to adhere to anti-money laundering regulations, FxPro mandates that withdrawals be processed using the same payment methods as deposits.

Education and Research 

Education and Research 

 

📅 Economic CalendarYes
📍 VPSYes
📊 AutoChartistNo
📶 Trading ViewYes
📡 Trading CentralYes
🌐 Market AnalysisYes
📰 News FeedYes
💻 BlogYes
📚 eBooksNo
📱 Educational VideosYes
🗩 Platform TutorialsYes
🧮 Webinars No

Yes. A blog on the FxPro website allows both novice and seasoned traders to discuss their experiences.

The objective of an economic calendar, such as the one offered by FxPro, is to notify traders of any forthcoming economic events and indicators that may impact markets.

Bonuses and Promotions 

FxPro does not provide bonuses or promotions to unique Mexican traders, as a strong regulatory framework generally discourages using promotional incentives to recruit customers.  

 

This can be detrimental to traders seeking incentive offers; nonetheless, it demonstrates FxPro’s dedication to ensuring that Mexican traders have a transparent trading experience and that local regulations are followed. 

Affiliate Programs 

Affiliate Programs 

 

Features 

Our analysis indicates that the FxPro affiliate program can benefit traders by generating more cash. As a FxPro Introducer, you may qualify for rebates contingent upon your clients’ trading volumes.  

 

One of the program’s selling advantages is its flexibility, which allows partners to get up to 55% of the profits of each active trader they recruit.  

 

We also found that Partner Account Managers are dedicated to assisting partners in Mexico in customizing their affiliate strategies to align with their business objectives.  

 

Furthermore, revenue, trading activity, and client management information is accessible through the dashboard on the FxPro partner portal.  

 

Mexican partners can easily generate distinctive partnership links and obtain exclusive promotional content by employing the IB link builder. Earnings can be estimated using a calculator that evaluates a partner’s trade volume and active referral clients.  

 

FxPro provides diverse withdrawal ways, enabling partners to conveniently access their funds to maintain their financial stability and make additional investments in their business.  

 

The program’s commitment to fostering productive and robust collaborations is reflected in the over $40 million it has distributed to partners over the past two years and its ongoing improvements.  

How to Register an Affiliate Account with FxPro Step-by-Step

Step 1 – Click on the Partner option.

Choose “Partner with us” from the top menu of the homepage, located adjacent to “Company.”  

  How to Register an Affiliate Account Step 1

 

Step 2 – Register an account.

Mexican traders are advised to review the entire FxPro affiliate program. To register, select “Become Introducer.”

How to Register an Affiliate Account Step 2

 

Step 3 – Fill out the form.

A registration form will necessitate your personal information, including your name, email address, phone number, and country of residence. Additionally, you will be required to establish an account password.

How to Register an Affiliate Account Step 3

To earn rewards for bringing clients to FxPro, you should enroll in the FxPro affiliate program. Additionally, you can earn money based on the trading volumes of the referred clients.

Yes, it can be highly profitable for a FxPro Mexican affiliate, as they can receive up to 55% of the revenue a referred client generates.

Customer Support  

Customer SupportFxPro Customer Support
⏰ Operating Hours24/5
🗣 Support LanguagesMultilingual
👥 Live ChatYes
📱 Email Address[email protected]
📞 Telephonic SupportYes
✅ The overall quality of FxPro Support5/5

 

Response Time 

📞 Support Channel⏰ Average Response Time👥 User-based Response Time
Phone5 – 6 minutes4 minutes
Email1 working day24 – 48 hours
Live Chat4 – 7 minutes4 minutes
Social Media3 – 6 minutes5 minutes
Affiliate24 – 48 hours24 – 48 hours

Yes, you can reach FxPro support via phone or, even more ideally, through a live chat feature on their website.

Yes, traders can get support from FxPro’s support team using various social media channels.

Social Responsibility 

Social Responsibility 

 

FxPro is dedicated to preserving corporate social responsibility (CSR) by actively supporting the nutrition, education, and overall quality of life of underprivileged populations through various projects.  

 

In our capacity as reviewers, we discovered that their commitment extends beyond financial assistance and encompasses encouraging employees to fight for subjects they are passionate about.  

 

The “CSR” part of the firm website contains information about various activities, such as FxPro’s support of non-profit organizations such as UNICEF and the Red Cross and regional and global medical or care facilities. Traders can access this information.  

 

For instance, FxPro has donated substantially to the Naked Heart Foundation, a non-profit organization that helps parents of children with disabilities or special needs.  

 

Additionally, our investigation disclosed that they contributed to the United Nations High Commissioner for Refugees (UNHCR) in 2022, a charitable organization that provides relief aid to refugees worldwide.  

User Comments and Reviews 

We looked at several review sites to find some that past customers have left:  

➡️ “For the past few years, FxPro has been my preferred broker, and I have been very satisfied with the service that they provide.” 

➡️ “They provide excellent customer service, and their software is simple to operate.” 

➡️ “If you are seeking a trustworthy broker, I would strongly recommend FxPro to you.”  

➡️ “I appreciate the fact that they provide a variety of platforms. I primarily trade using MT4, and I have found it effective for me.”  

10 Best Forex Brokers in Mexico

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

Read Review

CySEC, MWALI, FSCA

$25

#4

Read Review

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#5

Read Review

FSCA, FSC, ASIC, CySEC, DFSA

$5

#6

Read Review

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

$10

#7

FSA, CySEC, FSCA, FSC

$1

#8

Read Review

ASIC, CySEC, FSCA, FSA

$100

#9

Read Review

CySEC, FCA, FSA, FSCA

$25

#10

Read Review

FCA, CMA, FSC

$200

#1

$100

Minimum Deposit

#2

$0

Minimum Deposit

#3

$25

Minimum Deposit

#4

$10

Minimum Deposit

#5

$5

Minimum Deposit

#6

$10

Minimum Deposit

#7

$1

Minimum Deposit

#8

$100

Minimum Deposit

#9

$25

Minimum Deposit

#10

$200

Minimum Deposit

Conclusion 

FxPro’s offers for traders in Mexico were evaluated, and we determined that it is a reputable broker with a global presence and a comprehensive understanding of the local market.  

 

The extensive selection of account types and easy access to renowned platforms such as MetaTrader 4, FxPro, cTrader, and MetaTrader 5 entice novice and experienced traders.  

 

However, we did identify a few drawbacks. Firstly, we believe that their educational programs could be more specifically geared to the needs of Mexican traders despite the fact that they offer a wide selection of resources.  

 

Secondly, the unavailability of local payment options for deposits and withdrawals in MXN might discourage Mexican traders and subject them to currency conversion charges.  

 

High-frequency traders should meticulously examine the cost structure, notwithstanding the appealing spreads, particularly on the Raw+ and Elite accounts.  

 

Our Insight

We believe that FxPro’s current technology, commitment to customer service, and adherence to laws make it an appealing alternative for Mexican traders seeking an open and all-inclusive trading environment.

Our Recommendations on FxPro

There are many who find that FxPro is an excellent broker. Even though the broker provides a diverse selection of services, there are still a few areas in which it might significantly improve, including the following:  

➡️ Increase the number of local payment options available, such as popular local e-wallets and bank transfers from Mexico, to make it easier for customers to make deposits and withdrawals.  

➡️ FxPro can boost its visibility and win over local traders in Mexico if it forms agreements with regional trading associations or financial institutions in the country.  

➡️ By hosting webinars or seminars in Mexico, FxPro can position itself as a key partner in the Mexican trading community, communicate with local traders, and boost brand recognition.  

➡️ The instructional services should include resources that are geared toward Mexican traders. Some examples of these products include webinars, tutorials, and analyses of the Mexican market.  

FxPro Pros and Cons 

✅ Pros❌ Cons
FxPro offers a fair, safe, and transparent trading environmentCompared to other brokers, the trading costs are not as low
There are three flexible accounts offered to Mexican tradersThere are no local payment methods for deposits or withdrawals from Mexico
There are extensive educational resources availableFxPro is not locally regulated in Mexico
FxPro offers a free and unlimited demo account to tradersThere are no MXN-denominated account options

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Frequently Asked Questions

Yes, FxPro is a well-established online broker that has been offering customers trading services since 2006.

Withdrawals processed over a few hours are normally processed within regular business hours. Withdrawal requests received after regular business hours will be processed the following day.

A few drawbacks are associated with trading with FxPro, such as the imposition of an inactivity fee and the high stock CFD fees.  

Yes, you can rest assured that they will safeguard your money. The reason is that all of the cash belonging to the customers is kept fully separate from the funds belonging to the company itself and is kept in separate bank accounts at renowned European banks. 

Depending on the country in which you reside, FxPro will accept various payment options, including bank wire transfers, credit and debit cards, PayPal, Neteller, and Skrill, among others.  

Yes, FxPro does not charge for basic withdrawals. Some methods may cost you money, so it is best to make sure that you are aware of all the facts of their funding and trading terms.

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