Broker Dossier
FxPro
FxPro Group Ltd · United Kingdom / Cyprus
Is FxPro reliable? FxPro holds licenses from FCA, CySEC but is not authorized by the SPK in Türkiye, so local investor protection does not apply for Turkish clients.
Verdict
Not SPK AuthorizedFxPro is regulated abroad but is not SPK-authorized in Türkiye; local investor protection is limited.
Risk warning. Leveraged forex trading carries high risk and in Türkiye may only be offered by SPK-authorised intermediaries; leverage is capped at 1:10 (half of that may apply if the initial margin at account opening is below TRY 50,000). This content is not investment advice; user statements belong to their authors.
Pros
- Tier-1 regulator (FCA)
- Verifiable license number
- MT4 / MT5 support
- Established (20+ years)
Cons
- Not SPK-authorized in Türkiye
- Reported user risk signals
Frequently Asked Questions
Is FxPro safe?
Our FX Trust Score for FxPro is 8.1 out of 10. The firm is not authorised by SPK, so legal protection for investors resident in Türkiye is limited. Leading risk flag: spk tarafından yetkilendirilmemiştir. The score is a weighted summary of public data, not a guarantee.
What country is FxPro from?
FxPro (FxPro Group Ltd) states its headquarters as Birleşik Krallık / Kıbrıs, operating since 2006. Registered regulators: FCA (509956), CySEC (078/07).
Which company owns FxPro?
FxPro states that the brand is operated by FxPro Group Ltd. Shareholding structure and ultimate beneficial owners could not be verified from public sources and are therefore not listed here; check the entity in the relevant regulator’s official register.
Is FxPro approved by SPK?
No. FxPro is not authorised by SPK. It declares FCA licences, but those do not confer the right to operate in Türkiye. Only SPK-authorised firms may offer forex in Türkiye.
It is regulated globally; however there is no SPK protection in Türkiye, and leveraged trading carries high risk.
User reports include observations about withdrawal times; details are in the complaints section.