Is FxPro a Scam or Legit?
FxPro holds a valid FCA licence. The number is public and verifiable.
FxPro is regulated under FCA licence 509956, issued to FxPro UK Limited. This licence appears in the FCA public register. FxPro has been operating since 2006 — 20 years. Scam operations do not maintain long-term regulated status.
The FCA registration
| Regulator | FCA |
| Licence number | 509956 ✓ |
| Registered entity | FxPro UK Limited |
| Status | Authorised |
| Register | register.fca.org.uk |
| Years regulated | 20+ |
What FCA regulation means for you
FCA-regulated brokers must keep client funds in accounts segregated from company funds, provide negative balance protection, and contribute to the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per client if the broker becomes insolvent.
All regulatory licences
FxPro holds 4 regulatory licences across different jurisdictions. The entity that applies to your account depends on your country of residence.
| Regulator | Licence | Entity | Max leverage |
|---|---|---|---|
| FCA | 509956 | FxPro UK Limited | 1:30 max |
| CySEC | 078/07 | FxPro Financial Services Ltd | 1:30 max |
| SCB | SIA-F184 | FxPro Global Markets Ltd | 1:500 max |
| FSCA | 45052 | FxPro Financial Services Ltd SA | 1:400 max |
How to verify FxPro yourself
Go to register.fca.org.uk. Enter the licence number 509956 or search by entity name FxPro UK Limited. The result should show the entity name, authorisation status, and the specific regulated activities it is permitted to conduct.
This takes under a minute. If a broker cannot be found on the relevant regulator's register, that is a serious warning sign. All legitimate regulated brokers appear there.
Common complaints and what they mean
Most complaints about FxPro fall into standard categories: withdrawal processing times, spread widening during news events, and account verification requests. These are normal business practices, not indicators of fraud.
None of these patterns indicate fraud. They are the normal complaints of a commercial brokerage enforcing its terms. Real forex scams operate without any regulatory licence, refuse all withdrawals, and disappear with client funds. That is not the profile of FxPro.
Red flags that would indicate a real scam
When researching any broker, watch for these genuine warning signs:
- No licence number listed, or a licence that cannot be found on the official register
- Pressure to deposit more money to unlock withdrawals
- Promises of guaranteed returns or "risk-free" trading
- Platform that only shows profits, never losses
- No physical address or contact information
- Licence from a regulator you have never heard of that has no official website
None of these apply to FxPro. Its FCA licence 509956 is publicly verifiable, it has disclosed offices in London, UK, and it has operated continuously since 2006.
Frequently asked questions
Is FxPro safe to deposit money with?
FxPro is FCA-regulated and client funds are held in segregated accounts. UK clients are also covered by the FSCS up to £85,000. This does not eliminate trading risk, but it protects funds from broker insolvency.
Why do people ask if FxPro is a scam?
Most forex scam searches come from traders who lost money trading. CFD trading is high-risk — 73% of FxPro retail clients lose money. Losing money on a legitimate platform does not make it a scam. Scams refuse all withdrawals and disappear. FxPro has processed billions in withdrawals over 20 years of operation.
Is FxPro regulated in my country?
FxPro holds licences covering 49 countries across 4 regulatory jurisdictions. The entity serving your account depends on your country. Check the full licence table above to find which entity applies to your region.
What happens to my money if FxPro goes bankrupt?
FCA-regulated brokers must hold client funds in segregated bank accounts entirely separate from company operating funds. UK clients also have FSCS protection up to £85,000.