FxPro vs MTrading Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - FxPro or MTrading?
Our pick: FxPro
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FxPro looks preferable to MTrading.
FxPro scored 4.4/5 and ranks 14 in our all Forex brokers list, whereas MTrading has 3.1/5 and ranks 61.
This is not financial advice. See the full comparison below.
Who is FxPro suitable for?
FxPro is suitable for traders looking for a reliable company with good trading conditions and a wide selection of instruments.
Who is MTrading suitable for?
MTrading is suitable for traders who prefer the MetaTrader 4 platform and a variety of instruments but are ready for potential risks due to lack of regulation.
Comparison Table of FxPro and MTrading
| Broker | FxPro | MTrading |
|---|---|---|
| Rating | 4.4/5 | 3.1/5 |
| Foundation Year | 2006 | 2011 |
| Regulated in Countries | United Kingdom, Cyprus, Bahamas | Saint Vincent and the Grenadines |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:10000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
|
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| Review | FxPro Review | MTrading Review |
FxPro Review
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
FxPro is in the top 10 of the following ratings:
MTrading Review
MTrading offers a variety of trading accounts that can meet the needs of traders with different levels of experience and capital sizes. The wide range of trading instruments available makes this broker attractive for traders seeking to diversify their investments. The copy trades service may also be of interest to beginners who want to profit by following the strategies of successful traders.
MTrading is suitable for new traders, especially those who want to try copying trades and working with various trading instruments on one platform.
Pros and Cons of MTrading
Pros
- Availability of different types of trading accounts.
- Wide range of trading assets.
- Own copy trading platform.
Cons
- Lack of licenses from reputable regulators.
- Limited choice of trading platforms.
- Only one method of communication with support service.
- Absence of some popular deposit and withdrawal methods.
- Sparse analytical and educational materials compared to competitors.
Reliability
| Broker | FxPro | MTrading |
|---|---|---|
| Reliability | 5/5 | 2/5 |
| Foundation Year | 2006 | 2011 |
| Regulated in Countries | United Kingdom, Cyprus, Bahamas | Saint Vincent and the Grenadines |
| Regulators | FCA FCA CySEC CySEC FSCA FSCA SCB SCB | SVGFSA SVGFSA |
FxPro
FxPro shows high reliability and strict compliance with regulatory standards in the financial sector. The company is regulated by several leading authorities worldwide.
MTrading
Broker MTrading is registered in a jurisdiction with limited regulation, which may raise concerns among investors.
Pros
- Company's reputation in the market.
- Measures to ensure the security of client funds.
Cons
- Lack of regulation by major financial authorities.
- Potential risks for investors due to weak regulation.
Account Opening
| Broker | FxPro | MTrading |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
|
|
FxPro
The account opening process is structured but requires more time due to the volume of information needed.
MTrading
Opening an account with MTrading is a simple, convenient, and fast process.
Account Types
| Broker | FxPro | MTrading |
|---|---|---|
| Account Types | 4/5 | 4.3/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:10000 | 1:1000 |
| Trading Assets (CFDs) |
|
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FxPro
FxPro offers various accounts, but the absence of cent accounts and a copy trading service limits options for beginner traders.
Pros
- A wide choice of account types.
- Availability of Islamic accounts.
- Personalized service for owners of Premium accounts.
Cons
- No cent accounts.
- No copy trading service provided.
MTrading
Broker MTrading offers a variety of accounts that meet the needs of different traders, but there are no accounts with fixed spreads.
Pros
- Wide selection for different levels of experience.
- Ability to start trading with small amounts.
- Availability of copy trading service.
Cons
- Absence of accounts with fixed spreads.
Commissions
| Broker | FxPro | MTrading |
|---|---|---|
| Commissions | 3/5 | 1.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.5 | 1.3 |
| Commission per Lot | $3.5 | $4 |
FxPro
FxPro's commissions align with the market average, and the absence of fees for deposits/withdrawals is a benefit.
Pros
- No commission for depositing and withdrawing funds.
Cons
- Inactivity fee charged.
MTrading
MTrading's commissions are above the market average, which can affect the overall profitability of the trader.
Pros
- There are no withdrawal fees.
Cons
- Commission per trade on M.Pro is above average.
- Almost all swaps are negative.
- Additional commission for account inactivity.
Deposit and Withdrawal
| Broker | FxPro | MTrading |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Account Funding Methods |
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FxPro
FxPro offers convenient and flexible options for funding and withdrawal, with most operations not incurring a commission.
MTrading
MTrading offers a limited selection of payment systems, but transactions are fast and commission-free.
Pros
- No commissions for depositing and withdrawing funds.
- Fast execution of payments.
- Support for cryptocurrency payments.
Cons
- Lack of popular methods such as bank transfer and credit cards.
Markets and Products
| Broker | FxPro | MTrading |
|---|---|---|
| Markets and Products | 5/5 | 4/5 |
| Forex | 69 | 38 |
| Precious Metals | 13 | 5 |
| Energy Carriers | 6 | 3 |
| Soft Commodities | 7 | - |
| Indices | 29 | 10 |
| Stocks | 1971 | 87 |
| Cryptocurrency | 28 | 12 |
| ETF | - | 9 |
FxPro
FxPro provides an extensive selection of markets and products for trading. Clients can trade 69 currency pairs on Forex and have access to a broad range of CFDs on indices, stocks, agricultural commodities, oil, precious metals, and cryptocurrencies.
MTrading
MTrading offers a wide range of trading assets, covering major markets and allowing traders to flexibly form their portfolio.
Pros
- Access to 38 currency pairs in the Forex market.
- Ability to trade CFDs on stocks, indices, commodities, and cryptocurrencies.
Cons
- Soft commodities are not available.
- The overall number of CFDs is average, lower than many competitors.
Trading Platforms
| Broker | FxPro | MTrading |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Trading Platforms |
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FxPro
FxPro offers a variety of trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and FxPro Edge. Each platform has several variations that can be downloaded from the broker's official website for free.
MTrading
MTrading focuses on the MetaTrader 4 platform, offering its various modifications, but limits the choice of alternatives.
Pros
- Availability of the time-tested and popular MT4 platform.
- Additional features in MT4 Supreme Edition to enhance trading.
- Ability to trade through a browser with WebTrader.
Cons
- Lack of modern platforms such as MetaTrader 5 or cTrader.
Analytics
| Broker | FxPro | MTrading |
|---|---|---|
| Rating | 5/5 | 3/5 |
FxPro
FxPro offers its clients diverse market analysis services. The company's official YouTube channel also features forecasts, market reviews, and helpful videos.
MTrading
MTrading offers basic analytical tools, but they may seem limited compared to competitors.
Pros
- Access to up-to-date financial market news.
- Technical analysis from the company's experts.
Cons
- Lack of advanced analytical tools.
- No integrated services such as Autochartist or Trading Central are provided.
Education
| Broker | FxPro | MTrading |
|---|---|---|
| Rating | 4/5 | 2.5/5 |
FxPro
The "Education" section on the FxPro website offers a variety of educational materials for traders. The materials provided enable traders to master the basics and deepen their understanding of trading.
Pros
- A variety of educational materials.
- Availability of free courses and accessible online tests for self-assessment.
Cons
- No educational formats such as webinars, seminars, and podcasts.
MTrading
MTrading offers basic educational materials targeted at beginner traders, but their range is limited.
Pros
- Articles on the basics of Forex.
- Overviews of indicators and strategies.
Cons
- Lack of advanced educational resources.
- No webinars or video tutorials are provided.
- Limited variety of topics.
Customer Support
| Broker | FxPro | MTrading |
|---|---|---|
| Rating | 5/5 | 2.5/5 |
| Email Support |
| — |
| Hotline Phones |
| — |
| Social Media |
Facebook
LinkedIn
Twitter
YouTube
Telegram
InstagramFxPro
FxPro has various channels for technical support, including online chat, callback service, and email. Clients can seek help through an international toll-free line or via email.
MTrading
MTrading's technical support has an average level, with certain shortcomings in communication channels and resolving client issues.
Pros
- Availability of online chat for quick communication.
- Support through social media.
Cons
- Lack of telephone line and email support.
- Issues with response timeliness.
- Complaints about ineffective resolution of finance-related issues.
Comparisons of FxPro and MTrading with other brokers
Conclusion
FxPro stands out as the better overall pick, while MTrading trails on aggregate criteria.
FxPro scored 4.4/5 and ranks 14 in our rating; MTrading has 3.1/5 and ranks 61.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: FxPro or MTrading?
FxPro comes out ahead by overall rank (score 4.4/5, position 14) versus MTrading (score 3.1/5, position 61).
Which broker is better for beginners: FxPro or MTrading?
FxPro is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — FxPro or MTrading?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with FxPro and MTrading?
FxPro: MetaTrader 4, FxPro Edge, MetaTrader 5, cTrader. MTrading: MetaTrader 4. See the “Platforms” section for details and selection tips.
What markets can you trade with FxPro and MTrading?
FxPro: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. MTrading: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FxPro and MTrading?
FxPro: Standard, Pro Account, Raw+, Elite, cTrader. MTrading: M.Cent, M.Premium, M.Pro. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FxPro and MTrading?
FxPro: Skrill, Neteller, Perfect Money, Swift, SEPA, Visa, Mastercard, Maestro, UnionPay. MTrading: Neteller, Skrill. Check method-specific fees/settlement times.
Which broker is safer — FxPro or MTrading — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
