FxPro is a forex and CFD broker whose main company has been licensed in Cyprus since 2007. EU clients deal with FxPro Financial Services Ltd (CySEC), UK clients with FxPro UK Limited (FCA, according to the firm) and international clients with FxPro Global Markets Ltd in the Bahamas; FxPro also trades through Invemonde Trading Ltd in the Seychelles and, in partnership, Prime Ash Capital Limited in Mauritius. The parent is FxPro Group Limited.
Research-based assessment This profile has not completed TTI’s on-site verification and 30-day platform review. How TTI verification works
| Regulator | Licence | Legal entity | Register status | Source |
|---|---|---|---|---|
| Cyprus Securities and Exchange Commission (CySEC) | 078/07 | FxPro Financial Services Ltd | Authorised Checked 4 Oct 2026 | Register entry for FxPro Financial Services Ltd (opens in a new tab) 1 |
| Securities Commission of The Bahamas (SCB) | SIA-F184 | FxPro Global Markets Ltd | Authorised Checked 4 Oct 2026 | Register entry for FxPro Global Markets Ltd (opens in a new tab) 3 |
| Financial Services Authority Seychelles (FSA) | No reference | Invemonde Trading Ltd | Authorised Checked 4 Oct 2026 | Register entry for Invemonde Trading Ltd (opens in a new tab) 4 |
Each licence was matched on the regulator’s own register on the date shown. Unverified claims are listed under Regulation and legal entities.
FxPro’s Cyprus, Bahamas and Seychelles companies are on their regulators’ lists, but its UK company is missing from the FCA’s list of investment firms and we could not confirm its authorisation, nor the Mauritius partner’s licence. All its agreements describe segregated client money and negative balance protection, and EU and UK clients have compensation schemes and an ombudsman; the UK, Bahamas and Mauritius agreements, however, say client money loses that status once it is used as margin, and international clients have no compensation scheme or independent dispute body. Ownership is only partly visible: Denis Sukhotin controls the UK company, but the group publishes no structure, management or accounts beyond the UK. The regulatory record is light: a 2024 Brazilian stop order against the holding company and five companies, a 2009 one, and a 2021 Malaysian alert-list entry. FxPro’s websites refused our automated requests, so its costs, leverage, withdrawals, risk warnings and marketing claims are not determined.
Each client agreement names the contracting company, its regulator and licence number; Prime Ash Capital’s agreement explains its partnership with FxPro Global Markets.
Companies House names Denis Sukhotin as the only person with significant control of the UK company, with more than 25% of shares and the right to appoint directors; the group parent is FxPro Group Limited.
The licences we could check are current, with no suspension or restriction shown.
The agreements give the full names, registration numbers and registered addresses of the Cyprus, UK, Bahamas and Mauritius companies.
FxPro’s execution policy says it applies negative balance protection to all clients regardless of category, and the Cyprus and Bahamas risk notices say clients cannot lose more than their initial investment.
Reduced the enforcement dimension by 10 points (moderate severity, 1.9 years before the review).
Reduced the enforcement dimension by 1 points (low severity, 5.8 years before the review, counted at half weight).
Partly met We matched FxPro Financial Services on CySEC’s register, FxPro Global Markets on the Bahamas regulator’s list and Invemonde Trading, trading as FxPro, on the Seychelles FSA’s list. FxPro UK Limited is not in the FCA’s list of investment firms and we could not load its register page, and we could not check Prime Ash Capital’s Mauritius licence.
Partly met The CySEC and Bahamas licences in FxPro’s agreements match the registers. We could not confirm the FCA, FSCA and Mauritius authorisations, or read the claims on FxPro’s websites.
Partly met The Cyprus agreement treats client money under the client money rules at all times, but the UK, Bahamas and Mauritius agreements say money stops being client money once it is placed as margin for open positions.
Each dimension is scored from its criteria, then weighted. Dimensions without enough evidence are left out and the remaining weights are rescaled. Open a dimension to see every criterion, our rationale and the sources.
Whether the firm’s licences exist, are current and cover what it offers.
Client-facing entities appear on the regulator’s register 123456
We matched FxPro Financial Services on CySEC’s register, FxPro Global Markets on the Bahamas regulator’s list and Invemonde Trading, trading as FxPro, on the Seychelles FSA’s list. FxPro UK Limited is not in the FCA’s list of investment firms and we could not load its register page, and we could not check Prime Ash Capital’s Mauritius licence.
Permissions cover the services offered 134
CySEC lists execution of orders and dealing on own account for FxPro Financial Services, the Bahamas regulator lists dealing as principal and trading CFDs, and the FSA lists Invemonde as a securities dealer. We could not see the UK and Mauritius permissions on a register.
Criteria and their weighting are explained in the methodology.
Whether you can find out who owns and runs the firm.
Directors or senior managers are identified 10
Companies House lists the UK company’s directors, but we found no published management or board for the group or its other companies.
Criteria and their weighting are explained in the methodology.
What protects client money if something goes wrong.
Criteria and their weighting are explained in the methodology.
Regulator warnings, enforcement actions and final legal findings on record.
Starts at 100 and loses points for each substantiated adverse finding by severity and age. Allegations, complaints and clone warnings never count. Total deducted: 11 points.
Warning lists and enforcement records have been searched 12171819
We searched CySEC, FCA and CVM records and the Indian and Malaysian alert lists, and ran web searches for other actions. The searches are listed in the source note. The Japan FSA’s list of warned unregistered firms (September 2026) includes FxPro Financial Services Ltd and FxPro UK Limited (2013).
Listed on the Securities Commission Malaysia Investor Alert List 17
1 Jan 2021. Reduced the enforcement dimension by 1 points (low severity, 5.8 years before the review, counted at half weight).
Brazil’s CVM stop order against FxPro Financial Services Ltd (2009) 24
3 Dec 2009. Not counted: more than 10 years old at the review date.
Warned by Japan’s Financial Services Agency in 2013 for derivatives business without registration 19
27 Jun 2013. Not counted: more than 10 years old at the review date.
Criteria and their weighting are explained in the methodology.
How the firm handles complaints, and what independent records show.
Independent complaint outcomes show no adverse pattern 21
The ombudsman published one decision on FxPro UK Limited in three years, which it upheld; that is too few to show a pattern.
Complaint data is disclosed 22
FxPro’s UK company is below the thresholds for the FCA’s and the ombudsman’s firm-level tables, and FxPro’s websites refused our requests, so we could not check whether it publishes complaint statistics.
Criteria and their weighting are explained in the methodology.
Whether costs, execution and risks are disclosed before you sign up.
Risk warnings are clear and current 9
We could not access FxPro’s websites to check its risk warnings.
Criteria and their weighting are explained in the methodology.
Whether public claims hold up and the firm communicates openly.
Marketing claims are accurate and attributable 9
We could not access FxPro’s marketing pages.
Criteria and their weighting are explained in the methodology.
What our visit confirmed in person: a real, staffed office of the assessed entity, not a ghost address.
We have not checked this firm’s office in person, so this dimension scores zero. We check offices through our on-site verification programme.
Real office at the stated address, not a ghost address
Office of the assessed entity
Staffed and operating
Criteria and their weighting are explained in the methodology.
What our on-site checks and 30-day platform testing found.
We have not completed an on-site assessment of this firm, so this dimension does not count and its weight is shared among the others.
Company identity
Regulatory claims
Office visit
Account opening
Platform usability
Costs and disclosures
Customer support
Deposits and withdrawals
Trading functions
Complaints process
Criteria and their weighting are explained in the methodology.
A brand can trade through several companies, each licensed in a different place with different protections. Check which entity your account would be with.
Cyprus Securities and Exchange Commission (CySEC) · Reference 078/07 1
Financial Sector Conduct Authority (FSCA) · Reference FSP 45052 7
Stated in the client agreement. The FSCA register returned an error when we tried it.
Financial Conduct Authority (FCA) · Reference 509956 5
FxPro states this FCA number. The firm is not in the FCA’s list of investment firms (data as at 3 October 2026), and the FCA register page needs a browser.
Securities Commission of The Bahamas (SCB) · Reference SIA-F184 3
Listed by the SCB as at 31 August 2026; the licence number is FxPro’s own (the list shows none).
Financial Services Authority Seychelles (FSA) 4
Financial Services Commission, Mauritius (FSC) · Reference GB21026568 6
Investment dealer
The FSC Mauritius register refused our requests.
Dubai Financial Services Authority (DFSA) · Reference F003333 11
The DFSA register refused our requests.
No licence recorded for this entity.
Warnings, enforcement actions, legal findings, allegations and complaint records are labelled separately. What each label means.
On 7 November 2024 the CVM said FxPro Group Limited, FxPro Financial Services Ltd, FxPro UK Limited, FxPro Global Markets Ltd, Prime Ash Capital Limited and Pro Global Ltd used www.fxpro.com, pt.fxpro.com and www.fxpro.investments to seek clients resident in Brazil without authorisation. By Ato Declaratório 22.700 of 5 November 2024 it ordered them to stop offering securities intermediation services, under a daily fine of BRL 1,000 for non-compliance.
The Securities Commission Malaysia’s Investor Alert List includes “FxPro” (www.fxpro.com.my, www.fxpro.com and www.fxpro.investments) for carrying on unregulated activities. The list records the entry under the year 2021 without a specific date; we use 1 January 2021. The entry was still on the list when we checked on 4 October 2026.
On 27 June 2013 Japan’s Financial Services Agency warned FxPro Financial Services Ltd and FxPro UK Limited for offering over-the-counter derivatives trading over the internet without registration in Japan.
The CVM’s dataset records Ato Declaratório 10.720 of 3 December 2009 against FxPro Financial Services Ltd, a stop order on offering services in Brazil, published on 4 December 2009. It is more than ten years old and no longer affects the score.
Firms can respond to their profile and to any finding. No response has been published for FxPro. How firms can respond.
| Review date | Result | Methodology | Status |
|---|---|---|---|
| 6 Oct 2026 | Trust score 80 out of 100 Strong | 1.2 | Current |
No corrections have been made to this profile.
Licence 078/07 granted on 5 March 2007, company registration 181344, previous name Euroorient Securities and Financial Services Ltd, address 5 Dimokratias, Ergates, Nicosia. Approved domains include www.fxpro.com, www.fxpro.co.uk and www.fxpro.com.my. Services include reception, transmission and execution of orders and dealing on own account.
The list of FCA investment firms, with data as at 3 October 2026, does not include FxPro UK Limited or FRN 509956.
Lists FxPro Global Markets Ltd. at Lyford Manor, Western Road, Nassau, registered for dealing in capital market instruments as agent or principal and trading CFDs. The list does not show licence numbers.
Lists Invemonde Trading Ltd among licensed securities dealers at Oliver Maradan Building, Victoria, Mahe, with the trade name FxPro, the email support@fxpro.com and the website www.fxpro.com. The register does not show licence numbers.
Terms of the UK company (06925128, FCA 509956, 80 Coleman Street, London). Money deposited is client money held in segregated omnibus accounts at UK credit institutions, but ceases to be client money when it is placed as margin for open positions, and the firm may set off unrealised losses against client money. Clients may be entitled to FSCS compensation and can complain to the Financial Ombudsman Service. Refers to a negative balance protection policy. A USD 10 maintenance fee and USD 10 a month apply after six months of inactivity. Material changes take effect on the date given in the notice, with the right to cancel.
Terms under which Prime Ash Capital Limited, a Mauritius company licensed as an investment dealer by the Financial Services Commission (GB21026568), provides FxPro’s services in partnership with FxPro Global Markets Ltd. Client money is held in segregated accounts separate from both companies’ money, but ceases to be client money when placed as margin.
Terms of the Cyprus company (HE181344, CySEC 078/07, registered address Karyatidon 1, Ypsonas, Limassol), which says it is also authorised by South Africa’s FSCA as a financial services provider (45052). Client money is treated under the client money rules at all times and held in segregated omnibus accounts with financial institutions in or outside the EEA. Refers to the Investor Compensation Fund notice and to the Financial Ombudsman of Cyprus. Inactive accounts incur USD 10 a month after six months. Material changes take effect on the date given in the notice, with the right to cancel.
Terms of the Bahamas company (198285 B, Securities Commission of The Bahamas licence SIA-F184, Lyford Manor, Nassau). Client money is held in segregated omnibus accounts, but ceases to be client money when it is placed as margin for open positions. Refers to a negative balance protection policy. No compensation scheme is named. Withdrawal times are on the website.
FxPro’s websites refused our automated requests on 4 October 2026 (a Cloudflare block page), so we could not read their pricing, leverage, risk warning, funding or marketing pages. We used the documents FxPro publishes on its document store instead.
Registered office 80 Coleman Street, London EC2R 5BJ. Directors: Avril Chisholm Millar and Denis Sukhotin. Denis Sukhotin is the only person with significant control, holding more than 25% but not more than 50% of shares and the right to appoint or remove directors. Full accounts for 2025 were filed on 17 April 2026.
States that FxPro Global Markets MENA Limited, a wholly owned subsidiary of FxPro Group Limited, is incorporated in the DIFC (registration 2514) and licensed by the DFSA (F003333), at Index Tower, DIFC. The document dates from 2017.
Market alert published on 7 November 2024: FxPro Group Limited, FxPro Financial Services Ltd, FxPro UK Limited, FxPro Global Markets Ltd, Prime Ash Capital Limited and Pro Global Ltd presented themselves as responsible for www.fxpro.com, pt.fxpro.com and www.fxpro.investments and used them to seek clients resident in Brazil without CVM authorisation. By Ato Declaratório 22.700 the CVM ordered them to stop offering securities intermediation services, under a daily fine of BRL 1,000.
States that under FxPro’s negative balance protection clients may not lose more than their initial investment, that FxPro is the counterparty to client trades, and explains stop-outs.
States that under negative balance protection clients may not lose more than their initial investment and that FxPro is the counterparty to their trades.
Explains that FxPro acts as principal and is the execution venue for client orders, the execution factors and monitoring, and that it applies negative balance protection for all clients regardless of categorisation.
Describes the Investor Compensation Fund for clients of Cyprus investment firms that are not credit institutions. Covered non-professional clients can claim the lower of 90% of their covered claims and EUR 20,000 if a member firm cannot meet its obligations.
Includes an entry dated 2021 for “FxPro” (www.fxpro.com.my, www.fxpro.com and www.fxpro.investments) for carrying on unregulated activities. Other entries using the FxPro name are clones and are not findings about FxPro.
On 4 October 2026 we searched CySEC’s 1,173 board decisions, the FCA’s list, the CVM’s declaratory acts, KNF’s lists and the Indian, Securities Commission Malaysia and Bank Negara Malaysia alert lists, and ran web searches for actions by the FCA, the SCB, the FSCA and others. The findings on this profile are what we found. Bank Negara Malaysia’s entry for “FxPro Global” and other Malaysian entries using the name are potential clones, not findings about FxPro.
Lists FxPro Financial Services Ltd (Limassol) and FxPro UK Limited (London), both warned on 27 June 2013 for offering over-the-counter derivatives trading over the internet without registration in Japan.
Complaints go by email to compliance@fxpro.global; receipt is acknowledged within five business days and the company replies within 40 business days. Unsatisfied clients can contact the Securities Commission of The Bahamas; no independent dispute body is named.
Between 4 October 2023 and 4 October 2026 the ombudsman published one decision about FxPro UK Limited, which it upheld.
Neither dataset includes FxPro UK Limited; both publish firm-level figures only above minimum complaint volumes.
Explains how the UK company executes client orders as principal, the execution factors and how it monitors execution quality.
Records Ato Declaratório 22.700 of 5 November 2024 against FxPro Group Limited, FxPro Global Markets Ltd, FxPro UK Limited and FxPro Financial Services Ltd, published on 7 November 2024, and an earlier Ato Declaratório 10.720 of 3 December 2009 against FxPro Financial Services Ltd, published on 4 December 2009.
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