Visit to the FxPro Cyprus Office | Photos and Video Report

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We checked the office of the FxPro brokerage company in Cyprus, which is located at the following address according to the information on the company’s website:

Karyatidon 1, Ypsonas 4193, Cyprus

Verified the company's address

* The results of this inspection shall not be regarded as an advice to choose the broker.

The company is located at the stated address
We were able to speak to a company representative
We were able to visit the office as clients
Video of the company’s office and an interview with FxPro

Cyprus is one of the most popular jurisdictions for Forex companies. The Cyprus Securities and Exchange Commission (CySec) is a Tier-1 regulator, which means it adheres to stringent regulatory standards set by the European Union.

Traders Union's goal is to help traders understand the operation of FxPro under CySEC regulation. Recently, Traders Union visited the office of FxPro to verify that the company is genuinely operating in Cyprus and providing services there.

In this article, you will also find all the important information about the broker's regulation under CySEC and other jurisdictions.

Brief dossier of FxPro

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Foundation date	2006
Headquarters	FxPro UK HQ 13-14 Basinghall str., City of London, EC2V 5BQ, UK
Regulation	FCA, CYSEC, FSCA, SCB, FSA (Seychelles) Licence number: 509956, 078/07, 45052, SIA-F184.
Official site	https://fxpro.com, https://www.cis-fxpro.com/
Contacts	Email: support@fxpro.com, Phone: +44 (0) 203 151 5550, 08000 463 050

A visit to the office of FxPro in Cyprus

Blinov Vasily, our associate, visited the office of FxPro located at the following address: Karyatidon 1, Ypsonas 4193, Cyprus to conduct a thorough inspection and prepare a video report. Blinov Vasily is an experienced professional with extensive knowledge of the Forex market and methods of research.

Upon arriving at the address, our representative saw a modern building branded in the style of the company, making an impression on him at first sight. Bright red gates with the company’s white logo and slogan, originally designed bridge leading to the central entrance and green territory attract the attention not only of the clients who come to visit the office, but also the people who are simply passing by.

FxPro Office

At the entrance to the FxPro office, we were met by a receptionist, who led us to a spacious hall that is, once again, stylized in the company’s colors. The scale of the design fully reflects the company’s slogan “Trade Like a Pro”, because you can literally see professional approach to business in every little detail.

FxPro Office

From the spacious hall, company representatives gave us a tour of the offices in the building, where the most interesting ideas for bonuses and new offers from the company are created, where company representatives communicate with clients, and where the technical part of the project is maintained.

FxPro Office

The R&R zone for the company employees also turned out to be attractive. After all, if the company creates comfortable conditions for those who support the operation of the project, the clients will also receive high-quality service.

FxPro Office

A video report of the visit to the broker’s office

Our goal is to provide clients with full and impartial information about operation of the brokerage company, and we are sharing the results of its inspection in the format of a video report.

Office of the FxPro brokerage company: Karyatidon 1, Ypsonas 4193, Cyprus

While visiting the company’s office, we also had an opportunity to speak to FXPro Business Development Manager (CIS) Stanislav Ukhlovtsev, who told us about the company’s features, its operation in Europe and beyond, licenses, methods of protection of client funds, various trading and payment instruments available to clients, expansion of the choice of trading accounts and many other advantages of working with FXPro.

Interview with FXPro Business Development Manager (CIS) Stanislav Ukhlovtsev, exclusively for TU

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Is a FxPro safe broker?

Traders Union experts believe that FxPro is a safe broker. This is evidenced by several factors, including:

Tier-1 Regulation: Regulated by a Tier-1 authorities.
Investor Protection Fund: Participation in the Investor Compensation Fund.
Segregated Accounts: Client funds are kept separate from company funds.
Longevity: FxPro has a long history of reliable operating.

FxPro safety and regulation

All FxPro regulator	Country of regulation	Regulation level	Investor protection fund	Segregated Account
CySec	Cyprus	Tier-1	Up to €20,000	Yes
FCA UK	United Kingdom	Tier-1	Up to £85,000	Yes
FSA (Seychelles)	Seychelles	Tier-3	No specific fund	Yes
FSCA SA	South Africa	Tier-2	No specific fund	Yes
SCB	Bahamas	Tier-2	No specific fund	Yes

How does CySEC regulation protect investors?

EU Rules Compliance: Adheres to EU regulations on leverage. Limits leverage to a maximum of 30:1 for major currency pairs to reduce risk.
Investor Compensation Fund (ICF): Provides up to €20,000 compensation per client if the broker becomes insolvent.
Transparency and Accountability: Ensures brokers operate with high standards of transparency.
Client Fund Segregation: Requires brokers to keep client funds separate from company funds.
Strict Licensing: Only grants licenses to brokers meeting rigorous standards.
Continuous Monitoring: Regular audits and oversight to ensure compliance.

Beyond the office: practical advice for Forex investors

As we conclude our in-depth look at the broker's operations in this country, we’d like to offer additional advice for traders, considering this broker:

When reading about office visits, pay close attention to the level of transparency exhibited by the broker during these interactions. A broker's willingness to openly showcase their operations and candidly answer questions during third-party visits, such as those conducted by Traders Union, is a positive indicator of their business practices.

In the case of any broker, including FxPro, their openness about risk management protocols, order execution processes, and client fund segregation practices during office visits aligns with industry best practices. Remember, transparency isn't just about what a broker shows, but also how they respond to challenging questions.

Brokers who provide detailed, honest answers to queries about their business model, including potential conflicts of interest, tend to have 40% fewer regulatory issues over a five-year period.