FxPro Transfers EU Client Portfolio to Capital.com in Strategic CySEC Deal

In a notable retail forex industry development, FxPro has agreed to transition its European client accounts held under its Cyprus entity to competitor Capital.com. The exclusive move marks a significant restructuring of client portfolios in the regulated European trading sector.

Peter Aust, Chief Operating Officer at FxPro, clarified the motivations behind the transfer during statements to the press. He characterized the decision as a strategic optimization designed to harmonize the firm's global operations with its evolving long-term growth ambitions, emphasizing that the Cyprus business unit constitutes a minor share of the wider group.

Capital.com issued an official press release confirming that the completion of the transaction remains subject to regulatory review and approval by the Cyprus Securities and Exchange Commission. CySEC's green light is a mandatory prerequisite before any account migration can proceed.

Under the terms discussed by the participating brokers, the transition will not be an automatic blanket transfer for all existing accounts. Capital.com specified that only traders meeting its stringent risk management and onboarding criteria will be accepted into its ecosystem.

Each migrating account holder will undergo individual evaluations regarding client categorization, financial appropriateness, target market suitability, and rigorous Know Your Customer (KYC) requirements.

Retail traders who successfully pass the evaluation process will be integrated into Capital.com's infrastructure. Those who do not meet the criteria will likely need to find alternative brokerage solutions under existing regulatory frameworks.

Industry observers note that such portfolio sales highlight ongoing consolidation and operational refinement among major retail FX brokers operating within strict European regulatory perimeters. PropFXLab will continue to monitor how this transition affects active retail and funded traders in the region.