FxPro FAQ for Traders in South Africa
This page collects short answers to common questions about FxPro, from account types and platforms to costs, funding and verification. The questions below gather account terms and practical steps in one place.
Broker profile
FxPro is a CFD and FX broker whose published range covers forex pairs, shares and indices, as well as metals, energies and crypto CFDs. The company behind it, FxPro Group Limited, is headquartered in London. It is privately held. Its group offices are in the UAE, the Bahamas and Cyprus; clients span 170+ countries, according to FxPro.
- MetaTrader 4
- MetaTrader 5
- cTrader
- FxPro Edge
Costs and platforms
Standard accounts use spreads from 1.2 pips and carry no commission. Raw+ accounts show raw spreads from 0.0 pips and charge $3.50 per lot per side, which is $7.00 for a round trip on one standard lot. A free demo account uses virtual funds and opens from FxPro Direct.
- Standard accounts
- Raw+ accounts
- Free demo account
Money and verification
FxPro states that client funds are held in segregated accounts, separate from the company's own money, with negative balance protection. Deposits and withdrawals carry no charge from FxPro, though your bank or e-wallet may apply its own. Withdrawals return by the method used to fund the account, and timing depends on that method. The usual verification set is two documents: one proves identity, the other proves address.
- Passport or national ID card
- Utility bill or bank statement
Frequently asked questions
What does FxPro offer?
FxPro is a CFD and FX broker. Its published range covers forex pairs, shares and indices, as well as metals, energies and crypto CFDs, with 2,100+ instruments available on MetaTrader 4 and MetaTrader 5, plus cTrader and FxPro Edge.
Which company stands behind FxPro?
FxPro Group Limited has its headquarters in London. The privately held company has group offices in the UAE, the Bahamas and Cyprus, and its clients span 170+ countries, according to FxPro.
Where does FxPro keep client funds?
FxPro states that client money sits in segregated accounts, kept apart from the company's own funds. Negative balance protection keeps an account from falling below zero. That protection covers the account floor; it does not cover trading results.
What are FxPro's trading costs?
On Raw+, the charge is $3.50 per lot per side. A round trip on one standard lot comes to $7.00, and the raw spread starts at 0.0 pips. Standard accounts carry no commission; their cost is built into the spread, which starts at 1.2 pips.
Are there fees when withdrawing from FxPro?
FxPro states that it does not charge for deposits or withdrawals. Any charge that appears is from your bank or e-wallet rather than the broker.
How quickly does an FxPro withdrawal arrive?
It depends on the method. FxPro's published figures list same-day payouts for PayPal, Skrill and Neteller, and 3–5 business days for international bank wires after FxPro processes the request.
Where are FxPro swap rates listed?
Inside the platform. Each instrument's long and short rate is shown in its specification in MetaTrader 4 and MetaTrader 5, while cTrader and FxPro Edge show it in symbol info, and FxPro Direct also displays it. According to FxPro, a version without swaps is available.
Can I open a demo before funding?
Yes. A demo account with virtual funds can be opened through FxPro Direct, and it needs no deposit.
Which documents are needed for verification?
The usual set is two, according to FxPro: a passport or national ID card for identity, and either a utility bill or a bank statement for address. Both upload inside FxPro Direct.
How can I join the FxPro partner programme?
Existing clients can apply inside FxPro Direct; FxPro describes the process as two clicks. Everyone else signs up to the programme, needs approval, and then receives a unique referral link from the portal's link builder.
What is the minimum first deposit at FxPro?
FxPro states a $100 minimum for the first deposit. The figure is quoted in US dollars, so the equivalent in your account currency depends on conversion.
What does the affiliate programme pay?
The programme pays up to $1,100 CPA. That applies to a referred client's first deposit, according to FxPro. Rates vary by region, and new conversions may stay on hold for as long as 30 days during lead qualification.