FxPro Deposit and Withdrawal In Detail | Low Fees

Pros

Cons

  • Various base currency options
  • Various deposit and withdrawal options
  • Free deposits and withdrawals
  • None

Introduction

FxPro is one of the most famous Cyprus and worldwide brokers that has a long tracking record since 2006. FxPro is now trusted by over 1.5 million clients from over 170 countries around the world. It’s also regulated by top-tier financial authorities including the FCA, The Financial Conduct Authority. FxPro has a variety of trading products including Forex, CFDs, stocks, metals, and cryptos. The good part is that FxPro has low trading and non-trading fees. FxPro offers a variety of educational materials including video tutorials, articles, and a demo account option.

Account Currencies

The FxPro account has 8 base currency options for your account:

  • EUR
  • USD
  • GBP
  • CHF
  • PLN
  • AUD
  • JPY
  • ZAR

Notes:

  • You will not be charged with conversion fees if your account has the same currency with your bank account or when you trade assets with the same currency of your account.
  • If you want to avoid being charged with conversion fees, you can open a multi-currency bank account at a digital bank.

Deposit

FxPro supports depositing using different methods such that:

  • Bank Wire transfers
  • Credit/Debit Cards
  • PayPal
  • Neteller
  • Skrill
  • UnionPay

Please note that you must withdraw via the same method used to fund your account.

Fees

The FxPro deposits are free of charge on all methods.

Time

For bank transfers, it can take from 3 to 5 days while the electronic wallet transfers take 1 business day to proceed.

It takes from 1 to 3 business days to get your deposit in your trading account according to the method you used like the following table shows.

FxPro Deposit Methods and Fees

Method

Fees

Time

Minimum Deposit Amount

Maximum Deposit Amount

Bank Wire Transfers

FREE

2 – 3 business days

No Minimum

No Maximum

Credit/ Debit Cards

FREE

Within 1 business day

$100

$10,000

Neteller

FREE

Within 1 business day

$100

$10,000

Skrill

FREE

Within 1 business day

$100

$10,000

UnionPay

FREE

Within 1 business day

$100

$7,200

PayPal

FREE

Within 1 business day

$100

$10,000

How to deposit in your account?

  1. Sign in to FxPro Direct with your email and password.
  2. Open the “Wallet” section and click the “Deposit” button.
  3. Now you can choose from a selection of convenient payment methods. All the deposits and withdrawals are processed with no commissions from the FxPro side.
  4. Choose the method and specify the amount you want to deposit. Then fill out payment details and follow the prompts on screen to confirm the payment.
  5. Once approved, the deposited amount will appear in your FxPro Wallet balance, or the trading account specified, and will be displayed in your Transaction History.
  6. Now can now transfer funds to an account and begin trading!

Withdrawal

FxPro allows withdrawals using the same methods as the deposit.

  • Bank Wire transfers
  • Credit/Debit Cards
  • PayPal
  • Neteller
  • Skrill
  • UnionPay

Fees

FxPro charges no withdrawal fees on all methods, but there is a fee for electronic wallets if you withdraw your money without placing any trade.

FxPro Withdrawal Fees

Method

Fees

Time

Minimum Withdrawal Amount

Maximum Withdrawal Amount

Bank Wire Transfers

FREE

3 to 5 business days

$100

No Maximum

Credit/ Debit Cards

FREE

1 business day

No Minimum

$50,000 per day

Neteller

FREE

1 business day

No Minimum

$10,000

Skrill

FREE

1 business day

No Minimum

$10,000

UnionPay

FREE

1 business day

No Minimum

1,000,000 CNY

PayPal

FREE

1 business day

No Minimum

$1,000

Notes:

  • Kindly be informed that you should first refund all your Credit Card, PayPal, and Skrill deposits within the last 6 months to withdraw via the Bank Wire method.
  • For Skrill withdrawals, a fee of up to 2.6% will be incurred if a withdrawal is requested without having traded.
  • For Nete4ller withdrawals, a fee of up to 2% will be incurred if a withdrawal is requested without having traded.

How to withdraw your money from FxPro?

Log in to your FxPro Direct, select ‘Withdraw Funds’ or ‘Wallet’ and choose the transfer method.

FAQs

  1. Does FxPro give a bonus?
  • Unfortunately, No.
  1. Where is my money held?
  • Client funds are fully segregated from the company’s funds and kept in separate bank accounts in major European banks.
  1. Which Credit/ Debit cards does FxPro accept?
  • Visa, Visa Electron, Visa Delta, American Express, MasterCard, Maestro International, and Maestro UK.
  1. When trading forex, will you lose more than your initial deposit?
  • No, as both the MetaTrader 4 and FxPro platforms are set to automatically close your positions when your margin requirement reaches some point % (stop out level). Also, FxPro has negative balance protection to protect your balance from going negative.
  • Please note that this process is automated and does not guarantee that your account will not enter into a negative equity situation. You should keep a balanced amount in your account above your required margin.
  1. Does FxPro accept payments from third parties?
  • No, payments should be from a bank account that holds the same name as yours.

 



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