The minimum deposit with FxPro is $100 for every account type offered by the broker, with the only exception being the FxPro VIP Account which requires a minimum deposit of $50.000.
Here we will focus on fundamental aspects of the FxPro Minimum Deposit that you need to know about, including any fees attached, base currencies and payment methods.
Table of Content
|Features||FxPro Minimum Deposit|
|FxPro MT4 Account||$100|
|FxPro MT5 Account||$100|
|FxPro cTrader Account||$100|
|FxPro Spread Betting Account||£100|
|FxPro Islamic Account||$100|
|FxPro VIP Account||$50.000|
|Base Currencies||EUR, USD, GBP, ZAR, CHF, PLN, AUD, JPY|
Visit FxPro (72.87% of retail CFD accounts lose money).
We have prepared for you an article about the account types offered by the broker in case you want to find out more: here’s our FxPro account types guide.
FxPro Account Base Currency
The account base currency is important to know so that you can be aware of which currencies you can deposit and trade in. As a major broker, FxPro makes several choices available. These choices include:
- ZAR (available for clients of FxPro Financial Services Limited & FxPro Global Markets).
FxPro Funding and Deposit Methods
As you would expect with any of the best forex trading low minimum deposit forex brokers, there are a variety of methods to choose from when it comes to funding your account.
Here are the potential choices for your minimum deposit with FxPro.
The first of the FxPro deposit methods is Bank transfer, the mainstay method available from all reputed brokers. Here the deposits are available all around the world and there are no attached fees. With that said, your own bank may apply some kind of fee to the transaction so it is better for you to check with them first to be sure.
A wide range of currencies are available depending on your place of regulation and location. These include the USD, EUR, and GBP which are available worldwide. CHF, JPY, PLN, and AUD are also available in all areas, and finally, ZAR is available under both CySEC and SCB regulatory authorities.
Local bank transfers are also accepted. In these cases you just have to remain mindful that you may be charged a conversion fee if the currency you deposit does not match the available base currencies.
Credit and debit card deposits with FxPro are both available worldwide.
The minimum deposit for FxPro here varies depending on which currency you deposit but generally, the minimum amount is 100 in your chosen deposit currency with the exception of the Japanese Yen which requires a 10,000 Yen minimum deposit.
This form of deposit with FxPro is fee-free and effectively instant: it usually takes a maximum of 10 minutes to process.
There are several eWallet deposit methods to choose from with FxPro.
These methods are available only if you are within the CySEC or Global Market regulatory area. There are no fees associated with these types of deposits and again they should be available within a maximum of 10 minutes.
Paypal deposits are one of the methods facilitated under CySEC regulation only. They accept a minimum deposit of 100 USD/EUR/GBP/CHF, or alternatively 400 PLN, or 10,000 JPY.
FxPro Skrill deposits are again available under CySEC regulation as well as SCB within the Global Markets area. This is the case for the majority of countries under these regulations although precise availability may vary.
Here as with Paypal, you can deposit with 100 USD/EUR/GBP/CHF, 400 PLN, or 10,000 JPY.
FxPro Neteller are the final type of eWallet deposits available and are also accessible under CySEC or SCB regulation with the same minimum FxPro deposit of 100 USD/EUR/GBP/CHF, 400 PLN, or 10,000 JPY.
Other FxPro deposit methods are available although these will depend on the country you are trading from. Such examples include China UnionPay deposits which are available in China and deposited as USD within a period of 10 minutes maximum. The minimum FxPro deposit for this method is 100 USD.
Meanwhile, Bitcoin and other cryptocurrency deposit methods are not available at the current time.
How to fund your FxPro account: steps by steps tutorial
Wondering how to open and fund your FxPro account (61% of retail CFD accounts lose money)? Here’s what you should do:
- Start by opening a demo account or a live account.
– If you’re a beginner, the best option would be opening a demo account and practicing in a free-risk environment with virtual money. Should you want to know more, you can read our best forex demo account. Then, whenever you’re ready, you can upgrade to a FxPro. live account
– If you’re not a beginner, you can start right away by opening a FxPro live account.
- Provide the documents to prove your identity and residence so that FxPro can verify your account. A passport or ID, and a bill utility or bank statement, are what you need.
- As soon as the broker verifies your account, make the first deposit. Choose one of the methods mentioned above, keep in mind the minimum deposit limit requirement and choose the best base currency for your needs.
- After you have done the deposit, just wait for it to be processed. It may take a little longer for the first deposit to be processed. Now you’re free to start trading and withdraw from your account anytime you want.
FxPro Minimum deposit: Comparison with other major brokers
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money
|Minimum Deposit||$100||$5||$0 ($200 recommended)|
|Number of deposit methods||7||6||9|
|Account currencies||USD, GBP, EUR, AUD, JPY, PLN, CHF, ZAR||USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR||AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD|
FxPro Deposit Bonus
When it comes to FxPro bonus amounts, unfortunately, there are currently no types of trading or no deposit bonuses available to traders.
If you still want to know what are the best forex brokers bonus promotions around check this article. Remember though that no bonuses are available within Europe.
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