FxPro Account Types offers four different live trading accounts: Standard, Pro, Raw+, and Elite. The minimum deposit required to open an FxPro Account is $100 / 1700 ZAR USD.
FxPro Account Types - Key Point Quick Overview
- ☑️Overview
- ☑️FxPro Account Types
- ☑️How to Open a FxPro Account – A Step-By-Step Guide
- ☑️FxPro at a Glance
- ☑️FxPro Customer Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
Overview
- FxPro offers access to Contracts for Difference (CFDs) on 6 asset classes, top-tier liquidity, and advanced trade execution with no dealing desk intervention.
- Furthermore, FXPro offers various account types with excellent trading conditions and ultra-fast execution.
- FxPro is available to South African traders.
- It was founded in 2006 and has gained popularity with traders because of its access to different markets, including forex, indices, commodities, and cryptocurrencies.
FxPro Account Types
- FxPro offers several different types of accounts to accommodate various types of traders.
- The Standard Account requires a minimum deposit of $100 / 1700 ZAR, and its spreads are quite low. Its maximum leverage can go as high as 500:1.
- On the other hand, a cTrader account is meant for more sophisticated traders who want to use advanced technical analysis on the financial markets.
- There is also an MT5 account specifically for those who want to trade through this platform with at least a $500 / 9100 deposit and a 500 times margin.
| 🔎 Account | 🏅 Standard | 🥉 Pro | 🥈 Raw+ | 🥇 Elite |
| 💰 Minimum Deposit | $100 USD | $1000 USD | $1000 USD | $30'000 USD |
| 🔁 Spreads from | 1.2 Pips | 0.6 Pips | 0 Pips | 0 Pips |
| 📉 Leverage | 1:500 | 1:500 | 1:500 | 1:500 |
| 💻 Trading Platforms | MT4 / MT5 | MT4 | MT4 | MT4 |
| 📝Sign up | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Standard Account
- The Standard Account at FxPro is designed for beginners and casual traders who prefer a simple pricing structure.
- It offers commission-free trading, with costs built into slightly wider spreads starting from around 1.2 pips.
- This account supports micro-lot trading and is available on both MetaTrader 4 and MetaTrader 5, making it accessible and easy to use for those new to forex trading.
Raw+ Account
- The Raw+ Account is tailored for more experienced or active traders who require tighter spreads and more precise pricing.
- It provides raw spreads starting from 0.0 pips, combined with a low commission (around $3.50 per lot per side).
- This structure reduces overall trading costs for high-frequency traders and scalpers, making it a popular choice for those prioritizing execution efficiency and cost control.
Elite Account
- The Elite Account is a premium option aimed at high-volume traders seeking additional benefits.
- It offers the same zero-spread environment as the Raw+ account, but includes rebates on trading commissions (up to around 21%), effectively lowering trading costs further.
- This account is ideal for professional traders or institutions looking for VIP-style conditions and enhanced profitability through volume-based incentives.
cTrader Account
- The cTrader Account is designed for traders who prefer the cTrader platform and ECN-style execution.
- It features ultra-low spreads from around 0.2 pips and a competitive commission structure.
- This account is particularly suited for algorithmic traders, scalpers, and advanced users, offering depth of market (DOM), fast execution, and advanced order types not typically available on standard MetaTrader accounts.
Islamic Account
- The broker offers Islamic swap-free trading at a standard trading account level.
- FxPro offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.
| 🔎 Broker |  |
| ☪️ Islamic Account | Yes |
| 🔁 Swap-Free | Yes |
| 📍 Registration | Via Customer Support |
| 📝Sign up | 👉 Open Account |
Demo Account
- The broker does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment.
- The FxPro demo account expires after 180 days.
| 🔎 Broker | |
| 🪙 Pricing | Real-Time |
| 💳 Virtual Funds | 100K |
| 💵 Base Currencies | 8 |
| ⚙️ Life Span | 180 Days |
| 📝Sign up | 👉 Open Account |
How to Open a FxPro Account - A Step-By-Step Guide
Step 1: Start the FxPro Account Registration.
- To register an account with FxPro, the applicant can click on the gold "Register" button at the top of the webpage.
Step 2: Complete Personal Details
- The Second step in the registration process is to select the country of residence and enter an email plus a password.
Step 3: Complete the FxPro Account Registration
- To complete the account registration, the applicant must provide personal information such as First and Last Name, Date of Birth, and contact details.
🏆10 Best Forex Brokers in South Africa
| Rank | Broker | Broker Review | Regulators | Minimum Deposit | Visit Broker |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | Visit Now |
| 🥈 |  | Read Review | FSCA, FCA, DFSA, FSA, CMA | $0 | Visit Now |
| 🥉 |  | Read Review | CySEC, IFSC, DFSA, FCA | $5 | Visit Now |
| 4 |  | Read Review | ASIC, CySEC, FSA, SCB | $0 | Visit Now |
| 5 |  | Read Review | FSA, FSCA | $250 | Visit Now |
| 6 |  | Read Review | FSA, FSC, FSCA, ASIC, CMA | $20 | Visit Now |
| 7 |  | Read Review | FSC, FSCA | $50 | Visit Now |
| 8 |  | Read Review | ASIC, CySEC, FSCA, FSA, FSC, CMA | $100 | Visit Now |
| 9 |  | Read Review | CySEC, MWALI, FSCA | $25 | Visit Now |
| 10 |  | Read Review | FSA, CySEC, FSCA, FSC | $10 | Visit Now |
FxPro at a Glance
| 🔎 Broker | |
| ⚖️Regulation | FCA (United Kingdom), SCB (Bahamas) |
| 💶 Minimum Deposit | $100 USD / 1700 ZAR |
| 💳 Funding Fees | 0% |
| 📉 Micro Lot Trading | 0.01 |
| ⚙️ Instruments | 2100+ |
| ➡️ Ultra-fast Execution | <13ms |
| 📈 Leverage | Offers various leverage levels based on account type and regulatory requirements. |
| 🔍 Asset Classes | 6 |
| 📌 Forex | Yes |
| 📍 Shares | Yes |
| ©️ cTrader | Yes |
| 🆓 Demo Account | Yes |
| 👥Account Types | Offers a variety of account types to suit different trading styles, including Standard, MT4, MT5, and ECN accounts. |
| 💻Trading Platforms | Provides access to popular trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). |
| 📊Spreads | Competitive spreads on a wide range of instruments. |
| 📐Market Instruments | Offers forex, CFDs on indices, commodities, shares, and cryptocurrencies. |
| 💳Deposit/Withdrawal Methods | Supports various deposit and withdrawal methods, including credit/debit cards, wire transfers, and electronic payment systems. |
| 👍PAMM Accounts | Yes |
| 🫶 Affiliate Program | Yes |
| 🇿🇦 Offers USD/ZAR currency pair | Yes |
| 🎥FxPro Webinars | Yes |
| 📌Research Tools | Economic Calendar, Market Analysis, Autochartist |
| 🎖Awards | Yes |
| ☎️Customer Support | Provides multi-lingual customer support through various channels, including live chat, email, and phone. |
| 🗺 Supported Languages | over 30 languages |
| 📝Sign up | 👉 Open Account |
FxPro Customer Reviews
- FxPro, as observed, has collected reviews and ratings that have been mostly good by customers on different platforms, giving it a good reliability and professional impression.
- Among the tools available to users are Metatrader platforms, proprietary trading applications, and complete risk management.
- Constantly praised attributes regarding the broker include fast order execution and multilingual customer service.
- Nonetheless, some customers often complain that withdrawals appear to take longer than average, plus charges are somewhat higher than those of competitors.
| Aspect | Feedback | Rating (Out of 5) |
| ⭐Overall Rating | Generally positive feedback from users | ⭐⭐⭐⭐⭐ |
| 💬 Positive Feedback | Reliable trading platforms, fast execution, multilingual support. | ⭐⭐⭐⭐ |
| 😟 Common Complaints | Withdrawal delays, slightly higher fees. | ⭐⭐⭐⭐⭐ |
| 📊 User Experience | Smooth interface, excellent trading tools, and responsive customer service. | ⭐⭐⭐⭐⭐ |
| 📱 Mobile App Reviews | Highly rated for usability, but occasional lag reported. | ⭐⭐⭐⭐ |
| 🌍 Global Appeal | Widely trusted across multiple regions, with strong international presence. | ⭐⭐⭐ |
| 💵 Value for Money | Good for advanced traders, but fees could be more competitive for beginners. | ⭐⭐⭐ |
| 🕒 Response Time | Quick live chat responses; email responses may take longer during peak hours. | ⭐⭐⭐⭐ |
| 🌟 Customer Satisfaction | High overall, with the majority of users recommending FxPro for a secure trading experience. | ⭐⭐⭐ |
Customers Ratings
| 🌐 Platform | 📝 Feedback Summary | ⭐ Rating |
 | Mixed reviews some users appreciate the platform's features, while others express concerns about spreads and execution speed. | ⭐⭐⭐☆☆ |
 | Mixed feedback some traders commend the broker's reliability, while others raise issues about customer support and withdrawal processes. | ⭐⭐⭐☆☆ |
 | Reviewers praise the broker's advanced trading platforms, competitive spreads, and reliable customer support. However, some users mention difficulties with account verification and withdrawals | ⭐⭐⭐⭐☆ |
 | Generally positive users highlight the platform's user-friendliness and efficient customer service. | ⭐⭐⭐⭐⭐ |
 | FxPro appears to be a well-regarded online trading platform. Users have praised the broker for its competitive spreads, fast execution speeds, and reliable customer support. However, some reviewers have noted issues with platform crashes, slippage, and inconsistent trading conditions. | ⭐⭐⭐☆☆ |
 | Predominantly positive reviews users praise the broker's transparency, fast execution, and responsive support. | ⭐⭐⭐⭐⭐ |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Segregates client funds | Not ASIC Regulated |
| Highly Regulated (FCA, SCB) | High trading fees |
| Low Minimum Deposit | Inactivity Fee |
| User-Friendly account registration | Only CFDs and Forex |
| Fast Trade Execution (Ultra-low latency) | No Bonuses or Promotions |
| Multiple Trading Platforms (MT4, MT5, cTrader, FxPro Edge) | Limited Range of Tradable Assets (No direct stocks or ETFs) |
| No Deposit Fees | Higher Spreads on Some Accounts |
| 24/5 Multilingual Support | No Social Trading Features |
Conclusion
Overall, FxPro provides 4 different live trading accounts, Standard, Pro, Raw+, and Elite.
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Frequently Asked Questions
What account types does FxPro offer?
FxPro offers several account types, including Standard, Raw+, Elite, and cTrader accounts. Each account caters to different trading styles, from beginners seeking simplicity to advanced traders requiring tight spreads, fast execution, and commission-based pricing structures for optimal trading efficiency.
What is the main difference between Standard and Raw+ accounts?
The Standard account is commission-free with slightly wider spreads, while the Raw+ account offers ultra-tight spreads starting from zero but charges a commission per trade. Raw+ is better suited for experienced traders focusing on cost efficiency and precision.
Which FxPro account is best for beginners?
The Standard account is generally best for beginners because it offers commission-free trading, simple pricing, and user-friendly platforms. It allows new traders to focus on learning market fundamentals without worrying about additional trading fees or complex cost structures.
What is the Elite account at FxPro?
The Elite account is designed for high-volume traders and offers commission rebates based on trading activity. It combines tight spreads with cashback incentives, making it suitable for professional traders looking to reduce trading costs through volume-based rewards and enhanced trading conditions.
Does FxPro offer an ECN-style account?
Yes, FxPro offers ECN-style trading through its cTrader account. This account provides direct market access, ultra-fast execution, and tight spreads, making it ideal for scalpers, algorithmic traders, and those who require advanced order types and depth-of-market visibility tools.
Are all FxPro account types available on every platform?
No, account availability depends on the platform. Standard and Raw+ accounts are typically available on MetaTrader platforms, while the cTrader account is exclusive to the cTrader platform, offering a different interface and enhanced trading tools for advanced users.
What is the minimum deposit for FxPro account types?
FxPro generally recommends a minimum deposit of around $100, although traders can start with lower amounts depending on the account type and payment method. Higher deposits are encouraged to ensure better risk management and more flexible trading opportunities.
Can I switch between FxPro account types?
Yes, FxPro allows traders to open multiple accounts or switch between account types through their client portal. This flexibility enables users to test different trading conditions and select the account that best suits their evolving trading strategies and experience level.
Do FxPro account types support Islamic trading?
Yes, FxPro offers Islamic (swap-free) options across most account types. These accounts remove overnight interest charges and comply with Sharia law, making them suitable for traders who require interest-free trading conditions while maintaining standard trading features and functionality.
Which FxPro account is best for advanced traders?
Advanced traders typically prefer Raw+, Elite, or cTrader accounts due to their tighter spreads, faster execution, and professional-grade features. These accounts are optimized for strategies like scalping, high-frequency trading, and algorithmic trading, where cost efficiency and execution speed are critical.
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