All Share (J203) = 87 916
Rand / Dollar = 18.18
Rand / Pound = 23.52
Rand / Euro = 19.83
Gold (usd/oz) = 2 983.40
Platinum (usd/oz) = 1 008.60
Brent (usd/barrel) = 70.58
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

FxPro Fund Withdrawal Process

FXPro Withdrawal Process Review

 

FxPro Fund Withdrawal Process can be summarised as a trustworthy and regulated Forex Broker that is very competitive and comprehensive in terms of its withdrawal methods, deposit options, and, Withdrawal fees. FxPro offers multiple trusted deposit options and withdrawal methods for active traders across the globe.

 

Min Deposit

USD 100

Regulators

FCA, CySEC, FSCA, SCB

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

70

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

FxPro Fund Withdrawal Process – A Key Point Quick Overview

  1. ☑️Overview
  2. ☑️FxPro at a Glance
  3. ☑️Safety and Security
  4. ☑️FxPro Withdrawal Options
  5. ☑️How to Withdraw Funds from FxPro
  6. ☑️Detailed Withdrawal Information for Traders
  7. ☑️FxPro Fund Withdrawal Terms and Conditions
  8. ☑️Customers Review
  9. ☑️Pros and Cons
  10. ☑️Conclusion
  11. ☑️Frequently Asked Questions

 

Overview

Overview

 

FxPro expands its worldwide reach to more than 170 countries while remaining committed to providing top-tier trading solutions to diversified customers.

This brokerage platform is built on ideals such as honesty, innovation, and an uncompromising emphasis on the requirements of its clients. Furthermore, FxPro’s trading infrastructure combines durability and user-friendliness, serving new and experienced traders.

MetaTrader 4, MetaTrader 5, and cTrader are among the trading platforms available to South African traders. This option allows traders to select an environment that suits their unique objectives.

FxPro provides traders with real-time market data, comprehensive charting tools, and an extensive collection of instructional resources in a compelling demonstration of dedication.

This guarantees that South African traders are always equipped with the knowledge and resources to navigate the ever-changing world of forex trading.

 

FxPro at a Glance

Company Information
Company NameFxPro
🏢 Company InformationFxPro Group Limited
📅 Year Founded 2006
👩‍💼👨‍💼 Current CEOCharalambos Psimolophitis
👩‍💼👨‍💼 Founder/sDenis Sukhotin
👥 Amount of staffOver 200 employees
👨‍💻 Amount of active tradersOver 1.8 million
📈 Publicly Traded (Listed Company)No
🇬🇧 Regulation and SecurityStrong regulatory oversight
🇬🇧 RegulationFCA, CySEC, FSCA
🇬🇧 Country of regulationUK, Cyprus, South Africa
💼 Account SegregationYes, funds are segregated
🚫 Negative balance protectionYes
🔐 Two-step AuthenticationAvailable
🛡️ Investor Protection SchemesYes, under regulatory authorities
📋 Account Types and FeaturesStandard, MT4, MT5, and cTrader accounts
🏦 Institutional AccountsYes
📊 Managed AccountsNo
💱 Minor account currenciesUSD, EUR, GBP, ZAR
💰 Minimum Deposit$100 / 1700 ZAR
📊 Trading ConditionsCompetitive spreads, fast execution
⏳ Average deposit/withdrawal processing time1-2 business days
💵 Fund Withdrawal FeeNo fees on most methods
📉 Spreads from0.0 pips
💸 CommissionsOn cTrader accounts (from $4.5)
🌍 Number of base currencies supported7
📈 Swap FeesYes, applicable on overnight trades
📈 LeverageUp to 1:500
📊 Margin requirements2%
🌙 Islamic account (swap-free)Yes
🎓 Demo AccountYes, unlimited
⏱️ Order Execution Time< 11ms
☁️ VPS HostingAvailable for high-frequency traders
🌍 Global OfficesUK, Cyprus, Bahamas, Dubai
👆 One-Click TradingYes
🤖 Expert AdvisorsSupported on MT4/MT5
📊 Trading InstrumentsForex, Stocks, Indices, Metals, Energy
📊 CFDs-Total OfferedOver 2000 instruments
📈 CFD Stock IndicesYes, major global indices
🛢️ CFD CommoditiesYes, energy and metals
📉 CFD SharesYes, large selection
👀 Watch listCustomizable
🔔 Trade AlertsYes
📈 Trading Stocks with GPYes
📊 Trading Indices with GPYes
🛠️ Swap on trading boardYes
💳 Deposits and WithdrawalsCredit/Debit cards, Bank Wire, PayPal, Skrill, Neteller
💳 Deposit OptionsMultiple methods supported
💸 Withdrawal OptionsSame as deposit methods
🎁 Welcome BonusNo
💻 Trading Platforms and ToolsMT4, MT5, cTrader, FxPro Edge
🚦 Stop-loss InstrumentYes
🛡️ Investor Protection SchemesYes, under regulatory bodies
🖥️ OS CompatibilityWindows, macOS, iOS, Android
🔧 Forex trading toolsYes, extensive
💬 Customer Support24/5 support available
💬 Live chat availabilityYes, 24/5
📧 Customer Support Email addresssupport@fxpro.com
📞 Customer Support Contact Number+44 (0) 203 151 5550
🌐 Languages supported on FxPro Website18 languages
📚 Educational Resources and SupportWebinars, articles, video tutorials
👍 Beginners Trader friendly UXYes
📚 Forex courseYes, basic to advanced
🖥️ WebinarsYes
📖 Educational ResourcesYes, rich library
🤝 Partnerships and ProgramsYes
🤝 Affiliate program?Yes
🤝 Amount of partners10,000+
📈 IB ProgramYes
⚽ Do they sponsor any notable events or teams?Yes, McLaren F1 team
💰 Rebate programYes, for IBs
🗨️ Community ForumNo
📱 Social Media PlatformsFacebook, Twitter, Instagram, YouTube, LinkedIn
🌐 Official Website addressFxPro
📘 Official Facebook PageFxPro
🐦 Official Twitter PageFxPro
📺 Official YouTube ChannelFxPro
🔗 Official Linkedin PageFxPro
📸 Official Instagram PageFxProGlobal
🇿🇦 Regulatory Status in South AfricaFSCA regulated
🇿🇦 Accept South Africa Traders?Yes
🏛️ Is FxPro regulated by the South Africa regulatory body (FSCA)?Yes
🤝 Does FxPro offer an Affiliate Program for South African Traders?Yes
💱 Does FxPro allow accounts to be opened in ZAR / Rands?Yes
🚀 Open AccountOpen Account

 

Safety and Security

Safety and Security

 

Safety and Security

 

FxPro is regulated by several authorities, including the prestigious UK Financial Conduct Authority (FCA), Cyprus’s Securities and Exchange Commission (CySEC), and South Africa’s Financial Sector Conduct Authority (FSCA), among others.

This comprehensive regulatory framework is customized to South African traders’ unique needs and expectations, reaffirming FxPro’s commitment to upholding the highest operational integrity standards and safeguarding customer funds.

Strictly isolating client accounts is essential to FxPro’s commitment to security. This essential strategy ensures a clear line of demarcation between consumer payments and the company’s operational assets, adding an extra degree of protection against any financial irregularities.

In terms of technology, FxPro leverages cutting-edge encryption methods to strengthen customer data security. As a result, all transactions and interactions between traders and the platform are kept private and safe.

The broker’s security commitment extends to sophisticated internal protocols, such as two-factor authentication and frequent system audits, which are expertly implemented to prevent unwanted access.

 

FxPro Withdrawal Options

FxPro Withdrawal Options

 

FxPro offers South Africans the following withdrawal methods:

 

  • Bank Transfers
  • Credit/Debit Cards
  • Neteller
  • PayPal
  • Skrill

and many, MANY more!

 

How to Withdraw Funds from FxPro

 

South Africans who want to withdraw funds from their FxPro trading account can follow the following few steps:

 

Step 1: Sign into your client portal

Sign into your client portal

 

How to Withdraw Funds from FxPro step 1

 

Step 2: “Withdrawal” button

  • Tap the “Withdrawal” button in the “Wallet” section
  • Specify the amount to withdraw
  • Select a withdrawal method
  • Tap “Withdraw”

 

Review your information and submit the withdrawal request.

 

Detailed Withdrawal Information for Traders

 

🔎 Payment Method🪙 Withdrawal Currencies⏰ Withdrawal Processing🚀 Open an Account
💴 Bank TransfersUSD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR3 – 7 days👉 Open Account
💵 Credit/Debit CardsUSD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR1 day👉 Open Account
💶 NetellerUSD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR1 day👉 Open Account
💷 PayPalUSD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR1 day👉 Open Account
💴 SkrillUSD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR1 day👉 Open Account
💵 UnionPayUSD, EUR, GBP, CHF, PLN, AUD, JPY, ZAR1 day👉 Open Account

 

FxPro Fund Withdrawal Terms and Conditions

 

South Africans should note that some of the following terms and conditions apply with FxPro withdrawals:

 

  • Before withdrawing from their FxPro account, traders must check that their account has been properly authenticated.
  • To protect its clients’ security, FxPro could run additional security checks or seek additional documents for large or unusual withdrawal requests.
  • FxPro follows the industry standard of returning withdrawals to the original deposit method. For example, if a trader used a credit card to deposit funds, the withdrawal would be processed with the same card.
  • If a withdrawal request is pending, traders can cancel it. However, cancellations will be impossible until the withdrawal request has been processed.
  • For a withdrawal to be successful, the name on the FxPro trading account must match the name on the specified withdrawal destination.
  • Traders must confirm that all relevant trading conditions have been met before initiating a withdrawal, particularly if they have accepted promotional bonuses or offers.
  • When a withdrawal request is made in a currency other than the account’s base currency, FxPro could apply a currency conversion rate, affecting the final withdrawal amount.
  • FxPro does not execute withdrawals to third-party accounts.

 

Certain minimum and maximum withdrawal limits will apply depending on the withdrawal method used. This assures that FxPro follows responsible withdrawal policies for South African traders.

 

Customer Reviews

  🥇  Excellent Offering.

FXTM is a transparent and well-regulated broker with licenses issued by such authorities as CySEC, FCA, and FSCA. Therefore, it is a favorable option for most traders in terms of safety and supervision. Nevertheless, caution should be exercised because the extent of the regulation is region-specific, and the level of protection may not be uniform for all users. The broker also provides protection against negative account balances, which is an important function when managing risks. Overall, FXTM is considered to have a strong regulatory background, which is a positive aspect for any trader. However, its offshore operations might bother some traders. Walter

 

 🏅 Trusted Support

FXTM’s customer support is reliable, offering 24/5 assistance via live chat, phone, and email. The support team is responsive and available in multiple languages, which is great for traders from different regions. However, the lack of 24/7 support can be a downside for traders in regions with different time zones or those who face issues over the weekend. Overall, the support is strong, but extending availability to weekends would enhance the experience.   -Muhammed

 

 🥉 Highly Recommended.

Fxpro is a broker with an excellent reputation and history. Highly Recommended. – Elliot

 

FxPro Customers Review

 

Pros and Cons

✅ Pros❌ Cons
South Africans can expect instant processing time on some withdrawal methodsFxPro has limited payment methods for withdrawals
South Africans are not subject to withdrawal feesThere are strict withdrawal terms and conditions

 

Conclusion

The FxPro Wallet is a feature of FxPro Direct that enables traders to manage their accounts and make withdrawals and deposits.   FxPro’s Client Accounting Department processes withdrawal requests within one business day. Card withdrawals, on the other hand, international bank transfers can take 3-5 business days, depending on your bank.

 

You might also like: FxPro Review

You might also like: FxPro Fees, Spreads, and, Commissions

You might also like: FxPro Islamic Account

You might also like: FxPro Demo Account

You might also like: FxPro Sign-Up Bonus

 

Frequently Asked Questions

 

What is the FxPro Wallet?

The FxPro Wallet is a feature of FxPro Direct that enables traders to manage their accounts and make withdrawals and deposits.

 

How can I withdraw funds using the FxPro App?

To withdraw funds from the FxPro App, go to the “Wallet” area, hit the “Withdrawal” button, enter the amount you want to withdraw, choose a withdrawal method, and tap “Withdraw.”

 

How long does it take to process my withdrawal request with FxPro?

FxPro’s Client Accounting Department processes withdrawal requests within one business day. Card withdrawals, on the other hand, international bank transfers can take 3-5 business days, depending on your bank.

 

Does FxPro offer any promotions or bonuses related to deposits and withdrawals?

No, FxPro does not offer bonuses relating to deposits or withdrawals.

4.7/5 - (6 votes)

Written by:

Marlie Willemse Rosset

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

December 1, 2024

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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