FxPro account types in South Africa: Standard, Raw+, cTrader and Elite
FxPro sets out account types: Standard, Raw+, cTrader and Elite. Costs are paid through the spread or through a raw spread plus commission, depending on the account. A free demo account is also listed.
The FxPro account types
Standard uses MetaTrader 4 or MetaTrader 5 and carries spreads from 1.2 pips with a $0 commission. Raw+ also uses MetaTrader 4 or MetaTrader 5, pairing spreads from 0.0 pips with $3.50 per lot per side. cTrader runs on the cTrader platform and uses the raw-spread approach: a 0.0-pip starting spread with $3.50 charged for each lot on each side. Elite is a MetaTrader 4 and MetaTrader 5 account with Raw+ pricing plus volume rebates, described for traders with high volume.
Where the cost sits: spread or commission
Standard places the whole cost in the spread, which starts at 1.2 pips, while the commission is $0. Raw+ moves the charge to a commission of $3.50 per lot per side on a spread from 0.0 pips. One standard lot therefore has a $7.00 round trip on Raw+ ($3.50 × 2), against $0 commission on Standard.
cTrader uses the raw-spread approach: a spread beginning at 0.0 pips and a $3.50 charge for each lot on each side. The minimum first deposit listed is $100 (about R1,700); Standard and Raw+ are available through FxPro Direct.
- Standard: spread from 1.2 pips; commission $0; round trip, 1 lot: $0 commission
- Raw+: spread from 0.0 pips; $3.50 per lot per side in commission; round trip, 1 lot: $7.00 ($3.50 × 2)
Demo account and platforms
FxPro lists a free demo account. The platform list includes MetaTrader 4, MetaTrader 5, cTrader and FxPro Edge (web).
Swap costs and non-trading fees
A position that stays open beyond the daily close attracts an overnight funding adjustment, the swap. Each instrument and each direction — long or short — has its own rate. The current swap long and swap short values for a symbol can be read in its specification in MetaTrader 4 and MetaTrader 5; cTrader and FxPro Edge show them in the symbol information panel; FxPro Direct also lists them. FxPro states that a swap-free version of the account exists.
FxPro states $0 on deposits and $0 on withdrawals. If an account stays inactive for six months, an inactivity fee applies, with the amount shown in FxPro Direct. A bank or e-wallet may add its own funding charge; that cost belongs to the provider, not to FxPro.
- Deposits: $0
- Withdrawals: $0
- Inactivity after 6 months: shown in FxPro Direct
Live spreads and account conditions
The quoted “from” levels are floors, not averages. Live pricing sits on the platform quote board: Market Watch in MetaTrader 4 and MetaTrader 5 shows bid and ask, and the spread can be displayed as its own column; cTrader shows depth-of-market pricing per symbol. Each instrument’s spread shifts as market conditions change, so the figure visible at order time is the one that applies.
Frequently asked questions
Which FxPro account types run on MetaTrader 4 or MetaTrader 5?
Standard, Raw+ and Elite use MetaTrader 4 and MetaTrader 5. cTrader accounts use cTrader.
What does the FxPro demo account cost?
The demo account is listed as free.
What is the minimum first deposit for Standard and Raw+?
Standard and Raw+ are listed with a first deposit from $100; the stated minimum deposit is $100 (about R1,700).
How does FxPro handle deposit and withdrawal charges?
FxPro states $0 on deposits and $0 on withdrawals. A bank or e-wallet may apply its own charge, and six months of inactivity brings an inactivity fee whose amount is shown in FxPro Direct.