FxPro FAQ for Traders in South Africa
FxPro is a CFD and FX broker that lists 2,100+ instruments, with trading on MetaTrader 4, MetaTrader 5, cTrader and the FxPro Edge webtrader. This FxPro FAQ gives short answers on funding, withdrawals, costs, partner terms and account access.
Frequently asked questions
What is FxPro?
FxPro is a CFD and FX broker, and it lists 2,100+ instruments including metals, energies, shares, indices, forex pairs and crypto CFDs. Trading is available on MetaTrader 4, MetaTrader 5, cTrader and the FxPro Edge webtrader.
Who is behind FxPro?
FxPro Group Limited has its headquarters in London. It is privately held, has no stock-exchange listing, and FxPro reports offices in the UAE, the Bahamas and Cyprus, with clients in 170+ countries.
How are client funds handled?
FxPro states client funds are kept in segregated accounts, separate from the company's own money, and negative balance protection prevents an account from going below zero. This applies to the account floor rather than trading results, and CFDs are still leveraged products that carry high risk.
What are the trading costs?
Standard accounts have spreads from 1.2 pips and no commission. Raw+ accounts use raw spreads from 0.0 pips plus $3.50 per lot per side, which comes to $7.00 round trip.
How long does a withdrawal take?
According to FxPro's published figures, PayPal, Skrill and Neteller are same-day, while international bank wires take 3–5 business days. The count begins after FxPro processes the request.
Why does a withdrawal go back to my card?
According to FxPro, money goes back through the method used to fund the account. Card deposits therefore return to that card, while e-wallet funding returns to that wallet.
Does FxPro charge for deposits or withdrawals?
According to FxPro, the broker makes no charge on deposits or withdrawals. Any fee that shows up comes from your bank or e-wallet, not from FxPro.
How does the affiliate programme pay?
According to FxPro, the rate can go up to $1,100 CPA per referred client's initial deposit. It varies by region; the table for each region is not public, so partners ask their personal manager. New conversions may be held for as long as 30 days while the lead is qualified.
What is the FxPro IB programme?
This is the Introducer track: partners bring clients and receive rebates based on trading volume, which can reach 55% of the spread revenue FxPro earns from those clients, with weekly payments. FxPro's published terms say joining costs nothing.
How can I become a partner?
Existing clients can start from the FxPro Direct client area, according to FxPro. Other applicants go through programme registration and approval, then receive their own referral link from the portal's link builder.
Is there a fee to join or a minimum payout?
No minimum payout limit is recorded. Affiliate earnings are reconciled monthly by the 5th and paid within 15 days, while IB rebates are paid weekly.
What is the minimum deposit?
The minimum deposit is $100. FxPro states the floor in US dollars, so the rand debit depends on your bank's own rate and cross-border charge.