FxPro Minimum Deposit
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Before focusing on the FxPro minimum deposit, let’s first discuss what FxPro is. FxPro is a well-known broker platform that was established in 2006. A popular broker platform that works as a reliable trading platform for multiple instruments.
FxPro provides high-quality access to shares, financial markets, energies, futures, metals, indices, and commodity CFD products. But, first, let’s dive into a quick discussion about the FxPro minimum deposit and how to open your trading account.
What is the FxPro minimum deposit?
FxPro requires a minimum deposit of $100. The minimum deposit amount is the same for all accounts, including VIP accounts. In terms of location and a trader’s base currency, no variation will appear.
|Base Currencies||EUR, USD, GBP, ZAR, NGN|
What base currencies does FxPro offer?
FxPro offers a range of base currencies for deposits into your account.FxPro is a significant broker that offers various account base currencies, including EUR, USD, PLN, ZAR, NGN, and GBP.
Does FxPro charge any deposit fees?
FxPro will never charge any fees for the withdrawals or the deposits. Within a maximum of 5 days, funds will appear in your wallet via bank transfer or any other payment method.
You don’t have to pay anything for the bank cable deposits. However, sending money through the bank transfer will also charge the client a certain amount.
When you transact with a UK bank, you will not be charged a business transaction fee. However, the transaction fee for transferring to SEPA is relatively high. If the selected currency is not supported by FxPro, you must convert it. A fee is charged for the conversion!
By visiting FxPro’s official website, you can learn more about the extra charges on various account types.
FxPro minimum deposit vs other brokers: Comparison table
In the below table, we will compare the minimum deposit details of FxPro with other top leading forex brokers:
|FxPro||Saxo Bank||Admiral Markets|
|Number of deposit methods||7||5||10|
What is the FxPro minimum deposit on various trading platforms?
To get the best trading services, FxPro recommends that you deposit at least $1000. However, it is not mandatory at all! In addition, there are a few other minimum deposits that depend on the account type you have selected. Therefore, your account selection should be carefully considered.
Here are the minimum deposit requirements for each trading account:
1. MetaTrader Account
This account requires a minimum deposit of $100.The account can also be used to trade on MetaTrader 4 and MetaTrader 5.
2. cTrader account
For FxPro cTrader, a minimum deposit of around $1000 is required with leverage of 1:500. Additionally, commissions are charged.
3. Edge Account
FxPro’s Edge account is a newly introduced account that is still under development. It is ideal for UK traders with a $100 minimum deposit requirement.
4. VIP Account
This account is just for professional or high-level traders with a minimum deposit of $50,000. Plus, it accompanies the best spread rates with lower commissions. You need a VIP account if you want to be a professional trader.
5. Market Account
For the market account, the minimum deposit requirement is $500 with a leverage ratio of 1:50. You can use this account when trading with multi-assets.
Why should you choose FxPro minimum deposit?
No matter how low the minimum deposit is, it is still adequate to start trading forex with FxPro as a beginner. You can perform forex trading efficiently and effectively with its unique features.
Essentially, FxPro offers a reliable trading approach, offers unique trading tools, supports multiple languages, and is accessible with a demo account. As a result, there is no doubt that you will receive high returns on your investment.
Does FxPro offer any deposit bonus?
FxPro does not offer a deposit bonus on any of its trading accounts for existing or new customers.
Availability of a variety of deposit methods
FxPro accepts various payment methods, such as bank wire transfers, Skrill, Neteller, credit or debit cards, etc. In addition, the platform allows you to trade with a maximum of eight different currencies.
A FxPro account wallet is also available for easy depositing. When you use this method, your account is directly credited with the funds you deposit. To deposit funds, you must first log into your account and select “deposit fund or deposit wallet.”.
With a wallet account, you can deposit as much as you like without any restrictions.
How to send minimum deposit: step by step guide
Step No 1:
To begin with, you need to open an account with the platform, where you need to enter all your personal and financial information. If you skip any detail box, your account will not be verified.
If you are unsure which trading account is suitable for you, take help from the broker selector tool!
Step No 2:
Make a deposit by choosing the trading account that matches your trading needs and requirements. The account should be named after your name, and its details should not be shared with any third-party organization or user.
Step No 3:
Depending on the type of account you selected, it typically takes a couple of days for the amount to appear on your brokerage account. Once the amount is deposited, you will receive an email notification.
All in all, FxPro has earned a worldwide reputation for innovation and excellence. Moreover, it is a regulated platform providing comprehensive access to the financial markets. Hence, you can perform online trading with more than 260 instruments in the six asset classes.
Against any queries or trading problems, FXPro customer help support is available 24/7. Visit the official site of the FXPro broker and simply open your trading account to start trading.
Jason Morgan is an experienced forex analyst and writer with a deep understanding of the financial markets. With over 13+ years of industry experience, he has honed his skills in analyzing and forecasting currency movements, providing valuable insights to traders and investors.
Forex Content Writer | Market Analyst