Minimum Deposit for Opening an FxPro Account
FxPro recommends a minimum deposit of $1,000, though the FxPro minimum requirement is just $100, or a currency equivalent, for the Standard account. Check out my FxPro minimum deposit review for an in-depth look at how FxPro handles client deposits.
Find additional updated info. about FxPro here.
FxPro Minimum Deposit Requirements for Each Account Type
- Standard - $100
- Raw+ - $500
- Elite - $30,000 over two months
The FxPro Minimum Deposit Overview
The FxPro minimum deposit requirement is $100 or a currency equivalent.
Minimum Deposit | FxPro | Axi | InstaForex | Tickmill | Tickmill |
---|---|---|---|---|---|
Commission- Free | $100 | $0 | $1 | $100 | $100 |
Commission- Based | $500 | $0 | $1 | $100 | $100 |
The Pros & Cons of the FxPro Minimum Deposit
Consider the pros and cons of the FxPro minimum deposit process before funding your account.
Pros of FxPro Minimum Deposits
- Segregation of client deposits
- No internal deposit fees
- User-friendly deposit process
Cons of FxPro Minimum Deposits
- No cryptocurrency deposits
How to Make a Deposit
Despite the $100 FxPro minimum deposit, traders should consider depositing more, as effective trading requires notably more capital.
Here is how to deposit with FxPro:
- Log into your FxPro dashboard
- Go to “Wallet” and click “Deposit”
- Choose the preferred payment processor
- Enter your desired deposit amount
- Follow the on-screen instructions
FxPro Deposit Fees and Deposit Methods
FxPro does not charge internal deposit fees.
FxPro deposit methods, internal processing times, and known transaction requirements:
Deposit Method | Processing Time | Deposit Currencies | Minimum Single Deposit | Maximum Single Deposit | Withdrawal Option |
---|---|---|---|---|---|
Bank wires | One business day | EUR, USD, GBP, CHF, JPY, PLN, AUD, ZAR | $100 | N/A | Yes |
Broker-to-broker Transfer | One business day | EUR, USD, GBP, CHF, JPY, PLN, AUD, ZAR | $100 | N/A | Yes |
Credit/debit cards | One business day | EUR, USD, GBP, CHF, JPY, PLN, AUD | $100 | $10,000 | Yes |
Skrill | One business day | EUR, USD, GBP, CHF, JPY, PLN | $100 | $10,000 | Yes |
Neteller | One business day | EUR, USD, GBP, CHF, JPY, PLN | $100 | $10,000 | Yes |
PayPal | One business day | EUR, USD, GBP, CHF, JPY, PLN, AUD | $100 | $10,000 | Yes |
Noteworthy:
- The FxPro deposit screen lists all deposit methods, as geographic restrictions apply.
FxPro Deposit Methods vs. Similar Brokers
Deposit Methods | FxPro | Axi | InstaForex | Tickmill | Admirals |
---|---|---|---|---|---|
Bank wires | Yes | Yes | Yes | Yes | Yes |
Credit/debit cards | Yes | Yes | Yes | Yes | Yes |
Skrill | Yes | Yes | Yes | Yes | Yes |
WebMoney | No | No | Yes | Yes | No |
China UnionPay | No | Yes | No | Yes | No |
Perfect Money | No | No | Yes | No | No |
Other e-wallets | Yes | Yes | Yes | Yes | Yes |
Localized Methods | No | Yes | Yes | No | No |
Crypto- currencies | No | Yes | Yes | No | No |
FxPro Deposit Currencies
Traders must differentiate between account base and deposit currencies to avoid confusion and potential currency conversion fees. The former is the base currency of a trading account, into which all deposits are converted, and the latter are currencies supported for deposits through payment processors.
FxPro supports the following account base currencies:
- US Dollar
- Euro
- British Pound
- Swiss Franc
- Polish Zloty
- Australian Dollar
- Japanese Yen
- South African Rand
FxPro supports the following deposit currencies:
- US Dollar
- Euro
- British Pound
- Swiss Franc
- Polish Zloty
- Australian Dollar
- Japanese Yen
- South African Rand
FxPro Trading Account Currencies vs. Similar Brokers
Account Currencies | FxPro | Axi | InstaForex | Tickmill | Admirals |
---|---|---|---|---|---|
US Dollar | Yes | Yes | Yes | Yes | Yes |
Euro | Yes | Yes | Yes | Yes | Yes |
British Pound | Yes | Yes | No | Yes | Yes |
Swiss Franc | Yes | Yes | No | No | Yes |
Australian Dollar | Yes | Yes | No | Text | No |
Others | Yes | Yes | Yes | No | Yes |
Total | 7 | 10 | 3 | 3 | 10 |
Steps for Sending the FxPro Minimum Deposit
The FxPro dashboard functions similarly to an online bank service and handles the FxPro minimum deposit.
Here is a step-by-step guide to sending your FxPro minimum deposit:
1. Log into your FxPro dashboard, navigate to “Wallet” and click “Deposit.”
2. Choose your payment processor, enter your deposit amount, and follow the on-screen instructions.
3. FxPro notifies clients once it credits the deposit to the FxPro trading account.
Bottom Line
The FxPro minimum deposit is $100 without internal FxPro withdrawal fees.
Find additional updated info about the FxPro demo account here. Credit/debit card and e-wallet transactions take up to ten minutes, and bank wires and broker-to-broker transfers can take up to ten business days. FxPro is a legal broker with 20+ years of experience and complies with four regulators. FxPro segregates all client deposits from corporate funds, has €100,000,000+ in company capital, and a 96 Creditsafe credit score, making all deposits safe. The FxPro minimum lot size is 0.01 lots or 1,000 currency units. FxPro is an excellent broker with superb order execution, competitive commission-based trading fees, four platform choices, and a balanced selection of assets. The Standard account has an FxPro minimum deposit requirement of $100.FAQs
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