FxPro Account Types
Account Types
What account types do you offer?
To retail clients, FxPro offers:
MT4 account with fixed spreads and Instant Execution
MT4 account with floating spreads and Instant Execution
cTrader account with floating spreads and Market Execution
MT5 account with floating spreads and Market Execution
SuperTrader account for those wishing to allocate funds to the strategies of professional traders.
For more information, click here.
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What is a VIP Account?
VIP Accounts are offered to selected high-net-worth individuals and those actively trading large volumes.
VIP clients benefit from free VPS service, no deposit fees, and receive trade recommendations, exclusive news reports and margin level alerts via email and SMS.
How do I open a live trading account?
To register for a live trading account, click on the green ‘Open Trading Account’ icon on the FxPro homepage, or click here. Follow the steps required to complete the form and click submit. An email with your platform credentials will be sent to the email address you have provided. You can use this email and the password you have selected to login to our homepage. From there you can manage you account, download our platforms, submit your documents (if you have yet to do so) and fund your account.
Please note that residents of certain countries cannot open a trading account with FxPro UK Limited and will therefore be redirected to FxPro Financial Services Limited.
FxPro Financial Services Limited and FxPro UK Limited do not offer Contracts for Difference (CFDs) to residents of certain jurisdictions such as the United States of America and the Islamic Republic of Iran.
What currencies can I open an FxPro account in?
FxPro trading accounts are offered in USD, GBP, CHF, EUR, PLN, AUD, and JPY. Funds received in any other currency will be converted into your chosen currency before they are deposited into your trading account.
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Can I open a corporate account?
Yes. To apply for a corporate trading account, the representative of the company must first register with FxPro via the usual sign-up procedure on the FxPro homepage [See How do I open a live trading account?]. The personal details provided must belong to the representative in question. Once the representative’s email address has been confirmed and the login credentials for the new account have been received, the company representative must contact our Back Office Department by phone or email ([email protected]).
Our Back Office Department will ask for the following details: company name; country registered in; nature of business. This information is required in order to provide the potential corporate account client with the correct list of documents required.
Once we receive all necessary documents, our Back Office Department will review them and assist in the completion of the application.
Can I open a joint account?
Yes. To do so, each person must first open a separate FxPro trading account and then fill in a Joint Account Request Form. This can be obtained by contacting our Back Office Department at [email protected]
Can I open more than one account with FxPro?
Yes, FxPro allows up to 5 different trading accounts.
Do you offer swap-free accounts?
In observance of the Shariah Law, FxPro offers swap-free accounts to clients of the Muslim faith. To apply for a swap-free account, please send an email request to our Back Office Department at [email protected]
For further details on the FxPro swap-free accounts, please contact our Customer Support.
How do I change the leverage of my trading account?
To change the leverage of your trading account, log in to FxPro Direct (direct.fxpro.com if you are under CySEC, or direct.fxpro.co.uk if you are under FCA) and click on your account number under ‘Account(s)/Actions’, which can be found under the ‘My Accounts’ category. Select ‘Change Leverage’ from the drop-down menu.
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Please note that in order to change the leverage of your trading account, all open positions must be closed. Leverage changes can only be performed once every 24 hours.
Are the funds I deposit in my FxPro accounts insured in any way?
FxPro Financial Services Limited is a member of the Investor Compensation Fund (ICF) and FxPro UK Limited is a member of the Financial Services Compensation Scheme (FSCS).
The ICF came into being in 2002, in line with the Investment Firms Law of 2002 and the European Directive 93/22/EC. Cyprus Investment Firms (CIFs) are obliged to participate in the Investor Compensation Fund as part of their regulatory requirements. The objective of the Fund is to secure any claims of covered clients against members of the Fund, and to compensate them for any claims arising either from an inability of a member of the Fund to fulfil its obligations, or from any wrongdoing on the part of the member of the Fund. The ICF insures customer deposits up to €20,000 per client.
The FSCS came into effect after the Financial Services and Markets Act of 2000 and covers customers of UK-regulated financial services firms in the event that the latter are unable to settle any claims made against them. The Scheme insures customer deposits up to £50,000 per client. Further information can be found at www.fscs.org.uk.