FxPro Vault What is FxPro Vault? FxPro Vault is a free and effective way to fund your trading accounts. It is a personal risk management tool that allows you to... more" /> FxPro Vault - FxPro Review

FxPro Vault

FxPro Vault

What is FxPro Vault?

FxPro Vault is a free and effective way to fund your trading accounts. It is a personal risk management tool that allows you to deposit and withdraw funds with ease.

The Vault is essentially a central account from which you can transfer money to all your other trading accounts with a few simple clicks. The main advantage of making deposits into your Vault as opposed to funding your accounts directly is that the money you deposit into your Vault is completely protected from any open positions that you may have.

Featured Site

Who is eligible for an FxPro Vault?

All new clients are automatically granted their own personal FxPro Vault. Following successful registration and due diligence, they will be able to access it and manage their funds via FxPro Direct (direct.fxpro.com if you are under CySEC, or direct.fxpro.co.uk if you are under FCA).

Existing clients without a personal Vault can create and activate one via FxPro Direct (direct.fxpro.com if you are under CySEC, or direct.fxpro.co.uk if you are under FCA).

What can I do with my FxPro Vault?

Once your FxPro Vault is created and activated, you can deposit funds, withdraw funds, or transfer funds to and from your trading accounts.

How do I create my FxPro Vault?

New clients can create their FxPro Vault by clicking on the ‘Open Trading Account’ registration button and completing the relevant form. Alternatively, they can click on the ‘FxPro Vault’ widget in FxPro Direct (direct.fxpro.com if you are under CySEC, or direct.fxpro.co.uk if you are under FCA). If you are a new client, please note that your Vault will remain pending until all necessary documents have been submitted and approved.

Existing clients can create their Vault via the ‘FxPro Vault’ widget in FxPro Direct.

Featured Site

How many FxPro Vaults can I have?

You may have one FxPro Vault in any of the seven base currencies [See What are the available FxPro Vault currencies?].

Are there any fees for using FxPro Vault?

FxPro Vault is free. Clients are not required to pay any fees, with the exception of the deposit and withdrawal fees that they are already subject to.

What are the available FxPro Vault currencies?

You can choose one of seven base currencies as your FxPro Vault currency. These are: USD, EUR, GBP, AUD, CHF, JPY, and PLN.

Can I change my FxPro Vault currency?

It is not currently possible to change your FxPro Vault currency. If, however, you have mistakenly opened your Vault in the wrong currency, please contact our Back Office Department at [email protected] to rectify the mistake.

What conversion rates do you use?

FxPro clients benefit from some of the most competitive exchange rates on the market.

For the following types of external transfers, funds will be converted using the prevailing Hellenic Bank rate:

Deposits from an external funding source, i.e., credit card in one currency to a Vault in another currency
Withdrawals to an external funding source, i.e., Vault in one currency to a credit card in another currency
For transfers from the Vault to a trading account that is not in the same currency, or vice versa, conversion will be made based on the rate displayed on the pop-up screen at the time you click confirm.

Featured Site

Please note that price fluctuations may occur between clicking confirm (sending the instruction) and the actual execution of the conversion. The conversion rate may therefore change accordingly.

How do I deposit funds into my FxPro Vault?

To deposit funds into your FxPro Vault, visit the ‘Manage FxPro Vault’ area of your FxPro Direct profile (direct.fxpro.com if you are under CySEC, or direct.fxpro.co.uk if you are under FCA). Select the deposit method you would like to use and choose your unique Vault ID from the drop-down menu.

Please note that existing FxPro deposit timeframes and fees apply when using the FxPro Vault.

How do I transfer funds to and from my FxPro Vault?

To transfer funds to and from your FxPro Vault, visit the ‘Manage FxPro Vault’ area in your FxPro Direct (direct.fxpro.com if you are under CySEC, or direct.fxpro.co.uk if you are under FCA) and complete the relevant transfer form.

The transfer form allows you to select where you want to transfer funds to/from. Choose the transfer amount and submit the form. If your trading account is in a different currency to your Vault, a pop-up box will appear with a live conversion rate, allowing you to exchange at the rate you choose.

Can I withdraw funds from my FxPro Vault during the weekend?

Yes, you may withdraw funds from your FxPro Vault during the weekend, as long as you do not have any accounts with open positions.

Weekend hours begin on Friday at market close (22:00 UK time) and cease on Sunday evening, at market open (22:00 UK time).

How do I withdraw funds from my FxPro Vault?

To withdraw funds from your FxPro Vault, visit the ‘Manage FxPro Vault’ area in your FxPro Direct (direct.fxpro.com if you are under CySEC, or direct.fxpro.co.uk if you are under FCA) and click ‘Withdraw’. Funds must be withdrawn via the same method used for deposits into your Vault.

Please note that existing FxPro deposit timeframes and fees apply when using the FxPro Vault.

What reference number should I use for bank transfers?

For bank transfers, please use the unique FxPro Vault ID number.

What happens to my FxPro Vault if the margin level in my trading accounts drops?

If your margin level drops below 100%, you will be unable to withdraw funds from your FxPro Vault.

Where can I see my FxPro Vault transaction history?

To view the transaction history of your FxPro Vault, visit the ‘Manage FxPro Vault’ area in your FxPro Direct (direct.fxpro.com if you are under CySEC, or direct.fxpro.co.uk if you are under FCA).

Featured Site

Can I close my FxPro Vault?

The FxPro Vault is an integral part of your trading account(s) and cannot be deactivated. Should you wish to close your FxPro Vault, you should also close your trading accounts.

If you are thinking of closing your Vault, please contact our Customer Support at [email protected]

Comments are closed.