FxPro Minimum Deposit
Including steps on how to deposit with MPESA
| FxPro Minimum Deposit | USD 3 |
|---|---|
| Deposit Methods | Local Bank Transfer,Credit/Debit Card,e-Wallets |
| Account Types | Premium Account,Zero Account,Pro Plus Account |
| Deposit Fees | No fees |
| Account Base Currencies | USD, GBP, EUR, ZAR, NGN |
| Withdrawal Fees | No fees |
| 💰 Minimum Deposit Standard Account | 1.290 KES |
| 💰 Minimum Deposit Raw+ Account | 64,500 KES |
| 💰 Minimum Deposit Elite Account | $30,000 |
| 🏧 Minimum Withdrawal (all accounts) | 645 KES |
| 💱KES base currency | No |
| 💨Fastest Deposit Method | Online Bank Transfer (instant) |
| 🏦Deposit Fees | KES 0 |
| 🐷Online Wallet | Yes, FxPro wallet acts as savings account |
What is FxPro Direct?
FxPro Direct is simply your Personal Area Dashboard which you can access by signing into the FxPro website.
You can manage your deposits & view account history from your FxPro Direct dashboard.
How Much is FxPro Minimum Deposit in KES?
The FxPro minimum deposit in KES is 1,290 KES for the Standard Account.
For the Raw+ Account the minimum deposit is 64,500 KES & for the Elite Account, the minimum deposit is $30,000
What is the FxPro Wallet?
Your FxPro Wallet is an online savings account where all your deposits are held. When you want to trade, you must perform an internal transfer from your FxPro Wallet to your Trading Account.
Any money held in your FxPro Wallet is not allocated for trading and so cannot be affected my margin calls or any trading related activity. Funds in your FxPro Wallet are known as free margin & you can earn interest on them.
Does FxPro Accept MPESA Deposits?
Yes, Kenyan traders can use MPESA to deposit into their FxPro Wallet.
How Do I Deposit into FxPro Using MPESA?
To start the process, login to your FxPro Direct Dashboard & select "deposit".
Select SticPay, iPay, or Mobile Money; then at the next prompt select MPESA.
Input the amount you want to deposit as well as your Safaricom phone number.
Wait for a One-Time Password/PIN to be sent to your Safaricom number then input the PIN to complete your deposit.
Can I Transfer Money From My Bank App To FxPro?
Yes, you can transfer money from your mobile banking app directly into your FxPro Wallet.
To transfer you need to login to your FxPro Personal Area, select online bank transfer, & copy the account number that is displayed on your screen.
The next step is you logon to your mobile banking app and transfer money to the account number you copied from your FxPro Personal Area.
Do not close the banking app till you get a notification that your transfer is successful. Also ensure you make the transfer fast as the account number you copied expires after some minutes.
Is There Any Deposit Fee at FxPro?
No, FxPro does not charge any deposit fees. But watch out for currency conversion fees which FxPro charges when your deposit currency is at variance with your account currency.