FxPro Minimum Deposit
How much to trade with FxPro?
| FxPro Minimum Deposit | NGN 5000 |
|---|---|
| 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 - Bank Transfer | NGN 5,000 |
| 💰 Minimum Deposit - Cards | $15 |
| 🎁Deposit Bonus | $0 |
| 🏧 Minimum Withdrawal (all accounts) | N 100 |
| 💱Naira Account | Yes |
| 💨Fastest Deposit Method | Online Bank Transfer (instant) |
| 🏦Deposit Fees | NGN 0 |
| 🐷Online Wallet | Yes |
FxPro Minimum Deposit is NGN 5,000
I trade with FxPro and I opened a standard account. I can categorically tell you that the FxPro minimum deposit on the standard account is NGN 5,000 (Five Thousand Naira Only) using the local bank transfer option.
However their raw spread account has a higher minimum deposit but beginners are better off with the standard account because the minimum deposit is afforable.
If you intend to deposit using Visa/Mastercard then you will have to deposit a minimum of $15.
FxPro Has Naira Account Currency
Some traders in Nigeria may not know this, but FxPro actually supports naira account currency, so your transactions and trades will be displayed in naira instead of a foreign currency.
The naira account was what actually attracted me to FxPro as I wanted to see my transactions and account statement displayed in my local currency.
Your Deposit Goes Into 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.
FxPro Deposit Time is Instant
From my testing, deposits I made using bank transfer & cards were treated instantly and reflected in my FxPro wallet almost immediately.
Withdrawals took about 1 hour to be treated but I received them on the same day.