Question: What are the fees and conditions for deposit and withdrawal of funds from an FXPro account?
The trading experience at FxPro has reached new levels of ease and convenience with the introduction of the FxPro Wallet, a revolutionary money and risk management tool. Designed to make the process of funding and withdrawing funds a seamless experience, the FxPro Wallet allows users to transfer funds between their Wallet and trading accounts whenever they desire.
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How FxPro Wallet Works
To use the FxPro Wallet, simply sign in to FxPro Direct using your email and password, open the ‘Wallet’ section, and click the ‘Deposit’ button. This will present a variety of convenient payment methods to choose from. All deposits and withdrawals processed through the FxPro Wallet are commission-free from FxPro’s end.
After selecting your preferred method, you’ll be asked to specify the amount you wish to deposit. Following the prompts on the screen, you’ll be asked to fill out payment details and confirm the payment. Once approved, the deposited amount will appear in your FxPro Wallet balance or specified trading account and will be displayed in your Transaction History. From there, you can transfer funds to your account and commence trading.
Payment Methods and Processing Times
FxPro provides various payment methods for funding and withdrawing, ensuring convenience for all its users. The minimum recommended amount for deposits in various currencies is as follows:
- USD: $1000
- EUR: €1000
- GBP: £1000
- CHF: ₣1000
- PLN: zł4000
- AUD: $1000
- JPY: ¥100,000
- ZAR: 17,000
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BROKER-to-BROKER Transfer
Broker-to-broker transfers usually take a day to process. It’s worth noting that while FxPro does not charge for these transactions, the sending and correspondent bank may apply their own fee structure.
Card Transactions (Maestro, Mastercard)
Card transactions, on the other hand, are usually processed within 10 minutes. Again, these transactions are free, but bear in mind that customers who funded by card may only be able to withdraw up to the amount that they funded by the specific card in the last 6 months or 1 year, depending on the card processor used.
E-Wallet Transactions (PayPal, Skrill, Neteller)
E-wallet transactions via PayPal, Skrill, and Neteller are also usually processed within 10 minutes. These transactions are free, but please note that a fee up to 2.6% (Skrill) and 2% (Neteller) may be charged if a withdrawal is requested without having traded.
Make a deposit with online wallet
FAQs
- What about bank details and fees?
- For bank wire deposits, it takes around 3-5 business days for funds to reflect in your FxPro Wallet. Though FxPro doesn’t charge for bank wire deposits, the sending and correspondent bank may charge according to their fee structure.
- How quickly are deposits processed?
- For international bank transfers, it generally takes 3-5 business days, while SEPA and local transfers are usually within the same business day. All other payment methods take approximately 10 minutes.
- Where can I find more information?
- For more information on the processing times of each payment method, you can visit the funding page.
Go to FxPro’s Official Website
FXPro understands the importance of smooth and convenient financial transactions for a satisfactory trading experience. FxPro Wallet ensures easy and fast deposits and withdrawals, providing the users with a tool designed to meet their needs. Whether you’re ready to start trading or just testing the waters with a demo account, FxPro is equipped to cater to your requirements. If you have any enquiries about payment methods, please contact FXPro.