How much is the fee/commission for currency conversion/exchange by FXPro?
Currency Exchange Fees by FXPro
FXPro is currently accepting deposits in the following currencies: USD, GBP, CHF, EUR, PLN, AUD, and JPY.
If you transfer funds in a currency other than one of your FxPro Vault, the funds will be converted into your Vault currency using the exchange rate at the time of the transaction.
FXPro does not charge you any for exchanging currencies, but the conversion process will be done automatically by the system.
Please note that the exchange rate and the spread(between bid – ask) are not the same ones as displayed in FXPro’s trading platforms.
Exchange rate and the spread will be decided by the bank you have or FXPro has used for conversion.
And normally there are wide spread for converting funds with banks.
Opening Multiple trading accounts
With FXPro, you can open up to 5 trading accounts and manage them all under one client portal.
You can open with different trading platform, account types or even with different base currencies.
Owning your fund with different currencies, is one way to manage your risk exposure.
For more information of available account types, please visit FxPro Official Website.
For the comparison of FXPro’s all account types, visit the page here.