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July 26, 2016

Question:How to deposit to FXPro using Credit/Debit card? What are the conditions?

Answer:

Please be advised that you can fund your account with credit and debit cards such as Visa, Visa Electron, Visa Delta, MasterCard, Maestro International and Maestro UK.

Conditions of Card deposit

There are fees charged from FXPro for making deposit via credit/debit card. Please refer to the followings.

FxPro Financial Services

  • Credit/Debit cards – 1.6%
  • UK issued Debit cards – 0%
  • EU issued Debit cards + Maestro – 0.35%

FxPro UK Limited

  • UK issued Debit cards – 0%
  • All other cards – 1.6%

You can make a deposit by logging into your FXPro Direct(Client Portal) and it won’t take more than 10 minutes to be credited into your trading account in business days.

*Unfortunately “FXPro Mastercard” service has ended.

*You can not use someone else’s card to make a deposit to your trading account.

Conditions of Card withdrawals

There is no fees charged from FXPro for withdrawing funds via Credit/Debit Cards. One condition is that you can withdraw funds from FXPro only up to the amount you deposited via the same card within the last 6 months.

If the amount wouldn’t be categorized to be above, you can select other method to withdraw your funds.

You can make a withdrawal from “FXPro Direct” at anytime.

*All your open positions need to be closed in order to withdraw your funds.

Only cards with your name on it

This is a common rule for majority of Forex brokers that you cannot transfer funds to third parties. Meaning that all accounts involved during fund transfers need to be registered under the same person.

For example, you cannot transfer funds from your FXPro trading account to a bank account of your wife/husband. In case of a corporate account, other accounts also need to be registered with the corporate name.

Please note that some card companies do not allow to transfer funds to Forex brokers due to its institutional reasons.

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