FxPro fees and commissions

Introduction

FxPro is a well-known trading platform offering access to multiple financial instruments, including Forex, stocks, commodities, and indices. One of the key considerations for traders is the cost structure, including FxPro fees and commissions. Understanding these costs helps traders plan their strategies effectively and optimize profitability. This article provides an in-depth breakdown of FxPro's pricing model, including spreads, commission charges, and hidden costs.

FxPro Fee Structure

FxPro offers different account types, each with its own pricing model. The costs traders incur depend on the chosen account type and the traded asset.

1. Types of Fees

FxPro fees and commissions can be categorized into the following:

• Spreads: The difference between the bid and ask price.
• Commissions: Fixed charges for specific account types.
• Swap Fees: Interest rates on overnight positions.
• Deposit & Withdrawal Fees: Charges for money transfers.
• Inactivity Fees: Charges for dormant accounts.

2. Comparison of Account Types

Different FxPro accounts have unique pricing structures. The table below highlights the key differences:

Breakdown of FxPro Fees and Commissions

1. Spreads Explained

FxPro operates with variable spreads, meaning the cost changes based on market conditions. Typical spreads for major currency pairs are:

2. Commission Charges

Commissions are charged on cTrader and Raw+ accounts:

• $3.50 per lot per side on cTrader.
• $3.50 per lot per side on MT4 Raw+.

3. Swap Fees (Overnight Charges)

Swap fees are applied to positions held overnight. The table below provides examples:

4. Deposit & Withdrawal Fees

FxPro does not charge deposit fees, but some withdrawal methods may have costs:

5. Inactivity Fees

If an account remains inactive for six months, FxPro charges a monthly fee of $15, deducted from the available balance.

Comparison with Other Brokers

To understand FxPro fees and commissions better, here's a comparison with other major brokers:

Conclusion

FxPro fees and commissions vary based on the account type, trading platform, and market conditions. While spreads are competitive, commission-based accounts provide lower-cost trading for high-volume traders. Swap fees should be considered for long-term positions, and inactivity fees can impact dormant accounts. Comparing FxPro with other brokers shows that its pricing is transparent and in line with industry standards.

FAQ

1. What is the typical spread on FxPro MT4 accounts?

Spreads on MT4 accounts start from 1.4 pips for major currency pairs.

2. Does FxPro charge commissions on all accounts?

No, commissions apply only to cTrader and MT4 Raw+ accounts.

3. Are there any withdrawal fees on FxPro?

Withdrawals via bank transfer may have variable fees, while card withdrawals are free.

4. What is the inactivity fee on FxPro?

FxPro charges $15 per month if an account remains inactive for six months.

5. How do swap fees work on FxPro?

Swap fees apply to positions held overnight and vary based on the asset and interest rates.

This article provides a structured overview of FxPro fees and commissions, helping traders understand the cost implications before engaging in financial markets.