Special Offers for Traders from South Africa
2100+ CFD Assets
Explore a variety of assets across 6 asset classes, providing access to over 2100 trading instruments.
Free Demo Account
Experience full functionality and live quotes with complimentary demo trading account.
4 Platforms
Trade using MetaTrader 4/5, cTrader as well as our own trading platform.
What is FxPro?
Established since 2006, this renowned multi-asset broker has garnered over 85 industry awards and serves more than 7.8 million opened accounts across 173 countries. With a total trading volume surpassing $4.16 trillion and client funds exceeding $2.7 billion, the company demonstrates robust operational capabilities and financial strength.
Offering advanced trading technology, diverse language support, and multiple payment methods, the platform ensures a seamless trading experience for users.
Focused on ensuring safety and reliability, the broker provides secure authentication and encryption to protect client assets and data.
FxPro operates under the regulation of major authoritative financial regulators: FCA, CySEC, FSCA, and SCB.
For traders in South Africa, FxPro offers an outstanding choice with its reputable status, extensive experience, and comprehensive services.
Rating and Reviews in 2024
Best Broker of the Year
World Finance Foreign Exchange Awards
Best FX Broker
Shares Awards
Most Trusted Broker
Ultimate Fintech Awards
The broker’s lengthy list of over 85 prestigious accolades speaks volumes, repeatedly being named the Best Forex Provider by authoritative publications like FT & Investors Chronicle, Online Personal Wealth Awards, and earning the title of Most Trusted Forex Brand from Global Brands Magazine.
FxPro scores an exceptional 8.74/10 TU Overall Rating from Traders Union, with experts recommending the broker based on overwhelmingly positive client reviews.
Beyond the accolades, FxPro’s strong reputation is affirmed by its exceptional trading metrics, including over $4 trillion in annual trading volumes, facilitating 349 million trades in 2022 alone with robust liquidity allowing peak trade execution speeds of 7,685 per second.
Client Reviews Analysis:
FxPro enjoys positive sentiment from its diverse client base spanning retail and institutional traders across forex, stocks, crypto and other assets. Reviews consistently laud the broker’s strengths in several key areas:
“FxPro did not disappoint me. The technical side works well – software, communication quality, order processing – everything is at a high level.”
“Trading conditions in the company are good, the platform works perfectly. There are no strange situations during trading as with my previous broker.”
Clients frequently cite FxPro’s robust trading infrastructure that delivers reliable execution with minimal slippage/requotes, tight spreads, and fast order processing speeds averaging under 14ms. The seamless platform experience is enabled by straight-through processing with no dealing desk intervention.
“It is very important that the broker is licensed and controlled by serious European regulators…I rarely meet requotes.”
“Fx Pro has a very user-friendly mobile application, it is easy to understand and functional, secure in terms of safety of personal data.”
FxPro’s multi-jurisdictional regulation across tier-1 bodies like FCA, CySEC and FSCA provides clients with legal protection, fund segregation mandates, and preventative measures against fraud. Encryption, biometrics and external audits further fortify security.
“FxPro has multilingual technical support. An opportunity to study on a demo account.”
“As a beginner…the broker suits me so far. The mobile application saves a lot of time.”
“It is good to be able to contact support not only in English but also in Vietnamese.”
In addition to 24/7 multilingual client support, FxPro offers educational content like trading courses, strategy webinars and an extensive knowledge base. User-friendly platforms and availability of demo accounts accommodate all experience levels.
While the majority of client feedback is resoundingly positive, there are some recurring areas that receive critique from a subset of traders:
- Trading Platform Performance – Slowdowns and lags on platform execution/responsiveness during periods of heightened volume.
- This appears to be an infrequent but frustrating occurrence.
- Educational Resources – Written materials and basics are comprehensive, but more advanced video courses and strategy-focused content could be expanded.
- Funding and Pricing – Limited deposit/withdrawal options for certain local banks/currencies. Wider spreads on illiquid assets is an issue for some traders.
Is it safe to trade with FxPro?
At FxPro, the security of your funds and the confidentiality of your personal data are of paramount importance. The company uses a multi-layered approach to ensure maximum protection for its clients:
- Insurance of client deposits against fund shortfalls through investor compensation schemes in relevant jurisdictions.
- Advanced two-factor authentication and encryption protocols to prevent unauthorized access to accounts and transactions.
- Mandatory segregation of client funds and broker's own funds with deposits held with major banks subject to capital adequacy norms.
- Negative balance protection system to avoid debts in excess of your initial deposit.
- Guaranteed execution of trade orders with lightning speed thanks to the infrastructure of direct access to the interbank market.
The broker is regularly audited by independent auditors and regulatory authorities to ensure compliance with strict industry standards for information security.
Trading Conditions and Platforms
Average execution time < 13 ms
Up to 7000 orders executed per second
Ultra low latency from data centers
MT4
Classic platform. Simple and functional.
MT5
Advanced analytical tools. Wide range of possibilities.
Ctrader
Professional trading. Fast order execution.
FxPro
Branded platform with universal functionality.
Trading Accounts and Flexible Options
FxPro offers many different trading accounts, allowing you to choose the most suitable conditions based on your preferences and trading style. In addition, there are additional options for professional traders and VIP clients.
Forex, metals, indices, energy, futures, stocks. Available for all devices.
Minimum trade size is 0.01 lots.
MT4 Instant uses floating spreads, MT4 Fixed uses fixed spreads on major currency pairs.
Hedging, 24/5 trading, Instant execution with requotes, swap/rollovers.
NDD model, 50% stop out.
Minimum deposit 100$
Trade currencies, metals, indices, energy, futures and cryptocurrencies via MT4 for all devices.
0.01 lot minimum, floating spreads with markup.
Swap/rollovers apply.
Market execution on VWAP, hedging, 1 pip min stop for major pairs.
Forex 24/5, Crypto 24/7 trading. NDD model, 50% stop out.
Minimum deposit 100$
Similar MT4 account, but on MT5 platform with the possibility of netting or hedging positions.
Wide choice of assets, from 0.01 lot, floating spreads.
Market execution on VWAP, swap/rollovers.
1 pip min. stop for major pairs.
Forex 24/5, Crypto 24/7. NDD, 50% stop out.
Minimum deposit 100$
Trade currencies, metals, indices, energy, futures and crypto on cTrader.
From 0.01 lots. $35 per $1 million for currencies/metals, the rest are floating spreads.
Swap/rollovers. No minimum stop loss.
Market execution VWAP, hedging.
Currencies 24/5. NDD, 50% stop-out.
Minimum deposit 100$
All major assets on branded FxPro and MT4 platforms.
From 0.01 lot, floating spreads with markup.
Swap/rollovers, 1 pip min. stop for major pairs.
Market execution VWAP, hedging.
Forex 24/5, Crypto 24/7. NDD model, 50% stop out.
Minimum deposit 100$
Trade from your Preferred Device
Trade anywhere and anytime according to your preferences using downloadable desktop apps, mobile apps, or trade online right away.
Applications for PC
Several applications are available for your PC (Windows or Mac).
Mobile Apps
Trade from your smartphone or tablet based on Android or iOS
Online Trading
Use the web terminal without having to download apps.
Convenient Deposit and Withdrawal of Funds
FxPro provides various payment methods for South African traders to deposit funds into their trading accounts. The minimum deposit for most accounts is $100 or 1880 ZAR. While the broker doesn’t charge a commission for deposits, payment operators may apply fees.
Traders from South Africa can choose from:
- Card payment (Visa/Mastercard/Maestro);
- E-wallets (PayPal, Skrill, Neteller);
- Direct bank transfers for non-cash transactions.
- Online banking services offered by major South African banks: Standard Bank, Absa, FNB, Nedbank, Capitec, Investec.
These payment options aim to make depositing funds into South African traders’ accounts easy and convenient, while adhering to local banking practices. Additionally, the broker follows the “Know Your Customer” (KYC) policy and other security measures to protect traders’ interests.
Professional Customer Support
The company provides comprehensive multilingual support for the convenience of clients from many countries around the world.
Customers have access to the following services for addressing inquiries and resolving issues:
- Support Center: extensive knowledge base about trading platforms, financial activities and other aspects of the company.
- Online support via live chat in your personal profile.
- Email: inquiries are accepted at [email protected].
- Phone: Global support specialists are available by phone. A callback can be requested.
New clients get assigned a dedicated account manager to guide them through account opening, funding, platform setup and developing a trading plan within their personal risk tolerance.
Try Trading Without Risk
Start trading with a trusted international broker today. Sign up and get access to a free demo account with a $100000 virtual balance and full access to all tools to get a good feel for the platform.
