Is FxPro regulated in South Africa?
FxPro Financial Services Limited is authorised and regulated by the South Africa Financial Sector Conduct Authority (authorisation number 45052). The FSCA is the independent supervisory and regulatory authority for the non-banking services industry in South Africa.
What is the highest leverage on FxPro?
| Financial Product | FxPro Global (SCB) Maximum Leverage | FxPro Europe (CySEC and FSCA) Maximum Leverage |
|---|---|---|
| Energy | 100:1 | 10:1 |
| Commodities | 50:1 | 10:1 |
| Share CFDs | 25:1 | 5:1 |
| Cryptocurrency | 20:1 | 2:1 |
Is FxPro regulated in the US?
FxPro says they are well‑known throughout the industry as a trustworthy and reliable broker. They are regulated by the FCA, CySEC, FSCA, and SCB.
Is FxPro a good forex broker?
FxPro is a well-capitalized, trustworthy broker that offers multiple platform options, multiple trade execution methods, and can cleanly execute large orders for professional traders.
Is FxPro a good broker in South Africa?
Yes, we do recommend FxPro to South African Traders. We like them for their local FSCA regulation, their very low spread in cTrader account, great customer support and no deposit and withdrawal charges.
What is the minimum deposit for HotForex?
Click on the accounts above so you can compare them.
| Account Type: | Micro | Premium |
|---|---|---|
| Minimum Deposit: | $5 | $100 |
| Minimum trade size (Lots): | 0.01 Lot | 0.01 Lot |
| Fifth Decimal: | ||
| Maximum Leverage: | 1:1000 * | 1:500 * |
What is the minimum deposit for FxPro?
$100
The minimum deposit at FxPro is $100.
| FxPro | ActivTrades | |
|---|---|---|
| Minimum deposit | $100 | $500 |
What leverage does FxPro offer?
With leverage 1:5 you would need to deposit EUR 20,000 to open 1 lot of EURUSD (100,000) , while at leverage 1:30 you could open the same trade with only EUR 3,333….What is leverage?
| Initial margin | Leverage | Buying Power (units) |
|---|---|---|
| $1,000 | 1:10 | $10,000 |
| $1,000 | 1:33 | $33,000 |
Does FxPro have commission?
On the cTrader platform FxPro charges a commission fee of $45 per million USD traded. If your account is denominated in a currency other than USD you will need to convert this figure. FxPro’s Commission Calculator does this for you.