Minimum Deposit in zar FxPro
Account Types and Minimum Deposits
FxPro provides South African traders with multiple account options, each designed for different trading needs. The minimum deposit requirements vary based on the account type selected. These requirements ensure traders can access appropriate trading conditions for their investment level.
Our account structure includes three main types, each with specific deposit requirements in South African Rand (ZAR):
Account Type | Minimum Deposit | Trading Features |
Standard | R1,500 | Variable spreads from 1.4 pips |
Raw+ | R15,000 | Raw spreads from 0.2 pips |
Elite | R450,000 | Premium conditions |
Standard Account Details
The Standard Account represents our entry-level trading option for South African traders. This account type provides access to all major trading platforms and basic trading conditions. The account features variable spreads without additional commissions.
Standard Account characteristics include:
- Minimum deposit: R1,500
- Variable spreads from 1.4 pips
- No commission
- Maximum leverage 1:2000
Raw+ Account Features
The Raw+ Account offers enhanced trading conditions for more experienced traders. This account type provides access to tighter spreads and advanced trading tools. The higher minimum deposit reflects the professional trading conditions available.
Raw+ Account specifications include:
- Minimum deposit: R15,000
- Raw spreads from 0.2 pips
- Commission: $7 per lot
- Advanced trading tools
Deposit Methods
FxPro offers multiple deposit methods for South African traders. Each payment method processes transactions in ZAR, eliminating currency conversion fees. Processing times vary depending on the selected payment method.
Available deposit methods include:
- Local bank transfers
- Credit/Debit cards
- Electronic wallets
- Mobile payment systems
Bank Transfer Details
Local bank transfers remain the most popular deposit method among South African traders. This method provides secure and reliable transactions directly in ZAR. The process typically completes within one business day.
Bank transfer requirements:
- Minimum transfer amount: R1,500
- Processing time: 1-2 business days
- No processing fees from FxPro
- Reference number required
Account Currency Options
While deposits are accepted in ZAR, traders can choose different base currencies for their trading accounts. This flexibility allows for better currency risk management. The account currency selection affects various aspects of trading operations.
The following base currencies are available:
- ZAR (South African Rand)
- USD (US Dollar)
- EUR (Euro)
- GBP (British Pound)
Deposit Verification Process
Account funding requires verification to ensure security and regulatory compliance. The verification process includes document submission and identity confirmation. All verification procedures comply with FSCA regulations.
Required verification documents include:
- Proof of identity
- Proof of residence
- Proof of payment
- Additional documents as required
Trading Platform Access
Upon successful deposit, traders gain access to multiple trading platforms. Platform selection does not affect minimum deposit requirements. Each platform provides specific trading features and tools.
Available platforms include:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- cTrader
- FxPro Direct
Account Maintenance
Active trading accounts require maintaining minimum balance levels. Balance requirements vary by account type and trading activity. Regular account monitoring ensures compliance with minimum balance requirements.
Balance Requirements
Minimum balance requirements help maintain active trading status. These requirements ensure adequate margin for open positions. Regular monitoring prevents account limitations.
Processing Times
Different payment methods have varying processing times for deposits. Electronic payment systems typically provide instant crediting of funds. Bank transfers may require additional processing time due to banking system procedures.
Processing time overview:
Payment Method | Processing Time | Minimum Amount |
Bank Transfer | 1-2 days | R1,500 |
Credit Card | Instant | R1,500 |
E-wallets | Instant | R1,500 |
Additional Account Features
Each account type includes specific features beyond basic trading capabilities. Feature availability depends on the deposit amount and account type. Additional services become available at higher deposit levels.
Elite account holders receive:
- Dedicated account manager
- Priority support
- Advanced analysis tools
- Custom solutions
Security Measures
FxPro implements strict security measures for all deposits. Multiple verification layers protect client funds. All transactions undergo security screening.
Security features include:
- SSL encryption
- Two-factor authentication
- Transaction monitoring
- Fraud prevention systems
Frequently Asked Questions
Yes, trading becomes available once the deposit is credited and verified, typically instant for electronic payments and 1-2 business days for bank transfers.
FxPro does not charge deposit fees, however, your payment provider may apply their own transaction fees.
Yes, accounts can be upgraded by meeting the minimum deposit requirements for the desired account type. Contact support for assistance with account upgrades.