FxPro for South African Traders: Accounts, Platforms and Costs
An independent look at FxPro for traders based in South Africa: how the account types price a trade, which of the five platforms to run, and what opening and funding an account actually involves. Terms are set by FxPro and can change, so confirm the current offer before you sign up.
Open FxPro Account →FxPro is a UK-founded forex and CFD broker operating since 2006 that, according to FxPro, serves clients in South Africa among many other countries. Traders pick from five account types spread across MetaTrader 4, MetaTrader 5, cTrader and the FxPro Edge web platform, with access to 2,116 instruments across forex, indices, shares, metals and energies. Accounts are held in major base currencies (USD, EUR or GBP) rather than ZAR, so a deposit from a South African bank card or e-wallet is converted at the payment provider's rate on the way in. The minimum deposit is $100 and leverage runs up to 1:200 depending on the instrument. South Africa runs on SAST (UTC+2) year-round with no clock changes, which keeps the local session overlap with London and New York consistent through the year. Availability and terms can change, so confirm the current offer before opening an account.
Why South African traders choose FxPro
- Five account types across MT4, MT5, cTrader and FxPro Edge
- Raw spreads from 0.0 pips on commission accounts
- 2,116 instruments spanning forex, indices, shares and metals
- No deposit or withdrawal fees on most funding methods
- Fast no-dealing-desk execution with negative balance protection
- Open to South African residents according to FxPro
Official Partner of the McLaren Formula 1 Team
FxPro is an Official Partner of the McLaren Mastercard Formula 1 Team — a partnership that began in 2018 and was extended again in 2026. FxPro's branding appears on the McLaren F1 cars, driver helmets and team kit throughout the season, reflecting a shared focus on speed, precision and innovation.
The 2026 renewal followed McLaren's 2025 season, in which the team won the Formula 1 Constructors' Championship and Lando Norris took the Drivers' Championship.
Which FxPro account fits which trader
| Account | Platform | Spread from | Commission | Best for |
|---|---|---|---|---|
| MT4 Standard | MetaTrader 4 | 1.2 pips | None | Beginners who want all-in spreads |
| MT4 Raw+ | MetaTrader 4 | 0.0 pips | $3.50 / lot / side | Active traders wanting raw spreads |
| MT5 | MetaTrader 5 | 1.4 pips | None | Multi-asset traders, shares CFDs |
| cTrader | cTrader | 0.0 pips | $3.50 / lot / side | Scalpers and algo traders |
| FxPro Edge | FxPro Platform | 0.0 pips | Variable | Web-based all-in-one trading |
FxPro in South Africa — the short version
FxPro is a UK-founded forex and CFD broker that has operated since 2006. For a trader in South Africa the main decision is how to pay for a trade: the Standard account bundles the cost into the spread (from 1.2 pips, no separate commission), while Raw+ and cTrader charge a raw spread from 0.0 pips plus $3.50 per lot per side — better value at higher volume.
All account types share the same $100 minimum deposit and a free demo, so the platform and cost model can be tested before funding a live account. Five platforms are available — MT4, MT5, cTrader, FxPro Edge and TradingView — through a single FxPro Direct login.
Trading CFDs with leverage carries a high risk of losing money quickly. How much is at risk on any trade comes down to position size, not which platform or account type is chosen.
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