Overview of FxPro Account Types
FxPro provides traders with diverse account options across multiple trading platforms. Each account type is carefully designed to cater to specific trading needs, from beginners to experienced professionals. The broker's account structure includes Standard, Raw+, and Elite options, all available on the popular MetaTrader 4 and MetaTrader 5 platforms.
Main FxPro Trading Accounts
FxPro offers three primary account types that differ in terms of execution model, commission structure, and minimum deposit requirements:
- Standard MT4/MT5 Accounts - Designed for beginner and intermediate traders with market execution and spreads from 1.3 pips
- Raw+ MT4/MT5 Accounts - Tailored for active traders seeking lower spreads with commission-based pricing
- Elite MT4/MT5 Accounts - Premium account option with the tightest spreads and enhanced features for professional traders
Each account type is available on both the FxPro MT4 and FxPro MT5 platforms, giving traders flexibility to choose their preferred trading environment. The broker also offers alternatives like FxPro cTrader for those who prefer different trading interfaces.
Detailed Comparison of FxPro Account Types
When selecting an FxPro account type, it's important to understand the key differences in terms of costs, execution, and features. Below is a comprehensive comparison table highlighting the main characteristics of each account type:
| Feature | Standard MT4/MT5 | Raw+ MT4/MT5 | Elite MT4/MT5 |
|---|---|---|---|
| Minimum Deposit | $100 | $500 | $1,000 |
| Spread Starting From | 1.3 pips | 0.2 pips | 0.0 pips |
| Commission | No | Yes ($7 per lot) | Yes ($5 per lot) |
| Execution Type | Market Execution | Market Execution | Market Execution |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
| Ideal For | Beginners | Active Traders | Professional Traders |
The FxPro MetaTrader platforms offer a robust trading environment with advanced charting tools, technical indicators, and automated trading capabilities. Traders can also access their accounts via FxPro Webtrader for browser-based trading or the Fx-Pro Mobile App for trading on the go.
Standard MT4/MT5 Account Features
The Standard account is FxPro's entry-level offering, perfect for traders who are just starting their trading journey or prefer a straightforward pricing structure without commissions. Here are the key features of the Standard account:
- No Commission Structure - All trading costs are incorporated into the spread
- Accessible Entry Point - Low minimum deposit requirement of $100
- Full Range of Instruments - Access to all available trading instruments including forex, commodities, indices, stocks, and cryptocurrencies
- Leverage Options - Flexible leverage up to 1:500 (subject to regulatory restrictions)
- Educational Resources - Access to FxPro's educational materials and market analysis
The Standard account is available on both FxPro MT5 and MT4 platforms, giving traders the flexibility to choose based on their preference. For more detailed information about the Standard account features and benefits, visit Standard FxPro Account.
Raw+ MT4/MT5 Account Specifications
The Raw+ account is designed for more active traders who prioritize tight spreads and are willing to pay a separate commission for trade execution. This account type provides more competitive pricing for frequent traders:
- Ultra-Low Spreads - Starting from just 0.2 pips on major currency pairs
- Commission-Based - $7 per standard lot (round turn)
- Higher Minimum Deposit - Requires $500 to open
- Faster Execution - Optimized for high-frequency trading strategies
- Advanced Tools - Full access to all platform features including automated trading
The Raw+ account structure is particularly beneficial for scalpers and day traders who execute multiple trades and need to minimize costs. Traders can download FxPro MT4 or use the FxPro MT5 platform with this account type. Learn more about the Raw+ account features at Raw+ FxPro Account.
Elite MT4/MT5 Account Benefits
The Elite account represents FxPro's premium offering, providing the most competitive trading conditions for serious and professional traders. This account type comes with several advanced features:
- Institutional-Grade Spreads - Starting from 0.0 pips on major pairs
- Reduced Commission - Lower commission rate of $5 per standard lot
- Priority Support - Dedicated customer service with faster response times
- Enhanced Execution - Superior execution speed and minimal slippage
- Higher Minimum Deposit - $1,000 initial deposit requirement
The Elite account is the preferred choice for professional traders who value execution quality and tight spreads. This account type is available on both the FxPro MT4 and FxPro MT5 platforms. For a comprehensive overview of Elite account advantages, visit Elite FxPro Account.
Specialized FxPro Account Options
Beyond the standard trading accounts, FxPro offers specialized account types to cater to specific trading needs:
PAMM Accounts
FxPro PAMM (Percentage Allocation Management Module) accounts allow investors to allocate funds to experienced money managers who trade on their behalf. This is an ideal solution for those who want to participate in the markets but lack the time or expertise to trade personally. The PAMM system automatically calculates and distributes profits or losses proportionally based on each investor's contribution. For more information about PAMM accounts and available money managers, visit PAMM FxPro.
Demo Accounts
Before committing real capital, traders can practice with an FxPro Demo account. These accounts simulate real market conditions with virtual funds, allowing users to test strategies, familiarize themselves with the trading platforms, and practice risk management without financial risk. Demo accounts are available across all platforms including FxPro MT4, FxPro MT5, and FxPro cTrader. New traders can download the Fx Pro Apk for mobile practice as well. To open a demo account and start practicing, visit Demo FxPro.
VIP (Premium) Accounts
For high-net-worth individuals and institutional traders, FxPro offers exclusive VIP services through their Premium account program. VIP clients receive benefits such as personalized account management, customized trading conditions, higher leverage options, exclusive market insights, and invitations to special events. Eligibility typically requires substantial deposits or significant trading volumes. To learn more about the Premium account benefits and requirements, visit Premium FxPro.
Platform Compatibility with FxPro Account Types
FxPro provides multiple trading platforms to accommodate different trading preferences. Each account type can be used with various platforms, giving traders flexibility in their trading setup:
| Platform | Standard Account | Raw+ Account | Elite Account |
|---|---|---|---|
| FxPro MT4 | Yes | Yes | Yes |
| FxPro MT5 | Yes | Yes | Yes |
| FxPro cTrader | Yes | No | Yes |
| FxPro Webtrader | Yes | Yes | Yes |
| Fx-Pro Mobile App | Yes | Yes | Yes |
Traders can access their accounts through desktop applications by completing the FxPro Download process or use web and mobile alternatives for trading on different devices. The FxPro MetaTrader platforms remain the most popular choices due to their robust features and widespread adoption.
How to Choose the Right FxPro Account Type
Selecting the appropriate FxPro Account Type depends on several factors including your trading experience, strategy, and financial goals:
- For Beginners - The Standard account offers the simplest structure with no commissions and a low entry barrier
- For Active Traders - The Raw+ account provides cost advantages for those who trade frequently
- For Professionals - The Elite account delivers institutional-grade conditions for serious traders
- For Investors - PAMM accounts allow participation without active trading
- For Practice - Demo accounts provide risk-free learning opportunities
Consider your trading volume, preferred instruments, and sensitivity to costs when making your decision. Malaysian traders should also consider local regulations and payment methods when opening an account with FxPro.
The right FxPro Account Type can significantly impact your trading performance by affecting execution quality, costs, and available features. Most traders find that their needs evolve over time, and FxPro makes it relatively simple to upgrade your account as your trading develops.
Account Registration and Verification Process
Opening an FxPro account involves several steps to comply with regulatory requirements and ensure account security:
- Initial Registration - Complete the online application form with personal details
- Account Selection - Choose your preferred FxPro Account Type and trading platform
- Documentation - Submit verification documents including ID and proof of residence
- Verification - Wait for the verification process to be completed (typically within 24 hours)
- Funding - Deposit funds using one of the available payment methods
- Platform Setup - Download and install your chosen platform or access web-based alternatives
Malaysian traders can complete the entire registration process online, making it convenient to get started with FxPro regardless of location. The verification process is designed to be straightforward while maintaining compliance with international regulations.
FxPro Account Types offer a comprehensive range of options for traders of all levels. From beginner-friendly Standard accounts to professional Elite accounts, the broker provides tailored solutions to meet diverse trading needs.