FxPro Fee and Commissions

FxPro Trading Account Types and Commission Structure

FxPro provides a variety of account types tailored to traders in Philippines. Each account features unique fee structures to suit diverse trading needs. The MT4 Instant Execution account uses only spreads, starting at 1.8 pips for EUR/USD during active hours. Traders preferring no commission fees often select this account due to its simplicity. For those aiming at tighter spreads, the MT4 Market Execution account combines spreads from 0.6 pips with a $3.50 commission per side per standard lot.

The MT5 account mirrors Market Execution pricing but includes advanced trading analytics and tools. Our cTrader account offers ECN-style execution with zero pip spreads and a commission of $2.25 per side per 100,000 base units. This account is designed for traders requiring fast execution and minimal latency. All account types require a minimum deposit of $100 USD.

Forex Trading Spreads and Currency Pair Costs

Major Currency Pair Pricing

Major currency pairs maintain competitive spreads on all FxPro platforms. EUR/USD spreads vary from 0.6 pips on Market Execution to 1.8 pips on Instant Execution during peak periods. GBP/USD starts at 0.8 pips, while USD/JPY ranges between 0.7 and 1.5 pips, influenced by the Asian session liquidity. AUD/USD and USD/CAD spreads begin at 0.9 and 1.2 pips respectively. These spreads reflect real-time market conditions and liquidity available on Philippine trading hours.

Minor and Exotic Currency Spreads

Cross currency pairs experience wider spreads due to less frequent trading volume. EUR/GBP starts at 1.4 pips, while GBP/JPY begins at 2.1 pips. Exotic pairs such as USD/TRY and USD/ZAR carry significantly higher spreads, starting at 15 and 25 pips respectively. These reflect the increased volatility and lower liquidity of emerging market currencies. Traders in Philippines should consider these spread differences when selecting currency pairs for trading.

CFD Trading Commissions and Index Spreads

FxPro offers CFD trading on indices, commodities, and stocks with specific fee structures. Index CFDs use spread-only pricing without added commissions. For example, US30 (Dow Jones) spreads start at 2.0 points during regular trading hours. UK100 (FTSE 100) and GER30 (DAX) spreads begin at 1.0 and 1.2 points respectively. Spread widening can occur at market openings or during low liquidity.

Commodities like oil CFDs have spreads from 3.0 cents per barrel, gold CFDs from $0.35 per ounce, and silver from $0.025 per ounce. Individual stock CFDs include commissions: US stocks incur $0.02 per share with a $1 minimum, and UK stocks charge 0.1% commission with £9 minimum. This structure ensures transparent costs aligned with Philippine market standards.

Overnight Financing and Swap Rates

Currency Pair Swap Calculations

Positions held past 6:00 AM Philippine Time (22:00 GMT) incur overnight financing. Swap rates depend on interest rate differentials between currencies. For example, long EUR/USD positions may carry negative swaps reflecting current monetary policies. The swap is calculated by (Contract Size × Swap Rate × Lots) divided by 10. Triple swap fees apply on Wednesdays to cover weekend rollover.

CFD Overnight Charges

Index CFDs have overnight charges based on benchmark interest rates plus spreads. Long positions typically face annual charges between 2.5% and 4.5%. Commodity CFDs apply financing costs related to storage and interest rates. Precious metals carry overnight fees reflecting storage and market conditions. Real-time swap updates display directly within the FxPro platforms, enabling Philippine traders to monitor costs accurately.

• Automatic swap calculation at 22:00 GMT daily
• Triple swap fees on Wednesday settlement
• Holiday adjustments for major global markets
• Real-time swap rate updates in platform
• Separate long and short position calculations

Account Funding and Withdrawal Fees

Deposit Methods and Associated Costs

Philippine traders can fund their accounts via various methods, all without FxPro fees. Bank wire transfers take 1-3 business days and may incur bank fees. Credit and debit card deposits process instantly with no platform charges, supporting USD, EUR, and GBP. E-wallets such as Skrill, Neteller, and Perfect Money allow instant deposits but may charge provider fees ranging from 1% to 2.5%.

Withdrawal Processing and Charges

Withdrawals use the original deposit method where feasible. Bank wire withdrawals below $500 face a $10 fee; above that, withdrawals are free. Credit card withdrawals process within 3-5 business days without fees but cannot exceed the deposited amount. E-wallet withdrawals complete within 24 hours, with Perfect Money offering instant transfers. Philippine traders should plan withdrawals accordingly to minimize delays and fees.

Trading Platform Fees and Data Costs

FxPro’s MT4 and MT5 platforms are offered without monthly access fees. Standard real-time market data, including currency pairs, indices, and commodities, is included. Extended data services such as Level II market depth cost $15 per month. Real-time NYSE and NASDAQ quotes require a $25 monthly subscription. The cTrader platform is free for all account holders and offers advanced charting, algorithmic trading, and order management.

• MT4/MT5 platform access: Free
• Standard market data included
• Level II data package: $15/month
• NYSE/NASDAQ real-time: $25/month
• cTrader platform: Free
• Expert Advisor hosting: Free

Inactivity and Account Maintenance Charges

Dormant Account Fee Structure

Accounts in Philippines with no trading activity for 12 months incur a $5 monthly inactivity fee if the balance exceeds $10. This fee is deducted automatically on the 15th of each month. Notifications are emailed 30 days before charges begin. Any trading activity immediately halts inactivity fees, allowing easy account reactivation.

Account Closure and Final Charges

Closing an account takes up to 5 business days without fees. Remaining funds return via the original funding method when possible. Withdrawals follow standard fee rules. Negative balance protection is active, preventing accounts from falling below zero due to trading losses. This feature operates automatically without extra cost to Philippine traders.

FxPro Fee and Commissions Comparison and Cost Optimization

Philippine traders can optimize trading costs by selecting the appropriate FxPro account. Instant Execution suits traders with under 10 lots monthly, focusing on spread-only fees. Market Execution and cTrader accounts benefit higher volume and scalping strategies where commissions reduce overall costs. The $3.50 commission per side becomes economical with tight spreads at higher volumes.

Our platform ensures all fees and commissions display transparently before order confirmation. Real-time spread monitoring tools help traders choose the best entry and exit points. Local payment options lower funding expenses and speed up transactions. Philippine traders should also consider overnight financing when maintaining positions to manage total trading costs effectively.

• Select account type based on monthly trading volume
• Trade during peak liquidity hours to reduce spreads
• Use commission rebate programs for frequent trading
• Factor overnight swap costs into swing trades
• Monitor real-time fees within the FxPro platform