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FAQ · SA · July 2026
FxPro South Africa — Frequently Asked Questions
FxPro holds FSCA authorisation FSP 45052, offers ZAR base accounts and $0 broker-side deposits — Standard has no fixed Wallet minimum but payment methods often need ~$100/R equivalent; 75%+ of retail accounts lose money trading CFDs.
75%+ of retail investor accounts lose money trading CFDs.
Money
ZAR deposits
Trust
FSCA facts
Regulation and entity
FSCA FSP 45052 is issued to FxPro Financial Services Ltd — verify on the public register, then match your client agreement. FxPro also holds FCA 509956, CySEC 078/07 and SCB SIA-F184 in the wider group; your onboarding entity determines which applies.
CFDs under FSCA auth are principal-to-principal and not FAIS intermediary services. FSCA authorisation is not a guarantee that every SA visitor receives the FSCA entity — check at signup.
Money in and out
Broker-side deposit fees: $0. Standard Wallet: no fixed minimum; payment rails often ~$100 or rand equivalent — confirm in FxPro Direct. ZAR base currency is available on supported routes.
Withdrawals: mostly $0 broker-side except Neteller at 2.6%. Raw+ typically needs ~$1,000 to open comfortably. Inactivity fee: $15/month after six months without trading. EFT from FNB, Capitec or Standard Bank is the common SA path — see ZAR deposits.
Platforms and demo
Live and demo on MT4, MT5 and cTrader via FxPro Direct. Demo uses virtual funds — useful before your first rand transfer. Demo pricing mirrors live; execution can differ under real volatility.
Opening live? Follow open account and verify FSCA status first.
Risk, leverage and tax note
75% or more of retail investor accounts lose money when trading CFDs with this provider — FxPro publishes that figure; we repeat it because affiliates often do not.
Leverage caps depend on entity — higher on some offshore routes, lower on FCA/CySEC retail profiles. Tax on trading profits may involve CGT in South Africa; we are not tax advisers — speak to a qualified professional. Nothing here promises returns.
FAQ
Is FxPro regulated by the FSCA?
FSP 45052 for FxPro Financial Services Ltd — confirm your account entity matches before you rely on FSCA dispute channels.
What is the minimum deposit?
Standard: no fixed Wallet minimum; payment methods often ~$100/R equivalent — verify live in FxPro Direct.
Can I trade in ZAR?
ZAR is available as a base currency subject to account setup on your route.
What leverage can SA traders get?
Depends on entity — up to 1:500 on some offshore entities; lower on FCA/CySEC retail routes.
Are forex profits taxed in SA?
CGT may apply — not tax advice; consult a qualified adviser.
Does FxPro offer a demo?
Yes — MT4, MT5, cTrader via FxPro Direct; see our demo guide.