ZAR Deposits and Withdrawals at FxPro
FxPro accepts cards, bank transfer and e-wallets with $0 broker fees on deposits and withdrawals (Neteller withdrawals carry a 2.6% charge). ZAR is a supported base currency, so you can hold a rand-denominated account — though funding rails may still involve FX conversion at your bank.
75%+ of retail investor accounts lose money trading CFDs.
Which base currency should South Africans choose?
If most of your banking is in rand, opening a ZAR base account avoids repeated USD conversion on every deposit and withdrawal. USD, EUR and GBP are also available if you prefer to hold a major currency and accept conversion at your bank's rate.
Spreads and commissions are quoted in the account currency. A ZAR account does not change FxPro's published pip costs — it changes how your bank statement looks.
Deposit methods and timing
FxPro lists card payments, international bank transfer and e-wallets among funding options, with $0 broker-side deposit fees as of July 2026. Card deposits often credit faster than SWIFT transfers, which depend on interbank processing. Check the client portal for method-specific limits and processing times before sending funds.
Withdrawal rules to know
Withdrawals generally return to the original funding source — a card deposit may refund to the same card; bank transfers go to a verified account in your name. FxPro charges $0 on withdrawals except the Neteller 2.6% edge case. E-wallets typically clear faster than EFT or international wire.
FAQ
What is the minimum deposit?
$100 on Standard and Raw+ accounts, per FxPro's published terms as of July 2026. Raw+ works best from around $1,000 given the $7 round-turn commission structure.
Does FxPro charge currency conversion?
Broker-side deposit and withdrawal fees are $0 (Neteller exception). Your bank or card issuer may charge FX spread when converting ZAR to USD or back.
How long do withdrawals take?
Depends on method: e-wallets often fastest; bank/EFT transfers follow interbank timelines. Check the portal estimate before requesting a payout.