On March 7, 2024, FxPro announced the addition of 10 new cryptocurrency CFDs (including Avalanche, Toncoin, NEAR Protocol, etc.), bringing the total number of crypto assets on the platform to 39, and supporting 24/7 two-way trading. With the FXPRO bonus program ($50 each for inviting friends), traders can participate in the emerging crypto market at a low cost. This article will provide you with a detailed explanation!

FxPro Platform Strength: 26 Years of Compliance with Industry Benchmarks

FxPro is a globally recognized online trading broker that focuses on providing traders around the world with a high-quality trading environment and professional trading services.FxPro supports a wide range of trading asset classes, including forex, stocks, indices, precious metals, energy and cryptocurrency contracts for difference (CFDs). The company utilizes an industry-leading “No Dealer Disposition” (NDD) model to ensure fast order execution and a transparent trading experience.

As an important player in the global financial market, FxPro has won the trust and recognition of traders worldwide due to its stable trading environment, innovative trading technology and strict risk control system.

Regulatory Status

FxPro is committed to providing a safe and compliant trading environment and is strictly regulated by a number of international financial regulators, including:

• UK Financial Conduct Authority (FCA)
• Cyprus Securities and Exchange Commission (CySEC)
• Securities Commission of the Bahamas (SCB)
• Financial Sector Conduct Authority of South Africa (FSCA)

The strict supervision of these regulatory bodies ensures the safety of FxPro's funds and transparency of its business, while enhancing the protection mechanism of clients' funds.

Core Advantages

• Diversified trading products: Covering six major asset classes including forex, stocks, indices, precious metals, energy and cryptocurrencies.
• Leading trade execution: Adopting no trader intervention mode, providing ultra-low latency and deep market liquidity.
• Funds safety and security: client funds are completely segregated from the company's funds and deposited in internationally recognized banks to ensure safety.
• Multi-platform support: Provides multiple trading platforms such as MT4, MT5, cTrader, etc. to meet the needs of different traders.

FxPro always adheres to the business philosophy of compliance, transparency, and security to provide global traders with an excellent trading experience.

New Crypto Asset Details

FxPro currently supports trading in 39 cryptocurrencies, 10 of which are new assets (labeled as ✅). In addition, FxPro has increased the maximum USD exposure for Trumpcoin (TRUMP) to $50K to meet market demand.

Account opening process: 5 minutes to complete the certification

1. Registration Steps

1. Click “Open a Real Account” on the official website and fill in basic information such as email/password/nationality/occupation.
2. Risk assessment: you need to pass the financial market knowledge test (those who do not pass can only use the demo account)
3. Upload documents:
   1. Proof of identity: passport/ID card/driver's license
   2. Proof of address: utility bill or bank statement within 6 months
4. After successful verification, manage your account through the FxPro Direct back office.

2. Activate $50 bonus

• Invite a friend to open an account via the exclusive link and complete the first transaction, both parties will receive $50 to the trading account.
• The bonus can be withdrawn or used for trading crypto CFDs (subject to the completion of the equivalent trading volume).

Deposit and Withdrawal Practical Guide

1. The whole process of depositing money is analyzed

1.1 The three major ways of depositing funds in detail

① Credit/Debit Card Deposit

• Applicable people: small quick deposit (single 100-100-5,000)
• Procedure:
  • Login to FxPro Direct → click on “e-Wallet” → select “Credit/Debit Card”.
  • Enter your card number/expiry date/CVV → choose the currency and amount (must be the same as the wallet currency).
  • Complete 3D Secure verification (some banks require SMS confirmation).
• Notes:
• Single day limit: Visa/MasterCard usually ≤ $10,000 (according to card issuer's policy)
• Currency Conversion Fee: If you deposit in a currency other than the wallet currency, the bank will charge a 1%-3% exchange rate premium.

② Wire transfer deposit

• Applicable people: large amount of funds (recommended ≥ $10,000)
• Bank Information Template:
  • Bank Name: Barclays Bank UK SWIFT
  • Code: FXPRGB21
  • Account Name: FxPro UK Limited Client Funds
  • Account Number: [Login to your Fxpro account back office to get your exclusive account number].
• Comparison of arrival time:

③ E-wallet deposit (Neteller/Skrill)

• Advantage:
  • Support instant conversion of 7 currencies (EUR/USD/GBP etc.)
  • Zero commission (but e-wallet service providers may charge 1%-2% exchange loss)
• Pit Avoidance Guide:
  • Prioritize top-ups in the same currency as the wallet (e.g. EUR wallet top-ups in EUR)
  • Avoid multiple cross-currency conversions (e.g. USD→EUR→GBP resulting in double exchange losses)

1.2 Exchange rate loss calculation model

Example: User deposits $1,000 from China to EUR wallet with a CNY credit card.

• Bank exchange rate: 1 CNY = 0.128 EUR (market price 0.130) → 1.5% loss
• FxPro conversion: EUR → USD (platform rate premium 0.3%) → loss of $4.5
• Total loss: 1,000 x (1.51,000 x (1.518)

Optimized solution:

• Direct deposit to USD wallet using a USD credit card
• Wire transfer of large sums of money via offshore accounts (reducing intermediary bank charges)

1.3 Special rules for weekends and holidays

• Position limits:

• Solution:
  • Close part of the position before market close on Friday to release margin.
  • Weekend liquidity protection for VIP accounts (advance application required)

2. Withdrawal fine management

2.1 Withdrawal Priority Rules

• Order of principal withdrawal:
  • Last deposit method (if the last deposit was made with Skrill, priority will be given to return Skrill)
  • Historical deposit methods (in reverse chronological order)
  • Wire transfer (subject to verification of bank account ownership)
• Profit withdrawal rules:
  • Full withdrawal of principal is required before choosing the method of your choice
  • Exception: wire transfer profits need to provide proof of source of funds (only ≥ $ 50,000)

2.2 Failure to withdraw funds

Scenario 1: The original credit card has been canceled

• Operation Procedure:
  • Contact the card issuer to get proof of the new card
  • Send to [email protected]
  • The finance department returns the funds to the new card (takes 7-10 days)

Scenario 2: Wire transfer account is rejected

• Common Reasons:
  • Account name mismatch (needs to be exactly the same as the real name of the FxPro account)
  • Transit bank refuses to process (prefer international banks such as Standard Chartered/HSBC)

2.3 Multi-currency withdrawal strategies

2.4 Audit red line

• Actions that trigger manual audit:
  • Withdrawal ≥$50,000 in a single day
  • Withdrawals exceeding the total amount of deposits within 90 days of account registration.
  • Frequent small withdrawals (≥3 times in 24 hours)
• Accelerated Audit Tips:
  • Upload complete tax documents in advance
  • Select weekdays 10:00-15:00 GMT to submit your application

Comparison of Account Types: Crypto Trading Costs Explained

Choose the optimal account based on trading frequency and capital volume:

Notes:

1. All account types support 2100+ CFD products (Stocks/ETFs only on MT5 platform)
2. Spreads are averages of typical market conditions, actual trading may vary due to liquidity.
3. Elite accounts are required to meet one of the following conditions:
   1. Average monthly trading volume ≥ 1,000 standard lots
   2. Account equity ≥ $100,000
   3. Institutional Client Qualification

Dynamic leverage alerts:

1. Retail Clients: Fixed leverage of 1:20 for Crypto CFDs and up to 1:200 for FX & Gold.
2. Professional Clients ($50,000 Deposit/High Frequency Trading Qualification):
   1. Forex & Gold leverage up to 1:10,000
   2. Crypto CFD leverage can be applied to increase to 1:50

Platform Comparison

Table Description:

1. ✓ indicates that the feature is supported
2. ✗ indicates that the feature is not supported
3. Special features are labeled with instructions:
   1. cTrader's Trailing Stop includes Break-even Stop advanced features
   2. MT5 time frames support 21 types (industry's most complete)
   3. cTrader charts support brick charts (Renko) and other specialized modes

Key Points of Difference:

• Programmatic trading: only MT4/MT5/cTrader support EA trading
• Depth of Market: MT5 and cTrader provide full DoM data
• Customization capabilities: cTrader is the most powerful in terms of chart analysis and order types

FAQ: FxPro Rewards & Crypto Trading High Frequency Questions & Answers

1. Account Opening and Certification

Q1: Do I have to complete a risk assessment to open an account? What if I fail the assessment?

A: Yes, as an FCA regulatory requirement, all live account applicants are required to pass a financial market knowledge test. If you do not pass the assessment:

• You can open a free demo account to learn
• Contact customer service to reassess (proof of trading experience is required)

Q2: Can joint accounts participate in the Invitation Rewards Program?

A: Yes, but need to be satisfied:

• Joint account holders are husband and wife or immediate family members
• Each member is required to complete personal account verification first
• Reward money will be equally distributed to the joint account

Q3: How do I update my identity information after my passport expires?

A: Login to FxPro Direct back office, go to “My Profile” → “Upload Documents”, submit a new passport scan, and the audit will be completed within 3 working days.

2. Deposit and withdrawal operations

Q4: What are the common reasons for credit card deposit being rejected?

A：Mainly contains:

• The card issuer restricts international transactions (need to contact the bank to release)
• A single transaction exceeds the limit of the card organization (Visa single transaction usually ≤ $ 5,000)
• Incorrect input of CVV code or expiration date

Q5: Can I top up my trading account with my e-wallet on weekends?

A: If there is no position held in the trading account, you can transfer funds at any time; if you hold a position:

• Forex/Crypto: transfer is prohibited from 22:00 Friday to 22:00 Sunday (UK time)
• Stocks/indexes: depending on the specific market closure time

Q6: How can I avoid transfer bank charges for wire transfers?

A: Choose SEPA EUR transfer or UK local GBP transfer, there is usually no transit fee.

3. Accounts and Transactions

Q7: Zero+ account for3.5Is the commission unilateral or bilateral?

A: Each lot is charged ∗∗ unilateral 3.5 (open and close positions are calculated separately), for example:

• Trade 1 lot of Bitcoin: Open position3.5+Close position3.5 + Close position 3.5 = Total commission $7

Q8: What are the conditions required to negotiate spreads for VIP accounts?

A: At least one of the following needs to be met:

• Average monthly trading volume in the last 3 months ≥ 500 standard lots
• Consistent account equity ≥$50,000
• Proof of institutional client qualification

Q9: What is the difference between MT4 and cTrader platforms in crypto trading?

A: The core differences are as follows:

4. Bonus Program

Q10：Does the $50 bonus have an expiration date?

A: Reward money is valid for 90 days from the date of issuance and will expire automatically if not utilized after the expiration date.

Q11: Can I stack the rewards by inviting multiple friends?

A: It can be stacked indefinitely. For every successful invitation of 1 friend and his/her first transaction, both parties will receive $50.

Q12: How to calculate the volume requirement of Reward Money?

A: You need to complete a trading volume equivalent to the value of the bonus (e.g. using(e.g. with 50 Bonus Money you need to trade 50 Bonus Money you need to trade 50 x the notional value of the leverage).

5. Risk and Regulation

Q13: How can UK residents apply for Professional Client status?

A: The following conditions need to be met at the same time:

• Transactions ≥ 10 large transactions (single ≥ €15,000) in the last 4 quarters
• Financial assets ≥€500,000
• Sign the “Professional Client Risk Acknowledgement

Q14: Does negative balance protection cover all accounts?

A: Yes, regardless of account type or regulatory entity, all clients enjoy the protection of loss not exceeding the principal amount.

Q15: What are the rules for crypto trading forcible drawdown?

A: A strong close is triggered when the margin ratio drops to the following levels:

• Retail account: margin ratio ≤ 50%
• Professional accounts: margin ratio ≤20%

6. Technical Support

Q16：How to get MT4 VPS server?

A：VIP accounts are automatically gifted, other accounts need to fulfill:

• Trading volume in the last 30 days ≥ 50 lots
• Account net worth ≥$5,000
• Submit VPS application through the back office

Q17: How to export historical order data?

A：Login to FxPro Direct → select “Report” → set time range → download CSV format trading records.

Q18: How to get evidence when I encounter platform disconnection?

A: Immediate screenshot contains the following elements:

• Disconnection timestamp (platform time and local time)
• Undelivered order number
• Evidence of market fluctuation Send the material to [email protected] to apply for dispute processing.

Conclusion

FxPro's addition of 10 new cryptocurrencies further enriches its trading product line and meets the market's demand for diversified crypto asset investments. Combined with the $50 referral bonus program, traders can not only participate in the crypto market at a low cost, but also enhance their trading experience with FxPro's stable trading environment and compliance guarantee. Whether you are a novice or an experienced investor, you can take advantage of FxPro's platform to flexibly lay out the digital asset market and capitalize on potential investment opportunities. In the process of participating in activities and transactions, it is important to pay attention to risk management and rational allocation of funds to ensure investment safety.

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