Choose a FxPro Account That Matches How You Trade

What Account Types Does FxPro Offer

FxPro structures its accounts around platform choice and pricing model. Each type combines a specific trading platform with a distinct cost structure, giving traders a concrete set of trade-offs to evaluate.

Here is a summary of each available account type:

• Standard (MT4/MT5): Commission-free account where all costs are built into the spread; supports micro lots (0.01) and suits traders who prefer straightforward cost calculation.
• Raw+ (MT4/MT5): Tight spreads starting from zero pips combined with a fixed commission of $3.5 per side per lot on forex majors and gold; targets active traders focused on minimizing spread costs.
• Elite (MT4/MT5): Identical pricing structure to Raw+ but includes cash rebates starting from $1.50 per lot and additional VIP perks; designed for high-volume traders.
• cTrader: Available exclusively on the cTrader platform with ECN-style execution, depth-of-market visibility, and a volume-based commission of $35 per $1 million traded on forex and metals; zero commission on indices, energy, and crypto CFDs.
• Islamic (Swap-Free): Available across all account types upon request; replaces overnight swap charges with an administrative fee structure to comply with Sharia principles.
• Demo Account: Mirrors live account conditions including spreads and leverage up to 1:500; no deposit required and available on all platforms.

Detailed Account Comparison Table

The table below presents the core specifications for each live FxPro account type. Spreads shown are for major forex pairs such as EUR/USD.

Leverage up to 1:500 is available to eligible traders. Retail clients subject to certain regulatory frameworks may face lower leverage caps. UAE traders should confirm applicable leverage limits during account registration.

Individual Account Breakdowns

Standard Account

The Standard account charges no commission. All trading costs are embedded in the spread, which floats from approximately 0.6 pips on major forex pairs. This makes cost calculation straightforward – the spread visible at execution is the full cost of the trade.

Micro lot support (0.01 lot minimum) means traders can enter positions with smaller capital exposure. There is no fixed minimum deposit requirement for the Standard account. In practice, traders can start with as little as $10-$20, depending on the minimum amount supported by the chosen payment method. Market execution applies, with speeds below 14 milliseconds reported by FxPro. This account type suits traders who prefer a single, visible cost rather than a split between spread and commission.

Raw+ Account

The Raw+ account separates spread from commission. Spreads start from 0.0 pips on major pairs, and a commission of $3.5 per side per lot applies to forex and gold. On indices, energy, and crypto CFDs, no commission is charged. For a round-turn trade on EUR/USD, the total commission cost is $7 per standard lot.

The effective cost per trade depends on the actual spread at execution plus commission. In liquid market conditions, the combined cost on Raw+ can be lower than the all-in spread on a Standard account. This account fits traders who execute frequently and want the tightest possible entry and exit costs on forex and metals.

Elite Account

The Elite account shares the same spread and commission structure as Raw+. The distinction lies in rebates: traders receive cash rewards starting from $1.50 per lot, which effectively reduces the net commission cost over time. Additional VIP perks apply for high-volume traders, including dedicated support and enhanced analytics access.

This account type is positioned for traders generating substantial monthly volume. The rebate structure makes it more cost-effective at scale compared to Raw+. Traders who do not consistently hit high volume thresholds may not fully benefit from the Elite tier’s rebate program.

cTrader Account

The cTrader account operates exclusively on the cTrader platform and uses a volume-based commission model. For forex and metals, the charge is $35 per $1 million traded (applied on both opening and closing). Indices, energy, and crypto CFDs carry zero commission. Spreads are floating and reflect interbank liquidity with a markup.

The cTrader platform provides Level II pricing (depth of market), advanced order types, and algorithmic trading support. Position management tools and the absence of minimum stop levels distinguish this account from MT4/MT5 options. Traders who specifically require the cTrader environment – or who trade primarily in non-forex asset classes – may find the commission structure more favorable.

Islamic Account

Islamic accounts are available on all FxPro account types. They replace overnight swap charges with an administrative fee, maintaining Sharia compliance without altering the underlying spread or commission structure of the chosen base account. Traders in the UAE can request Islamic account status during the registration process or by contacting support.

Which Account Suits Which Trader

No single FxPro account type fits every trader profile. The decision depends on trading frequency, preferred platform, asset focus, and how costs are most conveniently structured.

A trader placing 5-10 trades per week on EUR/USD may find the Standard account’s all-in spread more convenient. A trader placing 50+ trades per week may find that Raw+’s near-zero spread plus $7 round-turn commission produces a lower total cost. The cTrader account’s commission model suits traders with large position sizes in non-forex instruments, where the zero-commission structure on indices and energy applies.

Traders who are uncertain can open a demo account on any platform to compare execution and cost behavior before committing to a live account type.

How to Open or Switch Accounts

Opening a live account on FxPro follows a standard KYC process. The steps below apply to UAE-based traders:

1. Register on the FxPro website and complete the online application form.

2. Submit proof of identity – a valid passport or Emirates ID is accepted.

3. Provide proof of address dated within the last three months (a utility bill or bank statement from a UAE-registered address qualifies).

4. Complete the financial questionnaire as part of the onboarding process.

5. Once verified (typically within 24 hours, though timelines vary), fund the account via a supported method.

6. Select the account type and platform during or after registration via FxPro Direct.

Switching between account types is managed through FxPro Direct. Traders can open additional account types within the same profile without closing existing accounts. Switching to an Islamic account requires a formal request; this can be submitted through the support portal or by contacting the support team directly. FxPro offers 24/5 multilingual support with Arabic available.

Deposits can be made via Visa, Mastercard, Skrill, Neteller, Perfect Money, bank wire transfer, or crypto (Bitcoin, Ethereum, Tether, and others). FxPro charges no deposit fees, though intermediary banks may apply charges on international wire transfers. Account currencies include USD, EUR, GBP, CHF, AUD, JPY, PLN, and ZAR. Dirham deposits convert to the selected account currency at the prevailing rate.

Islamic and Swap-Free Accounts

FxPro makes Islamic accounts available across all account types, including Standard, Raw+, Elite, and cTrader. The swap-free structure removes overnight interest charges, replacing them with an administrative fee arrangement. The underlying spread and commission conditions of the chosen base account remain unchanged.

UAE traders who require Sharia-compliant trading conditions can select the Islamic account option at registration or request the conversion of an existing account. The Islamic account does not restrict access to any asset class or platform. All 2,100+ instruments available on the standard account types remain accessible, including forex pairs, metals, indices, energy CFDs, crypto CFDs, and stocks and ETFs on MT5.

Traders should review the specific administrative fee structure applicable to their base account type, as this may vary. Contacting FxPro support directly for written confirmation of the current fee schedule is advisable before opening a swap-free account.

Summary: FxPro Account Types Side by Side

The comparison below consolidates the key decision points across all FxPro account types available to UAE traders.

Each account type reflects a different cost philosophy. The Standard account consolidates costs into the spread. Raw+ and Elite isolate the spread from the commission. The cTrader account scales commission with volume rather than lot count. The Islamic account adapts any of these structures for swap-free requirements. The right choice depends on which cost model aligns with the trader’s actual activity pattern.