FxPro in South Africa — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%10
- Round-turn cost20%90
- Safety20%70
- Payouts15%97.5
- Track record10%100
- Platforms10%70
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- FxPro Markets Direct Costa Rica Latam SRL
- Founded
- 2006
- Retail leverage
- 200ZA
- Round turn
- 7 USDZA
- Currencies
- ZAR account currency available; also USD, EUR, GBP.
- Swap-free account
- yes
Licence check
Open an account with FxProPartner link. FxPro pays us a commission; it buys no score and no position in any table.
Who actually onboards you
- Entity that onboards South Africa residents
- FxPro Markets Direct Costa Rica Latam SRL
- Local standing
- FSCA-authorised; not on FSCA warning list. Note: offshore onboarding reports mean local FSCA oversight/compensation may not apply to some accounts.
- Licence as the register states it
- Local FSCA licence — FSP no. 45052 (issued 2015). Genuine in-country licence.
- Leverage for this entity
- Up to 1:200 for retail; up to 1:500 for eligible/professional clients depending on instrument.
- The firm behind it
- FxPro founded 2006; HQ London and Limassol; no-dealing-desk execution; FSCA-regulated group entity.
- What we hold against it
- Genuine FSCA licence (FSP 45052); flag: conflicting reports of offshore Costa Rica onboarding without local investor protection — verify onboarding entity.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards South African residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youFSCA-authorised; not on FSCA warning list. Note: offshore onboarding reports mean local FSCA oversight/compensation may not apply to some accounts.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against South Africa market median(priced from 80 of 103)
Medians run over the 80 of 103 brokers that publish a price for South Africa, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Standard, Raw+, cTrader, Elite, VIP. Minimum deposit ~USD 100 / R1, 600. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where FxPro sits in the South Africa base(103 brokers)
Round-turn cost, USD (80 of 103 priced)
Median 7 USD · range 1-20 · this broker 7 USD · 23 of 103 brokers do not publish it
Minimum deposit, USD (49 of 103 priced)
Median 50 USD · range 0-1000 · this broker 100 USD · 54 of 103 brokers do not publish it
Retail leverage (72 of 103 with a South Africa figure)
Median 1:500 · range 20-5000 · this broker 1:200 · 31 of 103 brokers do not publish it
Withdrawal time published (103 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (3 methods · 0 local rails)
Local cards and bank transfers in ZAR;
- Local cards
- Bank transfers in ZAR
- E-wallets
- Account currency
- ZAR account currency available; also USD, EUR, GBP.
- Fee declared
- 3 of 3 methods
- Withdrawal back to
- the funding method
Where it does not serve(16 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(4 platforms)
- MT4
- MT5
- cTrader
- FxPro Edge
Identical for every row: Min spread 1.2 · Leverage 200 ZA.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 3.2 | 800 |
Share of reviewers in South Africa: — The platform does not publish it.
Pros and cons(5 for and 2 against, each tied to a figure on this page)
- Locally authorised, licence 45052, read on 09.07.2026
- Withdrawal in 3 h, one of 86 of 103 brokers here that publish a time
- Swap-free account available
- Track record 100 of 100, its strongest of 6 scored axes
- 4 platforms: MT4, MT5, cTrader, FxPro Edge
- Min deposit 100 USD, over the South Africa median 50
- Reviews 10 of 100, its weakest of 6 scored axes
Alternatives in South Africa(6 of 103 scored in South Africa)
- Round turn, USD
- 9ZA
- Min deposit, USD
- 100ZA
- Leverage
- 400ZA
- Rank in this country
- #9
- Round turn, USD
- 6ZA
- Min deposit, USD
- 100ZA
- Leverage
- 300ZA
- Rank in this country
- #20
- Round turn, USD
- 6ZA
- Min deposit, USD
- 100ZA
- Leverage
- 1000ZA
- Rank in this country
- #10
- Round turn, USD
- 7ZA
- Min deposit, USD
- 100 groupZA
- Leverage
- 50ZA
- Rank in this country
- #22
- Round turn, USD
- 7ZA
- Min deposit, USD
- 100 groupZA
- Leverage
- 3000ZA
- Rank in this country
- #26
- Round turn, USD
- 1ZA
- Min deposit, USD
- 0ZA
- Leverage
- 500ZA
- Rank in this country
- #38
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a South Africa score. Full methodology
| Axis | Weight | What is measured | FxPro |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 10 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 90 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 70 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 98 |
| Track record | 10% | Years since the firm was founded, from its own filings | 100 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 70 |
FAQ
- Does FxPro accept residents of South Africa?
- Yes. FSCA-authorised; not on FSCA warning list. Note: offshore onboarding reports mean local FSCA oversight/compensation may not apply to some accounts. Onboarding entity: FxPro Markets Direct Costa Rica Latam SRL
- Is FxPro licensed to serve clients in South Africa?
- Local FSCA licence — FSP no. 45052 (issued 2015). Genuine in-country licence. Checked on 09.07.2026.
- How much does one round turn cost at FxPro?
- About 7.0 USD per standard lot on EUR/USD. The median across brokers measured for South Africa is 7.0 USD.
- What leverage does FxPro offer to retail clients in South Africa?
- Up to 1:200. Up to 1:200 for retail; up to 1:500 for eligible/professional clients depending on instrument.
- Which trading platforms does FxPro support?
- MT4, MT5, cTrader, FxPro Edge. Instruments: FX, indices, shares, metals, energies, crypto CFDs.
- How can I withdraw money from FxPro in South Africa?
- Local cards and bank transfers in ZAR; e-wallets.
- What account types does FxPro offer?
- Standard, Raw+, cTrader, Elite, VIP. Minimum deposit ~USD 100 / R1,600.
- Does FxPro offer a swap-free (Islamic) account?
- Yes. FxPro offers a swap-free (Islamic) account to South Africa residents.
Taxes for a South African resident(1 rule)
- SARS taxes residents on worldwide income.https://fxscouts.co.za/broker/fxpro
Not tax advice. Check with SARS.