FXPRO Withdrawal
Withdrawing funds from your FXPro account is designed to be a transparent and secure process, managed directly through your personal client area, FxPro Direct. The broker adheres to stringent financial regulations, which primarily centre around the "return to source" rule to ensure the highest standards of safety and compliance.
The Standard Withdrawal Procedure
All funds must first be consolidated into your central FxPro Wallet before a withdrawal request can be submitted. The process involves three simple steps:
Internal Transfer: If your capital is currently in one of your trading accounts (MT4, MT5, or cTrader), you must first transfer the desired amount back to your FxPro Wallet within FxPro Direct.
Request Submission: Access the "Wallet" section in your FxPro Direct client area or mobile app, select "Withdrawal," choose your preferred payment method, and specify the amount you wish to withdraw.
Security Review: The request is reviewed and processed by the FxPro Client Accounting Department.
The Essential "Return to Source" Rule
The most crucial aspect of the FXPro withdrawal policy is the Anti-Money Laundering (AML) regulation requiring funds to be returned to their original source.
Deposited Capital: Any capital you initially deposited must be returned to the exact same card, bank account, or e-wallet used for the deposit, up to the amount originally funded. This practice ensures financial security and compliance.
Profit Withdrawal: Once all initial deposits have been refunded back to their respective sources, any remaining profit generated from trading can typically be withdrawn via an alternative method, most commonly through a bank wire transfer.
Withdrawal Methods and Timeframes
FXPro commits to processing all client withdrawal requests promptly, generally within one business day of receipt. However, the time it takes for the funds to appear in your personal account will vary depending on the chosen financial institution:
E-Wallets: Withdrawals to popular e-wallets such as Skrill, Neteller, or PayPal are typically the fastest option, with funds usually being received within one working day after FXPro processes the request.
Bank Wire Transfers: International bank wire transfers usually take between three to five working days to reflect in your bank account due to standard banking procedures. Local banking methods, like SEPA transfers within the EU, are often much quicker, taking up to two working days, and sometimes clearing on the same business day.
Credit/Debit Cards: Due to the time required for banks and card processors to settle the transaction, card withdrawals have the longest timeline, usually taking between five to ten working days to fully reflect in your account.
Fees and Currency Considerations
FXPro maintains a clear fee structure for withdrawals:
Zero FXPro Commission: FXPro generally does not charge any fees or commissions for client withdrawals across most payment methods.
Third-Party Fees: You should be aware that intermediary banks or your personal bank may apply their own handling charges, especially for international wire transfers.
E-Wallet Fees: A fee may be applied to e-wallet withdrawals only if the client has made a deposit but has not engaged in any subsequent trading activity before requesting a withdrawal.
Currency Conversion: If your withdrawal is requested in a currency different from the base currency of your FxPro Wallet or receiving bank account, the bank or payment processor will perform a currency conversion, which may incur a fee based on their prevailing exchange rates.