Spreads and fees: what you are actually paying

What You Are Actually Paying When You Trade

Every forex CFD trade on FxPro carries a cost. That cost takes different forms depending on your account type. On a Standard account, the broker builds its fee into the spread. On a Raw+ or cTrader account, the spread is near-zero but a commission applies per lot.

Neither model is universally cheaper. The right choice depends on how often you trade and how large your positions are.

The Spread: What It Means in Practice

The spread is the gap between the buy price and the sell price. Open a 1-lot EUR/USD trade on a Standard account. The typical spread during the London-New York overlap is around 1.3-1.5 pips. Each pip on a 1-lot EUR/USD position equals $10. So that one entry costs roughly $13-$15 before the trade moves a single tick in your favour.

On a Raw+ or cTrader account, the same EUR/USD spread sits around 0.2-0.5 pips. That reduces the spread cost to $2-$5 per lot. The commission adds $3.50 per lot per side, making the round-trip commission $7. Total cost: roughly $9-$12 per lot – often lower than Standard for full-lot trades.

Commission Structure on Raw Accounts

FxPro charges $3.50 per lot per side on Raw+ and cTrader accounts for forex and metals. That means opening and closing a single 1-lot position costs $7 in commission alone, regardless of spread. Scale that across 10 lots per day and you are paying $70 in commission daily before spreads.

The cTrader account expresses this differently: $35 per $1 million traded, which works out to the same $3.50 per lot per side.

Account Types and Their Real Cost Per Lot

Use this table to compare total estimated costs across account types for a 1-lot EUR/USD trade during active hours.

For smaller sizes, the math scales proportionally. A 0.1-lot trade on a Standard account costs roughly $1.30-$1.50 in spread. The same size on Raw+ costs around $0.20 in spread plus $0.35 commission per side – totalling about $0.90 round-trip.

Spreads Across Major Pairs on FxPro

EUR/USD is the tightest pair on any account. Other major pairs carry wider spreads. Here is a reference table based on Standard account averages.

These are floating spreads. They widen during low-liquidity periods – early Asian session, around major news events, and just before market close on Fridays. From Kenya (EAT, UTC+3), the London session opens at 11:00 AM and the New York session opens at 4:00 PM. The overlap from 4:00 PM to 7:00 PM EAT is when spreads are typically tightest and volume is highest. Trade during that window if you want the narrowest spread conditions.

Spreads on cTrader vs Standard: A Direct Comparison

The table below uses cTrader data including commission to show total cost per lot.

Compare those figures to the Standard account column above. For GBP/USD, cTrader saves roughly $8.40 per lot per round-trip. For active traders placing multiple lots per day, that difference accumulates fast.

Swap Fees: The Cost of Holding Overnight

Open a position and hold it past the daily rollover (typically 00:00 server time). FxPro applies a swap charge or credit based on the interest rate differential between the two currencies in the pair, plus FxPro’s own rollover adjustment.

The formula FxPro uses:

Swap = Pip value × (Swap value in points ÷ 10)

Swap rates are dynamic. They shift when central banks change interest rates. Check the current rate using FxPro’s Swaps Calculator in the platform tools before holding any position overnight.

One important rule: on Wednesdays, FxPro applies triple swap. This accounts for the weekend settlement. Hold a position through Wednesday midnight and you pay (or receive) three days’ worth of swap in one charge.

Swap-Free Accounts

FxPro offers swap-free (Islamic) accounts for traders who cannot pay or receive interest for religious reasons. After a grace period, some instruments attract a fixed administrative fee per night instead of a swap. The grace period is longest on major FX pairs.

Kenyan traders who need this setup should confirm directly with FxPro’s support whether their account registration qualifies and what the post-grace-period fee schedule looks like for the specific instruments they trade.

Non-Trading Fees: Deposits, Withdrawals, and Inactivity

FxPro does not charge a deposit fee on most payment methods. Withdrawals are generally free from FxPro’s side. However, if you withdraw via Skrill, Neteller, or PayPal without any trading activity on the account, FxPro may apply a fee of approximately 2-2.7% of the withdrawal amount.

For Kenyan traders using local bank transfers or card payments, the main additional cost usually comes from the bank or payment provider, not from FxPro directly.

Inactivity fees require attention. Depending on the entity your account is registered under, FxPro may charge:

• A one-off fee of $15 after 6 months of no trading activity
• Followed by approximately $5 per month of continued inactivity

Some sources list a flat $15 per month after 12 months. The exact structure depends on which FxPro regulatory entity processes your account. Check this during registration. Do not leave a funded account completely dormant without understanding the applicable inactivity terms.

Other non-trading fees to note:

• Account opening: free
• VPS for automated trading: approximately $30 per month, waived for Premium Account holders

Minimum Deposit and Account Setup in Kenya

FxPro does not impose a mandatory minimum deposit for live accounts. There is no fixed threshold you must meet to open a Standard account. In practice, the minimum amount depends on the payment method you use and its own limits. Many traders start with a deposit of around $10-$20 on a Standard account.

The minimum trade size across all main account types is 0.01 lots (one micro-lot). Maximum leverage for retail traders under the international entity is up to 1:200. That means a 0.01-lot EUR/USD position requires roughly $5-$6 in margin at 1:200 leverage.

Available platforms include MT4, MT5, cTrader, and FxPro’s proprietary platform. TradingView integration is also available, giving access to 400+ indicators and 110+ drawing tools for chart analysis.

Choosing the Right Account for Your Trading Style

Match your account type to your actual trading behaviour. Here is a practical decision framework:

• Trade fewer than 5 times per week, swing positions, small lot sizes → Standard account. No commission, simpler cost tracking.
• Trade intraday, scalp, or place 0.5-lot or larger positions regularly → Raw+ or cTrader. Lower total cost per lot despite commission.
• Trade very high monthly volume → Elite account. Commission rebates of up to 21% reduce per-lot costs further.
• Need no overnight interest charges → Swap-free account. Confirm eligibility and post-grace fees with FxPro support.

Before going live, open a demo account on your chosen platform. Observe the spread on EUR/USD during the London-New York overlap (4:00-7:00 PM EAT). Compare it against the figures in this article. If the live spread matches expectations, you have a reliable cost baseline for your strategy.

Run the FxPro Swaps Calculator for any pair you plan to hold overnight. Factor that cost into your trade planning. A 20-pip target on a pair with a -3 pip swap per night becomes a 17-pip effective target after three nights.