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fxpro · ng · review · updated 2026-05

FxPro Nigeria · Trade Forex Like a Pro.

Item: FxPro
Rating: 4.7
Author: fxtraderng

Regulated by FCA, CySEC and FSCA. NGN wallets, MT4/MT5/cTrader/Edge, Bank Transfer-fast deposits.

Open FxPro Account → Try Demo first

0.0

spreads from (Raw)

1:500

leverage (Pro)

$100

min deposit

25+ yrs

in market

FCA UKCySEC EUFSCA ZA FSA BahamasDFSA UAESCB

2.5M+

accounts opened

7B+

trades executed

12ms

avg execution

99.99%

uptime SLA

Spreads

Raw spreads from 0.0 pips

FxPro Pro/Raw account types · commission models compared honestly.

Execution

NDD execution

No dealing-desk · FIX 4.4 · co-located with LD4 / NY4.

NGN wallet support

Skip FX-conversion drag · Bank Transfer-fast deposit / withdrawal.

platforms · 4 supported

Trade on the platform you prefer

fxpro@trader-ng :: cli

$ fxpro account create --currency=NGN --type=Raw --leverage=1:500
→ account_id: "FXP-NG-23491-RAW"
→ base_currency: "NGN"
→ platforms: ["MT4", "MT5", "cTrader", "FxPro Edge"]
→ avg_spread_eurusd: "0.0 pips + commission"
→ deposit_methods: ["Bank Transfer","Paystack","Flutterwave","USDT","Bitcoin"]
→ status: "ready · KYC pending"
# next: visit /fxpro/deposit/ for NGN-funding flow

Desktop · Web · Mobile

MetaTrader 4

Industry standard · 30+ EAs supported.

Desktop · Web · Mobile

FxPro Edge

Research-first interface · TradingView charts.

Why traders pick FxPro

Regulated multi-jurisdiction

FCA, CySEC, FSCA + FSA Bahamas, DFSA, SCB — pick the entity.

Tier-1 liquidity

Aggregated bank pricing · 99.7% fill on market orders.

NGN-localized

Bank Transfer-priority funding · local data peering.

2,200+ instruments

Forex · CFDs on shares, indices, futures, metals, energy, crypto.

onboarding · 3 steps

Open an account in minutes

Register

Email + NGN as account currency · 2 minutes.

Verify (KYC)

ID document + proof of address. Cleared in business hours.

Fund via Bank Transfer

Bank Transfer typically lands fast · alternates available.

Welcome bonus on first NGN deposit*

FxPro periodically runs deposit-bonus promos for new NG accounts. Terms apply, withdraw conditions vary by entity.

Check current promo →

*Promotional offers are subject to broker terms and may not be available in all jurisdictions. Bonus credits typically require minimum trade volume before withdrawal. Always read full T&C on FxPro's site before depositing.

ng payment methods · bank transfer first

NG-localized payments

Bank Transferinstant · NG-only

Paystackavailable

Flutterwaveavailable

USDTavailable

Bitcoinavailable

Bank TransferPaystackFlutterwaveUSDTBitcoinBank TransferPaystackFlutterwaveUSDTBitcoin

Account types

Standard

$100 NGN

Spreads from 1.2 pips
Commission-free
MT4 / MT5
1:500 leverage (offshore)

Open Standard →

Pro / Raw

$100 NGN

Spreads from 0.0 pips
$3.50 / lot · per side
cTrader · MT5
NDD · FIX execution

Open Raw →

Pro VIP

$25k NGN

Custom spreads
Reduced commission
Dedicated relationship mgr
VPS hosting included

Apply VIP →

FxPro FAQ

Is FxPro regulated for Nigeria residents?

FxPro is regulated by FCA, CySEC and FSCA. For Nigeria residents the broker is offshore — meaning higher leverage (up to 1:500) but outside SEC Nigeria retail-protection scope.

What's the difference between Pro and Raw account?

Pro spreads include the broker margin in the spread (no commission). Raw spreads are interbank — wider on commission but tighter for scalpers.

How long does Bank Transfer deposit take?

Bank Transfer typically lands instantly during banking hours. After-hours typically clears within 30 minutes.

What's the minimum withdrawal?

$50 NGN via Bank Transfer. Card refunds always go back to source.

Are there inactivity fees?

$10 / month after 12 months of no trading activity. Standard for offshore brokers.

Does FxPro offer a demo account?

Yes — unlimited time on the entity (varies by jurisdiction). Deposit NGN 50,000 virtual to start.