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General Questions

Yes. At EuroFXPro we adhere to the most stringent standards of KYC (Know Your Client) procedures. These involve verifying the personal details of all our clients. The procedure is straightforward and simply requires you to forward us two documents to verify your account details: 1. Your ID document A copy of your Passport, National Photo ID or Driver’s License. The document should have a minimum of 3 months remaining before the date of expiry. 2. Proof Of Residence A copy of a utility bill (gas, water, electricity) or a copy of a bank statement. The document should reflect the details you used when you opened your account with us. The document should be dated not more than 3 months prior to submission to us. Please note: We can accept the required documents in jpg, png or PDF formats.

No. All our traders get access to the Web-based version of our award-winning MT4 trading platform. This does not require any software download or installation.

Yes. Our trading platform (MT4) is also available for mobile devices.

Nothing. Our platforms are provided free of charge to all our traders who maintain an active account with us.

Of course. Our traders can choose to open a demo account before using live funds. Our demo account is a fully featured, risk-free mirror of our real trading accounts but does not involve real funds.

Our Basic account is available with a low minimum account opening requirement of only $100.

We support Credit Cards, Bank Wires, and eWallets

100%. All deposits go through our regulated payment processors. Any financial transactions are stored on PCI compliant servers.

While there may be fees applied to your deposits by your bank or credit card issuer, EuroFXPro does not apply any fees to your deposits. Please check with your financial institution for more details on their fee structures.

Swap-Free accounts are available to qualifying traders. If you would like to apply for a swap free account, please send your request to your account manager.

Think of Leverage as a “loan” from us to help you with your trading. For every $1 you deposit into your trading account, we “lend” you an amount to compound your trading. This “loan” takes the form of a multiplier and on the EuroFXPro platform, this can go up to 1:500. For every $1 you deposit into your trading account we will add $500. Deposit $1,000 with us and you will effectively be able to trade up to $500,000 worth of positions.

Margin is the opposite of Leverage. In order to keep your positions open, we require a minimum amount to be available in your account in free funds. This amount is the Margin Requirement.

A Pip is the smallest increment possible for any given currency pair.

Positions in forex trading are expressed as Lots. A Standard Lot is equivalent to 100,000 units of the base currency. For example, 1 Standard Lot of EUR/USD is 100,000 EUR (the base currency) and the equivalent in USD.

CFDs (Contracts For Difference) are a form of transaction where a Buyer and a Seller agree to exchange the difference in the opening and closing values of a contract for an asset.

Yes. There are no restrictions on your trading strategies.

Hedging is allowed but please note your margin requirement will be based on the higher leg value of the hedge positions.

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