CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trade only with money you can afford to lose.
Open FxPro Account →

FxPro Spreads & Trading Costs | Kenya 2026

What does trading actually cost at FxPro — and is the Standard or Raw+ account cheaper for you? Spreads, commission and the all-in cost per trade.

Open FxPro Account →

Min deposit $100  ·  Up to 1:200  ·  Rating 4.6/5

The spread is the first deduction on the money path, and it is taken the moment an order fills rather than billed later. On the spread-only Standard account it is the whole trading charge: EUR/USD from about 1.2 pips, and at roughly $10 a pip on a standard lot that is about $12 leaving the balance on a round turn. On Raw+ and cTrader the quote is narrower and a commission of $3.50 per lot per side is taken instead, once on the open and once on the close. Neither model sends an invoice: both come straight out of the balance you funded, which is why it pays to turn a quoted spread into cash before you size a trade.

Real measured Raw+ spreads and cost

The median spread, all-in cost and how the spread compares with an independent interbank reference feed, measured on FxPro’s own MT5 Raw+ feed — first-hand, not advertised:

InstrumentMedian spreadAll-in / lotAll-in (pips)vs reference
EUR/USD0.2 pips$9.000.9 pips+0.18 pips
GBP/USD0.6 pips$13.001.3 pips+0.35 pips
AUD/USD0.4 pips$11.001.1 pips+0.04 pips
USD/CAD0.4 pips$9.871.37 pips−0.4 pips
USD/JPY0.3 pips$8.941.38 pips+0.67 pips
XAU/USD (Gold)15 pips$22.0022 pips−34.37 pips

‘All-in (pips)’ is also your break-even — the move needed to cover spread plus commission. ‘vs reference’ compares our measured spread with an independent interbank reference feed over the same hours; a negative number means FxPro’s spread was tighter. The round-turn cost is about $78 per $1,000,000 traded on EUR/USD. This page is the Standard-vs-Raw+ cost overview; for the live, hour-by-hour measured spread feed see our live spreads page.

How much a trade costs: Standard vs Raw+

InstrumentStandard spreadStandard costRaw+ spreadRaw+ cost + commCheaper
EUR/USD1.2 pips$12.000.2 pips$9.00Raw+
GBP/USD1.5 pips$15.000.4 pips$11.00Raw+
USD/CAD1.6 pips$12.000.5 pips$10.75Raw+
USD/JPY1.3 pips$9.100.3 pips$9.10About equal

Approximate cost for a round-turn standard lot (100,000 units), in USD. Raw+ / cTrader commission is $3.50 per lot per side ($7.00 round turn) on Raw+ and cTrader accounts. Pip values and spreads are variable — confirm live figures in your platform. Last updated 2026-06-20.

Which account is cheaper for you

Raw+ replaces a wider spread with a tighter spread plus a $7 round-turn commission, so it only pays off once the spread saving beats that commission — about 0.7 pips on a $10-per-pip major such as EUR/USD. If the Standard spread is more than roughly 0.7 pips wider than the raw spread, Raw+ is cheaper; if the gap is smaller (or you trade rarely), the Standard all-in spread can win. As a rule of thumb, frequent traders on liquid majors save with Raw+, while occasional traders often prefer Standard.

Open FxPro Account →

Typical FxPro spreads (all instruments)

InstrumentStandard spreadRaw spread
EUR/USD1.2 pips0.2 pips
GBP/USD1.5 pips0.4 pips
USD/CAD1.6 pips0.5 pips
USD/JPY1.3 pips0.3 pips
Gold (XAU/USD)2.5 pips1.0 pips
US 500 (S&P)0.4 pts0.4 pts

Indicative spreads. Metals and indices use different contract sizes — see our gold page for XAU/USD costs.

How a spread becomes a cost

The spread is the gap between the buy and sell price of a contract for difference (CFD). You pay it on entry: spread (in pips) × the pip value of one lot equals your cost. On a Standard account that spread is your whole trading cost; on Raw+ you pay a tighter raw spread plus the $7 round-turn commission. Compare the two on our Raw+ account, MT4 and MT5 pages.

Where the spread actually shows up in your money

A spread is not a fee you pay, it is a price you accept. You buy at the ask and the position is immediately valued at the bid, so a fresh trade opens slightly behind and has to make up that distance before it is level. On a EUR/USD standard lot each pip is worth about $10, so a 1.2-pip spread is roughly $12 of ground to recover and a 0.2-pip spread is roughly $2. Nothing is deducted as a line item; the balance simply starts the trade lower.

This is what makes the spread different from the other charges on this site. The commission on Raw+ and cTrader appears as its own entry, the overnight swap appears as its own entry, and both are easy to find again later. The spread is inside the price and leaves no trace on the statement, which is the main reason traders underestimate what a month of trading took out of the account.

Convert it once and the habit sticks. Multiply the spread in pips by the pip value of your position — about $10 for one EUR/USD lot, $1 for 0.1 lots and $0.10 for 0.01 lots — and you have the cash the entry costs. See live spreads for what the number is doing today and Raw+ for how the commission model splits the same cost in two.

One deduction or two: the same cost, priced differently

Standard and Raw+ do not charge different amounts for being different accounts. They package the same cost differently: Standard folds it entirely into the quote, Raw+ splits it into a narrow quote plus $3.50 per lot per side. On a full lot the Raw+ commission is $7 for a round turn, on a tenth of a lot it is $0.70 and on the 0.01-lot minimum it is $0.07, because commission scales with size exactly as the spread does.

For a Kenyan account funded near the $100 minimum, the practical difference is visibility rather than size. Trading at 0.01 lots, both models cost cents per trade, and the number that decides your month is how often you trade rather than which account you picked. The comparison above shows the current arithmetic on measured numbers; it is worth re-reading when your usual position size changes, not once at signup.

One thing does not change with the account type: the spread is variable. It widens in thin hours and around news, so the same order that costs a few cents at midday can cost several times that in the minutes after a release. That is a timing decision rather than an account decision — see spread during news for what those minutes measured and trading hours for where they fall in EAT.

Per-trade charges against one-off transfers

There are two kinds of money movement on a Kenyan FxPro account and it helps to keep them apart. The spread, the commission and the overnight swap repeat: they attach to trades and to nights, so they scale with how you use the account. The deposit and the withdrawal happen twice in the life of a balance, and FxPro states that it charges nothing for either on most methods.

That asymmetry decides where attention belongs. A funding route is chosen once and mostly reversible only in one direction, since a payout returns by the method the deposit arrived on. A spread is met on every single order, so a habit that costs a few cents per trade costs whatever your monthly trade count multiplies it into. One decision is structural, the other is cumulative.

The one charge that fits neither description is the inactivity fee, which applies after 6 months of no activity on the account. It is not attached to a trade or to a transfer, and it is the only line on this site you avoid simply by using the account rather than by trading it well.

Sizing the first deposit around what trading takes

The $100 minimum is a floor, not a recommendation, and the useful question is how many trades a starting balance can absorb before the costs are a meaningful share of it. At the 0.01-lot minimum on a major, an entry costs cents, so the arithmetic is about frequency: twenty round turns a month at that size is still cents, two hundred is not nothing.

There is a second floor on the way out that is easy to miss when funding. Cards and bank wire carry a $100 minimum on a withdrawal while Skrill, Neteller and PayPal have none, so an account funded by card is an account whose payouts start at $100. Deposit small and trade actively, and you can arrive at a balance you cannot withdraw by the only route you are allowed to use.

Between the two sits a step with no cost at all: money lands in the FxPro Wallet and only reaches the trading account when you move it. It is worth doing immediately, because a balance sitting in the wallet is neither trading nor earning and is the most common reason a new account looks underfunded.

Reading what a month actually took

Two of the three trading costs can be read straight off the account history. Commission on Raw+ and cTrader is booked per side with a date against it, and swap is booked at each rollover, so both can be totalled for a month without estimating anything. That is the honest starting point for judging whether an account is being traded profitably or merely actively.

The spread is the one that has to be reconstructed. It never appears as an entry, because it is the difference between the price you accepted and the price the position was immediately valued at. The nearest practical measure is to multiply your trade count by your usual size and by the typical spread for the instruments you trade, using the measured tables on this site rather than a marketing figure.

Do that once a month and the picture is complete: a known commission total, a known swap total, an estimated spread total, and the two transfers at either end that FxPro states carry no broker fee on most methods. Anything left unexplained on the balance is trading, which is what you wanted to be measuring in the first place.

What changes if you fund in shillings

FxPro states that Kenyan clients can hold and fund an account in Kenyan shilling. The choice is made when the account is opened and it decides the currency your balance, your commission and your swap are expressed in, which is why it belongs before the first deposit rather than in the middle of a trading month.

It does not change what a trade costs. Instruments are priced in dollars and the $3.50 per lot per side is a dollar figure, so the cost side of the arithmetic on this page holds whichever base currency you pick. What changes is the currency you read it in, and the point at which a rate is applied.

That rate is not the broker's. FxPro states it charges no deposit fee and no withdrawal fee on most methods, so anything taken when money crosses currencies belongs to your bank or your e-wallet. It is a question worth putting to them before you commit to a funding route you will also be paid out on.

What your bank or wallet adds that the broker does not

FxPro states that it charges no deposit fee and no withdrawal fee on most methods. That is a statement about one side of the transfer only. The provider moving the money has its own schedule of charges, and on a route that leaves the shilling it may also apply its own rate, neither of which appears anywhere in the trading costs on this page.

There is one exception worth knowing before you fund. FxPro notes that an e-wallet withdrawal may carry a small provider fee if you have not placed any trades, which mostly affects accounts that deposit, change their mind and ask for the money straight back. It is not a trading cost, but it lands on the same balance.

The practical step is to ask the question in the right place. What a spread costs is answered here and on live spreads. What a transfer costs is answered by your bank or e-wallet, and it is worth asking them before you commit to the route that will also carry your payouts.

The order these costs arrive in over the life of one balance

Laid out as a timeline rather than a list, the money path has a shape that is easy to hold in your head. Nothing is charged while you register and while your documents are checked. Nothing is charged when you deposit, according to FxPro, and nothing when the money moves from the FxPro Wallet across to the trading account. The first charge of any kind arrives with the first order.

From there the pattern repeats rather than escalates. Each order pays a spread and, on raw pricing, a commission on each side. Each night a position survives pays a swap. The account keeps doing exactly that for as long as you keep trading, which is why a monthly figure is a better unit than a per-trade one once the account is running.

The last two events mirror the first two. A payout goes back on the method the deposit arrived on, most methods carry no broker fee according to FxPro, and requests are handled 24/5 and usually within one business day. Then the account is quiet, and the only clock still running is the one that brings an inactivity fee after 6 months of no activity.

Turning a quoted spread into money out of the balance

  1. Note the spread in pips for the instrument you are about to trade, from your platform or from the measured table on this page.
  2. Find the pip value for your size: about $10 per pip on one EUR/USD lot, $1 on 0.1 lots, $0.10 on 0.01 lots.
  3. Multiply the two. That is the cash the entry costs you, and it is already gone the moment the order fills.
  4. On Raw+ or cTrader add $3.50 per lot for the open and $3.50 per lot for the close, scaled to the same position size.
  5. If the trade will sleep, add one overnight swap for each night it stays open, and three for a Wednesday.
  6. Compare that total against the move you are actually trading for. If the cost is a large share of the target, the size or the instrument is wrong rather than the account.

Pip values are approximate for USD-quoted majors; your platform shows the exact figures charged to your account.

What one round turn takes out, by position size

Position sizePip value (EUR/USD)Cost of a 1.2-pip Standard spreadRaw+ commission, both sides
1.00 lotAbout $10 a pipAbout $12$7.00
0.50 lotAbout $5 a pipAbout $6$3.50
0.20 lotAbout $2 a pipAbout $2.40$1.40
0.10 lotAbout $1 a pipAbout $1.20$0.70
0.01 lotAbout $0.10 a pipAbout $0.12$0.07

Commission is fixed per lot per side; the spread is variable and indicative here. The Raw+ column excludes the raw spread itself, which is shown in the measured table above.

Every charge and every transfer on a Kenyan account

LineRepeats or one-offTriggered byWhat FxPro states
SpreadEvery orderOpening a positionVariable, built into the quote
CommissionEvery side of every orderRaw+ and cTrader pricing$3.50 per lot per side
Overnight swapEvery night heldSurviving the daily rolloverSet per instrument and direction, tripled on Wednesday
Inactivity feeOnce, then while dormant6 months of no activityApplies after 6 months
DepositOnce per fundingCard, wire, Skrill, Neteller or PayPalNo deposit fee; from $100
WithdrawalOnce per payoutA request on the same methodNo fee on most methods; processed 24/5

Your bank or payment provider may apply its own charges on a transfer; those are not the broker's.

What a starting balance can carry

Funded withComfortable sizeCost of a round turn at that sizePayout floor by card or wire
$1000.01 lotCents on a major$100, so effectively the whole balance
$2500.01 lotCents on a major$100
$5000.01 to 0.02 lotCents on a major$100
$1,0000.01 to 0.05 lotCents to about a dollar$100
$5,000Up to about 0.10 lotAbout $1 to $2 on a major$100

Sizes here are illustrative, not advice, and assume a stop that the balance can absorb. Skrill, Neteller and PayPal have no withdrawal minimum.

Frequently asked questions

Is the spread deducted from my balance or built into the price?
It is built into the price. You buy at the ask and the position is valued at the bid straight away, so the trade opens slightly behind instead of a charge appearing on the statement. That is why a spread is easy to overlook when adding up what a month of trading cost.
How do I turn a spread in pips into a figure in dollars?
Multiply the spread by the pip value of your position. On EUR/USD that is about $10 a pip for one standard lot, $1 for 0.1 lots and $0.10 for 0.01 lots, so a 1.2-pip spread is roughly $12, $1.20 or $0.12 respectively.
Does the spread cost less if I trade a smaller size?
Yes, proportionally. The spread in pips is the same whatever your size, but the cash it represents scales with the position, which is why the 0.01-lot minimum keeps entry costs to cents on a small balance.
Which cost lines does the Standard account not charge?
The commission. On MT4 Standard and MT5 the spread is the whole trading charge, with no separate per-lot fee. The overnight swap and the inactivity fee after 6 months of no activity apply on every account type.
Why does nothing on my statement say spread?
Because it is not deducted as an entry. Commission and swap are booked as their own lines and can be added up later; the spread lives inside the price you accepted and can only be reconstructed from the quote at the moment you traded.
Does the commission on Raw+ come out twice per trade?
Yes. It is charged per side: $3.50 per lot when the position opens and $3.50 per lot when it closes, which is $7 for a round-turn standard lot and $0.07 for a round turn at 0.01 lots.
What does a round turn cost near the $100 minimum deposit?
At the 0.01-lot minimum on EUR/USD, cents. A 1.2-pip Standard spread is about $0.12 and the Raw+ commission is $0.07 for both sides plus the raw spread. The figure that grows on a small balance is the number of trades, not the cost of one.
Do spreads change during the Kenyan day?
Yes. Spreads are variable and the measured hourly profile shows them widening in the thin hours and around the daily rollover, then tightening through the busier EAT afternoon. The same order therefore costs more to open at some local hours than at others.
Does FxPro charge anything to move money in or out?
FxPro states that it charges no deposit fee and no withdrawal fee on most methods. What your own bank or e-wallet applies to a transfer is separate, and worth asking them about before you send the first one.
Which cost on this account has nothing to do with trading?
The inactivity fee, which applies after 6 months of no activity. It is not triggered by an order or by a transfer, and using the account is the only thing that avoids it.
How many trades can a $100 balance absorb?
At the 0.01-lot minimum on a major, entry costs are cents per round turn, so the balance is not consumed by costs at that size. What consumes a small balance is position size and losing trades, not the spread.
Is there a minimum amount I can withdraw?
Cards and bank wire carry a $100 minimum on the way out, while Skrill, Neteller and PayPal have none. Because a payout returns by the method the deposit arrived on, that floor is set by how you funded.
Can I work out what a month of trading cost me?
Commission and swap are booked as dated entries and can be totalled exactly. The spread has to be estimated, by multiplying your trade count and usual size by the typical measured spread for the instruments you trade.
At which point in the process is the first charge taken?
With the first order. Registration, verification, the deposit and the move from the FxPro Wallet to the trading account carry no broker fee, according to FxPro; the spread, and the commission on raw-pricing accounts, arrive when the position opens.

Reviews

Spreads get a thumbs up on the majors and oil — traders call them competitive and reckon orders fill fast. Gold's the sore spot: a few clock it swinging 30–45 pips, way wider than they'd like. The ECN account trades tighter but the commission stings, 'on the higher side.' Fine if you stick to majors — just eyeball the metals spread before you load up.

★☆☆☆☆
Worst withdrawal experience bad spread and it really messing with my stop loss I don't recommend them honestly not just to spoil there name but they should do something
— Divineachiever J.2024-12-30
★★★☆☆
I have to claim that I MAINLY satisfied with the services offered by the FxPro broker, but not completely.
— Nico N.2024-06-13
★★★☆☆
Mixed feelings, supposedly top tier broker, but some spreads are rather high and within days of opening account message about dormant account fees.
— James E.2023-05-06
★★★★☆
Fast orders, fair spreads. Easy withdrawals. Stable fxpro platform. commissions for ecn account is on a higher side:-s
— Bongani D.2025-06-04
★★★★★
Awesome trading platform with unmatched speed of orders execution and tight spreads. I believe this combination is what helps traders earn profits.
— Emiliano M.2025-02-01
★★★★★
I do prefer a raw account’ why! See spreads. Although when I started I liked the spreads in the standard account too but over time liked the idea of commission and near to zero spreads…
— Percival A.2025-01-15

Related FxPro pages