FxPro's services for Iranians
The FxPro broker has been offering trading services since 2006. The broker's website has officially stated that the services of the FxPro broker for Iranians are not available. However, our reviews show that FxPro has provided ways for Iranians to access it. Below we look at this broker's services, including Persian support, incentive schemes and FxPro's bonuses for Iranians.
Does FxPro serve Iranians directly?
FxPro's official answer to the question «Does FxPro serve Iranians directly?» is no, and its official website does not even support Persian. However, there are a few unofficial but reliable ways for Iranian traders to get access.
\n\nIranian sources report that by entering with a non-European IP and using the broker's special domains (https://www.pro-broker.org/fa), Iranian traders can sign up on the FxPro website and enter the user area. With these methods, they usually choose Iran on the sign-up form and enter their user details.
\n\nRial and crypto deposits and withdrawals: in terms of deposit methods, there are two main options for Iranians. First, the «ZiPay (Zipay) exchanger», which allows rial funding and transfers to an FxPro account. Domestic sources report that FxPro has recently enabled rial deposits and withdrawals via Zipay for Iranians. An Iranian trader can sign up on the Zipay website, fund their rial account with a bank card and then transfer the funds to their FxPro account. This method lets users convert their rials into Tether or dollars and deposit them into their trading account without going directly through exchanges inside Iran.
\n\nRial and crypto (Tether/USDT) deposits and withdrawals
As for rial deposits and withdrawals for Iranians, our research shows that this is possible through ZiPay (Zipay) with rial funding and transfer to an FxPro account. An Iranian trader can sign up with Zipay , fund their rial account, and then transfer the funds to their FxPro account. Deposits and withdrawals in the cryptocurrency (Tether) are also available; with cryptocurrency, though, it is best to make transfers through your own personal wallet and not use Iranian exchanges.
FxPro's standard services to traders
Besides its particular deposit methods, FxPro offers all traders a set of standard trading features, the most important of which are as follows.
\n\n1- Swap-free Islamic accounts
\n\nFor traders who have a problem with swap (overnight interest) under religious rules, FxPro offers the option of opening an Islamic (swap-free) account. According to the broker's website, applicants can request activation of an Islamic account after opening a regular account, so that currency trades carry no overnight interest. In these accounts, however, other fees may apply instead of swap, and you should ask support for the details before opening the account.
\n\n2- FxPro copy trading
\n\nFxPro offers copy trading through the cTrader platform. This means any trader can open an account on FxPro's cTrader platform, connect to the copy trading market and automatically replicate (copy) the trades of successful traders. This is useful for people who are new to the market or want to improve their trading knowledge by following professional traders.
\n\n3- Persian support for Iranians
\n\nFxPro's support team is available to clients 24/5 and covers most of the world's major languages. For Iranian users, special Persian support has also been provided. According to reports, besides the online chat on the website, Iranian traders can contact the broker's support staff through a Persian Telegram channel. Specifically, FxPro's official website has an online chat option (Chat FxPro), where English can be chosen if needed, and a Persian Telegram channel (@FxProIran) has also been introduced for answering Persian speakers. This makes Iranian traders feel more at ease and lets them ask their questions in Persian.
\n\n4- Economic calendar and analysis signals
\n\nFxPro has an integrated economic calendar on its website that shows important economic events and the release schedule of financial reports. Traders can use this calendar to plan around the timing of market-moving news. In addition, FxPro works with the technical analysis company Trading Central and provides access to daily technical analyses and signals in its trading panel (FxPro Direct). For example, a wide range of charts and price forecasts for forex, shares, commodities and indices is available in FxPro's analysis dashboard, helping traders with their trading decisions.
\n\nTrading calculators (margin, profit/loss)
\n\nFxPro's website has a set of trading calculators that help traders work out possible costs before placing a trade. For example, the «All-In-One FX Calculator» lets you quickly estimate margin, pips, possible profit/loss and commissions. In short, traders can work out the required margin by entering the position size and leverage, or estimate potential profit and loss by setting stop-loss/take-profit levels.
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FxPro's latest bonuses and incentive schemes
FxPro generally does not offer many fixed bonuses, but it has some incentive schemes and special programmes for certain traders:
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Rebate and cashback programme based on trading volume
\n\nOfficially, FxPro itself offers no cash bonus; even so, high-volume traders (High-Volume) and holders of VIP/Elite accounts can use rebates (cashback) . According to Iranian sources, the Elite account at FxPro offers a rebate of about $1.50 per traded lot. Holders of VIP accounts can also, under the broker's new policies, receive up to 30% of the spread or commission back as a refund (rebate). In other words, the higher the trading volume, the larger the rebate returned to the user's account. To receive these rebates, you usually need to go through referral links (IB) or cash incentive platforms (such as FxCash), which return part of the trading fee to the trader.
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Monthly trading contests with cash prizes
\n\nFxPro sometimes holds online trading contests in which valuable cash prizes are awarded to the winners. For example, one contest called «Pro Trading Competition» was held over a set period, and the top traders received five $10,000 prizes, five $5,000 prizes and five $1,000 prizes respectively. In contests like these, traders usually need to be active with a special account (Promo Account) over a set period; they deposit part of their balance to receive 100% of it (up to a set limit) as a bonus credit and collect points by achieving the highest percentage return during the contest. Besides cash prizes, eligible traders also receive a rebate on the spread of their trades (for example a 15% refund).
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Lifetime refer-a-friend programme (Referral)
\n\nFxPro gives a cash reward for referring a friend to the broker. According to the official website, if you refer a new user to FxPro and that person signs up and trades, you and they will each receive a $50 cash prize. This reward never expires and applies for life for every person referred. To use this scheme, simply share your personal referral link from your FxPro Direct account.
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Commission discount for Elite
\n\naccounts: one of the advantages of FxPro 's special accounts (formerly known as Elite or VIP ) is spreads and commissions reduced by up to 30%. In other words, holders of these accounts pay less on each trade than with the standard account. In addition, these clients receive extra services such as a free virtual private server (VPS) and dedicated account management. Opening such accounts usually requires a high minimum initial deposit (for example $10,000 or $15,000), as noted in reviews.
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The VIP challenges for high-volume traders
\n\nFxPro With high-volume traders in mind, VIP offers an extensive programme. VIP traders benefit from advantages such as lower trading costs and special support. Besides the monthly contests, exclusive VIP challenges are sometimes held, with cash prizes and special rebates. For example, the VIP FxPro account includes a dedicated account manager, a free VPS server and discounts of up to 30% on spreads and commissions. These challenges and special features give high-volume traders an incentive to trade larger volumes.
Does FxPro offer rebates?
Yes; in the Elite trading account FxPro offers a rebate, calculated at 1.5 dollars per lot. In addition, in the scheme offered on the RAW+ account, the broker gives a discount of up to 30% on spread or commission.
Final verdict
The FxProbroker, with its long history and many licences, offers traders a set of professional features, but because of international restrictions it is barred from serving Iranians directly. Even so, FxPro is available to Iranians under certain conditions. The broker's standard services are available to Iranians, and they can also deposit and withdraw in rials, although you should do the necessary research in light of your own strategies. Finally, it should be noted that FxPro offers no bonuses because it has a long history and a strong reputation in its field.
