How to Change Currency in FxPro

FxPro Currency Options for Pakistani Traders

Our company offers multiple base currencies tailored for traders in Pakistan. You can select from USD, EUR, GBP, and PKR as your account base currency. This selection affects how your trading balance, profits, and withdrawals are managed. During registration or later through the client portal, you may choose or modify your preferred currency. The platform uses live exchange rates to convert profits and losses automatically, simplifying your trading overview.

Choosing the right currency influences your risk management and trading strategy. Our system ensures accurate profit tracking by converting all financial data into your selected currency. This service is designed specifically to ease currency handling for traders in Pakistan.

Account Currency Change Process

Accessing FxPro Direct Portal

Start by logging into FxPro Direct with your registered credentials. In the dashboard, find the account management tab where your active trading accounts are listed. Select the account whose currency you want to change. The system will display details including your current balance and currency. It is advised to close any open trades before initiating currency changes to prevent conversion errors.

Currency Modification Requirements

To change the currency, your account balance must be zero and no orders should be pending. This ensures that conversions occur without discrepancies. Pakistani traders should withdraw funds or transfer them internally before requesting a currency update. Submit your request via the support ticket system with your account number and desired currency. Approval typically takes 24 hours on business days.

Step-by-Step Currency Change Instructions

Log into FxPro Direct and access your account summary page. Navigate to account settings and find the currency management tab. Here, you will see your current currency and a dropdown menu with available options for Pakistani traders. Select the new currency, and the system will display applicable conversion rates and fees. Complete the form by confirming zero balance and no open trades. The system validates these conditions before proceeding.

• Login to FxPro Direct portal
• Go to account management
• Choose the account to update
• Confirm zero balance and no open trades
• Select new currency from dropdown
• Submit the change request form
• Wait for approval notification
• Receive updated account details

This straightforward process ensures your account currency is changed securely and efficiently, aligned with Pakistan-specific banking and regulatory requirements.

Currency Conversion Fees and Rates

Fee Structure for Pakistani Clients

FxPro applies conversion fees for currency changes, typically between 0.25% and 0.30%. These fees vary depending on the currency pair and account type. Pakistani traders are offered preferential rates for PKR conversions due to our partnerships with local banks. Conversion fees apply exclusively to the currency change process, not to trading transactions. Fees are calculated on the account balance at the time of conversion.

Exchange Rate Application

We use real-time interbank exchange rates updated every few seconds. This ensures Pakistani traders receive competitive rates during currency changes. Once you submit a request, rates are locked for 30 minutes to protect against market volatility. This policy guarantees predictable conversion costs throughout the process.

Trading Platform Currency Settings

The chosen account currency determines how balances, margins, and profits are displayed on our platforms: MT4, MT5, and cTrader. All platforms automatically convert trading results into your base currency, streamlining performance tracking. Traders in Pakistan can customize display preferences without affecting base currency settings. Our algorithms provide accurate calculations across all instruments and timeframes.

These settings help Pakistani traders maintain clear visibility and control over their accounts regardless of the currency chosen.

Impact on Trading Operations

Position Calculations and Reporting

The base currency affects how position sizes and margin requirements are calculated. Our platform converts all parameters into your account currency, ensuring consistent reporting. Swap fees adjust automatically based on currency and instrument. This automation reduces complexity for Pakistani traders managing diverse portfolios.

Deposit and Withdrawal Procedures

Account currency influences how deposits and withdrawals are processed. Pakistani clients benefit from PKR deposit options integrated with local banks. Matching your account currency with your funding currency minimizes conversion fees and delays. Withdrawals are faster when currencies align, and mismatched currencies are converted automatically.

Multi-Currency Account Management

Our platform enables Pakistani traders to maintain multiple accounts with different base currencies. You can hold USD accounts for international markets and PKR accounts for local trades. Internal transfers between your accounts allow currency diversification without third-party conversions. Transfers are processed within minutes during business hours after verification.

• Reduced currency conversion costs
• Improved risk management
• Simplified tax reporting
• Optimized trading approach
• Flexible funding options

This multi-account feature enhances trading flexibility and cost efficiency for Pakistan-based clients.

Technical Requirements and Limitations

Changing account currency requires compliance approval and account verification. Pakistani clients may need to update documentation for certain currencies. Minimum balance and currency pair restrictions apply depending on account type. Standard processing times range from 24 to 48 hours, with faster approvals for professional accounts. We provide continuous updates during the process via email and platform notifications.

Our system is designed to ensure smooth currency changes while maintaining security and compliance for Pakistani traders. Contact our support team for personalized assistance regarding how to change currency in FxPro.