
US traders
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Islamic accounts availableSee FxPro reviews
| 6.1/10 (1289 votes) | |
|---|---|
| Company | FxPro Financial Services Limited |
| Founded in | 2006 |
| Online since | 2008 |
| Offices in | Show countriesHide![]() |
| Payment options | Credit/debit cards Moneybookers Neteller PayPal Wire transfer |
| Demo platforms |
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| Account currencies | Euro Great Britain pound Japanese yen Swiss franc United States dollar |
| Regulated by | ASIC, 405750 CySEC, 078/07 FSA (UK), 509956 |
| Website available in | Show website languagesHide![]() |
| Support available in | Show support languagesHide![]() |
| Support methods | Show support methodsHide![]() |
| Trading server time zone | GMT+2 |
| Rebates on stop orders per 1 std. lot | $2 |
| Special notes | Rebates for ECN accounts. |
| Minimum account size | $500 | ||||||||
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| Minimum position size | 0.1 lot | ||||||||
| Spread type | Variable | ||||||||
| Typical spread on EUR/USD, pips | 1.4 | ||||||||
| Minimum spread on EUR/USD, pips | 0.8 | ||||||||
| Scalping | Allowed | ||||||||
| Expert advisors | Allowed | ||||||||
| Trading instruments |
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| Trading platforms | MetaTrader 4 Web Trader (SerSart) Mobile Trading Platform cTrader |
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| Digits after the dot in quotes | 5 | ||||||||
| Margin call level | 10% | ||||||||
| Stop-out level | 5% | ||||||||
| Minimum distance to stop orders, pips | 5 | ||||||||
| Number of currency pairs | 71 | ||||||||
| Special notes | The maximum leverage for USD/RUB and EUR/RUB currency pairs is 1:50. |
Hedging
Overnight interest rates (swaps)
Trailing stop
Pending orders
One-Cancels-Other (OCO) orders
One-click trading
Mobile trading
Browser-based platform
Trading via API
Automated tradingOpen demo account with FxPro.
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67 reviews of FxPro are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
I Agree to the fact that most positive comments about fxpro are from nigerians. this is simply because fxpro then northfinance was like the first broker nigerians got to know about. So majority of nigerians that started trading about 5/4 years ago know about fxpro or northfinance. i have been with fxpro for over 4yrs while they were still northfinance. no body paid me to say this. They might not be the best to you but for me, they are the best. i traded a big account with them about 3yrs ago and made a withdrawal of over $1million dollars as profit. though they limited my leverage to 1:50 cos of my success rate. i don't hold that against them. i can boldly say that if you know what you are doing in fxpro, you will make and withdraw real profit. As for their affiliation with a football team, i don't see anything wrong with it. it simply tells me that their capital base has grown enough to do that. For requotes, yes you get it once in a while expecially doing news release.it does not affect me in any way. other broker i use and have used requote too. However, i will be pleased with the company if they have other easy method of deposit/witdrawal like liberty reserve and also if they can have micro lot like 0.01. i am not saying this for myself alone but for most of my friends over here too. thanks
i must agree with this brokers there are requotes sadly thats with most brokers and some times the platform even shuts off dont know if its thier fault or my connection to internet,so what i use know is pending orders on the mt4 with sl and tp..it goes straight through instantly with no problem..have never tried a widthdrawal yet so i cant comment on that part been with this broker few months
Is it just me or is this fxpro changing candle sticks to cheat and fool people? I have been with them for 2 year and had a lot bad experiences like, charted related problems, the terminal freezing and price error during high volatility, but the video shown below just take the ****.
http://www.youtube.com/watch?v=Th_MdDkMtac
I contacted them about it and this was their excuse [QUOTE]
Please note that although demo accounts present real market prices and as far as possible market conditions, they are simulations only, predominantly used as a learning tool for inexperienced investors or for testing new trading strategies. During highly volatile or illiquid periods (market openings, news announcements, e.t.c.) demo accounts may not behave in the same manner as a real accounts. Similar trades requested on real and demo accounts maybe treated differently during such periods.[/QUOTE]. No mention about about the real account candle stick, which makes me thing they done it on purpose.
I checked the bar today and they have changed it, http://imageshack.us/photo/my-images/37/fxprocheat.jpg, do they have the right to change bar when ever they feel like it?
Hi guys, I am testing the fxpro metatrader and fxpro ctrader. I understand that the ctrader is ECN so does that mean fxpro cannot manipulate their spreads or that they can't trade against us (the traders). but i also noted that fxpro does not charge a commission for ECN accounts - this would simply mean that they still charge "something" on the spreads and I read somewhere that would basically mean fxpro can still trade against us thus is not a good idea. the fxpro software is nice to use, the Ctrader less, somehow i noted when i do similar trades, the MT4 spread is a bit higher or that may be due to my fault. Besides this, since both programs i am using are from FXPRO - does that simply mean they can control the ask/bid prices / spreads and etc and is irrelevant whether its ECN or market maker? Thanks for your feedback guys.
Hello again, guys! I just wanted to share with you that in the last couple of months i am getting requotes on to approximately 50% of my market orders which is quite annoying. Otherwise everything connected to the broker is as it should be.
FxPro is my second broker after InterbankFx after I really feel pressured to see a graph InterbankFx quite messy from a graph of other brokers.
I had enrolled since 2008, and then I remember when filling fund transfer, the transfer through the Euro Orient Financial Services Ltd Security.
At that time I always lose trade and not the fault of the system at FxPro.
2009 I received a white hat FxPro, mouse pads, pens and Sauber Petronas posters. Make me more confident in my trading.
2010 I received another gift from FxPro such as Fulham Jersey, Virgin F1 hats, Virgin mousepad, pen-drive as well as my trading card. Once again, make me more confident in my trading.
2011 I see so many negative comments about FxPro and I think those who talk is too much studying and too obsessed with Forex. That they overlooked some things may have been enshrined in the charter FxPro but only know to find fault with others, in my calculation, they have a lot of losers.
Their comments like those that are too expert in Forex, and as the tips, most of the Forex Millionaire, do not speak negative things.
The best broker is that you can easily withdraw money from profits or capital.
Nearly four years I was with FxPro, we must not ignore the question of how FxPro making profit, is their right. What the important is we should know how to trade.
Because of past and present market graph are too much difference, sometimes the news was completely useless fundemental, but also less accurate from FxPro analysis. This is cannot be denied.
Save your capital as you save yourself,
Thank You.
Really one of the best!!! but - its rather hard to open and verify account, initial deposit are not small, but all other moments - good!
The best broker i have seen so far. I have been using fxpro for close to 4 years now. everything has been going well for me. Anybody writing nagative review here is just biars
I am prety happy with this firm.
My concern is that this company may shut out Japanese traders because Japanese authorities are applying pressures on so called G7 or 8 states in order to extend recently introduced internal regulations beyond their boundaries.
This is really a silly practice like telling Japanese travellers not to play Black Jack at Las Vegas, because Japan\'s criminal law prohibits gambling in its territories.
The only liablity for japanese traders is filing proper tax retrns with Inland Revenues. Japanese goverment\'s pressures are mere wishes. I hope FxPro will not reiterate Alpari\'s stupidity.
By the way;
All the good comments come from Nigeria and Malaysia!
Have they hired a group of people posting silly reviews a full time job;
Its pathetic.
Good Luck
This don’t look fair to me;
There not a broker there a media agency and whoever is serious about trading knows that;
There a MM and one of the greedy ones;
Guys you should know better;
Pick a broker not a Football Team Broker
P.S all the opinion viewers below its pretty clear their paid or coming from FxPro directly.
Its poison in this industry, stop the propaganda its not Nice.
My fair opinion as an experienced trader is below and Im not racist:
FxPro is an average rated broker with medium averaged spreads and many, many platforms;
They wont deny a withdraw but they surely ain’t a clean classic broker like Oanda, IBFX or Deutsch Bank as they got too, too many requoting which makes its unreasonable to keep an account with them.
CS service is BAD even for a customer like myself located in their region which should have been the first to get better service at the end of the day.
BTW don’t fall for the 0.4 spreads they refer to the ECN platform they offer which charges commissions so lets not talk non sense.
Anyhow newbies do your homework for your own good; too much advertising don’t mean clean execution; stick with brokers.
Its really funny to hear a lot of crazy bad reviews about this broker and im tempted to believe that its the competition. I have been with fxpro since 2008 and have been trading with them since. I have withdrawn funds countless times and have not had any problems. Stick with sending your first deposit via bank transfer and youll have no problem withdrawing your fund, credit card or anyother method is fraud prone which is why they are so strict with procedure
Guys, I just aware of an email notification from FXpro stating some new terms & conditions.
I had go thru roughly on their new policies & found this clause:-
"The client has no right to change or remove Stop Loss, Take Profit & Pending Orders if the price has reached the level of the order execution"
Any idea what does this mean? As double check with their support team they have clarify that we wont able to modify our TP/SL margin once they have executed our entry & even if my order is still open. Can you believe such clause...they really want our money so badly?
Why so much negative reviews for FxPro? I have opened an account with them since 2008 and right until now i still trade with them. Yes i got some re-quotes during volatility periods but i can handle that because i don't trade scalping strategy. Their withdrawal is fast, taking 2 days to send back money to my bank in Malaysia.
In terms of spreads i can say it is amount the best for MM brokers. For example GBPUSD usually is between 1.8 to 2.0, never goes to 3 pips. GBPJPY between 3.0 to 5.0pips.
This is a review from a long time trade with them. Experience it yourself.
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I am in search of a reasonable broker to start trading, i have been going through the reviews to decide on a broker. It looks likes that many of the contributors from Nigeria are paid to write good words specially Mr joe's review. If he is a millionaire trader he should not be wasting time writing this review. can he show his trading details which testify that he earned million dollar by trading?
Can anybody suggest a few really good brokers please?
Thanks