FxPro

I tested both CTrader and MT4 at same time, and on the min Charts, the ECN was going UP, and the MT4 going DOWN. Also, they wanted a copy of my credit Card, I wasnt gonna use for nothinh, but also a copy from the back of the Card, saying my name didnt shown in the fron??? Need more?? Anyway, read the contract about the ECN!!! It says orders go to Broker 1st, then to Market. Its all but an ECN. I tried on DEMO, made almost 2.000 USD in 30min with the 1.000USD Deposit only. Would they ever pay me that? In 3 days I would have more then 5000USD. Bull****!!! Anyway, I never read any review about anyone who got any redraw from them. Any brokr related with Russia is for loosing money. Russians are Ex-Changers for Nature. All major Exchanges in USD goes by Russia Tunneling. Even Dukascopy is related with Russia, wich is why I dont use them. Anyway, theres no good Broker ecept Banks. And even them if theyre related with saxo Bank they bull****!!! Deutsche Bank is the Best, but only for Institutions. Anyway, who can expect to pay spreads of 1.6, when I pay sometimes 15pips on eurusd, and believe the broker has money to pay you 500: Leverage???Get real. If you get 100 to 200 leverage, and spreads pf 10pips, its quite good, if they pay you of course. Im trying XTRADE Brokers, XTB now..big spreads, but they pay, and leverage is only 200. Before was Saxo Partner Banco BEST whos 3.0 aledge spreads went up to 20pips sometimes plus slipage. Faceit, if they pay theyre good...Spreads must be high, cos thats how they get Profits. If the rest goes well. Also avoid FOREX.com, FXCM, Alpari, IBFX, Activtraders (Bug in the MT4), and also Barclays who uses FXCM Platform and can delegate theyre resposabilities to FXCM if they wish so!!! Get a Broker who pays...thats all that methers. Dukascopy pays, but they ask 5000usd for the Swiss Bank, and g

Dear Aspirant / Exciting trader of FXPRO,

I want to share my experiences ( in fact nightmare). I open an ECN account with them on 19 Nov 2012 ( yes just before 2 days) with their FXPRO C TRADER platform. On 1st day it worked alright but on next day real face of FXPRO came.On tuesday night i have short position on EURJPY on 104.60 but on next day i open the platform , I came to know that my capital has been washed out and only $7.11usd is in my account. I shocked and looked for the high of that time .CTRADE show the high of 105.067 but in actual it is 104.90 ( i have checked bloomberg, forexpros,FBS at that time) So it is clear case that their price has vast differance from the market ( yes 16 pips is not acceptable in forex market). I agree different liquidity provider has price difference which is 1 or 2 pips .So point no 1. Their prices are not at par with the market and they are not ready to even accept it.

Second Issue,

Now they realise that client is smart and will do something against them so Amy Pepper( customer support of FXPRO) assure me that over the phone that they are investigating in the issue and it is hand over to management ( I surprised that for the matter of small amount,they are disturbing management). When i told her that i don't have trust on them , she assure me that they will revert ASAP and convince me to deposit again.I again come to their trick and I deposited $100 more with moneybookers. on the flip of the eye ,my MB account debited but my FXPRO trading account not credited till time.They said they don't receive money.I provide them even MB transaction id,my account details which clearly shows that $100 is debited from my account and transaction status is "completed".FXPRO reject both my claim (though i have enough evidence to prove my stand)Now i am looking to file a case in FSA too.

Third thing i forget to mention earlier is that .They are saying that stop out will happen when margin fall below 30% but in my stop out case it is 15% .FXPRO even not ready to accept their on CTRADER platform error. So finally i withdraw my remaining amount of $7.11usd ( yes just $7.11 usd) and realise my mistake which i made to open an account with them on 19-nov-12

My wise word to all exciting or willing to become client of FXPRO client to think twise as "HISTORY REPEAT ITSELF"

PS: I FXPRO Representative to open forum

Hi, I have read all your comment about the Fxpro, I am trade with Fxpro also for 6 to 7years, at 1st i dont have the problem about the earning cost there offer the lower spreads 0.8pip, but now i dont think so I can see now the EUR/USD spreads has gone up to 1.8 to 2.2pip ...never go down below 1.8pip at all....

I started trading with FXpro. I deposited £500 in an MT4 account.

I managed to double my money within 3 days. I closed all my positions at profit.

Logged into my account to process a withdrawal and my account was £20 in balance, I left it with a balance of £1,240.

I checked my account and 2 trades I closed at profit (and I have print outs confirming so) were closed at £0.00 and -£1,220. I contacted support in the hope that I could get this issued resolved, I informed them of the error.

The head of customer services then contact me and said the trades were executed correctly. I sent him the print outs and informed him of when I closed the trades etc. He then passed this onto management.

I have yet to hear from them and I have had to start a chargeback with American Express and PayPal. I have managed to get my £500 deposit back.

Support is now ignoring my emails/calls/chats and are hoping this will blow over. It won't, I am going to take legal action and I shall report this to the relevant authorities.