83 reviews of FxPro are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
Nice broker. Profitable spreads, minimal slippage and requotes, international government regulation and high reputation on market. I work with them for last several years and mostly satisfied with everything.
In my opinion Fxpro is one of the best broker in Europe. High competition in the market always encourages them to develop and improve the service to keep up with the times. I work with them for 3 years and still satisfied with all conditions and quality of customer support. They are really reliable.
I can honestly recommend FxPro as a reliable broker. I’ve had some issues with previous companies, I’ve worked with, so no problems and stability were the main demandings in choosing new broker. Now I’m completely satisfied with everything : connection, order execution, support, deposit\withdrawal process, trading platform variety.
I learned to trade with FxPro. They have very good demo account, superior online support and interesting webinars. Now I will open real account here. Satisfied with service they provide.
I really like FxPro Ctrader. UI, execution and infographics are superb. And the system is very stable. I recently made some good money on US Elections. I was really lucky to predict the direction of the market) And now I again happy to see the direction of gold…
So far I'm satisfied with FxPro. It was not that super easy to open and verify account, and the minimum deposit is 100 USD, but everything else is just excellent! Very good and friendly support, stable software, wide range of trading instruments and no problems with the withdrawals.
I'm testing the MT4 account with a small deposit for 2 weeks now.. I'm quite impressed by the fills and overall perceived neutrality (not usual with MT4.
Today, right before RBA rate announcement, I've been long AUD/USD with stop set to the entry (B/E); the price almost touched my stop, went to 0.1 pip proximity few secs after the news - then the aussie started to rally, my stop remained intact, and I made nice 60 pips on that trade.
I also made two PayPal withdrawals - took 30-40 minutes and the funds were in my account.
Stops and limits are filled exactly and requotes are few and far inbetween. Can't see the point why there seems to be a lot of complaints. The only thing I'd like to see improve are the spreads (MT4).
I din't test the cTrader variant yet.
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
I had a very good experience with Fxpro !!
I was very new to forex, does not know anything about it and deposited 300 dollars opened the trade without any indicators or anything and lost all the money in 2 hours...after dew months again i deposited around 400 dollars, same story again ...but this time i was left with 130 dollars, i learned my lesson my lesson ..i was greedy , no technical knowledge or did not even use a Bollinger band... so i thought im not ready to trade till i learn technical analysis ...
so withdrew 130 but fxpro credited by account with 200 dollars.. They were so nice to me , may be because i'm a stupid young guy who lost money ...
after few years , i came back , deposited $100, recovered all the losses i had back then and cashed out..
withdrawls are processed very quick.
They don't interfere with your trades.
High spreads..not really suitable for scalpers..
I love fxpro but cannot trade with them because of high spreads..
There is alot of BS here....
I´ve been trading with them for 5 or 6 years and I never had any kind of problem.
There is alot strict rules about everything, but if you do everything by the book, there is no problem.
Funding, withdrawls is made within hours and I have lots of friends who trade with them as well ... No one has ever had a problem, so I would say that previous speeker is full of ... (you know what I mean)
He doesn´t go by the rules, end of story ...
Best // Janne
I have been trading at FXPRO since last 3 month, it is an excellent broker, the support is an excellent and i have no complain with this broker because support solve the problems at spot.
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.
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 know FXPro is operating in Malaysia but i do not know where the office is. In terms of my experience in a group i am with, so far i have seen bad comments coming out of Malaysia however, even if they are an ECN, charges can apply in many format, either in the form of commission charges or markeup on the spreads. Though i do not know the history about FXPro, my my point of view this company, i dont i want to open with them because i look at the website is pretty vague. There is nothing to really determine if this is an ECN or a Market Maker. Those doing scalping, of course i have tried plent of brokers and you do get requotes because of volitility but there you go and that how the industry works. Extreme volitility can be difficult to capture price but then again you can be lucky. If you have a financial instituion selling at a certain price, you will have thousands of traders eyeing for a buy or sell and this also depend on the volume. If a local bank can offer certain amount, others will get it, while some will get a requote. I am using FXCM. losing but now gaining some profits back so i need to test our their withdrawal system. What i have been told by friends is withdraw small amount. I find it stupid. Anyhow, look at the logical side of it. I rather by with an ECN and get requotes than with a Market Maker who goes against your trades!
Message to Sohail from UK.
Dear Sohail, you should report this issue to Forex Peace Army. www.forexpeacearmy.com They can help you and start a SCAM procedure against FXPro. Good luck !!!
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