88 reviews of FxPro are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
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 !!!
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.
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?
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 ****.
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,
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
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