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 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;
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 I have withdrawn funds countless times and have not had any problems.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.
spreads are good, requotes no more than other brokers, I used to be with FXCM but also their spreads are huge at some hours. What it is a nightmare is getting your money back, you get it but they ask for a lot of documents. First time was nitemare, after is ok, it takes maybe 10 days but i say is the same with FXCm. they are MM mates so we need to be smarts, but if you trade well you can win...
EA make money they use to be regulated
Asian spreads wide time
Once positive feedback, now I can not deal properly
EA is profitable, but may be convenient for brokers suddenly unusable
Fxpro is not a bad broker but like many brokers, during high volatility, there is the tendency of having requotes. I want to suggest to fxpro to introduce micro account and also allow fractional withdrawal using credit cards instead of withdrawing in hundreds alone
At first i didn't mean to write a review about FXPro, but after i have read so many negative ones which obviously are not true i felt compelled to share my opinion. I will try to be as objective as possible.
I've been trading with FXPro for over 4 months now and i have never experienced a requote. Also i have never seen a EUR/USD spread wider than 1,8 pips or GBP/USD wider than 3 pips. And here i am talking about periods when liquidity is at its lowest. During european and american sessions ( the time i trade the most) the above mentioned spreads are 0,8-1,2 pips for the euro and 1-2 pips for the cable.
Withdrawing is surprisngly fast - it took them only 2 business days to transfer my money to my debit card in my bulgarian bank. I also withdrew some money through Paypal and they were available on the very next day.
And here is the moment for some criticism about this broker and some facts that i think they should work on . I don't like the fact that ( in my case) i deposited a portion with Paypal ( they charged me 25 dollars for a 1000USD deposit, eventhough they say this metod is free) and then a smaller amount with my debit card and when i wanted to withdraw some money i had to withdraw them first through Paypal ( up to my initial deposit) and then i could withdraw money to my debit card.
Also i don't like the fact that they have fixed lots amounts - you can trade 0.1lots or 0,2lots, but not 0,15 lots. I think this is not quite flexible.
Customer support is OK.
So this is it from me - a real FXPro customer. Hope this review will be helpful to everyone.
It is very dissapointing to hear so many negative comments from some people saying that FXPRO.COM is a scam. I have been trading with fxpro for the past one month and everything is ok. I have made my first withdrawal of my profit.
There quote is ok. It is only once a while that you see a re-quote. T/P and S/L orders is ok. Please if you want to trade with FXPRO.COM, please go on and open an they are good broker and regulated by CYSEC, Cyprus. There customer service is superb. I rate FXPRO.COM 10/10 and A++.
They are good broker. Those negative comments are from newbies who do not know how to trade forex. Negative comments may be too from their competitors.
I had Account with them for just 1 month. All there talk about lowering spreads, is a joke. Once you go live with them, just see there spreads. There spreads increase like 20-30 Pips.Oh yea I forgot. REQUOTE !!
If you do know the meaning of this word...trust mee..you are gonna learn it.
Its very hard to trade with FXPro its like throwing away your hard earned money.
I wouldnt recommend to my friends to trade with FXPro.
The worst broker ever !!! Requotes, Requotes, and again Requotes !!!!!
Why ??? whyy ???
Give me my money back :(
Here's a couple a reasons to question FxPro:
They've just fired over 50 employees. That's 30% of the workforce gone a month before Christmas, including one of the top managers and founders.
They've closed their offices in Greece.
Looks to me like they took on too much. Paying for advertising on football shirts might sound great - but it does nothing to improve the services on offer to your customers.
Looks like they are on the way out.
I have to respond to Eve, from England.
What do you mean you cannot set S/L and T/P with FxPro?? I have done it over and over again. I have been using FxPro for a year and the ONLY problem I've had is server down time.
I came here because a friend of mine who keeps losing money is blaming FxPro and told me to switch because they did research and discovered they are not a good broker.
From what I have seen here - I will stick with FxPro. I particularly appreciate their RELIABLE 24/7 live chat.
The representatives on the live chat service are very patient and very helpful to a newbie. There seems to be no stupid questions for them.
My rating - 8/10
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