171 reviews of FxPro are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
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
Platformchrashes at clean systems, spread jumpings to 100pips, so EA's cant set SL Limits or Break Even. Short positions were opened as long positions during manual trading.
Server doesnt accept any command, or with delay. So Positions want to let open were closed without any reason. I traded them over 3 month, and everytime i have a good profit range, these problems starting. Alpari is much much better. I think they have severy hardware problems, which cannot handle all requests. I had over 12 Metatrader chrashes with open positins, while my Alpari MT still runs without problems (just one time) Tested on Vista, 7 and Server 2003!
I notice that there is another broker with similar name to fxpro, called fx-pro. I noticed a ton of bad reviews for fx-pro on another review site, which mentions not to mix up their names. Just thought I would point that out as there is probably confusion between these brokers.
I have been traded with fxpro for 4 years,i dared to said its a good broker.Some people lose money with a bad strategy then censure to the broker.
FxPro is a reliable broker and can be trusted.Thei Mata 4 platform performance is super and I have had no problem with it for two years or there about. There is also no problem withdrawing money from them. This broker is one of the few that one can trust. My only advice to them is to reduce the spread on the minor crosses and to start offering some other minor currencies like EUR/TRY, GBP/TRY, GBP/RUB,etc. I wish them well.
i am too quite curious where all these bad comments come from. for me, fxpro is doing just fine. i ve done two withdrawals, which was successful n i had withdraw all the capital n trading with the profits alone. for those who really had problems with the company n platform, im sorry to hear that but they doing just fine with me. if u guys r fake, pls stop cuz u r stopping people from clinging to a good broker. im here just to clear the confusions.
I am so confused, why there is no broker has more than 90% positive review, I think there are lot of fake info provide by broker themselves or other broker. I have not use this broker yet, but one of my friend said they are good one, I may have a try, but do not know if Cyprus Securities and Exchange Commission do a good regulate or not.
I am still a client of Fxpro and not very experienced in trading but i must say i have come to the point of trying some other broker as i have become suspicious of the company due to the fact that most of my loses have only happened when the platform is frozen.for close to one year of trading with fxpro i have never never withdrawn a dime as profit and the only time i came close to doing so, it happened again..... for a newbie like me well think twice
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