To use chat, please login.
Back to contacts

FxPro Review Scores


Overall score: 4.1 / 5

Total votes: 623
Platform
1
Pricing
1
Customer service
1
Features
1
1 - Worst 5 - Best

FxPro Discussion

1 posts
fxPro is my first broker and I have been spending with them more than one year. Five month ago I would probably claim they were very good broker, reliable and quick, but times are changing a lot.

Period 1- good times
I was a newby (of course, I have been still a newby). My account obviously merged to red numbers. But I experienced nearly no requotes and very short delays for instant orders, even during high volatility times, like the flash crash. I experienced pending orders to be filled exactly at the price I ordered, and if there was a gap, I got the price in the middle of gap.
With this knowledge it was possible to turn my red numbers back into the black and the equity curve started like a rocket.

Period 2 - scam times
Suddenly the execution time of instant orders has been increased to at least 5 seconds (I have a record of 70 seconds), regardless of condition in the market. I was not able to enter the market with instant order, even in the very quiet market, unless I allowed slip at least 3 pips. Every time I got the worst tick price within the waiting interval and I never ever got a positive slippage. And when I was trying to close the order, the story repeated.
If the price moved in my favour during the interval, i.e there was no worse tick I could have bought, the requote appeared. The same if the worst tick was further then the allowed 3 pips.
Pending orders became very dangerous for trading the news. If the order appeared in a gap, the order did not activate until the next 15 ticks (my best guess), and then the worst tick price was chosen.
If there was a second gap within those 15 ticks, the count seemed to be restarted. If the price made a U-turn after the gap and crossed your pending order in the other way round, you got filled immediately.

Since September I am not able to make money with them any more and I realized, that I spent more time on investigating and documenting the fxPro mt4 behaviour then on market analysis.
60 posts
when backtesting dont forget that they make some gaps in history ... and pls dont ask me why :) those guys are really smart and with no mercy... a decent institution would not set its office in cyprus.. huh?
so stop the bulls.it and admit that they are playing against retail traders..
1415 posts
Have to disagree with you, FxPro in my considered opinion use the broker side plug in on successful traders.

I ran an EA live and the exact same EA on a demo account for a period of around six months with FXPro and the results were markedly different.

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
4 posts
FxPro is one of the most decent guys out there. i am surprised to see all those 'stop hunting' exclamations. no freaking way. 8.5/10 definitely.
9 posts
I use the FXPRO broker, about re-quotes its quite common with 5digit brokerages as price move fast in these type, so you have to set deviation to 2pips so u dont get requote. Withdrawals are okay, i get paypal in 1hour of request. The only problem is they do not support microlots which is common in every brokers.
Just do the cool easy thing!
60 posts
well, this is not surprising. All this gays are scam. the rollover is almost all the time against you.. ok it's not big money... but hey is this a fair game? you re playing with cheaters.. and 90% of mt4 providers are cheaters..
 
and it s just forex.. if you trades cfd with such brokers ..they will kill you with commissions..

the only broker i would ever recommend is Oanda.. in fact analyze your charts on Mt4 or any other platform.. and trade with Oanda...

cheers
72 posts
avatar posted: yes dont trade news there and Dont trade asian .,.. they are horrible that times .. although im partner with them for long time now and they seem very reliable and good conditions und europe trading 0.6 spread eur / usd and 3 pips aud / jpy will buy my lamborghini very soon

1 year later my opinion completly changed .. they are unhonest unfriendly they do real proven scam

you bring them clients and they cancel your contract ...
think about this behaviour and make your own decision .. we not talkin about 200 $ we talking 3.4 to 7 k monthly revenue!

   

please use another broker ...if you need features they offer THERE is an alternative which isnt CYSEC regulated

so cyprus dont do nothing against their scam .. i asked atteurney becasue they proven steal over 12k from my client and over 7 k from me he said its your fault when u chose this broker you have problems !

so my intention is to warn people before its to late .. also they are not big company the have so called representative offices which dont mean nothing !!!!!

trading conditions are not good becasue of variable spread and Dealer plugin intervention

im really tired of this business in general ..

take care Everyone!
24 posts
I love this broker even sometimes I get some re-quotes. I still can manage making good money especially during US time session. I believe that some time pending orders are best to use instead of market order because of the fast movement of the market price.

Looking forward to hearing more opinions about this broker.

Best wishes,

Scarface
1415 posts
FX Pro insist on using the original method that you used to fund the account. I did open an MB trading account but they had some weird issue with the lot sizes on demo accounts which meant that I didn't go ahead with funding a live account. I'm currently using a Jade Fx account for a play account and bridging across to Dukascopy for a main account.

From my undestanding of them, bad ticks are where you don't get an up to date tick feed, so the MT4 platform corrects the prices. It always conveniently seems to happen at the point where my trades are about ready to open and market volatility is good - meaning the trades have a high degree of success. It could of course just be down to the fact that there are a lot of ticks incoming at the time and my connection is struggling to keep up but I think it's unlikely.

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
88 posts
I'm sorry to hear about your problems. I don't think I have had any problems, except for that the price feed on the demo- and real servers are different. Why is that...? 😑

What do you mean by 'bad ticks' - ticks with wrong price?

Can't you transfer the money with a normal bank transfer? I have deposited and withdrawn money several through EU bank transfer, without any issues. Probably slower compared to credit/debit card (since it takes ~3 days for the money to arrive), but it always works, right?

How is MB Trading? Everything good? 😎
Whoever said money can't buy happiness didn't know where to shop.
1415 posts
I've finally closed my FxPro account, tired of the tricks they've been pulling on my account. Disconnects during trades when there is fast movement - even though the demo server stays up!

Far too many requotes and bad ticks, preventing my strategy from opening up orders that would have gone on to win.

Now as I try and withdraw my money they insist on the transaction going against the debit card I issued the money with. A card that has by now expired, meaning that I don't actually have the details of the card anymore.

They are saying they can't process the withdrawal otherwise!

Next step CySec!

11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
1415 posts
Have to disagree with these reviews, sorry.
been with FXPro for a while now, they're useless during the Asian session and they are requoting me I would say two to three times a week. Generally when there is a strong movement on my breakout strategy, so I'm missing trades that would have gone on to win. Finally decided to make the switch and have opened an account with MB Trading for the EA that I use on FX Pro.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
6 posts
A very good broker ,tight spreads .very good customer service , instant opening and deposit .I hadn't re-quotes problems or stop chasing problems .I'm very satisfied .
4 posts
No problems so far with FXPRO. I think they're the best!
95 posts
I am new with fxpro and i am satisfied with their service till now.execution is fast and not a shit like fxopen i use ,the dirtiest broker i ever experienced.
More profit with lower risk is my strategy
44 posts
The best broker ever,have been with them for almost a year,execution superb,spreads don't widen during news release,good customer service,instant deposits...if you must trade forex,trade with fxpro.com😄
I mean business and i mean it
88 posts
Have a wonderful New Year's Eve! May all your troubles last as long as your New Year's resolutions! 😁
Whoever said money can't buy happiness didn't know where to shop.
60 posts
yeah i was surprised too, i was short my trailing stop was triggered... anyway i had some + 20 or 30 pips, but i lost further advance coz it was during night session...anyway after that i stopped with them...
I ve heard Oanda had almost the same problem with USDJPY (i don't know when exactly)but all customers were refunded ...

anyway sh i t happenz.. happy new year 2 all :)
88 posts
Wow, that is some huge spike at the FxPro chart at 00:29! 😲

Were you in a long or short position at that time? It you were in a long position, I guess your TP was triggered; and opposite if you were in a short position... How big was the spike? Looks like it was 25-30 pips too big compared to the Oanda chart? 😲
Whoever said money can't buy happiness didn't know where to shop.
60 posts

find the difference... and you know what they said? 'it was a technical problem we're sorry... if you had losses we can refund you... fortunately i had some positive figure, but anyway i lost further advance and this nobody can fix it...'

<a href= target='_blank'><img src= /></a>


<a href= target='_blank'><img src= /></a>


Attachments:

Please login to comment .
Compare Forex spreads in real time Forex Spreads