IndigoPingvin and Affi2, yeah, yeah I didnt read all the rules specially that rule that contradicts the word STOP LOSS and says that we could not stop our losses with a STOP LOSS!!!. And there was only a gap because the opening hour of the Fxpro server, wich is not the real open of the market. In fact they could open their servers on the hours that will be most profitable. Oanda opens a couple of hours before. I wonder if in the case of a T/P they apply that rule in the benefit of the client.
I'm very happy with FX Pro, I miss Pamm accounts, but live chat support has always delivered believe it or not... Plus the Paypal bridge is priceless for funding and withdrawing. And even on non-ECN, regular accounts, the spreads are ridiculously low! (at least compared to what I was used to) Execution is quite fast, requotes yes but that's an easy fix if you know the first thing about the platform.
was flicking though the EAs review, thought to step back and see the fxpros thread. again, i want to stress that very surprised to see all the reviews. on top they have really good spreads with no commissions(MM model) which is absolutely fine with me..
you wont really find any better broker(i have been with ibfx for a while) and what a diff! anyways, good luck to everyone
I used to trade with slow wireless internet connection (250 - 500+ ms execution). I had the same problems then, I put slipp 5 pips and GBP/JPY order still didn't get closed. When I changed connection to fast DSL all those problems disappeared.
FXpro is the first broker I used to trade. Reading all comment about FXPRO broker now I understand why when the fast movement I can'nt closed my position. The reason saw on the screen that 'there no conection' Now I see that the broker maybe shut down thier server. why they do this.? So what is the best and biggest broker in the world ?
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.
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