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Inquiry about FX Pro

  • #21
  • Aug 18, 2009 4:18am Aug 18, 2009 4:18am
Mattrader,

Thank you for your feedback.

Okay, from the attached screenshot, it looked like the live vs demo spreads are close. That's a very plus point as far I'm concern. I'm testing their demo right now. Order execution are pretty quick w/o requotes on the demo.

Are you a satisfied FxPro customer?

Thanks again.

Vincent
  • #22
  • Aug 19, 2009 10:32pm Aug 19, 2009 10:32pm
I am thinking of opening small acc with them to test them out.
They have good selection of instruments to trade all in 1 place so that is a big plus.
  • #23
  • Aug 20, 2009 1:02am Aug 20, 2009 1:02am
Quoting Razorman
I am thinking of opening small acc with them to test them out.
They have good selection of instruments to trade all in 1 place so that is a big plus.
Appreciate any feedback from you after your live experience with FxPro.

As for me, I will be practicing on their demo for awhile.

Regards

Vincent
  • #24
  • Aug 20, 2009 7:05am Aug 20, 2009 7:05am
hi,

i am quite interested with fxpro,so i want to ask a question.

As we all know,fxpro uses 5 decimal points eg 1.42100.

For example,if i am long on eu@ 42100 and price drops to 42090..this mean -10 pips or -1pip?

please correct me if i am wrong..
  • #25
  • Aug 20, 2009 7:10am Aug 20, 2009 7:10am
Quoting easy-forex
hi,

i am quite interested with fxpro,so i want to ask a question.

As we all know,fxpro uses 5 decimal points eg 1.42100.

For example,if i am long on eu@ 42100 and price drops to 42090..this mean -10 pips or -1pip?

please correct me if i am wrong..
Its still -1 pip, the 5th digit is 1/10th of a pip.
  • #26
  • Aug 20, 2009 7:14am Aug 20, 2009 7:14am
Quoting luckylady
Its still -1 pip, the 5th digit is 1/10th of a pip.

are you sure..i am on the fxpro demo mt4...currently demoing it..at 0.50 size..i went short on eu @ 1.42166,price now is 1.42333...it shows i am -167 pip which means im losing us83.50???? i dont understand??
  • #27
  • Aug 20, 2009 7:17am Aug 20, 2009 7:17am
Quoting easy-forex
are you sure..i am on the fxpro demo mt4...currently demoing it..at 0.50 size..i went short on eu @ 1.42166,price now is 1.42333...it shows i am -167 pip which means im losing us83.50???? i dont understand??
16.7 pips
  • #28
  • Aug 20, 2009 7:19am Aug 20, 2009 7:19am
Quoting traderfx
16.7 pips
ok..but how come fxpro mt4 is showing -167pips loss ( demo account )..
  • #29
  • Aug 20, 2009 7:20am Aug 20, 2009 7:20am
Quoting easy-forex
are you sure..i am on the fxpro demo mt4...currently demoing it..at 0.50 size..i went short on eu @ 1.42166,price now is 1.42333...it shows i am -167 pip which means im losing us83.50???? i dont understand??
You are on a standard account which means you are losing $5 a pip at the moment multiply that by 16.7 you get $83.50
  • #30
  • Aug 20, 2009 7:25am Aug 20, 2009 7:25am
Quoting luckylady
You are on a standard account which means you are losing $5 a pip at the moment multiply that by 16.7 you get $83.50
ok..thanks for the explanation...when it says size in mt4 (i am a noob at mt4) what does it means..for example 0.10,0.20,0.30..please explain,i need to learn
  • #31
  • Last Post: Aug 20, 2009 7:30am Aug 20, 2009 7:30am
Quoting easy-forex
ok..thanks for the explanation...when it says size in mt4 (i am a noob at mt4) what does it means..for example 0.10,0.20,0.30..please explain,i need to learn
If you mean lot size, 1.0 is 1 lot, 0.5 half a lot and so on. if you are on a standard account 1 full lot is $10 per pip, so 0.10 would be $1.00/pip.
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