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FxPro, any experiences?

  • #21
  • Edited 2:15pm Sep 4, 2009 1:25pm | Edited 2:15pm
Quoting ahlamo
Hello,

i must add one point to my last post. We have to keep in mind, that Forex trading is not easy and the rate of success is relatively small. Hence, people will always blame their failure on their broker making non-sense claims that the latter are betting against them.

To be exact, imagine you and I have two accounts with the same broker. You are short a pair, and I am long the same pair, now who would the broker bet against? you? me? It doesn't make any sense, any broker makes their money through the spreads they charge you and possibly...
You should be aware of this. I got this "Counterparty Disclosure" from the Alpari US site. It reads in part:

"THE FOREIGN CURRENCY TRADING YOU ARE ENTERING INTO IS NOT CONDUCTED ON ANY EXCHANGE. ALPARI US, LLC “ALPARI”IS ACTING AS A COUNTERPARTY IN THESE TRANSACTIONS AND, THEREFORE, ACTS AS THE BUYER WHEN YOU SELL AND THE SELLER WHEN YOU BUY. AS A RESULT, ALPARI’S INTERESTS MAY BE IN CONFLICT WITH YOURS. UNLESS OTHERWISE SPECIFIED IN YOUR WRITTEN AGREEMENT OR OTHER WRITTEN DOCUMENTS ALPARI ESTABLISHES THE PRICES AT WHICH IT OFFERS TO TRADE WITH YOU. THE PRICES ALPARI OFFERS MIGHT NOT BE THE BEST PRICES AVAILABLE AND ALPARI MAY OFFER DIFFERENT PRICES TO DIFFERENT CUSTOMERS.

IF ALPARI ELECTS NOT TO COVER ITS OWN TRADING EXPOSURE, THEN YOU SHOULD BE AWARE THAT ALPARI MAY MAKE MORE MONEY IF THE MARKET GOES AGAINST YOU."

You might just be a newbie and not know these things yet, and that's ok, but I would suggest that at the very least you not start calling people ignorant...
  • #22
  • Sep 4, 2009 5:37pm Sep 4, 2009 5:37pm
I have been looking for a good mt4 broker that can trade gold since most STP ECN brokers can only trade spot FX. I was with these guys but they are what they are, a bucketshop. I wouldn't trade fx at fxpro. but then maybe i shouldn't trade with them at all, no matter what it is. gonna look at alpari UK
  • #23
  • Oct 11, 2009 11:41am Oct 11, 2009 11:41am
Forget Alpari UK ..its another sucker.... will give u nice execution initially..slowly..u will see the execution giving you time to sleep.
Freezes and shit. I am still thinking about fxpro though!
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #24
  • Oct 25, 2009 4:40pm Oct 25, 2009 4:40pm
Well I got an email from FXPRO they're closing all US accounts by january 25th! that sucks!
The Sky is the Limit!
  • #25
  • Oct 27, 2009 4:52pm Oct 27, 2009 4:52pm
Quoting Jason Rogers
FXCM UK now offers CFD's for oil, gold, silver, and major stock indices.
on mt4?
  • #26
  • Oct 27, 2009 10:50pm Oct 27, 2009 10:50pm
ForexPro is the company who bought NothFinance, i am with them since i was northfinance before, i have a real live account, no trouble with them and no trouble to withdraw the money, i am Japanese resident, you can withdraw in any currency you want which is convenient as my account is in $ but i prefer receiving yen on my bank.
Spreads are ok, 2 pips (sometimes less) on the USD/JPY, they have fractional pips.
  • #27
  • Oct 28, 2009 6:50am Oct 28, 2009 6:50am
Been with them since July and so far, so good. Execution can be a little slow at times. I hedge some news releases and I have to say they've been very good, my stops have always been hit at their correct level, no slippage.
  • #28
  • Oct 28, 2009 11:02am Oct 28, 2009 11:02am
Quoting FedePresident
on mt4?
Only on the FX Trading Station right now.
  • #29
  • Oct 28, 2009 11:15am Oct 28, 2009 11:15am
I had an account, blew it. Closed the account. Nice people, bad luck.....or was it??!!!!!!!!

Cause I trade with MG, did very well
traded with FXYard, did very well and used Ava FX and did well there too cause I used the same strategy. But my strategy did not work at FXpro, I did not care cause it was only 1k. So no biggyyyyyyy
  • #30
  • Dec 3, 2009 3:29am Dec 3, 2009 3:29am
Thinking of opening an account with them within 2-3 days...
Any latest problems...anybody is facing?
Any more advise?
Signing through a rebate provider..is that fine?
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #31
  • Dec 3, 2009 3:52am Dec 3, 2009 3:52am
Quoting forexsaint
Thinking of opening an account with them within 2-3 days...
Any latest problems...anybody is facing?
Any more advise?
Signing through a rebate provider..is that fine?
Come on, what advise is needed. Everything is crystal clear.
Do some research!

fxpro ftw!!!
  • #32
  • Dec 3, 2009 6:31am Dec 3, 2009 6:31am
Quoting squaw
Do some research!
Thanks for reply but its not a science.. !
Want to know of any problems lately with anybody...! yes it was ok before as far as i knew
Regards
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #33
  • Dec 3, 2009 8:01am Dec 3, 2009 8:01am
Quoting forexsaint
Thanks for reply but its not a science.. !
Want to know of any problems lately with anybody...! yes it was ok before as far as i knew
Regards
nps, and i do understand your position.

as for me, i can differentiate a crappy bucketshop and a decent fx brokerage only after looking at the home page .. experience... *i guess*

i am still with fxpro and everything runs smoothly. awaiting for tomorrows NFPs judgement day literally, just did couple mouse clicks: "buy" e/u

Good luck!
  • #34
  • Edited 10:35am Dec 9, 2009 9:02am | Edited 10:35am
im trading at fxpro and all i can say is im stopped out perfectly everytime at the exact 5 digit price

every month
http://img130.imageshack.us/img130/9257/unbenanntdt.jpg

please dont advise me about my trading style but i feel there is somebody watching me ..

the only thing that works is my IB relationship with them
im getting 5 $ at every lot AUD / JPY and i pay my clients 10 $
with this method im making my losses back but damn trading is horrible for me
  • #35
  • Feb 10, 2010 7:28am Feb 10, 2010 7:28am
Quoting cooltrader28
im trading at fxpro and all i can say is im stopped out perfectly everytime at the exact 5 digit price

every month
http://img130.imageshack.us/img130/9257/unbenanntdt.jpg

please dont advise me about my trading style but i feel there is somebody watching me ..

the only thing that works is my IB relationship with them
im getting 5 $ at every lot AUD / JPY and i pay my clients 10 $
with this method im making my losses back but damn trading is horrible for me

haha, the BIG BRO is watching after you!! Be careful! Price manipulation - and price moves differently all the time for all traders(and diff positions i guess, right?)! Its a "pricing anarchy", right?

Cant withdraw from my demo account for last 4 month, such a bucket shop!!!! dont open account! never. never ever! ever!
  • #36
  • Jul 4, 2020 11:05am Jul 4, 2020 11:05am
Why are the EURUSD swaps so horribly high with FxPRO??

Why do they have the most expensive swap costs in the market??
  • #37
  • Jul 7, 2020 2:42am Jul 7, 2020 2:42am
Quoting Polaris38
Why are the EURUSD swaps so horribly high with FxPRO?? Why do they have the most expensive swap costs in the market??
How much per lot? for long?
Get 90% Rebates Back, No Mark UP--->Check PIPREBATES--.--com
  • #38
  • Sep 8, 2020 10:03am Sep 8, 2020 10:03am
Quoting Pip-Tony
{quote} How much per lot? for long?
You pay:

4.6 LONG
0.9 SHORT

So you are paying SWAPs with FxPro on BOTH directions
  • #39
  • Last Post: Jul 27, 2025 3:15pm Jul 27, 2025 3:15pm
They are so unprofessional, I paid almost all their fees and still didn't give access to withdraw my funds, I was able to withdraw my funds through the help of Alex victim help >at< writeme • ¢0M
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