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Experiences with FxPro

  • #201
  • Mar 1, 2012 12:58pm Mar 1, 2012 12:58pm
Quoting onlyghost
Thaks a lot for you answer rooicol. Do you know if this is a common pratice with other brokers or it's only FxPro limitation?

Once again thak you for your time.

Regards
Take a look at this spreadsheet here

Look at column H.
  • #202
  • Mar 1, 2012 1:35pm Mar 1, 2012 1:35pm
Quoting onlyghost
Hi everyone,

I've a Fxpro demo account with MT4 platform.

I don't know what's up, but this broker only allow me to open a pending order Buy Stop or Sell Stop with 50 pips minimum distance from market even on EURUSD.

With this limitation it's pratically impossible open pending orders because that range represent almost half of day trading.

I wonder if somenone has the same limitation with FxPro?

Thanks in advance.
Its actually 5 pips (50 points) minimum distance.
  • #203
  • Mar 1, 2012 2:22pm Mar 1, 2012 2:22pm
Hi rooicol,

Thanks once again, the spreadsheet is very good job yours.

I email Fxpro about this situation and they informed me that limitation to the market is measured in points not in pips, which i accept. However my MT4 platfor said "...at least 50 pips" not "....50 points". I think it's a little bug.

Regards.

Quoting rooicol
Take a look at this spreadsheet here

Look at column H.
  • #204
  • Mar 1, 2012 2:23pm Mar 1, 2012 2:23pm
Quoting ohammond
Its actually 5 pips (50 points) minimum distance.
Tanks ohammond.

regards.
  • #205
  • Apr 12, 2012 11:01am Apr 12, 2012 11:01am
  •  duca
  • | Joined Dec 2011 | Status: Investing is simple, but not easy | 409 Posts
best spread €-gbp
Attached Image
give 1 and get 100
  • #206
  • Apr 12, 2012 11:22am Apr 12, 2012 11:22am
Aussie spread.
Attached Image (click to enlarge)
Click to Enlarge Name: Aussie spread.png Size: 26 KB
  • #207
  • Apr 21, 2012 2:20pm Apr 21, 2012 2:20pm
Quoting slovforex
So, how was it?
During London Session I saw that e/u spread was 2,0.(((
I do not understand their policy...

I stress again, they MUST reduce the spread for Ctrader platform! )))
I do not care about MT4, but if they decrease it for Ctrader I will definitely open account!))
It realy amuses me when traders bitch about 1 or 2pip spread difference cause i dont give a hoot even if im executed with a 5pips slippage, my profit on each position trade i make more than compensate for the slip.

99% of all those that complain about brokers in all forums are either scalpers or lazy and greedy EA users
The only way not to think about money is to have a great deal of it
  • #208
  • May 4, 2012 9:55am May 4, 2012 9:55am
Quoting Makavelli7
It realy amuses me when traders bitch about 1 or 2pip spread difference cause i dont give a hoot even if im executed with a 5pips slippage, my profit on each position trade i make more than compensate for the slip.

99% of all those that complain about brokers in all forums are either scalpers or lazy and greedy EA users

Why shouldn't we look for the best spreads available? It's not the difference between success or failure but why pay anymore to a broker than you have to - especially when EAs or scalpers are such a big part of the market.

FxPro EUR/USD currently 1.7
  • #209
  • May 4, 2012 10:14am May 4, 2012 10:14am
And 1.7 is something to write home about?
  • #210
  • May 14, 2012 5:25am May 14, 2012 5:25am
Quoting shrike
And 1.7 is something to write home about?
No of course not, its getting better though and with their cash rebates its working out more like 1.2 / 1.3 for me at the moment.
  • #211
  • May 14, 2012 4:13pm May 14, 2012 4:13pm
Quoting Makavelli7
It realy amuses me when traders bitch about 1 or 2pip spread difference cause i dont give a hoot even if im executed with a 5pips slippage, my profit on each position trade i make more than compensate for the slip.

99% of all those that complain about brokers in all forums are either scalpers or lazy and greedy EA users
Wait till u try to withdraw any profits - assuming u have any - thats when the real limitations kick in
FF = Forex Faggots
  • #212
  • May 14, 2012 4:27pm May 14, 2012 4:27pm
Quoting 8fingers
Wait till u try to withdraw any profits - assuming u have any - thats when the real limitations kick in
What limitations? I know a lot of people that trade with fxpro and their withdrawals are always fast.
  • #213
  • Edited 6:03am May 20, 2012 5:26am | Edited 6:03am
Quoting ohammond
What limitations? I know a lot of people that trade with fxpro and their withdrawals are always fast.
I can second this, I make regular withdrawals and I've never had a problem.
  • #214
  • May 20, 2012 5:35pm May 20, 2012 5:35pm
Me ether haven't heard about any withdrawal limitation.
  • #215
  • May 20, 2012 5:39pm May 20, 2012 5:39pm
Quoting onlyghost
Hi everyone,

I've a Fxpro demo account with MT4 platform.

I don't know what's up, but this broker only allow me to open a pending order Buy Stop or Sell Stop with 50 pips minimum distance from market even on EURUSD.

With this limitation it's pratically impossible open pending orders because that range represent almost half of day trading.

I wonder if somenone has the same limitation with FxPro?

Thanks in advance.
Yes 5 digits in the pricing bring some mess :-)
  • #216
  • May 20, 2012 5:48pm May 20, 2012 5:48pm
Quoting Makavelli7
It realy amuses me when traders bitch about 1 or 2pip spread difference cause i dont give a hoot even if im executed with a 5pips slippage, my profit on each position trade i make more than compensate for the slip.

99% of all those that complain about brokers in all forums are either scalpers or lazy and greedy EA users
Absolutely agree, in the market there is not such low spreads, the make it artificial. And offcourse some "smart traders" finds lucks in the pricing and trying to use EA to catch it and take most of the brokers commission.

There for brokers welcome traders and do not welcomes scalpers.

Believe me, you couldn't find spread less than 2 pip (20) for EURUSD for 2 mio., And the bigger lot you have the bigger spreads you will get.
  • #217
  • May 21, 2012 8:50am May 21, 2012 8:50am
Quoting Makavelli7
It realy amuses me when traders bitch about 1 or 2pip spread difference cause i dont give a hoot even if im executed with a 5pips slippage, my profit on each position trade i make more than compensate for the slip.

99% of all those that complain about brokers in all forums are either scalpers or lazy and greedy EA users
And what's wrong with being a scalper?

Some of the most successful trading firms these days are scalpers (HFT firms). Nah they're probably all wrong and you are right, a 1 or 2 pip spread difference does not matter.

Quoting Num
Absolutely agree, in the market there is not such low spreads, the make it artificial. And offcourse some "smart traders" finds lucks in the pricing and trying to use EA to catch it and take most of the brokers commission.

There for brokers welcome traders and do not welcomes scalpers.

Believe me, you couldn't find spread less than 2 pip (20) for EURUSD for 2 mio., And the bigger lot you have the bigger spreads you will get.
Wrong. Your trade volume does not affect the spread you get, it affects the slippage you get. With a big ECN and if enough liquidity happens to be available, you can get less than 2 pips in spread+slippage.

Don't you just love it when traders try to make excuses for their favorite brökers and try to validate their having worse conditions than they could have had if they wanted to? No wonder the retail trading world is so full of suckers.

FXPro's spreads are obviously not that good for an ECN. There is better.
  • #218
  • May 22, 2012 8:20am May 22, 2012 8:20am
OK Guys, so I have traded the FXPro MT4 DEMO account for several months, today I asked their live support chatbox a question regarding the Virtual Dealer Plug-in. To my surprise, they couldnt answer directly, which raises for me a HUGE red flag. In essence, they have already answered the question, by avoiding to answer it directly when asked. Heres the conversation:

Question: Do they use the Virtual Dealer Plug-in?

http://hostmypic.net/pictures/9f22ec...e296e40952.jpg
Tracking the Specialists.
  • #219
  • May 22, 2012 9:09am May 22, 2012 9:09am
Quoting Connected
OK Guys, so I have traded the FXPro MT4 DEMO account for several months, today I asked their live support chatbox a question regarding the Virtual Dealer Plug-in. To my surprise, they couldnt answer directly, which raises for me a HUGE red flag. In essence, they have already answered the question, by avoiding to answer it directly when asked............
lol
How about emailing them & citing that "customer support referred me to your email for exact and honest answer" ?

Do share the answer here... haha
(Would be surprised(*100) if they say YES.)
The answer prolly would be "Sorry. We do not know about any such software. And we are a fully regulated broker"... just like another other MT4 broker)
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #220
  • May 22, 2012 9:17am May 22, 2012 9:17am
So I emailed their dealing desk and received the reply below, as you can see, they don't want to give an answer either.

http://hostmypic.net/pictures/b25992...0396f8b7a9.jpg
Tracking the Specialists.
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