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Experiences with FxPro

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  • Post #481
  • Quote
  • Mar 10, 2015 5:43am Mar 10, 2015 5:43am
  •  FxPro Global
  • | Joined Jul 2012 | Status: www.fxpro.com | 171 Posts
Quoting Tronis
Disliked
{quote} Hi When the MT5 will be launched?
Ignored
Dear Tronis,

The MT5 will be launched very shortly.

Kind regards,

FxPro Team
Trading CFDs involves significant risk of loss.
 
 
  • Post #482
  • Quote
  • Mar 10, 2015 11:25am Mar 10, 2015 11:25am
  •  FxPro Global
  • | Joined Jul 2012 | Status: www.fxpro.com | 171 Posts
Quoting headfake
Disliked
{quote} Hi fx pro ,I ask this because ive just opened an account with you, not sure I understand this statement regarding you reserving the right to close positions in extreme market conditions , how are you able to do this as the positions have been passed onto your liquidity provider cheers
Ignored
Dear Headfake,

If I understood your question correctly, technically it is possible via our recently acquired FX aggregator Quotix.
Trading CFDs involves significant risk of loss.
 
 
  • Post #483
  • Quote
  • Mar 16, 2015 4:17am Mar 16, 2015 4:17am
  •  FxPro Global
  • | Joined Jul 2012 | Status: www.fxpro.com | 171 Posts
Dear members,

We are pleased to announce that the MT5 is now live.

For more information, please visit the following link

As always, shall you have any questions, please do not hesitate to contact our support team.

Kind regards,

FxPro Team
Trading CFDs involves significant risk of loss.
 
 
  • Post #484
  • Quote
  • Mar 16, 2015 2:36pm Mar 16, 2015 2:36pm
  •  mitch77
  • | Joined Mar 2012 | Status: Member | 563 Posts
Is the minimum lot size for all platforms changed recently to 0.01 (1000 units)? I dont think it use to be this. Also what is the server time of the MT5 platform? NY Daily close same as MT4 hopefully.

Thanks.
 
 
  • Post #485
  • Quote
  • Mar 16, 2015 3:02pm Mar 16, 2015 3:02pm
  •  jizzyjay
  • | Joined Jan 2015 | Status: Testing over. Preparing to go live! | 143 Posts
The maximum leverage on the MT5 account is 1:200.
Why is this different to the maximum of 1:500 you offer on your ctrader and mt4 platforms?
 
 
  • Post #486
  • Quote
  • Mar 17, 2015 3:40am Mar 17, 2015 3:40am
  •  FxPro Global
  • | Joined Jul 2012 | Status: www.fxpro.com | 171 Posts
Quoting mitch77
Disliked
Is the minimum lot size for all platforms changed recently to 0.01 (1000 units)? I dont think it use to be this. Also what is the server time of the MT5 platform? NY Daily close same as MT4 hopefully. Thanks.
Ignored
Dear Mitch77,

We have indeed changed the minimum order size across all platforms, including cTrader and MT5. As far as the server time is concerned, it is the same on MT5 as it is on MT4 (GMT+2).

Shall you have any more questions, please do not hesiate to contact us.

Kind regards,

FxPro Team
Trading CFDs involves significant risk of loss.
 
 
  • Post #487
  • Quote
  • Mar 17, 2015 3:43am Mar 17, 2015 3:43am
  •  FxPro Global
  • | Joined Jul 2012 | Status: www.fxpro.com | 171 Posts
Quoting jizzyjay
Disliked
The maximum leverage on the MT5 account is 1:200. Why is this different to the maximum of 1:500 you offer on your ctrader and mt4 platforms?
Ignored
Dear Jizzyjay,

Currently, the maximum leverage on MT5 is 1:200, it is the initial setting for the launch. We expect to increase this in the coming weeks. Once it is done, we will inform our clients via email and on the ForexFactory forum in this thread. Leverage change requests can then be submitted directly to the FxPro Support.

Shall you have any more questions, please do not hesitate to contact us.

Kind regards,

FxPro Team
Trading CFDs involves significant risk of loss.
 
 
  • Post #488
  • Quote
  • Mar 17, 2015 12:01pm Mar 17, 2015 12:01pm
  •  rapphire
  • | Joined Aug 2009 | Status: Member | 52 Posts
Quoting FxPro Global
Disliked
{quote} Dear Mitch77, We have indeed changed the minimum order size across all platforms, including cTrader and MT5. As far as the server time is concerned, it is the same on MT5 as it is on MT4 (GMT+2). Shall you have any more questions, please do not hesiate to contact us. Kind regards, FxPro Team
Ignored

Actually changing the minimum order size is a positive news, i wonder why i don't receive such updates from Fxpro? (i am already a Fxpro client)
 
 
  • Post #489
  • Quote
  • Mar 17, 2015 12:02pm Mar 17, 2015 12:02pm
  •  rapphire
  • | Joined Aug 2009 | Status: Member | 52 Posts
Quoting FxPro Global
Disliked
{quote} Dear Mitch77, We have indeed changed the minimum order size across all platforms, including cTrader and MT5. As far as the server time is concerned, it is the same on MT5 as it is on MT4 (GMT+2). Shall you have any more questions, please do not hesiate to contact us. Kind regards, FxPro Team
Ignored
Both Ctrader and MT5 are market execution, but why is the min spread for ctrader starts from 0 pips while the MT5 starts from 1.2 pips?

Cheers
 
 
  • Post #490
  • Quote
  • Mar 18, 2015 4:20am Mar 18, 2015 4:20am
  •  FxPro Global
  • | Joined Jul 2012 | Status: www.fxpro.com | 171 Posts
Quoting rapphire
Disliked
{quote} Actually changing the minimum order size is a positive news, i wonder why i don't receive such updates from Fxpro? (i am already a Fxpro client)
Ignored
Dear Rapphire,

The client email informing on the new minimum order size on cTrader is due to go out next week.

Kind regards,

FxPro Team
Trading CFDs involves significant risk of loss.
 
 
  • Post #491
  • Quote
  • Mar 18, 2015 4:23am Mar 18, 2015 4:23am
  •  FxPro Global
  • | Joined Jul 2012 | Status: www.fxpro.com | 171 Posts
Quoting rapphire
Disliked
{quote} Both Ctrader and MT5 are market execution, but why is the min spread for ctrader starts from 0 pips while the MT5 starts from 1.2 pips? Cheers
Ignored
Dear Rapphire,

On the cTrader, we have raw spread + commission, while on the MT5, it marked-up spread, and no commission.

Kind regards,

FxPro Team
Trading CFDs involves significant risk of loss.
 
 
  • Post #492
  • Quote
  • Mar 18, 2015 4:34am Mar 18, 2015 4:34am
  •  mozhixing
  • | Joined Feb 2015 | Status: Member | 51 Posts
are you a Cyprus brocker or U.K broker? I feel unsafe if my money is held in a Cyprus bank account.
 
 
  • Post #493
  • Quote
  • Mar 18, 2015 5:41am Mar 18, 2015 5:41am
  •  FxPro Global
  • | Joined Jul 2012 | Status: www.fxpro.com | 171 Posts
Quoting mozhixing
Disliked
are you a Cyprus brocker or U.K broker? I feel unsafe if my money is held in a Cyprus bank account.
Ignored
Dear Mozhixing,

FxPro has 2 entities: FxPro UK Ltd (UK), which is regulated by the Financial Conduct Authority, FCA (registration n. 509956), and FxPro Financial Services Ltd. (Cyprus), regulated by CySEC (license number 078/07).

The clients of FxPro UK Ltd. may deposit in Barclays Bank or RBS, while the clients of FxPro Financial Services Ltd. may deposit with Barclays, Bank of America and RBS.

Please note that the clients funds are kept in segregated from the corporate funds, in accounts with Barclays UK and Credit Suisse Monaco.

shall you have any more questions, please do not hesitate to contact us.

Kind Regards,

FxPro Team
Trading CFDs involves significant risk of loss.
 
 
  • Post #494
  • Quote
  • Mar 20, 2015 8:14am Mar 20, 2015 8:14am
  •  FxPro Global
  • | Joined Jul 2012 | Status: www.fxpro.com | 171 Posts
Dear Members,

We would just like to bring your attention to our free education seminar which we are holding in our UK office, heart of the City of London. This will be at 18h00 UK time on Wednesday 25th March.

If you would like to attend please click on this link to register or see further details http://www.fxpro.co.uk/trading/academy/events

Kind Regards,

FxPro Team
Trading CFDs involves significant risk of loss.
 
 
  • Post #495
  • Quote
  • Mar 20, 2015 9:52am Mar 20, 2015 9:52am
  •  ForexDao
  • | Joined Dec 2011 | Status: Member | 115 Posts
How do i know which bank is my money with?
 
 
  • Post #496
  • Quote
  • Mar 21, 2015 4:31am Mar 21, 2015 4:31am
  •  rapphire
  • | Joined Aug 2009 | Status: Member | 52 Posts
Quoting FxPro Global
Disliked
{quote} Dear Rapphire, On the cTrader, we have raw spread + commission, while on the MT5, it marked-up spread, and no commission. Kind regards, FxPro Team
Ignored
1. Since the MT5 is also marked up, actually there is no difference compared to your MT4 right? Since MT4 is also marked up.

2. Is the spread on MT5 lower than that of MT4?

3. Is there a fix spread account type on MT5? (i know there is fix spread on MT4 and i like it)

Thanks.
 
 
  • Post #497
  • Quote
  • Mar 22, 2015 5:54am Mar 22, 2015 5:54am
  •  rapphire
  • | Joined Aug 2009 | Status: Member | 52 Posts
Let say I have $2k in Fxpro Vault and another $2k in one of my MT4 account. Assuming i lost let say $6k because of the recent CHF event, so will both my Fxpro Vault and MT4 account becomes zero value or is it just the MT4 account (meaning there is still $2k in my Fxpro Vault) ?
 
 
  • Post #498
  • Quote
  • Mar 22, 2015 5:56am Mar 22, 2015 5:56am
  •  rapphire
  • | Joined Aug 2009 | Status: Member | 52 Posts
With agency model, how do you offset clients trade with liquidity provider if we trade 0.01 lot size? u mean big banks like JPmorgan is trading 0.01 lots with us?
 
 
  • Post #499
  • Quote
  • Mar 22, 2015 6:15am Mar 22, 2015 6:15am
  •  Unabletrader
  • Joined Jun 2014 | Status: Member | 329 Posts
Quoting rapphire
Disliked
With agency model, how do you offset clients trade with liquidity provider if we trade 0.01 lot size? u mean big banks like JPmorgan is trading 0.01 lots with us?
Ignored
FXPro would be your counterpart if you trade with 0.01 lot. They provide as many brokers a matching orders model for clients trading at least 1 lot (100k) only.
 
 
  • Post #500
  • Quote
  • Mar 22, 2015 6:00pm Mar 22, 2015 6:00pm
  •  mamalujo
  • | Joined Aug 2012 | Status: Member | 643 Posts
How come fxpro closes 10pm on friday but opens 11pm sunday as against 10pm?
 
 
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