FxPro wide spreads - you should know it | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Trade What You Know and Know What You Trade 4 replies

FxPro UK vs FxPro Cyprus 18 replies

Wide spreads - Should this be acceptable? 10 replies

Trading Monitor: Wide or Non-wide? 19 replies

Seven Big Things Professors Won’t Teach You (But You Should Know) 0 replies

Attachments: FxPro wide spreads - you should know it
Exit Attachments

FxPro wide spreads - you should know it

  • #1
  • First Post: Nov 12, 2015 9:33am Nov 12, 2015 9:33am
Hello Everyone.
I was with XM for a long time and was looking for brokers with small spreads. I have talked with the support and they told me the spreads are 0,6 to 1,6 and the avarage is 1,4. Check the screenshot and you will see that the EUR/USD gone to 180!

Stay away from this broker.
Attached Image (click to enlarge)
Click to Enlarge Name: fxpro.png Size: 15 KB
  • #2
  • Nov 13, 2015 1:45am Nov 13, 2015 1:45am
Quoting tejli007
Hello Everyone. I was with XM for a long time and was looking for brokers with small spreads. I have talked with the support and they told me the spreads are 0,6 to 1,6 and the avarage is 1,4. Check the screenshot and you will see that the EUR/USD gone to 180! Stay away from this broker. {image}
Dear Tejli007,

The spread in the one tick trading is 1.8 pips.

If you are referring to the chart, your ASK line looks to be at 1.07762, however for some reason the BID price has not yet been updated, and still stands at 1.07582. We have pulled out all of our EURUSD pricing for those 2 hours yesterday, and rest assured that there was no such a spread whatsoever.

Kind regards,

FxPro Team
Trading CFDs involves significant risk of loss.
  • #3
  • Nov 13, 2015 1:50am Nov 13, 2015 1:50am
Hey Tejli...

First... how does FxPro come into XM affairs...??? You title and subject are not the same..... troller?

Second ... that is not 180pips ....its 1.8pips
practising coitus interruptus
  • #4
  • Nov 13, 2015 8:31am Nov 13, 2015 8:31am
So because spread is increased for whatever reason 0.2 pip for a while ,we should stay away from the broker,are you serious?or is this a joke?
I'm commenting ,because i think it's really a funny joke.Have a good day
  • #5
  • Nov 13, 2015 12:01pm Nov 13, 2015 12:01pm
Quoting tejli007
Hello Everyone. I was with XM for a long time and was looking for brokers with small spreads. I have talked with the support and they told me the spreads are 0,6 to 1,6 and the avarage is 1,4. Check the screenshot and you will see that the EUR/USD gone to 180! Stay away from this broker. {image}
Hi,

I want to show you the way fx traders calculate the spread.

Please listen carefully the video.
Inserted Video



Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #6
  • Nov 14, 2015 7:12pm Nov 14, 2015 7:12pm
Sorry for the late reply, i was not getting notifications.

Please referr to the Red line (asking price) and not to the one-click-trade windows.
There are 180 points! All brokers offers max 30 points for eur/usd.
  • #7
  • Nov 14, 2015 7:16pm Nov 14, 2015 7:16pm
Quoting tejli007
Sorry for the late reply, i was not getting notifications. Please referr to the Red line (asking price) and not to the one-click-trade windows. There are 180 points! All brokers offers max 30 points for eur/usd.
ask line,
Click F8.
  • #8
  • Nov 15, 2015 2:07pm Nov 15, 2015 2:07pm
In your screenshot spread is 18 pips.
  • #9
  • Nov 23, 2018 5:28am Nov 23, 2018 5:28am
Quoting tejli007
Hello Everyone. I was with XM for a long time and was looking for brokers with small spreads. I have talked with the support and they told me the spreads are 0,6 to 1,6 and the avarage is 1,4. Check the screenshot and you will see that the EUR/USD gone to 180! Stay away from this broker. {image}
Does this mean that XM and FXPro are the same company, I opened an account with FXpro in 2014, but only come to know about XM this year. Thanks for Highlighting the fact they have high spreads.
  • #10
  • Nov 24, 2018 6:21am Nov 24, 2018 6:21am
I’ve been trading with FXPro for years, It’s pretty obvious that your display did not update properly, and this has nothing to do with FX Pro.

It’s very annoying when an excellent and reliable broker such as FXPro is criticised unfairly.
  • #11
  • Nov 24, 2018 7:21am Nov 24, 2018 7:21am
Quoting Forex-Jedi
I’ve been trading with FXPro for years, It’s pretty obvious that your display did not update properly, and this has nothing to do with FX Pro. It’s very annoying when an excellent and reliable broker such as FXPro is criticised unfairly.
+1 I dont personally trade with FxPro but I know they are one of the legit brokers out there. According to investing they also have quite good spreads = https://photoshar.in/live-fxpro-spreads
  • #12
  • Nov 27, 2018 2:03am Nov 27, 2018 2:03am
FXPro widened the spread on EURGBP to 19 pips last night and stopped out one of my trades that was in profit. I usually only traded short timeframes so rarely had trades open overnight so this was a shock to me.

I also received an email stating that is what they did and I must accept it.

Now I see they do this on a regular basis.

The red horizontal line was the price my order was closed at 0.88625. The vertical line was time of close, the high was 0.88433.

I will be changing to another broker shortly, but this this time I will do my homework.
Attached Image (click to enlarge)
Click to Enlarge Name: INCORRECT STOP OUT 15M.png Size: 217 KB
  • #13
  • Nov 27, 2018 2:18am Nov 27, 2018 2:18am
Here is one more screenshot.
Attached Image (click to enlarge)
Click to Enlarge Name: Trade Screen Shot.png Size: 204 KB
  • #14
  • Last Post: May 18, 2019 10:12am May 18, 2019 10:12am
Quoting avibe
Hey Tejli... First... how does FxPro come into XM affairs...??? You title and subject are not the same..... troller? Second ... that is not 180pips ....its 1.8pips
0 traders viewing now