FxPro.com reviews




Average: 2.7 based on 18 reviews
2.6875
FxPro.com
FxPro.com Forex broker reviews

Follow discussion about FxPro.com


  • Website: www.fxpro.com
  • Year since: 2006
  • Headquarters: Limassol, Cyprus
  • Company registration: FxPro Financial Services Ltd. (reg.# 181344);
    FXPRO UK Limited.
  • Regulation: CySEC license no. 078/07;
    FSA UK (ID: 477418, 509956).

Traded with FxPro?
Were you satisfied with the quality of FxPro.com broker services?

Rate and review this Forex broker

REVIEWS & RATINGS

Rating interpetation



thailand

January 16, 2012



3 years Total
7 months with this Broker
4


I really dont understand why some people keep on saying that forex pro is a market maker, IT is a ECN Broker with a MT 4 platform which allows me to use all EA programs, and some times re-quotes are normal. during news event etc.
There is no commission because the commission is added to the spread. This brokers has many liquidity providers and its all anonimous.


Peter

November 25, 2011



1,5 years Total
1 year with this Broker
1


Terrible slippage and re-quotes! I also noted that when you are making profit platform starts to work slowly - much more re-quotes! At first i thought it is my imagination, but after seeing other people reporting the same i feel so screwed! If you have money to donate go on Fxpro will be the best choice for you, otherwise stay the hell away from them! Just for the record: i had like many times 4-5 re-quotes in a row WTF???? Good luck to all of you and NEVER I mean NEVER open an account with a market maker!


Kuwait,eesa

October 30, 2011



3Month Total
2Month Demo,1Month LIVE with this Broker
4

Hey...
many years i thought Forex is a scam business but 4 month ago my friend told me about it that exactly what is Forex
i start my research and get many information about Forex (specially this website helped very much ) .
i can say people they call Forex is scam they having a wrong idea about forex ( except the real scam forex brokers that you can find them in official website they monitoring Forex Brokers all over the world )

when we start loosing money we start saying our broker is scam ,they are cheating the dont give my money and
the chart is cheating .... dude all is you not them ... when i start with Fxpro in demo i like them but when i try
to open account i see they killed me for Documents and take 5 days to open it . in fact i like it cause they looking
for security and rights .. so i cant say that this is a bad point ! im living in Kuwait last 8 years for my work and is
not easy to give Documents they request here is deferent world much better and great world :)

most of people they come to forex they think its a casino ... dude Forex is not gambling .. last 2 month i just study and study about chart i had a great courses with very professional person i found it in internet ...if you dont know basic and you dont know how to read charts you will loosing .... after 3 days i open my account in Fxpro my 100$ just go to 540$ .... just using 3SMA and Ichimoku ... in Demo my 10,000 $ in 5 days reached to 27500 $ ..
execution for me is great and i love the update and news they send it to your email every day . before courses
i was a looser !!

maybe this help :
-NEVER attempt to predict where the market will go
-NEVER attempt to pick "tops" and "bottoms" of price action
-ALWAYS respect the trend and align their trades accordingly
-Let the market tell them when the trend is finished, not their "intuition"
-Realize that they will necessarily sacrifice some pips at the beginning and end of a trend as they wait for --confirmation that the trend beginning and end are authentic
-Look at price action from a long-term perspective and don't get shaken by volatility
-Understand that they will go through some potentially significant but temporary periods of drawdown as the trend matures
-Understand that trend trading can lead to large gains but also equally large losses
-Understand that trends can take place on multiple time frame

Have a Good Forex :P


Indonesia, Balinese

October 14, 2011



3 year Total
1,5 years on live account with this Broker
1


I'm not recomended to open live account here. when you consistent profit, they will kill you. requote and slow execution only on your platform. I think they install virus on their platform, but when you loss a lot of money. Your platform become faster. very strange for me..
when you open live account here. only trade USDJPY, they give best spread. Always Witdraw your profit before they take it back.
for Indonesian People Stay a way from this broker. Don't open live account here. Just open demo account for practice. Trust me, you will never win against this broker, because they are market maker. They are very unfair.
for beginner traders don't open live account here, just open demo account for practice, because there is no time limit to use thier platform
Stay a way from this broker.


raw

September 23, 2011


BEWARE!!!
Virus threats found when download demo platform


Brazil, Hattenas10

August 17, 2011



4 years Total
3 years with this Broker
5


Excelente broker, baixas taxas, rapidez nas negociações, suporte muito bom, várias e-currencies.
Tudo de bom!
Extremamente recomendado para contas superiores a 2k. Menos que isto é um pouco complicado considerando que o lote mínimo é de 0,10. Para contas de 500 por exemplo... o risco é muito grande no caso de erros de trades com alavancagem um pouco mais alta.
Fora isto.... é um excelente broker. Muito bem recomendado. :o)

------ Google translate -------

Excellent broker, low rates, quick negotiations, very good support, several e-currencies.
All the best!
Highly recommended for accounts in excess of 2k. Unless this is a bit tricky considering that the minimum lot is 0.10. For accounts of 500 for example ... the risk is very large errors in the case of leveraged trades a little higher.
Other than that .... is an excellent broker. Highly recommended. : o)


Michele

July 30, 2011



24 Total
12 live with this Broker
1


stay a way from this broker. they are market market. You will loss a lot money. Trust me. Beware with this broker. They cheating so much. Finally I Closed my Account and choose another broker.
Find STP broker or ECN broker.


Germany, Claus

June 28, 2011



about 5 years Total
about year with this Broker
3


No slippage, good conditions, a lot of currency pairs, - one of the best MT4 brokers..
BUT: initial deposit more then $500, rather difficult registration, rare Promo and Bonuses...

totaly: not bad, if you are not a beginner.


Danny, Italy and Cyprus

April 6, 2011



15 years Total
1 years with this Broker
1


I was an introducing broker of FXPRO.
They terminated me the agreement without to pay commissions, marking us of "bad faith", just becase we was not so aggressive to introduce customers.
We complained for 6 weeks via email and they have a wall of arrogance and they do not answer to our claims.
The contract is in our favour and we should get paid commissions, but they just ignore and consider the matter
closed and they just do not want to pay commissions.
I was very scared of what happened because as IB I knew that FXPRO was a market maker and you should be carefull and quit an account as happen things like everybody knows, like cheating you account with techniques well knows. I usually explain to customers which risk there are to open accounts with brokers like FXPRO and I open only accounnts willing to risk those terms. And they are fine with that, me too.

Now the problem is that if a broker cheat his same IB in this way, you can trust it anymore and scare you a lot because you think that if they are able to cheat a their partner immagine which consideration and what could deserve a their customer, the owner of the account with 1000, 5000, 10000 and more they hope will be lost with the 500:1 levarage.

I immediatelly so asked financials of the company to verify that they was not in a bad financial conditions and willing to cheat everybody to collect more money possible. They refused. I will get those soon as I want from a Cyprus accountant, I'm waiting to do so after the Cysec local regulator answers.

Stay away from FX PRO at least till I will not update you about my case at Cysec.

I please you to report the cheatings of FXPRO as Introducing Broker or customer to me
at my email kartini2@gmail.com

doesn't matter if the cheating was just 1 euro or 100 eur, each cheating should be reported to regulators and I will help to do so.
Who wants to sue FXPRO with me to a court, can do it, just stay in touch.
I'm resident in Nicosia Cyprus and willing to go deep in the case and stop abuses and unethical practice of FXPRO.

This is a genuine post and we have all the proofs of what we are saying.

Best regards and please choose an ECN broker


Robert

December 3, 2010



6 years Total
3 months with this Broker
1


Massive layoffs (almost a third of employees) and one of the top managers walking.
Doesn't sound like a healthy company to me.

Dead FxPro Walking


kelvin

July 1, 2010



5+ years Total
1 year with this Broker
4


I have no problem recommending them on the basis that they made the process to sign up easy, funding was a breeze, withdrawal was not questioned and prompt and trading conditions were what I consider normal for any MT4 broker.


LEX GERMANY

March 8, 2010



5 years live Total
3 years with this Broker
2


FXPRO IS NOT YOUR FRIEND :: WHEN U DEALING WITH THE CUSTOMER SERVICE AND HAVE QUESTIONS OR ANYTHING THEY HELP YOU VERY FRIENDLY :: BUT WHEN U TALK TO DEALING DESK OR HAVE ANY COMPLIANCE YOU ARE SCREWED: LIKE THE OTHER PEOPLE SAID :: WHEN U TRADE AGGRESSIVE YOU LOSE EVERYTHING :: AND WHEN YOU IMPROVE YOUR WHOLE TRADING STYLE THEY START SENDING YOU FALSE PRICE QUOTES AND CHEAT YOU :: SO TRADING IN MY VIEW IS A REAL PAIN WITH THEM ::: I WENT TO A REAL ECN BROKER
DONT BE IMPRESSED BY THE DEPOSIT AND WITHDRAWL METHODS

IT WONT HELP YOU MR: TRADER

THEY ONLY ALLOW 0.1 TRADING AND FOR PEOPLE BELOW 5K ITS NOT GOOD AND WHEN U REALLY INVEST OVER 5k GO WITH A BROKER OF QUALITY AND DONT BE GREEDY WITH THE 30 $ WIRE FEES THIS GENERALLY TAKES

GOOD LUCk


David, London

February 10, 2010



5 years Total
1 month Demo with this Broker
2


I was told from an experienced friend that traded with them before joining another broker that they are only good in promoting and advertising their company. What they promise they never deliver. They are for quick money.........


Jay, New Zealand

October 21, 2009



5 years Total
1 year with this Broker


Don't go with FxPro if you plan to trade a 'bigger' account. From $10,000 up execution becomes slower, for some strange reason the datastream starts lagging and support starts developing an attitude. FxPro needs your money for their CNBC commercials, but if you want to trade forex like a pro, avoid fxpro.


Mike, Cyprus

August 21, 2009



6 years Total
7 months Live with this Broker
3


Let's don't forget that FxPro is a market maker, and like any market maker they will know who, when and what is doing. If you start to be aggressive on entries and exits with quick profits, or attempt news trading (although I doubt you can successfully do it with any market maker) you are asking for a trouble - manual execution.
FxPro will delays and requote any trading order when needed, but it's been bearable till now.
Another trouble for those who don't read carefully - minimum stop distance. Currently 5 pips for EURUSD and GBPUSD, but if you get something like AUDCAD it jumps to 15 pips...

Practice before going live.