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FxPro
There is a reason why 1.8 million trading accounts are opened with FxPro in 170+ countries. To date, 445 million clients’ orders have been executed with No Dealing Desk intervention, with most of them being within less than 14 milliseconds. The company is closely regulated by various bodies, including CySEC, FCA, FSCA and SCB. This ensures that traders' deposits are safeguarded from non-market risks.
FxPro offers 2100+ instruments of 7 asset classes including Forex and CFDs on Shares, Indices, Energies, Metals, Futures & *Cryptos. Platforms available include the native FxPro platform, MT5 & cTrader, as well as Spreadbetting (for UK clients) on the branded FxPro Edge. Also, clients are provided with several mobile applications that are distinguished by a high level of personal data security and convenient account management.
*Crypto CFDs are not available to retail clients of FxPro UK
FxPro
Overall
fxPro is my first broker and I have been spending with them more than one year. Five month ago I would probably claim they were very good broker, reliable and quick, but times are changing a lot.
Period 1- good times
I was a newby (of course, I have been still a newby). My account obviously merged to red numbers. But I experienced nearly no requotes and very short delays for instant orders, even during high volatility times, like the flash crash. I experienced pending orders to be filled exactly at the price I ordered, and if there was a gap, I got the price in the middle of gap.
With this knowledge it was possible to turn my red numbers back into the black and the equity curve started like a rocket.
Period 2 - scam times
Suddenly the execution time of instant orders has been increased to at least 5 seconds (I have a record of 70 seconds), regardless of condition in the market. I was not able to enter the market with instant order, even in the very quiet market, unless I allowed slip at least 3 pips. Every time I got the worst tick price within the waiting interval and I never ever got a positive slippage. And when I was trying to close the order, the story repeated.
If the price moved in my favour during the interval, i.e there was no worse tick I could have bought, the requote appeared. The same if the worst tick was further then the allowed 3 pips.
Pending orders became very dangerous for trading the news. If the order appeared in a gap, the order did not activate until the next 15 ticks (my best guess), and then the worst tick price was chosen.
If there was a second gap within those 15 ticks, the count seemed to be restarted. If the price made a U-turn after the gap and crossed your pending order in the other way round, you got filled immediately.
Since September I am not able to make money with them any more and I realized, that I spent more time on investigating and documenting the fxPro mt4 behaviour then on market analysis.
Overall
FxPro is one of the most decent guys out there. i am surprised to see all those "stop hunting" exclamations. no freaking way. 8.5/10 definitely.
Overall
I use the FXPRO broker, about re-quotes its quite common with 5digit brokerages as price move fast in these type, so you have to set deviation to 2pips so u dont get requote. Withdrawals are okay, i get paypal in 1hour of request. The only problem is they do not support microlots which is common in every brokers.
Overall
I love this broker even sometimes I get some re-quotes. I still can manage making good money especially during US time session. I believe that some time pending orders are best to use instead of market order because of the fast movement of the market price.
Looking forward to hearing more opinions about this broker.
Best wishes,
Scarface
Overall
Have to disagree with these reviews, sorry.
been with FXPro for a while now, they're useless during the Asian session and they are requoting me I would say two to three times a week. Generally when there is a strong movement on my breakout strategy, so I'm missing trades that would have gone on to win. Finally decided to make the switch and have opened an account with MB Trading for the EA that I use on FX Pro.
Overall
A very good broker ,tight spreads .very good customer service , instant opening and deposit .I hadn't re-quotes problems or stop chasing problems .I'm very satisfied .
Overall
No problems so far with FXPRO. I think they're the best!
Overall
I am new with fxpro and i am satisfied with their service till now.execution is fast and not a shit like fxopen i use ,the dirtiest broker i ever experienced.
Overall
The best broker ever,have been with them for almost a year,execution superb,spreads don't widen during news release,good customer service,instant deposits...if you must trade forex,trade with fxpro.com😄
Overall
nice spreads, goot platform BUT
crap broker, chasing stops (i have charts for those who don't beleive) ...poor community... DEMO definitely different from live
Overall
The "No connection" doesn't seem to apply for Live accounts. Furthermore, the price feed seems to be better on the Live accounts. For example, sometimes, there is no price movement during certain times (for example, 06-07 PM & 03-05 AM, GMT) at the Demo accounts, while there actually is a price movement on the Live accounts (the price movement is very small though).
I was a bit skeptical towards using FxPro after trying their Demo account for some months with frequent "No connection" messages; however, I was positively surprised that this didn't occur on the Live account.
Overall
very bad order execution, it seems like whenever you want to open/close your order for a good price they give you "no connection " message. After a while the price moves against you and you get filled. What's the point of 1 pip spread if one has to wait for two or three pips to get filled? This is on demo account, but I think this is the same data feed for real accounts.
Overall
this is very good info for me. thanks guys for all yr comments and feedbacks. i'm planning to use fxpro as my broker and the info i ve got here is invaluable.
Overall
I have been trading with them since october 2008. Very happy with their spreads. And yes during Asian session the spread not really small but not a problem for me as most of the time i only trade London and New York Session. A good broker to go with.
Overall
yes dont trade news there and Dont trade asian .,.. they are horrible that times ..
although im partner with them for long time now and they seem very reliable and good conditions und europe trading
0.6 spread eur / usd and 3 pips aud / jpy
will buy my lamborghini very soon
Overall
Agree with Mike. On Server Real 1 it takes a while for executing orders, but Real 2 is faster, don't know if it is the same with everyone.
Overall
Great platform and customer service, however the execution sometimes couldn't be worse. Get a lot of invalid prices or the order just hangs for seconds before being executed. Would not recommend for trading news.
