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Experiences with FxPro

  • #81
  • Apr 12, 2010 2:45pm Apr 12, 2010 2:45pm
Quoting ammar2000a70
I joint fxpro more than 2 years and have no problems except the reqoute during the fast market moves and that happens to most fx company.. they have very fast methode of withdraw using fxpro visa card which issued by helleink bank through fxpro and the withdraw takes only 30 to 60 minutes same day .. am very happy with them.

Mohd
Never heard of this card before, thank you for the info!

Quoting MoreYummy
How is the fee to withdraw cash on ATM with fxpro visa?
I've sent an mail to [email protected] asking for issuing costs, fees, application form, I'll update this thread with they're asnwer.

https://www.myfx.pro/kb/27/hl/withdrawal
  • #82
  • Apr 13, 2010 1:57am Apr 13, 2010 1:57am
Quoting MoreYummy
How is the fee to withdraw cash on ATM with fxpro visa?
hi

file attached include all charges for deposite and withdraw but those charges not by fpxro its by the bank card provider so fxpro didnt charge any things for that

best

mohd
Attached File(s)
File Type: zip HB(CS)080A Charges of Hellenic Bank Cards (EN) 11-08 INFSTELIOS.zip   20 KB | 811 downloads
  • #83
  • Apr 13, 2010 7:26am Apr 13, 2010 7:26am
This is the procedure to request the card and all the application forms required.

If you wish to take advantage of this great opportunity provided by FxPro, please follow the simple instructions below to complete your application.

Please find attached the following documents for your completion and authorisation:

• HB 697A (Your Personal Data and the H.B.Group)
• HB (CS) 80A (Table of Charges Applicable)
• HB (CS) 96A (Terms and Conditions of use of Card)
• HB (CS) 105A (Request for Card Alert via SMS service) *Optional*

The procedure for completing the application documents is as follows:

HB 697A. Please sign and date in both areas below of section E on back page and also please place initials on the front page in bottom corner.

HB (CS) 80A. Please place your initials on the both pages in the bottom corner.

HB (CS) 96A. Please place initials in bottom corner of page 1 as well as completing all the customer details on page 2.

HB (CS) 105A. Please complete all customer fields and all parameters which you will require an SMS alert ensuring you use your full number including country code. (We shall complete the card number box for you upon issuance)

Along with the application paperwork completed correctly we must also receive a copy of your passport clearly showing your signature and a proof of residence such as a bank statement or utility bill dated less than 4 weeks old

Please note that we cannot release any FxPro Visa Cards without first receiving the original documents by post, which will be kept by the bank for their records.
Post to:

FxPro Visa Card Department
FxPro Financial Services Limited
PO BOX 50289
Limassol 3603
Cyprus

Attached File(s)
File Type: pdf general information how to use the card.pdf   101 KB | 1,827 downloads
File Type: pdf HB697A.pdf   105 KB | 1,581 downloads
File Type: pdf HB(CS)080A Charges of Hellenic Bank Cards (EN) 11-08 INFSTELIOS.pdf   27 KB | 3,010 downloads
File Type: pdf HB(CS)96A.pdf   121 KB | 1,657 downloads
File Type: pdf HB(CS)105A.pdf   68 KB | 729 downloads
  • #84
  • Apr 13, 2010 7:36am Apr 13, 2010 7:36am
Cash withdrawal fee is good (2,50 EUR), but the "loading charge" is a bit expensive, 7 EUR.
  • #85
  • Jan 25, 2011 3:30am Jan 25, 2011 3:30am
I am very happy with FxPro. Best broker i've ever traded @
May the Force be with You
  • #86
  • Apr 5, 2011 1:19pm Apr 5, 2011 1:19pm
Hi,
If you compare FXPro vs DBfx which one is better? I think, DBfx's debiting cost of 30 euros is bit higher . FxPro has tighter spread compared to DBfx and also has mini-lots. But my observation are not too long term, so please share your experience.

One advantage I am seeing on DBfx is they are big therefor secure, and I do have one db account in germany so the transaction fees should be less as compare to FXPro ( which is in cypress ). I am a Mac user, and dbfx has one java station for Mac also ( Fxpro only has web based trading for mac, I don't know how much effective and secure it is)

Thanks in advace
  • #87
  • Edited 2:13am Sep 21, 2011 1:31am | Edited 2:13am
The following is another instance of
HOW brokers like FXPRO scam people. (Though Usually they swear of fair play like others.....advertising and shit)

With artificial price action like below, they stop hunt orders (probably with good profits) and even may be margin call'ing client accounts.
POSSIBILITIES are endless!

On 21st of Sept 2011 i.e today @ 0.02 AM server time, they threw in a spike of approx. 70 PIPS lower on USDCHF pair, which is in no WAY CONSISTENT with any other PRICE FEED like PROREALTIME or even other bucketshop MT4 brokers.
There was simply a <10 pip movement (approx 8.5 pips) on the same at that time on M1 Time frame.

Following are the screen shots of various time frames depicting the same:
Attached Image (click to enlarge)
Click to Enlarge Name: FXPRO STOPHUNTING.jpg Size: 49 KB


Attached Image (click to enlarge)
Click to Enlarge Name: FXPRO STOP HUNTING 1.jpg Size: 56 KB


Attached Image (click to enlarge)
Click to Enlarge Name: FXPRO STOP HUNTING 2.jpg Size: 69 KB





I wonder what do these scammers do when they are exposed about the same in courts / with other legal options /etc?
They may refund/place back the money.

But QUESTION IS ...
Will they open similar buy positions @ the level, one got stopped out due to spike ?
I don't think so (anybody with such experience?), which actually, literally means they are successful in what they want to do and prove themselves a BUCKET-SHOP!



P.S. I was not affected but one of my acquaintance was.
This type of stuff actually proves that all of these MT4 brokers out will ALWAYS scam (if not now..then later) ..just the frequency may be different!
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #88
  • Sep 21, 2011 3:14am Sep 21, 2011 3:14am
That spike wasn't broker manipulation mate!

Anyway, i'd be grateful if someone could give me an idea of what their real average EU and GU spreads are with FX Pro ECN.

Many thanks in advance.
  • #89
  • Sep 21, 2011 3:18am Sep 21, 2011 3:18am
These spikes occur because of bad liquidity. Welcome to the real market

About the ECN spreads, in my demo trading the go from 0.4 to 1.2. Really good spread
  • #90
  • Sep 21, 2011 3:22am Sep 21, 2011 3:22am
Quoting Trotty
That spike wasn't broker manipulation mate!
Better don't post if have no rational to backup.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #91
  • Sep 21, 2011 3:52am Sep 21, 2011 3:52am
Quoting forexsaint
Better don't post if have no rational to backup.
It wasn't just FXPro, if it was then you could call it broker manipulation quite a few people on this forum have mentioned having the spike and not all with fxpro. Alpari demo had the same spike not sure about live because I don't trade live with them, so it wasn't just fxpro.
  • #92
  • Sep 21, 2011 4:05am Sep 21, 2011 4:05am
Quoting ohammond
I... quite a few people on this forum have mentioned having the spike...
Any links?

Quoting ohammond
..... Alpari demo had the same spike not sure about live because I don't trade live with them, so it wasn't just fxpro.
Do Demo's be compared with live ones?
When there is quite a crap on live mt4 bucketshops, one doesn't need to think more about demo's. Some demo's don't have days of data altogether.

If illiquidity is their excuse to these games, they better shut their shop and rest. THEY Brag about morgan standey as main provider and credit suisse and many others as addon's & still provide spikes worth 80% of ATR of a pair
Well, that way, they can mint quite a money, every day, throwing in price danglers, in so called "ILLIQUID" times and scrapping orders off the servers.
Further, they have started ECN platform/feed too these days ..same crap?No. Then!
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #93
  • Sep 21, 2011 4:34am Sep 21, 2011 4:34am
Quoting forexsaint
Better don't post if have no rational to backup.
You didn't ask me if I had proof, I just told you the truth and you assumed I didn't.

I have 3 platforms I trade on, they all showed the same spike. What are you going to tell me? They're running a stop hunting cartel together?
  • #94
  • Sep 21, 2011 4:47am Sep 21, 2011 4:47am
Quoting Trotty
You didn't ask me if I had no proof, I just told you the truth.

I have 3 platforms I trade on, they all showed the same spike. What are you going to tell me? They're running a stop hunting cartel together?
There isn't any race to "i trade more brokers/platform" here.
I also trade/ have live accounts with 5 of them & also at a well known price feed. There wasn't any such spike at any of them except "ShitPro". It was also confirmed to me by the acquaintance who reported this all issue to me (as mentioned)

Issue here is not just stop-hunting or "this broker is after me" stuff
Issue here is, INCONSISTENT price action relative to others.
And if your answer is "IL-LIQUIDITY" just like another one, I have already posted my comments on that before.

The main POST was a "BE ALERT" Post (as mentioned) and definitely such brokers NEED mention!

Over n Out
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #95
  • Sep 21, 2011 8:45am Sep 21, 2011 8:45am
So if it is normal in all markets, which other providers have this same spike?
  • #96
  • Sep 21, 2011 11:29am Sep 21, 2011 11:29am
Quoting forexsaint
Any links?
http://www.forexfactory.com/showthre...54#post4973754
http://www.forexfactory.com/showthre...78#post4972978

Apparently this email was sent from GoMarkets as well.

Hi Guys,

A message is being sent to all clients through the MT4 platform, but I thought I would put it here as well.

Between 23:02 and 23:05 there was an erroneous price feed across all CHF pairs. This was caused by incorrect prices at bank level which affected many brokers.

All trades executed by these false prices will be rectified, but if you have any questions or positions that do not appear to have been sorted, please email [email protected].

Thanks,
Chris
  • #97
  • Sep 21, 2011 11:36am Sep 21, 2011 11:36am
Sorry missed another broker from the usd/chf thread fxcm had the same spike: http://www.forexfactory.com/showthre...61#post4973561
  • #98
  • Nov 3, 2011 1:24pm Nov 3, 2011 1:24pm
Quoting forexsaint
Any links?


Do Demo's be compared with live ones?
When there is quite a crap on live mt4 bucketshops, one doesn't need to think more about demo's. Some demo's don't have days of data altogether.

If illiquidity is their excuse to these games, they better shut their shop and rest. THEY Brag about morgan standey as main provider and credit suisse and many others as addon's & still provide spikes worth 80% of ATR of a pair
Well, that way, they can mint quite a money, every day, throwing in price danglers, in so called "ILLIQUID" times...
The banks provide liquidity on their ECN platform. MT4 is market maker. The spike was on loads of other brokers according to the forums. Ive been very happy with them overall.
  • #99
  • Nov 3, 2011 3:16pm Nov 3, 2011 3:16pm
Quoting ConsOr
The banks provide liquidity on their ECN platform. MT4 is market maker. The spike was on loads of other brokers according to the forums. Ive been very happy with them overall.
Do you use their ECN platform cTrader live? I'm currently demo'ing it and am very happy so far.

Whats your opinion when live, same as demo? if you use it.
  • #100
  • Nov 4, 2011 2:23pm Nov 4, 2011 2:23pm
Quoting GDR3k
Do you use their ECN platform cTrader live? I'm currently demo'ing it and am very happy so far.

Whats your opinion when live, same as demo? if you use it.
Same as demo so far. They need to add more currency pairs but no other complaints
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