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Experiences with FxPro

  • #141
  • Edited 8:22am Dec 16, 2011 7:49am | Edited 8:22am
Is it just me or is this fxpro changing candle sticks to cheat and fool people? I have been with them for 2 year and had a lot of bad experience like the terminal freezing and price error during high volatility, but the video shown below just take the piss.

Inserted Video


I contacted them about it and this was their excuse
Quote
Please note that although demo accounts present real market prices and as far as possible market conditions, they are simulations only, predominantly used as a learning tool for inexperienced investors or for testing new trading strategies. During highly volatile or illiquid periods (market openings, news announcements, e.t.c.) demo accounts may not behave in the same manner as a real accounts. Similar trades requested on real and demo accounts maybe treated differently during such periods.
. No mention about about the real account candle stick, which makes me thing they done it on purpose.

I checked the bar today and they have changed it, http://imageshack.us/photo/my-images/37/fxprocheat.jpg/. Do they have the right to change bar when ever they feel like it?
  • #142
  • Dec 16, 2011 9:27am Dec 16, 2011 9:27am
Quoting aelsha
Is it just me or is this fxpro changing candle sticks to cheat and fool people? I have been with them for 2 year and had a lot of bad experience like the terminal freezing and price error during high volatility, but the video shown below just take the piss.

http://www.youtube.com/watch?v=Th_MdDkMtac

I contacted them about it and this was their excuse . No mention about about the real account candle stick, which makes me thing they done it on purpose.

I checked the bar today and they have changed it, http://imageshack.us/photo/my-images/37/fxprocheat.jpg/....
Did you try to find out why it so?
And what was the date?
  • #143
  • Dec 16, 2011 9:30am Dec 16, 2011 9:30am
Quoting Num
Did you try to find out why it so?
And what was the date?
Yes i did, this is what they said
Quote
Please note that although demo accounts present real market prices and as far as possible market conditions, they are simulations only, predominantly used as a learning tool for inexperienced investors or for testing new trading strategies. During highly volatile or illiquid periods (market openings, news announcements, e.t.c.) demo accounts may not behave in the same manner as a real accounts. Similar trades requested on real and demo accounts maybe treated differently during such periods.
Quote
In any case there is an issue with the pricing on the REAL server this is rectified at the soonest opportunity. We cannot comment on other companies pricing, we obtain our pricing from various liquidity providers to ensure the best price is obtained.

If you have any such issues with charting on the REAL account please let me know and i will be sure to have this rectified if incorrect.

As a fully regulated broker we do not intentionally alter any prices or candles for our benefit or any one else's, we always strive to ensure our clients have...
I responded with this question "If you cant cannot comment on other companies pricing, why have you changed the candle bar to what it should be? Why not leave as it was?" They haven't written back, im not expecting them to.

I recorded the video on 14 ‎December ‎2011 and took the picture today.
  • #144
  • Edited 6:02am Dec 18, 2011 3:27am | Edited 6:02am
Please you`ve gotta take a look at it.
This is real account. Not demo account.
Attached File(s)
File Type: xls FXPro-USDCHF.xls   82 KB | 730 downloads
  • #145
  • Dec 18, 2011 6:55am Dec 18, 2011 6:55am
Quoting entheos
Please you`ve gotta take a look at it.
This is real account. Not demo account.
you do not get the picture!

do not you understand that they need your money

..........to sponsor monaco grand prix?!

to attract more traders like you (nothing personal)
  • #146
  • Dec 18, 2011 7:04am Dec 18, 2011 7:04am
Quoting alstural
you do not get the picture!

do not you understand that they need your money

..........to sponsor monaco grand prix?!

to attract more traders like you (nothing personal)
alstural
Thank you for your reply.
Could you tell me more about it?
What is sponsor monaco grand prix?
Bye.
  • #147
  • Dec 18, 2011 7:10am Dec 18, 2011 7:10am
Quoting entheos
alstural
Thank you for your reply.
Could you tell me more about it?
What is sponsor monaco grand prix?
Bye.
http://www.trade2win.com/boards/fore...xpro-scam.html
  • #148
  • Dec 18, 2011 8:24am Dec 18, 2011 8:24am
Quoting alstural
http://www.trade2win.com/boards/fore...xpro-scam.html
OK.
Thank you for your reply.
YES.
ALL retail brokers are SCAM.
YES.
We are PUSHOVER.
Who is your broker?
Who pleases you best?
Bye.
  • #149
  • Dec 18, 2011 8:42am Dec 18, 2011 8:42am
Quoting entheos
OK.
Thank you for your reply.
YES.
ALL retail brokers are SCAM.
YES.
We are PUSHOVER.
Who is your broker?
Who pleases you best?
Bye.
every broker takes more than it says in adverts

slippage plateform freeze and so on

one should count on cost per lot no less than 2 pips

my interest after long search

finfx

pepperstone

whselfinvest

fxflat
  • #150
  • Dec 18, 2011 11:57am Dec 18, 2011 11:57am
Quoting alstural
every broker takes more than it says in adverts

slippage plateform freeze and so on

one should count on cost per lot no less than 2 pips

my interest after long search

finfx

pepperstone

whselfinvest

fxflat
whselfinvest is introducing broker of GFT.
  • #151
  • Edited 2:11pm Dec 18, 2011 12:56pm | Edited 2:11pm
Quoting jagui
whselfinvest is introducing broker of GFT.
yes but this does not make it necessarily bad


eur/usd 1.8-1.9 (not great for scalping)

but good regulation funds insured

cfd dow/ftse/dax 1 pip spread plus 6 euros commission

some platform freeze newstime /sometimes requotes in "fast" markets

but otherwise stable quick and reliable

well regarded in europe

and rated much higher than igindex and alikes by european financial magasines

probably not the greatest broker but overall certainly good

it's direct competitor fxflat is almost identical

but only 500 to open and flexible leverage up to 1/400

did not try it myself and wud like to get an opinion

of those who have live accts


both brokers offered mt4 recently as well



as for forex scalping

pepperstone is regulated and good spreads

but some questions about execution

finfx looks very promising with it's retail ecn 0.6-0.8 pip

low commission and rebates plus integral liquidity

but not regulated/audited and accts are segregated only "relatively"

gonna try this broker soon anyway
  • #152
  • Dec 18, 2011 3:21pm Dec 18, 2011 3:21pm
Quoting alstural
every broker takes more than it says in adverts

slippage plateform freeze and so on

one should count on cost per lot no less than 2 pips

my interest after long search

finfx

pepperstone

whselfinvest

fxflat

Do you know Divisa Capital or Divisafx?
This broker is best DMA MT4 broker.
http://www.divisafx.com/.
  • #153
  • Dec 18, 2011 5:44pm Dec 18, 2011 5:44pm
Quoting alstural
yes but this does not make it necessarily bad
GFT is a market maker, so it is better to avoid it, as with every MM.
  • #154
  • Dec 18, 2011 5:45pm Dec 18, 2011 5:45pm
Quoting entheos
Do you know Divisa Capital or Divisafx?
This broker is best DMA MT4 broker.
http://www.divisafx.com/.
Very good broker.
The negative point is that they offer only usd accounts.
  • #155
  • Dec 18, 2011 9:07pm Dec 18, 2011 9:07pm
Quoting jagui
Very good broker.
The negative point is that they offer only usd accounts.
on the surface things look good but i do not trust it at all

at first i was charmed but when looked closer.........

caution!

check other forums and you'll understand why
  • #156
  • Dec 24, 2011 10:41am Dec 24, 2011 10:41am
Hi all,

I am a new member in the fx market, so i have not known how to withdraw money from my account at fxpro with a reasonable fee. Last week, i made a withdrawal via bank transfer and have been charged roughly 20%, how could it be? I do not know about the fee structure when withdrawing via bank transfer. is there any nice one help me to know about these fee and guide me to withdraw with reasonable fee?
thank you very much...
  • #157
  • Dec 24, 2011 11:54am Dec 24, 2011 11:54am
Quoting soncanh
Hi all,

I am a new member in the fx market, so i have not known how to withdraw money from my account at fxpro with a reasonable fee. Last week, i made a withdrawal via bank transfer and have been charged roughly 20%, how could it be? I do not know about the fee structure when withdrawing via bank transfer. is there any nice one help me to know about these fee and guide me to withdraw with reasonable fee?
thank you very much...
Your bank is screwing you big time. FxPro has NO charges for withdrawals.
I have been withdrawing from FxPRO regularly. I had some other issues with them but in terms of withdrawing they are very fast and free (sometimes I had withdrawn in the morning, got approval in 2 hrs and the money in the bank next day but usually the money appears in 2-3 days).
  • #158
  • Dec 24, 2011 12:20pm Dec 24, 2011 12:20pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting soncanh
Hi all,

I am a new member in the fx market, so i have not known how to withdraw money from my account at fxpro with a reasonable fee. Last week, i made a withdrawal via bank transfer and have been charged roughly 20%, how could it be? I do not know about the fee structure when withdrawing via bank transfer. is there any nice one help me to know about these fee and guide me to withdraw with reasonable fee?
thank you very much...

Seems you withdrawed only some hundred bucks, than 20% would make sense. I pay always a fee of 40-50 $ per withdrawal. No free lunch with banks. Just wait next time til you have 10.000 $ for a withdrawal, than you gonna pay only 0,5 % fee.
  • #159
  • Dec 24, 2011 4:48pm Dec 24, 2011 4:48pm
Quoting onu
Seems you withdrawed only some hundred bucks, than 20% would make sense. I pay always a fee of 40-50 $ per withdrawal. No free lunch with banks. Just wait next time til you have 10.000 $ for a withdrawal, than you gonna pay only 0,5 % fee.
Depends where you live with bank charges, in the UK there are no fees for funds coming into the account as long as they are in GBP.
  • #160
  • Edited 9:33pm Jan 8, 2012 10:35am | Edited 9:33pm
  •  duca
  • | Joined Dec 2011 | Status: Investing is simple, but not easy | 409 Posts

do you call a double requote
1 prices not valid,
2 and requote
on wally open every day it is impossible to trade

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