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Experiences with FxPro

  • #1,001
  • Nov 30, 2016 2:36pm Nov 30, 2016 2:36pm
@Sajuli

Thank you for your thoughts


but please let FXPro answer


BTW . The question is not whats a Force Majeures event (you can read this in 12.2 Further details read the Force Majeure Event is available in the Client Agreement (http://www.fxpro.de/trading/products/legal).) but what will happen in this case with the negative balance protection basis; this means that you cannot lose more than your initial investment.
Newbies be warned of emmanuel7788. Hes not true.
  • #1,002
  • Dec 1, 2016 11:14am Dec 1, 2016 11:14am
Quoting magicpips
I have transferred large amount of money on my account and today still not in the account, I am on minus in mya account are you guys playing game thinking i might have a margin call and not adding the money in my account?
have you got your money in your account?
  • #1,003
  • Dec 16, 2016 2:07am Dec 16, 2016 2:07am
Iam already one year with FxPro and i was doing well till few months ago..i mean very very well. Ok, some times i was trading overleveraged making big profits, but never experienced unacceptable slippage or requotes. The only problem was the big spead widening during friday close, most of the times 20, 50 or even 100 pips (maybe the entire move of the day)! One day, on ctrader market execution account, i was filled with a medium size order with almoast 60 pips requote just 3 seconds before friday close..plus a 30 pips spread widening. It have a big negative psycological impact on me and my only thought those days was the revenge. So i lost everything. Even my trust on broker. Still now, i do not understand their model of order processing.
  • #1,004
  • Dec 16, 2016 12:23pm Dec 16, 2016 12:23pm
Quoting anlod
Iam already one year with FxPro and i was doing well till few months ago..i mean very very well. Ok, some times i was trading overleveraged making big profits, but never experienced unacceptable slippage or requotes. The only problem was the big spead widening during friday close, most of the times 20, 50 or even 100 pips (maybe the entire move of the day)! One day, on ctrader market execution account, i was filled with a medium size order with almoast 60 pips requote just 3 seconds before friday close..plus a 30 pips spread widening. It have a...
Do you trade news?
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 12.0%
  • #1,005
  • Dec 17, 2016 11:41am Dec 17, 2016 11:41am
Currently use FxPro and have withdrawn profits without any issue. Did get some very severe slippage when I stupidly tried some news trading, but that's to be expected from any broker. And yes, they do offer high leverage, but you really shouldn't be using it unless your trading is guaranteed to have a 100% win rate
  • #1,006
  • Dec 19, 2016 12:33am Dec 19, 2016 12:33am
Quoting 9jatrader
{quote} Do you trade news?
Sometime yes..but this isn.t the case. I was just b-booked and they expected me very patiently to make a first big mistake
  • #1,007
  • Dec 19, 2016 1:01am Dec 19, 2016 1:01am
Even great broker can't guarantee you of your SL protection during high volatility. I know a great Australian broker who would always advice traders against news trading. It may not always be brokers. Almost all I know who don't trade the news say they're happy with the broker, whereas those who still trade news complain about the broker.
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: 12.0%
  • #1,008
  • Dec 19, 2016 4:39am Dec 19, 2016 4:39am
I will vouch for Fxpro for their honesty. I know the spread is not that competitive. But withdrawal was never an issue, at least to me. The execution was smooth. Not much issue during news release.

Fast withdrawal, I withdraw and deposit over 6 figures to date, all having no issues.

The only issue was last week when they have issue with login to manage my fund as their portal was down, it was quite troubling as I urgently need to manage fund. But this problem is a rare risk as its occur once since I trade with them for near a year.

I not fxpro representative or whatever, I just a customer who have 8 mt4 accounts with them.
Deaf, bad english.
  • #1,009
  • Dec 19, 2016 6:46am Dec 19, 2016 6:46am
if u want high leverage then open account in exness.
  • #1,010
  • Dec 23, 2016 1:44pm Dec 23, 2016 1:44pm
What's the minimum for them? Can you tell the best broker in terms of spreads?
  • #1,011
  • Dec 23, 2016 2:42pm Dec 23, 2016 2:42pm
It depends on what currency pairs are traded during news releases. With every broker.
  • #1,012
  • Jan 5, 2017 11:35am Jan 5, 2017 11:35am
Quoting Lianna@FxPro
{quote} Dear ForMeFact0ry, The MT4 app we use is the Metaquotes application, and we do not have any reported issues with it. Could you perhaps send me a PM with more details regarding this issue you experienced and I can look into this more for you? Thank you, Kind regards, Lianna
On another note, does FxPro have any plans regarding the offering of a FIX API connection anytime soon?

Thanks.
  • #1,013
  • Jan 18, 2017 1:44pm Jan 18, 2017 1:44pm
At the moment I have an open case with FxPro regarding some funds they have "approved" for withdrawal but for "some" reason I have not yet received them....

If it would be the case that I don't receive them in the timeframe I should, I will update this thread so the Forex Factory community is aware of it....and I will -OF COURSE!!- alert the proper institutions, and that will also be documented here in detail.

If I receive the funds in a timely manner, I will also let you know of course....no need to pound on a broker that is doing the right thing.

At this moment this is where we stand, I have called my bank and they have not seen the funds come in, FxPro said they already sent them...

Let's see what happens.....
  • #1,014
  • Jan 19, 2017 3:08am Jan 19, 2017 3:08am
Quoting meyoik
At the moment I have an open case with FxPro regarding some funds they have "approved" for withdrawal but for "some" reason I have not yet received them.... If it would be the case that I don't receive them in the timeframe I should, I will update this thread so the Forex Factory community is aware of it....and I will -OF COURSE!!- alert the proper institutions, and that will also be documented here in detail. If I receive the funds in a timely manner, I will also let you know of course....no need to pound on a broker that is doing the...
FxPro took later than it normally did, but I have my funds in my account

Let's carry on trading
  • #1,015
  • Jan 23, 2017 1:58am Jan 23, 2017 1:58am
Hi everyone, we are just stepping in to clarify a few points.

Quoting PipsTorrent
{quote} On another note, does FxPro have any plans regarding the offering of a FIX API connection anytime soon? Thanks.
Every cTrader account has it's own FIX API. You can find your FIX credentials either in the menu item FIX API > Credentials.

Attached Image

Attached Image


It was one of the major features introduced in mid 2016.

Quoting anlod
Iam already one year with FxPro and i was doing well till few months ago..i mean very very well. Ok, some times i was trading overleveraged making big profits, but never experienced unacceptable slippage or requotes. The only problem was the big spead widening during friday close, most of the times 20, 50 or even 100 pips (maybe the entire move of the day)! One day, on ctrader market execution account, i was filled with a medium size order with almoast 60 pips requote just 3 seconds before friday close..plus a 30 pips spread widening. It have a...
cTrader doesn't give re-quotes. Your orders are filled using a volume weighted average price. The price and volume available for the price is always shown in the Standard Depth of Market indicator. Don't always expect your order to be filled at the Top of the Book price, sometimes there can only be 1 Lot available at that price, or even less.

Next time you are trading just a few seconds before close on a Friday, we suggest you take a look at the indicator to be sure that your order will be filled as you expect.

cTrader stores the market snapshot for every deal which is filled, so you can see exactly why you were filled the price you were.

Another thing to suggest if you are very keen to prevent this, is that you trade using a Market Range order. These are Limit orders which are sent at the market price. You can also specify the amount of slippage you are willing to accept on those orders.

Many thanks
cTrader Team
cTrader & cAlgo - The New Standards in FX Trading
  • #1,016
  • Jan 24, 2017 9:05am Jan 24, 2017 9:05am
Quoting cTrader
Hi everyone, we are just stepping in to clarify a few points. Every cTrader account has it's own FIX API. You can find your FIX credentials either in the menu item FIX API > Credentials. fix api.PNG;2150949 fix api cred.PNG;2150952 It was one of the major features introduced in mid 2016.
So this means trading with LPs directly via FIX API, using cTrader?

Thanks.
  • #1,017
  • Jan 24, 2017 9:09am Jan 24, 2017 9:09am
Quoting PipsTorrent
{quote} So this means trading with LPs directly via FIX API, but using cTrader? Thanks.
This means you are trading with brokers LP price feed. Instead of making your orders through the cTrader platform, which then communicates what you do with the server, you use FIX API to communicate directly with the server.

Hope that makes sense.
cTrader & cAlgo - The New Standards in FX Trading
  • #1,018
  • Jan 24, 2017 9:18am Jan 24, 2017 9:18am
sorry for the random question guys; but can anyone help me with the name of the language used in MT4 for creating robots?
  • #1,019
  • Jan 24, 2017 9:44am Jan 24, 2017 9:44am
Quoting luigy
sorry for the random question guys; but can anyone help me with the name of the language used in MT4 for creating robots?
https://docs.mql4.com/
  • #1,020
  • Edited Jan 27, 2017 2:36pm Jan 26, 2017 2:39pm | Edited Jan 27, 2017 2:36pm
Quoting cTrader
{quote} This means you are trading with brokers LP price feed. Instead of making your orders through the cTrader platform, which then communicates what you do with the server, you use FIX API to communicate directly with the server. Hope that makes sense.
I think Spotware needs to find a way to make this work with cTrader hedging accounts. Not many brokers offer netted ones. FxPro, for example, does not.
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