seems like something very serious is going on at fxpro. I did a withdrawal from my account on the 30th of april 2014 and till date my funds have not arrived my bank account after the withdrawal was approved and funds deducted from my account. I got in contact with them earlier today to ask for a swift copy if really they did a transfer and i got a funny mail telling mail wasnt going through. Going to their website now and their website is out and unreachable!!!!!
WHAT IS GOING ON IN FXPRO??????
seems like something very serious is going on at fxpro. I did a withdrawal from my account on the 30th of april 2014 and till date my funds have not arrived my bank account after the withdrawal was approved and funds deducted from my account. I got in contact with them earlier today to ask for a swift copy if really they did a transfer and i got a funny mail telling mail wasnt going through. Going to their website now and their website is out and unreachable!!!!! WHAT IS GOING ON IN FXPRO??????
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Their web page is available. Maybe something wrong with your internet provider? also, did you consider that EU had a bunch of holidays last week?
{quote} Their web page is available. Maybe something wrong with your internet provider? also, did you consider that EU had a bunch of holidays last week?
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I spoke too early, May 1st was bank holiday in cyprus and yesterday was bank holiday in UK. I just received an alert that my fund's in my bank account. I was used to receiving my withdrawals from them on the same day and when their website was down, that freaked me out.
{quote} I spoke too early, May 1st was bank holiday in cyprus and yesterday was bank holiday in UK. I just received an alert that my fund's in my bank account. I was used to receiving my withdrawals from them on the same day and when their website was down, that freaked me out.
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So another words you got your panties in a twist that they didn't deposit your money quick smart and cried scam!
{quote} I spoke too early, May 1st was bank holiday in cyprus and yesterday was bank holiday in UK. I just received an alert that my fund's in my bank account. I was used to receiving my withdrawals from them on the same day and when their website was down, that freaked me out.
{quote} Yes they do, since 3 years with their ECN platform {quote} Cause they actually provide true ECN accounts. cTrader platform and Traiana trade processing, with book and commissions
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.
Learn to Trade is Important. Keep your bias & ego aside.
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...
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I also share similar experience. Ive withdrawn over 300% of my initial opening balance and the funds always hit my bank account either same day or at most the next day. the little hitch i had was not fxpro's fault but the bank holidays over that week. fxpro is a decent broker
I have been trading with a demo account now for over a year. The first 6 months I traded very instable and without any structure. And i frequently lost "my" money. So I hade to start allover. So after this 6 months I said to myself. I´m doing something fundamentally wrong here with my trading. I felt like a small bird, flapping his wings like crasy. I wanted to feel like a eagle, more like gliding than flapping like crasy. So... I started to read, and read a lot. Now I feel more comfortable, especially physiological, and how to handle leverage according to my account size, money management etc. The most difficult thing this last 6 months was to think in term, "How much am I willing to risk?". It was a very difficult to handle. My previous trading didnt handle this types of question. I hade been in a diffrent state of mind. Before I didnt want to lose any "money". So I moved my Stop Loss and some times I enter a trade without stop loss. Know this 6 months that has passed has teached me a lot, thinking in probability and risk.
So I have had a demo account on Dukascopy and right know I am on Saxo bank. But Iam begining to feel a, to be honest a bit afraid. I read all of this bad reviews of shady brokers and it leaves me with doubt. Is there any honest broker out there? I had some problems with Saxo bank and Dukascopy and this is only on a demo account. I wonder if it would be worse if I have a live account?
Hello! I have been trading with a demo account now for over a year. The first 6 months I traded very instable and without any structure. And i frequently lost "my" money. So I hade to start allover. So after this 6 months I said to myself. I´m doing something fundamentally wrong here with my trading. I felt like a small bird, flapping his wings like crasy. I wanted to feel like a eagle, more like gliding than flapping like crasy. So... I started to read, and read a lot. Now I feel more comfortable, especially physiological, and how to handle leverage...
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FxPro and DukasCopy is ones greats broker, not like FxPro, verification account method on Dukascopy very hard because they are a bank.
I think SaxoBank not for professional trader, because if you made big profit your account would be suspended.
I only have a demo MT4 account with FxPro, but if it is anything like their real account I would be very hesitant to open a real account with them. Two things that immediately stand out to me on their demo MT4 platform is how they calculate required margin and how they credit/debit swap...
1) Required Margin seems to be calculated off the total position value (sort of like an average) and not the standard formula which uses CURRENT PRICE multiplied by total position size. This might not appear to be a big difference at a glance, but believe me it can be a huge difference depending on how you trade. Without going into too much detail, on a whole, this benefits the broker over the majority of traders since the majority of traders are inexperienced and have a similar psychology.
2) Swap credit/debit method... Another quirky way of influencing the majority of inexperienced trader's actions to the brokers benefit by playing on the psychology of these traders. By not crediting/debiting swaps from the realized balance and instead applying it to unrealized balance, inexperienced traders are more likely to close a positive swap gaining position sooner and leaving a negative swap position longer. In the grand scheme of things, the broker stands to benefit from this.
Again, I only have a demo account and can't say for certain if is the same as a real account, but it leads me to believe they are the same. Why would these be different from demo to real?
Hello! I have been trading with a demo account now for over a year. The first 6 months I traded very instable and without any structure. And i frequently lost "my" money. So I hade to start allover. So after this 6 months I said to myself. I´m doing something fundamentally wrong here with my trading. I felt like a small bird, flapping his wings like crasy. I wanted to feel like a eagle, more like gliding than flapping like crasy. So... I started to read, and read a lot. Now I feel more comfortable, especially physiological, and how to handle leverage...
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I recommend ADMIRAL MARKETS. I use no problems so far. My first profit withdraw was in account next day. Good luck!
