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Experiences with FxPro

  • #881
  • Mar 24, 2016 2:34pm Mar 24, 2016 2:34pm
Quoting Camii
Good company. Itself trade in FX Pro. Withdrawn immediately.
Says the guy with 1 post.....
  • #882
  • Mar 24, 2016 2:48pm Mar 24, 2016 2:48pm
Quoting timos
{quote} Says the guy with 1 post.....
FxPro withdrawals are almost instant, even for amounts over 10k in GBP. You can be sure that I'm not getting paid for just saying the fact. They will not even ask you a question if you doubled your money in 5 minutes. This is from real experience with them.
  • #883
  • Mar 27, 2016 4:09pm Mar 27, 2016 4:09pm
Fxpro what's up with GBP USD @ asian open M5 here's the screenshot from live account cTrader?
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  • #884
  • Mar 27, 2016 4:11pm Mar 27, 2016 4:11pm
here's pepperstone live
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  • #885
  • Mar 28, 2016 4:12am Mar 28, 2016 4:12am
Dear asgcorp,

We would like to inform you that the FxPro cTrader platform always displays the prices and spreads provided to us by our LPs. The spike on GBPUSD was the result of low liquidity in the market.

In case you were trading this particular pair and your positions were affected, please do not hesitate to contact our Dealing Department directly at [email protected].

Kind regards,
FxPro Team
Trading CFDs involves significant risk of loss.
  • #886
  • Mar 28, 2016 4:41am Mar 28, 2016 4:41am
Quoting FxPro Global
Dear asgcorp, We would like to inform you that the FxPro cTrader platform always displays the prices and spreads provided to us by our LPs. The spike on GBPUSD was the result of low liquidity in the market. In case you were trading this particular pair and your positions were affected, please do not hesitate to contact our Dealing Department directly at [email protected]. Kind regards, FxPro Team
Who is you liquidity providers?
Bulls are stupid Animals!especially when Im short!
  • #887
  • Mar 28, 2016 5:26am Mar 28, 2016 5:26am
Dear FXPRO Team,,, what can of execution FXPRO provides? Is it ECN, STP, MarketMaker?
Thank you,
Depict history, predict future, and the area in between ...
  • #888
  • Mar 28, 2016 6:16am Mar 28, 2016 6:16am
Quoting roughtrader
{quote} Who is you liquidity providers?
Dear roughtrader,

FxPro offers deep liquidity from top-tier liquidity providers.
Please note that we do not disclose specific details about our LPs.

Kind regards,
FxPro Team
Trading CFDs involves significant risk of loss.
  • #889
  • Mar 28, 2016 6:27am Mar 28, 2016 6:27am
Quoting Al-Agha
Dear FXPRO Team,,, what can of execution FXPRO provides? Is it ECN, STP, MarketMaker? Thank you,

Dear Al-Agha

FxPro offers trade execution with no dealing desk intervention. Due to the volume traded by our clients we are able to internally match a great deal of our order flow while not intervening in any way, and excess exposure is hedged externally.

You can find more information about our model of execution here:
http://www.fxpro.co.uk/trading

Kind regards,
FxPro Team
Trading CFDs involves significant risk of loss.
  • #890
  • Mar 28, 2016 8:10am Mar 28, 2016 8:10am
Quoting FxPro Global
{quote} Dear Al-Agha FxPro offers trade execution with no dealing desk intervention. Due to the volume traded by our clients we are able to internally match a great deal of our order flow while not intervening in any way, and excess exposure is hedged externally. You can find more information about our model of execution here: http://www.fxpro.co.uk/trading Kind regards, FxPro Team
THat makes you a market maker too, right?
Depict history, predict future, and the area in between ...
  • #891
  • Mar 28, 2016 8:31am Mar 28, 2016 8:31am
Quoting Al-Agha
{quote} THat makes you a market maker too, right?
More like an exchange...they match orders, LMAX style.Nothing bad with this model at all.
  • #892
  • Mar 28, 2016 10:40am Mar 28, 2016 10:40am
Quoting Al-Agha
{quote} THat makes you a market maker too, right?
Dear Al-Agha,

We employ a No Dealing Desk model, where all the trades are executed automatically, without Dealer's intervention. Post execution, the trades are matched, and then the total exposure is hedged in the market with our LPs.

This model gave us the possibility to pass on the benefits to the clients by decreasing the spreads and commissions, while the clients still enjoy the same quality and fairness of execution. Please check the execution statistics here:

- http://www.fxpro.co.uk/group/media/n...cs-for-q4-2015
- http://www.fxpro.co.uk/group/media/n...ion-statistics
- http://www.fxpro.co.uk/group/media/n...ncy-initiative
- http://www.fxpro.co.uk/group/media/n...d-transparency
- http://www.fxpro.co.uk/group/media/n...des-by-104-yoy

Shall you have any more questions, please do not hesitate to contact us,

Kind regards,

FxPro Team
Trading CFDs involves significant risk of loss.
  • #893
  • Apr 3, 2016 1:29pm Apr 3, 2016 1:29pm
Hello FxPro,

2 questions:


1) For someone in a EUR country with a FxPro EUR (FCA) account, what are the transaction costs that your banks charge for deposits and withdrawals from and to a EUR trading account? (I've tried this question with support, chat, etc....never got a straight answer, hopefully here...)

2) For the above example, which of the banks you offer is the best for EUR accounts?

Thanks!
  • #894
  • Apr 4, 2016 3:47am Apr 4, 2016 3:47am
Quoting meyoik
Hello FxPro, 2 questions: 1) For someone in a EUR country with a FxPro EUR (FCA) account, what are the transaction costs that your banks charge for deposits and withdrawals from and to a EUR trading account? (I've tried this question with support, chat, etc....never got a straight answer, hopefully here...) 2) For the above example, which of the banks you offer is the best for EUR accounts? Thanks!

Dear meyoik,

If you are making a SEPA transfer you may incur a small fee depending on whether your bank charges for SEPA transfers. If not, this type of transfer to us would be free of charge, and you would not incur any fees when making withdrawals via SEPA. We accept SEPA transfers from any European bank that allows this.

If you wish to make SEPA transfers, please make sure that you select EURO as your FxPro Vault currency when opening an account.

Kind regards,
FxPro Team
Trading CFDs involves significant risk of loss.
  • #895
  • Apr 4, 2016 11:10am Apr 4, 2016 11:10am
Quoting FxPro Global
{quote} Dear meyoik, If you are making a SEPA transfer you may incur a small fee depending on whether your bank charges for SEPA transfers. If not, this type of transfer to us would be free of charge, and you would not incur any fees when making withdrawals via SEPA. We accept SEPA transfers from any European bank that allows this. If you wish to make SEPA transfers, please make sure that you select EURO as your FxPro Vault currency when opening an account. Kind regards, FxPro Team

OK clear, thanks. Let's see how it goes, if there's any issues, I will post them here.
  • #896
  • Apr 13, 2016 2:49pm Apr 13, 2016 2:49pm
hi,

I made a bankl transfer to fxpro a week ago.. they said money didnt arrive yet, I'm suspicious if Fxpro is not more than just scam...

somebody said in ealier posts: "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."

is that better or worse? I thought its better because otherwise you would lose your position too quickly if it goes not the right direction, or am I wrong?
can someone recommend me another (serious) broker (not scam!) than Fxpro with the margin calculation from the total position value?
  • #897
  • Apr 14, 2016 5:18am Apr 14, 2016 5:18am
Quoting Fred123
hi, I made a bankl transfer to fxpro a week ago.. they said money didnt arrive yet, I'm suspicious if Fxpro is not more than just scam... somebody said in ealier posts: "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." is that better or worse? I thought its better because otherwise you would lose your position too quickly if it goes not the right direction, or am I wrong? can someone recommend me another (serious)...

Dear Fred123,

We are sorry to hear that you are facing some difficulties with your deposit.
Could you please PM your account number or contact our Customer Support via Live Chat or by email ([email protected]) so that we may look into the matter?

Also, please be advised that we calculate Required Margin using the below formula:
Trade Size X Current Market Price / Leverage = Required Margin in term currency of the pair traded

You can use our FxPro Margin Calculator to determine the margin required for opening any position:
http://www.fxpro.co.uk/trading/calculators/margin

Kind regards,
FxPro Team
Trading CFDs involves significant risk of loss.
  • #898
  • Apr 20, 2016 8:25am Apr 20, 2016 8:25am
FxPro Announces Execution Statistics for Q1 2016

Online broker FxPro is pleased to disclose key trade execution statistics for the first quarter of 2016. For the months of January, February and March, slippage percentages were as follows:

 

  1. Positive = 46.93%
  2. At Quote = 31.81%
  3. Negative = 21.26%


The figures above show the percentage of trades that were executed without slippage, as well as that of trades executed with negative slippage or at a better price than requested. It is notable that these figures not only reveal the significant percentage of trades that benefitted from positive slippage, but also demonstrate a decrease of more than 3.5% in trades that incurred negative slippage and an increase of more than 9.4% in trades executed at a better price when compared to the numbers registered during the fourth quarter of 2015.

The first three months of 2016 also saw a decrease in re-quote percentages:

 

  1. Re-quotes = 5.01%
  2. Positive = 2.23%
  3. Negative = 2.78%


FxPro CEO, Charalambos Psimolophitis, commented:

Quote
It has been a year since we took the initiative to systematically publish our execution statistics. The purpose of this move remains twofold: to provide traders with valuable information about our standards of service, and to encourage greater transparency in the FX industry. It is pleasing to see positive developments gradually taking place, as is to observe the continuous improvement of the quality of trade execution we offer.

http://www.fxpro.co.uk/group/media/n...cs-for-q1-2016
Trading CFDs involves significant risk of loss.
  • #899
  • Apr 21, 2016 8:09am Apr 21, 2016 8:09am
Quoting timos
{quote} More like an exchange...they match orders, LMAX style.Nothing bad with this model at all.
That's incorrect. FXPro is the principle to all your trades and not an agent. You are not trading on an exchange like Lmax.
  • #900
  • Apr 21, 2016 8:20am Apr 21, 2016 8:20am
FxPro Wins 'Best FX Provider' at the 2016 City of London Wealth Management Awards

FxPro is pleased to announce that it has received the 'Best FX Provider' award at the 2016 City of London Wealth Management Awards, making this the third year in a row that we accept this prestigious accolade.

This year's COLWMA nominees were initially determined by an independent panel of judges before individual traders and investors were asked to cast their vote. The winners were announced at a ceremony held on Tuesday, April 12, at The Guildhall in London, the aim of which was to recognise and celebrate the quality of service offered by some of the leading Wealth Management companies and individuals in the industry.

Over the past year, FxPro has invested greatly in enhancing the trading conditions provided to traders, as well as in enriching its range of products, tools and educational services, all with the purpose of offering an unparalleled trading experience to clients. It is therefore particularly rewarding to see that we remain the broker of choice of forex traders for yet another year.

FxPro CEO, Charalambos Psimolophitis, commented:
Quote
After a busy first quarter, during which we focused on product updates and service improvements, it is pleasing to see that FxPro remains a preferred and most trusted broker. We welcome this award and continue to work hard towards meeting the demands of our clients.

http://www.fxpro.co.uk/group/media/n...er-2016-colwma
Trading CFDs involves significant risk of loss.
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