Experiences with FX Pro – good or bad?

FX Pro is without a doubt a big Forex broker that investes a lot of money in marketing and that has a solid presence in the Forex community. They even sponsor a Formula 1 team. FX Pro runs big and aggressive promotions and that’s one of the reasons why they have been growing so fast the last couple of years. But that doesn’t mean that FX Pro is reliable. There are a lot of traders that are not happy with the FX Pro platform and their service.

The biggest and most serious complaint about FX Pro is that they make it hard for you to withdraw your money. You really have to take this seriously because if a broker keeps money in his pockets and won’t let traders withdraw it looks like a scam. Of course, not every trader has problems with withdrawals but not just a few either. If somebody tells you that they manipulate charts then this could be a personal impression that doesn’t have to be true. But withdrawal issues are another story.
But how does FX Pro react when you want to withdraw your earnings? First of all they accept all deposits and don’t make any bigger security checks. But when it comes to withdrawals they want to know everything and receive documents that don’t even exist. For example if you made a deposit 2 years ago and you don’t use this method any more or moved in the meantime then you will have issues with your withdraw. And it’s highly likely they don’t accpet it or you have to fight for your money at least.

However, you can’t prove any scam by FX Pro but we don’t recommend them. Some practices don’t look reliable and just because they invest a lot in marketing doesn’t make them more reliable.

Experiences with FX Pro

Let’s see what other traders think about FX Pro.

I have no doubt that their demo account is different than real money trading. There’s something fishy here. But I have no complaints and my withdrawals have been accepted so far.

I had problems with my credit card deposit. I deposited money but it never reached my account. I had to send lots of documents but without any result. Still can’t find the money in my account and that concerns me.

Great demo account and good support. Can’t say anything about withdrawals so far.

I made some different trades simultaneously from different PCs and there have been major differences. Something is wrong here.

I could not close a position that was very profitable. The trade went in the wrong direction after that and I lost a lot of money. Stay away from this broker.

I experienced major issues with my withdrawal. They just did not accept the documents I sent. They accepted my deposit without thinking about it but didn’t want me to withdraw. Please stay away from them!

I tried to cashout my earnings twice but the money never reached my bank account. They wanted document after document until they found anything wrong (what actually is no biggie) to refuse my withdraw. I gave up.



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Rating: 5.7/10 (12 votes cast)
Experiences with FX Pro - good or bad?, 5.7 out of 10 based on 12 ratings

27 opinions and experiences

  1. Tony Martin says:

    Any Forex broker review and comparison guide that reccommends Plus 500 as number 1 is obviously a huge joke.

  2. Riyad says:

    Truly safe broker with their own innovate platform. I’ve chosen FxPro as my primary broker a year ago and never regret about this choice. Also I want to add that they provide quite good and professional service and quick deposit/withdrawal process.

  3. FX Victim says:

    I have used FX Pro for three years & no one can ever tell me they are not thieves.
    They are the biggest scammers out there.

    I have actually been researching their scam to see exactly how they do it & some people who have posted here about their scams are all 100% right.

    DO NOT BELIEVE THE BS COMMENTS WHICH ARE DEFENDING FX PRO HERE.

    THEY ARE WRITTEN BY FX PRO STAFF.

    There is no trader who goes around defending their broker with so much determination as you see from the fake commentators here.

    Ask yourself. What does a trader have to lose if his broker is attacked online?
    If he is making money, what other traders say about his broker should not bother him.

    Remember that FX Pro is a big scammer with a big wallet.
    They have people specifically employed to go around sites like this one to defend them.

    FX Pro is a dangerous broker with a big marketing budget. You have been warned.

    • Pippen says:

      Oh damn. The same thing why are you trying to persuade us so badly. If you are just a trader, what other traders say about his broker should not bother you.
      Maybe it’s you specially employed to go around sites like this one to insult FxPro?

  4. daniel says:

    still chasing after them to give me back my money (5400$!!) they was good until 2015 since than they are very high risk bankrupt broker

    • Noah Patrick says:

      Oh really? Now we have 2017. They are still working. Me and some of my trader friends have no problems with this broker since start. Where is bankruptcy ? Far away.

    • Julia says:

      I have same trouble also – send them withdrawal requests and they doesn’t answer me after three months. Deposited 32,000 $, and it seems lost till today. I don’t know what to do in this situation, but now trying to contact advocate in this case. I heard that there a lawyers from central Europe and they help people to make withdrawals of their funds in that kind of situations

  5. Howard Baum says:

    Good broker with clear reputation. Everything works great. Trading platforms, orders and executions, network connection, money deposits and withdrawals – all go smooth and stable. Spreads are low , slippages are rare. Never had any withdrawal problems. So it’s obviously all you need to trade successfully. Strongly recommended to smart, both experienced and novice traders.

    • FX Victim says:

      The funny thing is you have not told us a period or type of account which you’re basing your ratings from.

      I have used FX Pro for three years extensively on both live & demo accounts specifically to identify their fraudulent operation.

      Overwhelming evidence points to a major professional scam in operation aided by a number of UK legal loop holes which Im determined to have changed.

      FX Pro also uses a huge marketing budget to perpetuate their scam (a lot of lies to unsuspecting new traders & other traders who fall for their big lie).

      The reality is opposite to everything you listed in your comment apart from deposits because I have personally experienced problems with each & every aspect you mentioned.

      Of course, there in no issues with deposits & not every trader is going to experience the same thing.

      However, the evidence is there starting from their contract where, most importantly, they admit that they are not a real broker.

      They also admit that all trades are executed & terminated at FX Pro.
      They also admit that no trade is ever taken to the open exchange.

      They are counterparts & principle to all CFD trades meaning they are always trading against all their retail clients.

      They also admit they only get prices than actual liquidity from liquidity providers.
      This clearly means they use their own money in all trades with their clients.

      When a trader makes a profit, they lose & when traders lose, they collect all that money as profit. Why would you expect them to allow you to make profits?

      It is in their best interest for their clients to lose & they have many clauses in their contract which specifically say they will take “action if a trade is not in their best interest”.
      What do you think that means??

      They have basically given themselves the legal right to take your money if you happen to be winning more than they are & to silently take your money when you simply cant trade.

      However, most of their scam is legal due to a number of legal loopholes but there is one UK law they are breaking & this is where we are going to get them.

      They are committing fraud because they are deliberately misrepresenting themselves to their clients as an impartial broker (where they deliberately pass themselves off as a real impartial broker who does not “interfere”) when in reality, all their client’s losses are profits for them & they deliberately sabotage their client’s trades for this reason.

      If you’re defending them, they have either not hit you yet or you are on their payroll.

  6. Andrew says:

    FxPro is a market maker with typical trading conditions, but solid license, that will make you trading more secure, but not easier. A lot of problems with platform, big slippages, poor customer support, all these makes trading crazy. I advise to choose not only regulated brokers, but also ECN, without conflict of interests. If you don’t know what companies to choose, add me in skype, vovkfx, i will help you to solve this problem.

    • Herman says:

      Im sorry what? Problems with platforms? Poor support? Are you sure you wrote your comment about FxPro? Not about any other broker?
      Platforms stability and variety, perfect costumer service are one of the main advantages of FXPro. So please stop lying.

  7. Ranil says:

    Last year I traded on the FxPro Ctrader. Quite comfortable and modern platform, I satisfied. The UI is convenient for me, there are a lot of tools, good analytics and no requotes. Orders opens and closes immediately. As for me, Fxpro provides quite honest and qualified service.

  8. Andrew says:

    Big and reliable broker, but crazy slippages and slow execution make trading unreal. Yes, it’s called ECN, but still conditions are awful. CS is also very slow, so you will be alone. If you want to trade with solid broker and get good trading conditions, I can help. Just add me on skype – vovkfx.

    • Robert says:

      Well. I strongly disagree with you. In my case executions are instant. Didn’t notice any “crazy” slippages. Only regular ones. Its impossible to trade on real market without them at all. So you are just unlucky and have technical issues from youк side or this is fake review.

  9. Moshe says:

    I registered FxPro account in 2013 and still trade with them. I didn’t have any problems with customer service, execution or withdrawals. I think many traders try to blame brokers for their own mistakes. It will be better for them to read rules carefully and learn more about volatility and buy/sell stops and limits.

    • Nilson says:

      Totally agreed. My experience shows me its impossible to reach success in this business without fails at start, And its up to you how you manage it. You can get it right and fix your possible mistakes in future. Or you can blame everyone around you. Especially your broker. I have only good stories with FxPro.

  10. Vitinho says:

    I like FxPro, because it is very universal broker. They provide a wide range of services and can offer something interesting for every trader. And there are no limits in trading styles. The platforms and customer support are very qualitative. And it is very convenient for mobile trading. I work with this broker and recommend it to my friends.

  11. paul m says:

    am new and i fear already……i will shift to another broker.

  12. Jordan says:

    When I started on FX, I tried to trade with a few brokers, but after 3 years of experience, only FxPro is still in my list. Only this company never betrayed me, and I have never had problems with withdrawals.

  13. Arti says:

    Quite good and reliable broker. During my work with them I have black stripes as well as white stripes, but I have no any claims to FxPro. Working conditions are very good.

  14. dave says:

    yes same here most of the time thay trade against you to the point of you might a well go and buy a scratch card. you got more chance of makeing money that way f know how there in business

  15. 4X King says:

    FX Pro is definitely one of the most dangerous brokers to trade live with.

    I have used the broker for two solid years & I noticed within a few days that something was not right with their platforms.

    The biggest scam about this broker is their claim that they get liquidity from certain liquidity providers.
    The reality is they only get prices from liquidity providers which they then feed into their platforms.
    FX Pro then provides the liquidity which their unsuspecting clients trade with.

    They are not connected in any way to any real market in any way shape or form.
    Basically, FX Pro is a market maker & their retail contract although written to confuse the reader, states that you trade in a FX Pro market & there is actually no real market. They are the main counter party & principle to all your trades.

    It means when you trade on FX Pro platforms, they are trading against you.
    This is in their ‘colorfully’ worded contract -which they know most people dont actually read.

    You need to read it word by word to basically decode what they mean.
    Their entire scam is all there (possibly as a legal requirement) but which they try to hide with lots of confusing terminology.
    Their contract also takes away ALL client’s legal rights by the way.

    As one person has pointed out above, it is true that your trades will be manipulated so that you lose. I have seen all sorts of tricks they play & I would need a good amount of time & space to list & breakdown exactly how they scam their retail clients.

    They have invested a lot into algorithms specifically for this purpose. Trading with them is just as good as playing chase with a computer.

    Withdraws are also a big problem with this broker.
    I initially did not have a problem with all the small withdrawals I requested & my money usually arrived in my account within three days until I started making bigger profits.

    When I asked them, they would tell me all sorts of excuses for weeks.
    I stopped trading with them & my money arrived weeks later.

    I got the sense, this is just a way to frustrate profitable trades away.
    They dont expect you to withdraw your money once you deposit it & if you start making more withdrawals, it means you’re not bringing them profits & you have to go.

    As someone else pointed out in the above comments, their spread will stretch to either stop you out at a loss or stride your Take Profit line with the ask line & bid line on both sides of the TP. This way, the trade does not close because both ask & bid line need to cross the TP line.
    It will remain striding the TP line with only the ask line moving with the price while the bid line remains behind striding the TP. Only if the volume is high enough will the bid line finally cross the TP to give you a profit.

    You therefore can not place a trade & go away to find a profit waiting for you on your return. You have to sit there & watch every move otherwise you will hardly make any profit.

    If you try to close a wining trade, the platform may freeze or show a dialogue window saying “Invalid”. You then have to close this dialogue window to try again & by that time, the price may have moved back into negative.

    Also, if you try to hedge a trade, the rates will differ on each side to the point where every move the price makes in whichever direction will result in a small loss. If it keeps moving, you keep losing more. Whichever way the price goes results in a loss to your trade.

    I suggest anyone who wants to trade with them to first read their contract word by word to make sure you actually understand what is clearly written to confuse the reader.

    The only thing I can recommend about FX Pro is their demo accounts which do not expire & you can open as many as you want for as long as you want. BUT never ever trade live with them, you will lose all your money either in their phony markets or when you try to withdraw it.

  16. Kha says:

    I will never trust in FXPro, I traded with FxPro for long time, I have fixed account, after long time of traiding, I found that, the positions closing not in the same price which I requested, specially in SL, if the price was near of SL, don’t be surprise if you see the price move up/down or the spread move wider more just to close your positions, and if you ask the company by chat or send email about the reason, the answers always same, there was some news or abnormal moving in the market and the spread is coming more wide.

    NO way to return anything from their side.

    I informed them that the account is Fixed spread, they answer that the fixed spread is working only in normal condition of the market, and anywhere / anytime, if you see the spread is wider, they have answer, the market was in abnormal condition. (they only do copy/paste of the answer)
    Also, if I opened many orders during news, all orders closed in negative side, even if my orders was LONG and the price moved up, it closed because I put SL, and they make the spread MORE wider just to close the orders with HUGE loses.

    It was really bad for me to trust in that broker.

    My advice for everyone, be carful from FxPro.

  17. salim alami says:

    They are the worst scammers.
    Evertime I put a trade in , I mean everytime even if it was hitting my profit target , when I put my position in then it would go the other way.
    its a BUCKET SHOP.
    KEEP FAR FAR AWAY

  18. Michael says:

    Totally SCAM Broker, I was hearing rumors from other clients but i thought it was fake only until the time to withdraw my profits came and they wouldn’t allow me.

    To my surprise they accuse me for abusing their terms and conditions and they will not give me my profits. I have filed a formal complain to CySEC and i will take it all the way down with them.

    I’ve heard they did this to other clients as well after what happened with the Swiss franc as they are struggling financially. Anyone with similar experience please share here. It will help with my case with Cysec.

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