FXPRO Withdrawal? Anyone withdraw profits?

maxtail

Junior member
49 0
Hello,
Has anyone withdrawn profits easily from FXPRO.

Please only someone response who has a live account, and has deposited money with FXPRO, and withdrawn Original Deposit Amount and profits from FXPRO..

Since how long you have account with them? How usually you used to withdraw.. Was withdrawal fast.. or ages..?

P.S. I will ignore reply from someone who just now made a user account in this forum and is replying this :).. (We do not want reps of FXPRO to reply this please.)

Please lets be real. Thanks Alot.
 

pboyles

Legendary member
8,072 1,302
Hello,
Has anyone withdrawn profits easily from FXPRO.

Please only someone response who has a live account, and has deposited money with FXPRO, and withdrawn Original Deposit Amount and profits from FXPRO..

Since how long you have account with them? How usually you used to withdraw.. Was withdrawal fast.. or ages..?

P.S. I will ignore reply from someone who just now made a user account in this forum and is replying this :).. (We do not want reps of FXPRO to reply this please.)

Please lets be real. Thanks Alot.

When you deposit your money it becomes their money. They will do all they can to avoid giving it back.
 

samirs

Established member
507 47
Hello,
Has anyone withdrawn profits easily from FXPRO.

Please only someone response who has a live account, and has deposited money with FXPRO, and withdrawn Original Deposit Amount and profits from FXPRO..

Since how long you have account with them? How usually you used to withdraw.. Was withdrawal fast.. or ages..?

P.S. I will ignore reply from someone who just now made a user account in this forum and is replying this :).. (We do not want reps of FXPRO to reply this please.)

Please lets be real. Thanks Alot.

Can you please let us know why you are asking this question? is your money stuck with them or are you about to start with them
 

maxtail

Junior member
49 0
Samirs,
Are you trading live with them ?

If you are not, i will ignore your reply.. As i need a response from someone who has an account, and has withdrawn profits..

Pboyles,

It cant be money of any legit broker, if they are regulated, Only in the case, a trader does not knows how to trade, and it becomes money of the Market !
 

maxtail

Junior member
49 0
When you deposit your money it becomes their money. They will do all they can to avoid giving it back.

Do you have trading account with them
Please share your experience..
Have you withdrawn the profits?
 

pboyles

Legendary member
8,072 1,302
Samirs,
Are you trading live with them ?

If you are not, i will ignore your reply.. As i need a response from someone who has an account, and has withdrawn profits..

Pboyles,

It cant be money of any legit broker, if they are regulated, Only in the case, a trader does not knows how to trade, and it becomes money of the Market !

You're not trading in a market they are taking the other side of your trades, when you lose they get the money. That is why it is always in their interests for you to keep losing. Of course some brokers will help you to lose faster by giving you slippage and so on (google FXCM fine or Gain Capital fine).

Regarding withdrawals they will attempt to hold out for a while in the hope you lose a bit more.

As regards regulation they are in Cyprus. Can you think why?
 

maxtail

Junior member
49 0
You're not trading in a market they are taking the other side of your trades, when you lose they get the money. That is why it is always in their interests for you to keep losing. Of course some brokers will help you to lose faster by giving you slippage and so on (google FXCM fine or Gain Capital fine).

Regarding withdrawals they will attempt to hold out for a while in the hope you lose a bit more.

As regards regulation they are in Cyprus. Can you think why?

Well yes FXCM and Gain Capital, are in my ignore List..

But do you have an account with FXpro, did you trade with them and withdrawn ?
 

pboyles

Legendary member
8,072 1,302
Well yes FXCM and Gain Capital, are in my ignore List..

But do you have an account with FXpro, did you trade with them and withdrawn ?

I wouldnt touch any broker in Cyprus or any broker that uses MT4. In fact I wouldn't touch any retail forex broker.
 

pboyles

Legendary member
8,072 1,302
Which broker do you suggest than?

Actually I recommend you forget about trading, it's highly likely you'll lose money for years. It's not what you've been led to believe.
 

redtag12

Active member
153 3
Good morning,i do not trade with fxpro so i cannot ans your original question.However like you i think that for newbies and to avoid costly mistakes and grief no end of(been there) i,m wondering if pboyles would point u all in the right direction.He doe not use retail brokers and to be frank from what ive read on different forums maybe he is right.All i can say is use a true ECN broker maybe wih level 2. Now try to find one that is actually a ECN broker most are retail and lie about being true ECN brokers.Do NOT use spread betting companies and or Market Makers you are not dealing with the true market place.I hope that pboyles will at least point us all in the right direction if not an actual broker.Mike
 

pboyles

Legendary member
8,072 1,302
Good morning,i do not trade with fxpro so i cannot ans your original question.However like you i think that for newbies and to avoid costly mistakes and grief no end of(been there) i,m wondering if pboyles would point u all in the right direction.He doe not use retail brokers and to be frank from what ive read on different forums maybe he is right.All i can say is use a true ECN broker maybe wih level 2. Now try to find one that is actually a ECN broker most are retail and lie about being true ECN brokers.Do NOT use spread betting companies and or Market Makers you are not dealing with the true market place.I hope that pboyles will at least point us all in the right direction if not an actual broker.Mike

Avoid forex and spread betting for a start, go with a regulated futures broker. Having said that they are not 100% safe either just look at MF Global. Personally I'd advise you forget about trading, its just not worth it.
 

cfxsignals

Newbie
4 0
I thought FXpro are FSA regulated as well. Although that means little considering that DCM went busto a few months ago.
 

random12345

Established member
793 280
Good morning,i do not trade with fxpro so i cannot ans your original question.However like you i think that for newbies and to avoid costly mistakes and grief no end of(been there) i,m wondering if pboyles would point u all in the right direction.He doe not use retail brokers and to be frank from what ive read on different forums maybe he is right.All i can say is use a true ECN broker maybe wih level 2. Now try to find one that is actually a ECN broker most are retail and lie about being true ECN brokers.Do NOT use spread betting companies and or Market Makers you are not dealing with the true market place.I hope that pboyles will at least point us all in the right direction if not an actual broker.Mike

Not to send this topic spiralling even more off topic with another rant...

The same methods that I use on spread betters also work on Interactive Brokers, except I don't pay 52% tax & National Insurance effective on the former. My conclusion therefore, if you lose on spread betters, you'll also lose to the open market (except perhaps on futures with commission rather than a spread if you're a 10% edge type) but then at least you're contributing to the true 'zero sum game' eh, so your money goes to some sod in Barclays rather than to a spread betting company. Would people be happier with that situation?

Of course losing one's head while using a spread better and blowing up your account, will cause the masses to google "SPREAD BETTER CHEATS FRAUD LIARS" - and at this point they'll realise their losses weren't down to them and they can then happily join that blameless bandwagon with a few hundred trades of experience (i.e. none) and a few sh*t books under their belt.

Can you please, for me, if noone else, explain what happened when you used a SB that caused you to directly lose money that you wouldn't have lost using IB or whoever? Preferably with charts referencing slippages and spikes and lag that didn't occur on the DMA broker, but did on SB and how it was you lost money on these that made making a profit impossible (i.e. the slippage needs to be large and commonplace).

I BET £300 A POINT DAY IN DAY OUT AND THEY KEEP NOT CHEATING ME OUT OF MY MONEY AND IT'S BOTHERING ME. THEY DO KEEP MAKING ME SEND THEM A JPG OF MY BANK STATEMENT EVERY TIME I WITHDRAW FOR SOME FRAUD >5K REASONING, THAT'S A BIT ANNOYING, I'LL ADMIT.

Ahem, I will pay you twenty English pounds for this service, sir.

Sorry for ruining this thread even more.
 
 
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