Information about FXpro floor scam users is currently buzzing on forum pages and top 10 forex brokers worldwide. Considered one of the safest virtual Exchange houses, receiving numerous praise for the transparency in transactions. So what is the truth about the FXpro scam rumor? We will clarify this information through the following article.
FXpro overview
FXpro was established in 2006 and is headquartered in the UK, the exchange is now present in over 150 countries to serve individual and institutional clients. This broker offers a wide range of assets, currently includes 200 assets and 69 currency pairs on Forex Signals, as well as stocks, indices, energies, metals. The FXpro exchange has 14 years of experience in the financial market, has won more than 70 awards, and its operations are licensed and regulated by reputable organizations such as: CySEC (Cyprus), BaFIN (Germany), BDF (France), SCB (Bahamas) ) .
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Is FXPro reputable?
The Fxpro trading platform is considered a reputable choice for the following basic factors:
- It was born a long time ago, developed from 2006 until now.
- It provides services to companies and individuals in 150 countries from two main offices located in the UK and Cyprus and a representative office in Monaco.
- And Fxpro UK Limited was licensed by the UK FCA in 2010 under the Financial Conduct Authority and at the same time, FxPro Financial Services Limited was also licensed to operate from Cysec in 2007 under the Cyprus Securities and Exchange Commission.
- FXpro has been operating in the Vietnamese market for over 10 years and started earlier than other exchanges.
- FXpro exchange operates according to signed principles and regulations like FCA, FSB or CySEC etc.
Due to its long development time, FXpro has built its own standards and regulations during its operation to help FxPro become the most prestigious Forex trading platform.
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How is the truth about the FXpro rumors?
So far, the FXpro floor has few issues. Therefore, all information is just rumors and there is no real evidence.
Rumors really come from new investors or traders who don't know how to place orders, wrong investments leading to losses or also new investors, they don't follow the process/regulations so they didn't get any money back. If you invest or carry out operations on the stock exchange, we recommend that you carefully study the information on a reputable website to read, as sometimes there are pages that are from rival companies, posting articles of interest.
Also, due to a huge limitation of the FXpro exchange is that the process of making withdrawals is still difficult, which makes users mistakenly think that the exchange is creating a lot of inadequacies to get money from investors. At the same time, due to the application of the money transfer policy through the original fund, traders also have problems, this policy is simply understood that if the trading account is used with a credit card, the withdrawal must be made. card. This makes it difficult for customers to be flexible with other transaction methods.
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FXpro exchange supports deposit and withdrawal
Recharge
FXdro supports Vietnamese investors, recharge via Ngan Luong wallet, Paypal, Visa, Skrill, Neteller with 0% transaction fee and instant 24/7 processing time. For bank transfer, it may take 3-5 days.
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Cancellation
And for withdrawals, FxPro does not charge any fees, except for deposit cases, but if there is no transaction, a fee of up to 2.6% will be charged.
Withdrawals are usually made on business days. If the withdrawal is made on a holiday, it will be processed on the next business day.
Should any issues arise with deposits and withdrawals, you can contact customer support via live chat/email/phone.
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Experience using with FXpro
- Please note that the FXPro demo account is completely different from the real trading account.
- Support when having floor problems is still delayed
- There will be errors when executing many different transactions at the same time on many different computers
- Sometimes the exchange does not accept withdrawal orders or it takes a long time for the order to be executed
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Conclusion
So, through the information we have provided you, surely you have the answer to the question whether FXpro is a scam or not? However, we would like to emphasize that, when investing in a certain exchange, seek information carefully so that you can minimize risks.
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