I deposited $300 into my account. 5 days later I withdrawed $400 via wire transfer, and I got only $320 to my bank account... My bank doesn't charge fees for these kind of transactions.
I sent an email to FxOpen, and they said there is a $50 FEE(!!!) for wire transfers, however I didn't find it on their site. But on the other hand: where is the remaining $30??
I only traded one week with them, but I had 3 server freezes... I don't recommend them as a primary broker...
I also had a funny experience with fxopen when i deposited into my account via wire transfer.They deducted some amount which i believe is transfer fee and now that you mention it,there is no such condition in thier website. Might consider another brooker.Have had several server freezes on me and being in a country where we sometimes experience network outages i felt it was the fault of my isp but with what i see from some comments here one might just rethink.
I'm trading with them for the last 5 months. They recently added the MT4 ECN trading platform which is great in my opinion. Combining ECN and MT4 is exactly what all broker should do - ECN is the only thing trading with. I'm done trading with market makers. ECN on MT4 lets me run my robots and scalp as much as I want.
I wish the customer service was better though. Didn't have any probs withdrawing profits, although you need to see what transfer charges are like for you with your own bank.
I like the idea of trading not against your broker but against the market. I tested this broker, and really it is great and fast and my trading results depend on my skills only and no need to worrie about common broker tricks like stop hunting.
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