I've used several brokers: 1.Demo with IBFX- doing well, nearly ten thousand within two months. 2. Real with FXCM, deposited 900USD, but did some trading mistake (not FXCM mistake), my account balance dropped to 98.00 USD, how sad. 3. Real with e-toro, deposited 50USD, done 5 trades and balance now is 147.00 USD (just for fun for the time being) 4. Real with fxOpen (started 11 August 2009). Trading log: -11/8 Deposited 900 USD, then my balance down to 236USD on 20/8/2009 - All because of my mistake for not patient enough. -26/8 Balance increase to 429 due to carefull trading. On the same day i deposited 400 to increase my capital. -23/8 FXOpen deposit a top 20 bonus worth 50USD and my balance is 1504 - 8/9 fxOpen deposited 100 for 10 lot bonus and my balance on that day is 1399 because of wrong entry. Its ok to lost several trades. -25/9 highest profit of 1352. Balance 5802 -25/9 First withdrawal 1K using Liberty Reserve. Money already in the bank on 26/9 Balance after withrawal is 5676. Hope to withdraw another 1K in few days. Conclusion: At the moment, FxOpen is a good broker. Deposit fast and withdraw in less than 24 hours. Mt4 terminal is good although some delay in entering, closing and refreshing the balance after closing the trades. Hope their admin will look into this matter. I'm using robot most of the time because i have other job to do. For now the profits are 400 to 500 on average (of course some trades i lost 300 to 500). To all traders, do your trades in manners. Avoid hedging and other wrong methods that will make your broker terminate your account. Hope this review will help those who like to open an account with this broker.For my self, FxOpen is not a scammers.
|