PatronFX review
PatronFX review: regulation (Regulated by the Cyprus Securities and Exchange Commission…), minimum deposit 250, leverage up to 1:400, platforms and…
Trading conditions
- Broker type
- STP/ECN
- Minimum deposit
- 250
- Maximum leverage
- 1:400
- Minimum spread
- 0.0 Pips
- Platforms
- MetaTrader4
- Instruments
- Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures
- Account currencies
- USD
Bonuses
- No deposit bonus
- No
- Welcome bonus
- No
- Other promotions
- No
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Wire Transfer, Credit Card, Debit Card
- Withdrawal methods
- Wire Transfer, Credit Card, Debit Card
Company
- Regulation
- Regulated by the Cyprus Securities and Exchange Commission with CIF license number 272/15
- Founded
- 2020
- Country
- Cyprus
- Address
- 45A Kratinou Street, 2040 Strovolos, Nicosia, Cyprus.
- Publicly traded
- Yes
- Website languages
- Dutch, English, German, Polish
- Phone
- +357 2 526 2681
- Email or Skype
- [email protected]
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About PatronFX
This PatronFX review covers regulation, fees, platforms and bonuses.
Some news
PatronFX overview
PatronFX is a STP/ECN broker, established in 2020, based in Cyprus. It is regulated by Regulated by the Cyprus Securities and Exchange Commission with CIF license number 272/15. Trading conditions at PatronFX include a minimum deposit of 250, leverage up to 1:400, spreads from 0.0 Pips.
Clients can trade on MetaTrader4, in the web browser and on mobile. Available markets: Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures. Account base currencies: USD.
PatronFX offers a free demo account, Islamic accounts, swap-free accounts, mini accounts, VIP accounts, managed accounts and segregated client accounts. Trading rules: hedging and scalping are allowed, news trading is allowed. Deposits can be made by Wire Transfer, Credit Card, Debit Card.
Withdrawals are available via Wire Transfer, Credit Card, Debit Card. The website is available in Dutch, English, German, Polish.
PatronFX FAQ
Is PatronFX regulated?
Yes. PatronFX is regulated by Regulated by the Cyprus Securities and Exchange Commission with CIF license number 272/15.
What is the minimum deposit at PatronFX?
The minimum deposit at PatronFX is 250.
What is the maximum leverage at PatronFX?
PatronFX offers leverage up to 1:400. Leverage may be lower depending on your country and account type.
What are the spreads at PatronFX?
Spreads at PatronFX start from 0.0 Pips.
Which trading platforms does PatronFX offer?
PatronFX offers MetaTrader4.
Does PatronFX offer an Islamic (swap-free) account?
Yes, PatronFX offers Islamic swap-free accounts.
Does PatronFX have a demo account?
Yes, PatronFX offers a free demo account.
How can I deposit money with PatronFX?
PatronFX accepts Wire Transfer, Credit Card, Debit Card.
When was PatronFX founded?
PatronFX was established in 2020 and is based in Cyprus.
How do I withdraw money from PatronFX?
Withdrawals at PatronFX are possible via Wire Transfer, Credit Card, Debit Card.
Official website: PatronFX
PatronFX pros and cons
Pros
- Regulated by Regulated by the Cyprus Securities and Exchange Commission…
- Raw spreads from 0.0 Pips
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
- Trading platforms: MetaTrader4
Cons
- No no-deposit bonus at the moment
- Conditions and bonuses can differ by regulated entity
PatronFX FAQ
Is PatronFX a safe and regulated broker?
PatronFX was founded in 2020 and is regulated by Regulated by the Cyprus Securities and Exchange Commission with CIF license number 272/15. Client funds are held in segregated accounts. Your protection depends on which PatronFX entity opens your account.
What is the minimum deposit at PatronFX?
The minimum deposit at PatronFX is 250. Payment providers may set their own minimum amount.
What is the maximum leverage at PatronFX?
PatronFX offers leverage up to 1:400. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does PatronFX offer a no deposit bonus?
No. PatronFX does not currently offer a no deposit bonus. It offers a welcome promotion: No. See our forex no deposit bonus list for brokers that do.
Which trading platforms does PatronFX offer?
PatronFX supports MetaTrader4. Mobile trading is available.
Does PatronFX allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does PatronFX offer an Islamic (swap-free) account?
Yes. PatronFX offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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PatronFX at a glance
- RegulationRegulated by the Cyprus Securities and Exchange Commission with CIF license number 272/15
- PlatformsMetaTrader4
- Account currenciesUSD
- LanguagesDutch, English, German, Polish
- Phone+357 2 526 2681
- Email / Skype[email protected]
- Fax+357 2 526 2681
- Head office45A Kratinou Street, 2040 Strovolos, Nicosia, Cyprus.