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
Some news
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.