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Patron FX Forex Broker keeps up-to-date with the latest trading account information, including VIP, PLATINUM, GOLD, BASIC maximum leverage of 1:400, trading varieties, and more
Rating Index
Pros
User-friendly trading platforms, including MetaTrader 4 and the Scipio trading app, cater to both beginners and experienced traders.
Regulated by the Cyprus Securities and Exchange Commission (CySEC), providing a level of credibility and security for traders.
Offers a diverse range of trading instruments, including over 250 assets such as forex, cryptocurrencies, stocks, and commodities.
Cons
Customer service experiences are mixed, with reports of difficulties in withdrawals and communication issues with account managers.
The minimum deposit requirement of $250 may be considered high for some new traders looking to start with smaller amounts.
Lacks a demo account option, which limits potential clients from testing the platform before committing real funds.
Patron FX broker Accounts
VIP
Environment
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Currency
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Maximum Leverage
1:400
SupportedEA
Minimum Deposit
€250,000
Minimum Spread
--
Depositing Method
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Withdrawal Method
--
Minimum position
--
Commission
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Products
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PLATINUM
Environment
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Currency
--
Maximum Leverage
1:400
SupportedEA
Minimum Deposit
€100,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
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GOLD
Environment
--
Currency
--
Maximum Leverage
1:400
SupportedEA
Minimum Deposit
€25,000
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
BASIC
Environment
--
Currency
--
Maximum Leverage
1:400
SupportedEA
Minimum Deposit
€250
Minimum Spread
--
Depositing Method
--
Withdrawal Method
--
Minimum position
--
Commission
--
Products
--
Patron FX Account Type
Patron FX offers four different account types tailored to meet the needs of various traders:
- Basic Account
- Minimum Deposit: €250
- Leverage: Up to 1:30 for retail clients
- Spreads: EUR/USD from 3.0 pips, GBP/USD from 3.4 pips, USD/JPY from 3.3 pips
- Free Withdrawals: 1 per month
- Gold Account
- Minimum Deposit: €25,000
- Leverage: Up to 1:30 for retail clients
- Spreads: EUR/USD from 2.7 pips, GBP/USD from 3.1 pips, USD/JPY from 3.0 pips
- Free Withdrawals: 1 per month
- Platinum Account
- Minimum Deposit: €100,000
- Leverage: Up to 1:30 for retail clients
- Spreads: EUR/USD from 2.1 pips, GBP/USD from 2.5 pips, USD/JPY from 2.4 pips
- Free Withdrawals: 3 per month
- VIP Account
- Minimum Deposit: €250,000
- Leverage: Up to 1:30 for retail clients
- Spreads: EUR/USD from 1.6 pips, GBP/USD from 2.0 pips, USD/JPY from 1.9 pips
- Free Withdrawals: Unlimited
- Registration
- Visit the Patron FX website and complete the online registration form by providing your full name, email address, and phone number.
- Account Verification
- Submit a scanned color copy of your passport or national ID and a utility bill or bank statement from the last six months with your address.
- Compliance Checks
- Complete the basic compliance checks to ensure you understand the risks of trading.
- Funding Your Account
- Deposit a minimum of €250 (or equivalent) using various methods such as credit/debit cards, e-wallets, or bank transfers.
- Start Trading
- Once your account is verified and funded, you can start trading using the available platforms, including MetaTrader 4 and the proprietary webtrader.
All account types provide access to various trading instruments, including forex, commodities, stocks, indices, and cryptocurrencies.
Patron FX Broker Account Opening Process
To open an account with Patron FX, follow these steps:
The entire process is designed to be user-friendly, ensuring that both new and experienced traders can easily set up their accounts and begin trading.
Patron FX Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
Patron FX accounts can be viewed for products that can be traded -- accounts with a minimum deposit of €250,000 by (2+) --.