FXPN Company

FXPN Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

FXPN, a forex broker, was established in 2011. The company specializes in providing trading services across various financial markets, including forex, CFDs, and commodities.

Parent Company/Ownership Structure

FXPN operates under the ownership of Leverate Financial Services Limited, which is known for offering technology solutions to the forex trading industry. This affiliation enables FXPN to leverage advanced trading technologies and platforms.

Headquarters Location

The headquarters of FXPN is located at Zavos City Center, 4th Floor, 88 Ayias Fylax eos St., Limassol, 3025, Cyprus. This strategic location places FXPN within a prominent financial hub in Europe.

Global Business Scope

FXPN caters primarily to individual traders and investors looking to engage in forex and CFD markets. The company offers services to clients across different regions, although certain countries may have restrictions on trading with FXPN.

Main Regulatory Bodies

FXPN is regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 160/11. This regulatory oversight is crucial for maintaining transparency and ensuring compliance with industry standards.

Back to Top

2. Company History and Development

Key Milestones

• 2011: FXPN was founded, marking its entry into the forex trading industry.
• 2012: The company began offering a wider range of trading platforms and services.
• 2015: FXPN expanded its trading instruments to include more CFDs and commodities.

Business Expansion Journey

Since its inception, FXPN has focused on expanding its offerings to meet the needs of its growing customer base. The introduction of advanced trading platforms like MT4 and Sirix has played a significant role in attracting clients.

Customer Base Growth

FXPN has seen steady growth in its customer base, with many traders drawn to its competitive trading conditions and diverse trading instruments. The company has cultivated a reputation for reliability, which has contributed to its expanding clientele.

Platform Development History

FXPN initially launched with basic trading functionalities but has since evolved to offer more sophisticated trading tools and features. The integration of automated trading options and user-friendly interfaces has enhanced the trading experience for users.

Important Awards or Recognitions Received

While specific awards for FXPN are not mentioned, the company's regulatory compliance and customer satisfaction ratings reflect its commitment to quality service in the competitive forex market.

Back to Top

3. Trading Services Offered

Forex Trading Options

FXPN offers over 45 currency pairs for trading, providing a wide range of options for forex traders. This includes major, minor, and exotic pairs, catering to various trading strategies.

Stock Trading Options

In addition to forex, FXPN allows trading in various stocks, enabling clients to diversify their portfolios. The stock trading options are part of the broader range of financial instruments available on the platform.

CFD Trading Products

FXPN features more than 315 CFDs, covering various asset classes such as indices, commodities, and precious metals. This extensive selection allows traders to engage in speculative trading across multiple markets.

Other Financial Instruments

FXPN also offers trading in commodities, including energies like oil and natural gas, as well as precious metals such as gold and silver. However, it does not currently provide cryptocurrency trading options.

Special Services or Unique Advantages

FXPN supports automated trading through Expert Advisors (EAs) and offers managed accounts and social trading features. These services are particularly beneficial for traders looking for hands-off investment strategies or those who want to replicate successful trades.

Back to Top

4. Regulatory and Legal Background

Detailed Regulatory Information

FXPN is primarily regulated by CySEC, which ensures that the broker adheres to strict guidelines for financial practices and client protection. This regulatory oversight is crucial for maintaining trust and transparency in the forex trading environment.

Legal Entity Structure by Region

FXPN operates as a limited liability company under Leverate Financial Services Limited. The regulatory framework in Cyprus allows the company to serve clients across Europe and other regions, subject to local regulations.

Client Fund Protection Measures

To protect client funds, FXPN maintains segregated accounts, ensuring that client deposits are kept separate from the company's operational funds. This measure is essential for safeguarding client assets in the event of financial difficulties.

Countries/Regions Served

FXPN serves clients primarily in Europe and other regions where it is legally permitted to operate. However, certain countries may be restricted from accessing FXPN's services due to regulatory compliance.

Compliance History

FXPN has maintained a solid compliance record with CySEC regulations, contributing to its reputation as a reliable forex broker. However, as with any financial services provider, it is crucial for clients to conduct their due diligence before engaging in trading activities.

Back to Top

5. Competitive Landscape

3-5 Main Competitors

• FxPro: A well-established broker known for its advanced trading platforms and extensive range of instruments.
• IG Markets: A leading broker with a strong global presence and a wide array of trading options.
• OANDA: Offers competitive spreads and is recognized for its robust trading technology.
• Pepperstone: Known for its low-cost trading and excellent customer service.
• XM: Provides a diverse range of trading instruments and is popular among forex traders.

Positioning in the Industry

FXPN positions itself as a reliable and user-friendly forex broker, particularly appealing to beginner traders. The combination of competitive spreads, a variety of trading instruments, and regulatory oversight helps it stand out in a crowded market.

Market Differentiation Factors

FXPN differentiates itself through its commitment to customer service, offering a range of educational resources and support for new traders. The availability of automated trading options and social trading features also enhances its appeal to a broader audience.

Back to Top

In conclusion, FXPN has established itself as a competent player in the forex trading market, offering a range of services tailored to the needs of individual traders. With its regulatory backing, diverse trading options, and commitment to customer satisfaction, FXPN continues to attract a growing clientele in the competitive landscape of online trading.

For further information on FXPN and to explore their trading services, learn more here.