FinPros Forex broker specializes in providing foreign exchange trading services, the company's official website https://my.finpros.eu/live_signup, the company's legitimate regulatory information CyprusCYSECStraight Through Processing(STP), to enhance the security of the company's address 6 Laiou Street, Anna City Court Block A, CY3015, Limassol, Cyprus..
FinPros Forex Broker
Basic information
Cyprus
2-5 years Regulated in Cyprus Straight Through Processing(STP) White label MT5 Global BusinessCompany profile
FinPros was founded by Finquotes Financial Ltd in Cyprus. It offers various trading assets, including Currencies, Stocks, Metals, Energies and Indices with spread from 0.0 pips and leverage up to 1:30 via the MT5 platform.
Pros and Cons
| Pros | Cons |
| Various trading assets | Limited leverage |
| Popular MT5 platform | No MT4 |
| Regulated by CySEC | High minimum deposit |
Is FinPros Legit?
| Regulated Country | Regulated Authority | Regulated Entity | License Type | Licensed Number |
| CySEC | Cyprus Securities and Exchange Commission | Straight Through Processing (STP) | 418/22 |
What Can I Trade on FinPros?
| Tradable Instruments | Supported |
| Currencies | ✔ |
| Stocks | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Cryptos | ❌ |
| ETFs | ❌ |
Account Type
FinPros offers four account types: Edge, Raw+, Vantage and ClassIQ.
| Account Type | Minimum Deposit |
| Edge | $/€/£1000 |
| Raw+ | |
| Vantage | |
| ClassIQ | $/€/£200 |
Leverage
The leverage of FinPros is fixed at 1:30. The higher leverage can bring high profits, but also high losses. Traders should be calm when trading.
Spreads and Commissions
FinPros' spread varies depending on the accounts. The Edge account is 0.6 pips, Raw+ is 0.0 pips, Vantage is 1.6 pips and ClassIQ is 1.5 pips. Besides, the commission is from $3/lot per side.
Other Fees
Traders also need to pay currency conversion fees, overnight financing fees and inactivity fees.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ❌ | / | Beginners |
| MT5 | ✔ | Windows, IOS, Android, Web | Experienced traders |
Deposit and Withdrawal
FinPros accepts payments viaVISA, Mastercard, Maestro, wire transfer, SOFORT, Skrill, Neteller, and iDEAL. And there are no fees for deposits and withdrawals.
Garcia Luca
Netherlands
😁Well, I would say this: if you are an experienced trader looking to make some big gains, I recommend trading here. The trading circumstances are superb. I have no reason to complain.
Positive
2024-08-07