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FXPN Forex broker specializes in providing foreign exchange trading services, the company's official website https://my.fxpn.com/..., the company's legitimate regulatory information CyprusCYSECMarket Making License (MM), South AfricaFSCADerivatives Trading License (EP) to enhance the security of the company's address Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

FXPN Forex Broker

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FXPN

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FXPN Review SummaryFounded2-5 yearsRegistered Country/RegionBelarusRegulationExceededMarket InstrumentsForex & CFDs on stocks, precious metalscommodities, ndices, cryptocurrenciesDemo AccountAvailableLeverage1:200SpreadSilver: from l.l pips Gold: from 0.8 pips Platinum: from 0.5 pips VIP: from 0.2 pipsTrading PlatformSIRIX Web Trader & Mobile tradingMin Deposit$/€/£ 500Customer SupportTelephone number: +357 29 369 80 87 (Monday-Friday 9 AM-6 PM)Email: support@fxpn.byFXPN Information FXPN, a forex and CFD broker registered in Belarus, offer its clients a wide range of tradable financial instruments with leverage up to 1:200, a floating spread of 0.2 points on SIRIX network traders and mobile trading platforms, and four different real account types to choose from.Pros and ConsPros Cons Demo accounts availableExceeded and suspicious cloneMultiple account typesCommission chargedVariable spreads from 0.2 pipsMT4 & MT5 unavailableHigh minimum depositIs FXPN Legit? FXPN has an Exceeded license from the Financial Sector Conduct Authority (FSCA) and a license from the suspicious clone Cyprus Securities and Exchange Commission (CYSEC).Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberFSCAFinancial Sector Conduct AuthorityFinancial Service Corporate51545CYSECWGM Services LtdMarket Making(MM)160/11What Can I Trade on FXPN? FXPN offers trading instruments such as forex and CFDS for stocks, precious metals, commodities, indices and cryptocurrencies.Tradable Instruments Supported Commodities✔Stocks✔Currencies❌Crypto currencies✔Indices✔Precious metals✔Binary Options❌Mutual Funds❌Futures❌Account Types FXPN offers four types of real trading accounts, namely Silver, Gold, Platinum and VIP, with minimum initial deposit requirements of $/€/£500,$/€/£10,000,$/€/£50,000 and $/€/£150,000 respectively. Demo accounts with no maturity date are available. Demo accounts that have not been activated for more than 90 days since the last login will be closed. A maximum of 5 active demo accounts are allowed.Leverage The maximum leverage ratio offered by FXPN is 1:200.FXPN Fees Customers with silver accounts can enjoy a spread of 1.1 pips, while customers with the other three accounts can enjoy a spread of 0.8, 0.5 and 0.2 pips respectively. Stock commission: Silver account 0.5%, Gold account 0.4%, Platinum account 0.35%, VIP account 0.3%.Trading Platform SIRIX Web Trader and Mobile Trading apps on iOS and Android are chosen by FXPN to serve clients.Trading PlatformSupported Available Devices Suitable for SIRIX Web Trader✔WebsiteInvestors of all experience levelsMobile Trading app✔IOS, AndroidInvestors of all experience levelsDeposit and Withdrawal FXPN supports bank transfer, Swift, e-wallet, debit/credit card or any other electronic money transfer method. The minimum initial deposit requirement is said to be $/€/£500. FXPN charges a transaction fee, a standard fee charged for silver accounts, a 10% discount for gold accounts, a 25% discount for platinum accounts, and a 50% discount for VIP accounts.
How to login to FXPN?

FXPN Similar Brokers

Latest Reviews

Pros
Diverse range of investment opportunities across multiple asset classes, including forex, stocks, and commodities.
Regulated by CySEC, ensuring a level of security and transparency for clients.
User-friendly trading platforms available on desktop, web, and mobile, with attentive customer support.
Cons
Minimum deposit requirement of €500 may be high for beginner traders.
Mixed reviews regarding customer support availability and responsiveness.
Average overall rating of 3.3 out of 5 suggests there may be areas for improvement in service quality.

Basic Information

Registered Region
Saint Lucia
Operating Period
--
Company Name
FXPN Ltd
Abbreviation
FXPN
Company employee
--
Customer Service Email Address
support@fxpn.com
Contact Number
+442045931053
Company Website
Company Address
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
How to login to FXPN?
Fxpn Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Fxpn Account Registering for a Fxpn account is the first step to start your trading journey. Follow these detailed steps to successfully create your account: Step 1: Accessing the Registration Page Begin by visiting the official Fxpn website (https://fxpn.eu). Look for the "Register" or "Open Live Account" button prominently displayed on the homepage. Click on it to be directed to the registration form. Step 2: Filling in Required Information In the registration form, you will need to provide essential personal information. This typically includes: First and last name Email address Phone number Password (create a strong password that includes a mix of letters, numbers, and symbols) After filling in the required fields, click on the "Submit" button to proceed. Step 3: Email/Phone Verification Once you submit the form, Fxpn will send a verification email to the address you provided. Check your inbox (and spam folder) for this email and click on the verification link to confirm your email address. Additionally, you may receive a verification code via SMS. Enter this code in the designated field on the website to verify your phone number. Step 4: Identity Verification (if required) In some cases, Fxpn may require you to verify your identity before you can fully access your account. This typically involves uploading a government-issued ID (like a passport or driver's license) and proof of address (such as a utility bill). Ensure that the documents are clear and meet the specified requirements. Step 5: Registration Confirmation After completing the verification steps, you will receive a confirmation email notifying you that your Fxpn account has been successfully registered. You can now log in to your account. Common Registration Issues and Solutions Email Not Received: If you do not receive the verification email, ensure you entered the correct email address. Check your spam folder. If the issue persists, contact Fxpn support. Verification Code Issues: If you do not receive the SMS verification code, ensure your phone number is correct. You can request the code again or opt for email verification. Regional Differences in Registration Fxpn operates under the regulations of the Cyprus Securities and Exchange Commission (CySEC). Therefore, traders from regions with strict regulatory frameworks may face additional requirements. Always check the website for any specific regional guidelines. Part Two: Fxpn Account Opening Detailed Guide Explanation of Differences Between Registration and Account Opening While registration is about creating your account, account opening involves selecting your trading preferences and setting up your trading environment. Registration is a prerequisite for account opening. Preparation Work Before Account Opening Before you proceed with opening your Fxpn account, ensure that you have all necessary documents ready for submission. This includes your identification and proof of residence. Familiarize yourself with the different account types offered by Fxpn to select the one that best suits your trading needs. Detailed Account Opening Steps Step 1: Selecting Account Type Log in to your Fxpn account and navigate to the account opening section. Fxpn offers several account types, including Silver, Gold, Platinum, and VIP accounts. Choose the one that aligns with your trading strategy and capital. Step 2: Submitting Required Documents After selecting your account type, you will need to upload the required documents for verification. This typically includes: A government-issued ID Proof of address Ensure that all documents are clear and meet Fxpn's specifications. Step 3: Account Review Process Once you submit your documents, Fxpn will review them. This process typically takes 1-3 business days. You will receive an email notification regarding the status of your application. Step 4: Account Activation Upon approval, your account will be activated. You will receive details regarding your account, including your account number and login credentials. Step 5: Initial Setup After activation, log in to your Fxpn account and complete any additional setup required, such as configuring your trading platform preferences and funding your account. Frequently Asked Questions About Account Opening How long does it take to open an account? The process can take anywhere from a few hours to a few days, depending on the verification speed. Can I open multiple accounts? Yes, Fxpn allows you to open multiple accounts with different specifications. Next Steps After Opening an Account Once your account is set up and funded, you can start trading. Familiarize yourself with the trading platform and explore the various tools and resources available to enhance your trading experience. Part Three: Fxpn Login Process Explained Basic Web Login Process Logging into your Fxpn account is straightforward. Follow these steps: Step 1: Access the Login Page Visit the Fxpn website and click on the "Login" button located at the top right corner of the homepage. Step 2: Enter Your Credentials Input your registered email address and password in the respective fields. Ensure that your credentials are entered correctly to avoid errors. Step 3: Two-Factor Authentication (if enabled) If you have enabled two-factor authentication (2FA), you will receive a code on your registered mobile device. Enter this code in the provided field. Step 4: Click "Login" After entering your details, click the "Login" button to access your account. Step 5: Dashboard Overview Upon successful login, you will be directed to your account dashboard, where you can view your balance, trading history, and available tools. Mobile App Login Process If you prefer trading on the go, you can also log in through the Fxpn mobile app. The process is similar to the web login: Open the Fxpn app. Enter your email and password. Complete any 2FA requirements if set up. Tap "Login" to access your account. Other Login Methods Fxpn currently does not support third-party logins or Single Sign-On (SSO) methods. Users must log in using their registered email and password. Common Login Issues and Solutions Forgotten Password: If you forget your password, click on "Forgot Password?" on the login page. Follow the prompts to reset your password. Account Lockout: If you enter incorrect login details multiple times, your account may be temporarily locked. Wait for a specified duration before attempting to log in again. Technical Issues: If you encounter technical problems, try clearing your browser cache or using a different browser. For persistent issues, contact Fxpn support. Overview of Features After Login Once logged in, you can access various features, including: Trading platforms (MT4, Sirix) Account management tools Deposit and withdrawal options Market analysis and trading tools Additional Sections Account Security Recommendations To enhance the security of your Fxpn account, consider the following best practices: Enable two-factor authentication (2FA) for an extra layer of security. Use a strong, unique password and change it regularly. Monitor your account activity and report any suspicious actions immediately. Best Practices for Account Management Keep your personal information updated. Regularly check your account statements for discrepancies. Use secure networks when accessing your account. How to Get Technical Support If you encounter issues or have questions, Fxpn offers several support options: Email Support: Reach out to support@fxpn.eu for assistance. Phone Support: Call +357 25 254912 for immediate help. Contact Form: Use the contact form on the Fxpn website for queries. This guide provides a comprehensive overview of the Fxpn registration, account opening, and login processes. By following the outlined steps, you can navigate the platform effectively and begin your trading journey with confidence.

Fxpn Forex Broker - Complete Information Guide

1. Broker Overview

Fxpn is a financial services provider that has been operating since 2011, primarily offering trading in foreign exchange (Forex) and contracts for difference (CFDs). The broker is headquartered in Limassol, Cyprus, and operates under the regulatory framework of the Cyprus Securities and Exchange Commission (CySEC). Fxpn is a brand of Leverate Financial Services Ltd, which is a private company dedicated to providing a range of trading services.

The primary market served by Fxpn includes retail traders across Europe, with a focus on those looking to engage in active trading. Over the years, Fxpn has transitioned from a binary options provider to a broker specializing in Forex and CFDs, adapting to changing regulatory environments and market demands. This shift has enabled the company to maintain its relevance in the competitive trading landscape.

Fxpn's business model is centered around retail Forex trading, offering clients access to a wide variety of financial instruments, including currency pairs, stocks, commodities, and cryptocurrencies. The broker aims to provide a user-friendly trading experience through advanced platforms and a robust support system.

2. Regulation and Compliance Information

Fxpn is regulated by the Cyprus Securities and Exchange Commission (CySEC), under the license number 160/11. This regulation allows Fxpn to operate within the European Economic Area (EEA), ensuring compliance with the Markets in Financial Instruments Directive II (MiFID II), which aims to create a secure and transparent trading environment for investors.

The broker maintains strict client fund segregation policies, ensuring that client deposits are held in separate accounts from the company's operational funds. This practice enhances the protection of client funds in the event of financial difficulties faced by the broker.

Furthermore, Fxpn participates in the Investor Compensation Fund (ICF), offering additional security for clients with compensation coverage of up to €20,000. The broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, implementing measures to verify the identity of clients and monitor transactions for suspicious activities.

3. Trading Products and Services

Fxpn offers an extensive range of trading products, catering to various trader preferences. The broker provides access to:

  • Forex: A diverse selection of currency pairs, including major, minor, and exotic currencies.
  • CFDs: Contracts for difference on a variety of assets, including:
  • Indices: Major stock indices from around the world.
  • Commodities: Trading options in precious metals, energy products, and agricultural commodities.
  • Stocks: CFDs on shares from leading companies.
  • Cryptocurrencies: A selection of popular digital currencies for trading.

The broker frequently updates its product offerings to include new instruments based on market trends and client demand. However, Fxpn does not currently offer passive investment tools such as managed accounts or PAMM services, focusing instead on active trading capabilities for its clients.

4. Trading Platforms and Technology

Fxpn supports two primary trading platforms: MetaTrader 4 (MT4) and Sirix.

  • MetaTrader 4 is widely recognized as one of the leading trading platforms in the Forex industry, offering a comprehensive suite of tools for technical analysis, automated trading, and customizable charting options. Traders can access MT4 on desktop, web, and mobile devices, ensuring flexibility and convenience.

  • Sirix is another trading platform offered by Fxpn, designed for ease of use with a focus on social trading features. This platform allows traders to engage in copy trading, where they can replicate the trades of successful traders, although this feature may pose risks for inexperienced traders.

Fxpn employs market execution methods, ensuring that trades are executed at the best available prices. The broker's servers are strategically located to enhance trade execution speed and reliability. Additionally, Fxpn provides API access for automated trading, catering to the needs of algorithmic traders.

5. Account Types and Trading Conditions

Fxpn offers several account types, each designed to meet the varying needs of traders:

  • Silver Account: Minimum deposit of $500, with spreads starting from 1.1 pips.
  • Gold Account: Requires a minimum deposit of $10,000 and offers improved spreads starting from 0.8 pips.
  • Platinum Account: A minimum deposit of $50,000 is required, with spreads starting from 0.5 pips.
  • VIP Account: For high-net-worth clients, this account type requires a minimum deposit of $150,000, offering the best trading conditions with spreads from 0.2 pips.

All account types allow for leverage of up to 1:30 for retail clients, with professional traders potentially accessing higher leverage ratios. The minimum trade size is set at 0.01 lots, and Fxpn applies overnight fees for positions held past the trading day.

6. Fund Management

Fxpn supports a variety of deposit and withdrawal methods, including:

  • Bank Transfers
  • Credit/Debit Cards (Visa, MasterCard)
  • E-wallets

The minimum deposit requirement varies by account type, starting at $500 for the Silver account. Deposits are processed promptly, typically within one business day, and there are no fees charged by the broker for depositing funds. However, clients should be aware that their banks may impose transfer fees.

Withdrawal requests are processed on the same day if all conditions are met, and there are no withdrawal fees from Fxpn. Clients can withdraw funds using the same method they used for deposits, ensuring a seamless transaction process.

7. Customer Support and Educational Resources

Fxpn provides comprehensive customer support through multiple channels, including:

  • Telephone Support
  • Email Support
  • Online Feedback Form

The support team operates during business hours, with a focus on providing timely assistance to clients. While live chat is not available, the broker ensures that email inquiries are handled promptly.

Fxpn offers a range of educational resources to help traders improve their skills, including:

  • Webinars
  • Tutorials
  • E-books
  • Market Analysis Reports

The broker also provides trading tools such as economic calendars and calculators to assist traders in their decision-making processes.

8. Regional Coverage and Restrictions

Fxpn primarily serves clients in Europe, with a focus on countries within the EEA. However, the broker explicitly states that it does not accept clients from the United States and certain other jurisdictions. This restriction is in compliance with regulatory requirements and aims to protect traders in regions where the broker may not be adequately regulated.

In summary, Fxpn is a well-established Forex and CFD broker that offers a range of trading products and services. While it operates under CySEC regulation, potential clients should carefully consider the broker's offerings and conduct thorough research before engaging in trading activities.

Latest Reviews

家住海边喜欢浪

家住海边喜欢浪

Colombia

In general I think that FXPN is a competent broker! Yes, there are some deficiencies, such as the absence of MT5 and copy trading, as well as the somewhat low leverage... Well, we know that it never rains for everyone, there is no perfect broker for all clients, but for me FXPN is a good broker.

Positive

2022-11-21

FXPN Forex Broker has an overall rating of 1.54, Regulatory Index 0.00, License Index 0.00, Business Index 6.78, Software Index 4.37 Risk Control Index 0.00.