FXPN Forex Broker

FXPNReview SummaryFounded5-10 yearsRegistered Country/RegionCyprusRegulationRevokedMarket InstrumentsForex/Commodities/Stocks/Cryptocurrencies/Indices/Precious metalsDemo Account❌LeverageUp to 1:100SpreadFrom 0.7 pipsTrading PlatformMT4(Desktop/Web/Mobile(iOS/Android))Min Deposit€/$ 200Customer SupportPhone: +375 29 369 80 87WhatsApp: +375 44 585 69 85Email: complaints@fxpn.byEmail: support@fxpn.byFXPN Information FXPN is a broker. The tradable instruments with a maximum leverage of 1:100 include forex, commodities, stocks, cryptocurrencies, indices, and precious metals. The broker also provides three accounts. The minimum spread is from 0.7 pips and the minimum deposit is €/$ 200. FXPN is still risky due to its revoked status.Pros and ConsPros Cons Leverage up to 1:100RevokedVarious tradable instrumentsNo withdrawal processing informationMT4 availableNo Islamic accountsSpread from 0.7 pipsNo 24/7 customer supportIs FXPN Legit? CySEC regulates FXPN with license number 160/11. However, the 'revoked' current status is not as safe as the regulated one.What Can I Trade on FXPN? FXPN offers various market instruments, including forex, commodities, stocks, cryptocurrencies, indices, and precious metals.Tradable Instruments Supported Forex✔Commodities✔Stocks✔Cryptocurrencies✔Indices✔Precious Metals✔Shares❌ETFs❌Bonds❌Mutual Funds❌Account Type FXPN has three account types: silver, gold, and platinum. Traders who want low spreads can choose a platinum account, while those with a small budget can open a silver account. Everyone can also earn money by copying the success of top traders.Account Type SilverGoldPlatinumMin. Deposit €/$/£2001000050000Spread from1.81.30.7Commission on stocks0.5%0.4%0.35%FXPN Fees The spread is 0.7 pips, and the commission on stocks is 0.35%. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.Trading Platform FXPN cooperates with the authoritative MT4 trading platform, which is available on desktop, web, and mobile (iOS and Android) versions. Junior traders prefer MT4 over MT5, as MT4 provides various trading strategies and implements EA systems. Traders can also access the Sirix web and mobile versionsTrading PlatformSupported Available Devices Suitable for MT4✔Desktop/Web/Mobile(iOS/Android)Junior tradersSirix✔Web/MobileAll tradersDeposit and Withdrawal The first deposit amount must be €/$/£ 200 or above. FXPN accepts bank transfers, Swift, E-wallet, debit/credit cards, etc. for deposit and withdrawal. However, transfer processing times and associated fees are unknown.