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Patria Finance foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.patria-direct.cz/en, about the company's legal and temporary regulatory information, the company's address Výmolova 353/3, 150 27 Prague 5.

Patria Finance Forex Broker

Basic Information

Registered Region
Czech Republic
Operating Period
--
Company Name
Patria Finance
Abbreviation
Patria Finance
Company employee
--
Customer Service Email Address
patria@patria.cz
Contact Number
+420221424240
Company address
Výmolova 353/3, 150 27 Prague 5
Keywords
5-10 years
Suspicious Regulatory License
Self-developed
Suspicious Scope of Business
High potential risk

Company profile

Patria Finance Review SummaryFounded1996Registered Country/RegionCzech RepublicRegulationNo RegulationMarket InstrumentsStocks, Funds, ETFs, Commodities, Derivatives, BondsDemo Account✅Trading PlatformsWebTrader, MobileTrader, IndigoMinimum Deposit/Customer SupportContact formPhone: (+420) 221 424 240Email: patria@patria.czAddress: Výmolova 353/3, 150 27 Prague 5 Patria Finance is an unregulated financial firm established in the Czech Republic in 1996. It offers various market instruments, including stocks, funds, ETFs, commodities, derivatives, and bonds. The firm provides a demo account and supports trading through WebTrader, MobileTrader, and Indigo platforms.Pros and ConsPros Cons Demo accounts availableNo regulationA wide range of trading productsLimited info on accountsDiverse trading platformsMultiple customer support channelsIs Patria Finance Legit? At present, Patria Finance lacks valid regulation. It seems that its domain was registered in 1996, but the current status is unknown. Please pay high attention to the safety of your funds if you choose this broker.What Can I Trade on Patria Finance? On Patria Finance, you can trade with Stocks, Funds, ETFs, Commodities, Derivatives, and Bonds.Trading InstrumentsSupportedStocks✔Funds✔ETFs✔Commodities✔Derivatives✔Bonds✔Forex❌Indices❌Cryptocurrencies❌Options❌ Fees There is a pdf file (https://cdn.patria.cz/Sazebnik-PD.en.pdf) on their website describing the detailed fee structure which you can refer to.Trading PlatformTrading PlatformSupported Available Devices WebTrader, Indigo✔/MobileTrader✔App Store, Google play

Rating Index

How to login to Patria Finance?
Patria Finance Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Patria Finance Account To start your journey with Patria Finance, you need to register for an account. This process is straightforward and can be complet

  

Patria Finance Broker - Complete Information Guide

  

1. Overview of the Broker

  Patria Finance, a.s., established in 1994, is a prominent financial services provider headquartered in Prague, Czech Republic. The company operates as a private entity and has carved a niche in the financial markets, focusing primarily on investment banking, corporate finance, institutional brokerage, and retail brokerage services. Patria Finance serves a diverse clientele, including individual investors, institutional clients, and corporate entities, providing access to a wide array of financial products and services.

  Over the years, Patria Finance has achieved significant milestones, positioning itself as one of the leading players in the Czech capital market and the broader Central and Eastern European (CEE) region. The firm has developed a robust reputation for its commitment to client relations, transparency, and financial expertise. As a part of the KBC Group, Patria Finance benefits from the resources and stability of a larger financial institution, enhancing its service offerings and operational capabilities.

  Patria Finance operates primarily in the retail forex market but also provides services to institutional clients, including asset management and brokerage services. This dual focus allows the broker to cater to various market segments effectively, making it a versatile choice for traders and investors alike.

  

2. Regulatory and Compliance Information

  Patria Finance is regulated by the Czech National Bank (CNB), which is regarded as a top-tier regulatory authority in the European financial landscape. The regulatory number assigned to Patria Finance is 26455064, ensuring that the broker adheres to strict compliance standards set forth by the CNB. The firm's regulatory license encompasses a range of financial services, including brokerage and investment advisory.

  The company is committed to maintaining high standards of client fund protection. It implements a segregation policy, ensuring that clients' funds are kept separate from the broker's operational funds. This practice is crucial for safeguarding client assets in the event of financial difficulties faced by the broker.

  Moreover, Patria Finance participates in investor compensation schemes, which provide an additional layer of security for clients' investments. The firm adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all clients are properly verified and that transactions are monitored for suspicious activity.

  

3. Trading Products and Services

  Patria Finance offers a comprehensive range of trading products, catering to various investment strategies and preferences. The broker provides access to over 30 major currency pairs, including popular choices such as EUR/USD, GBP/USD, and USD/JPY. In addition to forex trading, Patria Finance offers a variety of Contract for Difference (CFD) products, covering asset classes such as:

  • Indices: Major global indices like the S&P 500, DAX, and FTSE 100.
  • Commodities: Trading options on gold, silver, oil, and agricultural products.
  • Stocks: Access to shares from leading companies across various sectors.
  • Cryptocurrencies: A selection of popular cryptocurrencies for trading.

  The broker is known for its regular updates to its product offerings, ensuring that clients have access to the latest market trends and investment opportunities. Retail clients benefit from tailored trading services, while institutional clients can access advanced trading solutions and bespoke services.

  

4. Trading Platform and Technology

  Patria Finance supports the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing clients with a robust and user-friendly trading experience. These platforms are equipped with advanced charting tools, a variety of technical indicators, and automated trading capabilities.

  In addition to the MetaTrader platforms, Patria Finance offers a proprietary web-based trading platform that allows clients to trade seamlessly from any device with internet access. The broker also provides mobile applications for both iOS and Android, enabling traders to manage their accounts and execute trades on the go.

  Patria Finance employs an ECN (Electronic Communication Network) execution model, ensuring fast and transparent trade execution. The broker's servers are strategically located to optimize trading speeds and minimize latency, further enhancing the trading experience. API access is also available, allowing clients to integrate automated trading systems and custom trading solutions.

  

5. Account Types and Trading Conditions

  Patria Finance offers a variety of account types to cater to different trading needs. The standard account typically requires a minimum deposit, with competitive spreads and commissions. For more experienced traders, the broker provides VIP and professional accounts, which come with enhanced features and lower trading costs.

  Additionally, Patria Finance offers Islamic accounts compliant with Sharia law, allowing Muslim traders to engage in trading without incurring interest charges. The broker also provides demo accounts, enabling new traders to practice their strategies without financial risk.

  The leverage offered by Patria Finance varies depending on the product, with forex trading typically allowing higher leverage ratios. The minimum trade size is generally set at 0.01 lots, accommodating both novice and experienced traders. The broker has transparent policies regarding overnight fees, ensuring clients are aware of any costs associated with holding positions overnight.

  

6. Fund Management

  Patria Finance supports a range of deposit methods, including bank transfers, credit cards, and electronic wallets. Depending on the account type, the minimum deposit requirements may vary. The broker processes deposits quickly, with most transactions completed within a few hours.

  There are generally no deposit fees associated with funding accounts, and clients can expect clear information regarding any potential costs. Withdrawal methods mirror the deposit options, and clients are advised of any withdrawal limits or fees that may apply.

  Withdrawal processing times are typically swift, with most requests being handled within 1-3 business days. Patria Finance maintains a transparent fee structure for withdrawals, ensuring clients are informed of any applicable charges before initiating a transaction.

  

7. Customer Support and Educational Resources

  Patria Finance prides itself on providing excellent customer support. Clients can reach the support team through various channels, including phone, email, live chat, and social media. The support service operates during business hours, accommodating clients across different time zones.

  The broker offers multi-language support, catering to a diverse client base. Educational resources are abundant, including webinars, tutorials, and eBooks designed to enhance traders' knowledge and skills. Market analysis services are also provided, featuring daily market updates, news, and comprehensive research reports.

  In addition to educational materials, Patria Finance offers several trading tools, such as calculators, economic calendars, and signal services, to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  Patria Finance primarily serves clients in the Czech Republic and the broader Central and Eastern European region. The broker has established offices in key locations, providing localized support and services to its clients.

  However, Patria Finance does not accept clients from certain jurisdictions, including countries where local regulations prohibit the provision of financial services. Specific restrictions apply to clients from regions identified as high-risk or non-compliant with international financial regulations.

  In summary, Patria Finance broker stands out as a reliable and comprehensive financial services provider, catering to a wide array of trading needs while adhering to stringent regulatory standards. With its diverse product offerings, advanced trading platforms, and exceptional customer support, Patria Finance continues to be a preferred choice for traders in the competitive financial market landscape.

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Latest Reviews

天空的云朵

天空的云朵

New Zealand

I recently visited the Patria Finance website and was disappointed to see how outdated and unprofessional it looked. The website was very basic and unappealing, and it made it difficult for me to trust the company. The appearance and functionality of their website can be a good indicator of their professionalism and ability to provide quality services.

37130

2023-03-24

Patria Finance Forex Broker has an overall rating of 1.68, Regulatory Index 0.00, License Index 0.00, Business Index 7.32, Software Index 4.86 Risk Control Index 0.00.
Patria Finance