Company profile
Patron FXReview SummaryFounded2015-05-15Registered Country/RegionCyprusRegulationUnregulatedMarket InstrumentsCFDs(on Forex/Commodities/Stocks/Indices/Cryptocurrencies)Demo Account❌LeverageUp to 1:400SpreadFrom 1.6 PIPSTrading PlatformWebTrader/CFDs trading platform(All versions)Min Deposit€250Customer SupportEmail: info@patronfx.comPatron FX Information Patron FX is a regulated broker. Trading access with PatronFX to more than 290 CFD assets, including top Forex pairs like EUR/USD, commodities like Gold, stocks from giants like Apple and Facebook, indices, and cryptocurrencies. The broker also provides basic, gold, platinum, and VIP accounts. The minimum spread is 1.6 pips and the minimum deposit is €250. However, risks cannot be completely avoided.Pros and ConsPros Cons Leverage up to 1:400Demo account unavailable24/5 customer supportMT4/MT5 unavailableRegulatedNo 24/7 customer supportVarious tradable instrumentsCommission freeIs Patron FX Legit? Patron FX is regulated by the Cyprus Securities and Exchange Commission with license number 272/15, making it much safer than unregulated brokers.What Can I Trade on Patron FX? Patron FX offers a wide range of market instruments, including CFDs on the major financial markets: Forex, Stocks, Indices, Commodities, and Cryptocurrencies.Tradable Instruments Supported Forex CFDs✔Commodities CFDs✔Stocks CFDs✔Indices CFDs✔Cryptocurrencies CFDs✔Account Type Patron FX has four account types: basic, gold, platinum, and VIP. Traders who want low spreads can choose a VIP account, while those with a small budget can open a basic account.Account Type BasicGoldPlatinumVIPSpread as low as(EUR/USD)3.0 PIPS2.7 PIPS2.1 PIPS1.6 PIPSLeverageUp to 1:400Up to 1:400Up to 1:400Up to 1:400Minimum Deposit€250€25000€100000€250000Patron FX Fees The spread is as low as 1.6 PIPS, the commission is 0. The lower the spread, the faster the liquidity.Leverage The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.Trading Platform Patron FX provides a propriety WebTradertrading platform available on desktop and mobile to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.Trading PlatformSupported Available Devices WebTrader✔All versionsCFDs trading platform✔All versionsDeposit and Withdrawal The minimum deposit is €250. Patron FX accepts PayByBank, Eps, Euteller, Bank Transfer, Giropay, Deal, MyBank, Neteller, PayPal, Przelewy, Rapio, Skrill, Sofort, Visa, and Mastercard for deposit and withdrawal. However, transfer processing times and associated fees are unknown.
FX1296817054
United Kingdom
Really good experience with Patron FX. Low spreads with prominent trading services and support from experts. I recommend this broker to everyone.
Neutral
2023-02-28