PatronFXReview SummaryFounded2015Registered Country/RegionCyprusRegulationCySECMarket InstrumentsForex, commodities, stocks, indices, CFDs, and cryptocurrenciesDemo Account/LeverageUp to 1:400EUR/USD Spread3.0 pips (Basic account)Trading PlatformWeb Trader and Web mobileMin Deposit€250Customer Support24/5 supportEmail: info@patronfx.comAddress: Lemesou Avenue 71, 2nd Floor, 2121, Aglantzia, Nicosia, Cyprus Founded by Forex TB Limited in 2015, PatronFX provides many trading assets, including forex, commodities, stocks, indices, CFDs, and cryptocurrencies with leverage up to 1:400 and spread of 3.0 pips on the Basic account via Web Trader and Web mobile platforms. Additionally, it is regulated by CySEC. However, its minimum deposit is as high as €250.Pros and ConsPros Cons Regulated by CySECWide spreadsVarious trading assetsNo MT4 or MT5Multiple account typesHigh minimum depositNo commissionsPopular payment optionsNo deposit feesIs PatronFX Legit?Regulated Country Regulated Authority Current StatusRegulated Entity License TypeLicensed NumberThe Cyprus Securities and Exchange Commission (CySEC)RegulatedFOREX TB LtdStraight Through Processing (STP)272/15What Can I Trade on PatronFX? PatronFX provides more than 290 CFD assets, including Forex, commodities, stocks, indices, CFDs, and cryptocurrencies.Tradable Instruments Supported Forex✔Commodities✔Stocks ✔Indices ✔CFDs✔Cryptocurrencies ✔Bonds❌Options ❌ETFs❌Account Type PatronFX provides four account types: Basic, Gold, Platinum and VIP.Account TypeMin DepositBasic€250Gold€25,000Platinum€100,000VIP€250,000Leverage PatronFX's leverage is up to 1:400 for all account types, which is high, but you are always suggested to use leverage prudently since it amplies not only your gains, but also losses.Spread and CommissionAccount TypeSpreadCommissionBasic3.0 pips❌Gold2.7 pips❌Platinum2.1 pips❌VIP1.6 pips❌Account TypeBasicGoldPlatinumVIPEUR/USD3.0 pips2.7 pips2.1 pips1.6 pipsGBP/USD3.4 pips3.1 pips2.5 pips2.0 pipsUSD/JPY3.3 pips3.0 pips2.4 pips1.9 pipsCRUDE OIL$0.12$0.11$0.10$0.08Trading PlatformTrading PlatformSupported Available Devices Suitable for Web Trader ✔Web/Web mobile✔Mobile/MT4❌/BeginnersMT5❌/Experienced tradersDeposit and Withdrawal Deposit Options PatronFX supports deposits via credit/debit card, e-Wallets and wire transfer. The minimum deposit is €250 and there are no deposit fees. Withdrawal Options PatronFX supports withdrawal via wire transfer, credit cards, Skrill and Neteller.There is no minimum amount for withdrawals made to credit cards, Skrill or Neteller. However, minimum limits apply for withdrawals made by wire transfer: ₣100, $120, €100, £80, ₽7,000. Besides, withdrawal requests are processed within 24 business hours.Account TypeWithdrawalBasic1 Free WithdrawalGold1 Monthly Free WithdrawalPlatinum3 Monthly Free WithdrawalsVIP❌