Score

6.47 /10
Average

FinPros

Cyprus

2-5 years

Regulated in Cyprus

Straight Through Processing(STP)

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Score

Regulatory Index5.50

Business Index5.85

Risk Management Index9.39

Software Index7.55

License Index5.76

Time Machine
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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Finquotes Financial (Cypus) Ltd

Company Abbreviation

FinPros

Platform registered country and region

Cyprus

Company website

Company summary

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FinPros · Company summary
FinPros Review Summary
Founded/
Registered Country/RegionCyprus
RegulationRegulated
Market InstrumentsCurrencies, Stocks, Metals, Energies and Indices
Demo Account/
LeverageUp to 1:30
Spread1.5 pips (ClassIQ account)
Trading PlatformMT5
Min Deposit$/€/£200
Customer SupportEmail: SupportPros@FinPros.eu
Phone: +357 25 261 361
Address: 6 Laiou Street, Anna City Court Block A, CY3015, Limassol, Cyprus

FinPros was founded by Finquotes Financial Ltd in Cyprus. It offers various trading assets, including Currencies, Stocks, Metals, Energies and Indices with spread from 0.0 pips and leverage up to 1:30 via the MT5 platform.

FinPros' homepage

Pros and Cons

Pros Cons
Various trading assetsLimited leverage
Popular MT5 platform No MT4
Regulated by CySECHigh minimum deposit

Is FinPros Legit?

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicensed Number
CySECCyprus Securities and Exchange CommissionStraight Through Processing (STP)418/22
Regulated by CySEC

What Can I Trade on FinPros?

Tradable Instruments Supported
Currencies
Stocks
Metals
Energies
Indices
Cryptos
ETFs

Account Type

FinPros offers four account types: Edge, Raw+, Vantage and ClassIQ.

Account TypeMinimum Deposit
Edge$/€/£1000
Raw+
Vantage
ClassIQ$/€/£200
Account comparison

Leverage

The leverage of FinPros is fixed at 1:30. The higher leverage can bring high profits, but also high losses. Traders should be calm when trading.

Spreads and Commissions

FinPros' spread varies depending on the accounts. The Edge account is 0.6 pips, Raw+ is 0.0 pips, Vantage is 1.6 pips and ClassIQ is 1.5 pips. Besides, the commission is from $3/lot per side.

Other Fees

Traders also need to pay currency conversion fees, overnight financing fees and inactivity fees.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4/Beginners
MT5Windows, IOS, Android, WebExperienced traders

Deposit and Withdrawal

FinPros accepts payments viaVISA, Mastercard, Maestro, wire transfer, SOFORT, Skrill, Neteller, and iDEAL. And there are no fees for deposits and withdrawals.

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User comment

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Comments

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Garcia Luca
more than one year
😁Well, I would say this: if you are an experienced trader looking to make some big gains, I recommend trading here. The trading circumstances are superb. I have no reason to complain.
😁Well, I would say this: if you are an experienced trader looking to make some big gains, I recommend trading here. The trading circumstances are superb. I have no reason to complain.
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2024-08-07 14:11
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FX1236186927
more than one year
FinPros is a scam broker! I regret ever using this broker following a lousy recommendation by someone I thought was trustworthy. My experience with this scam broker was a living hell; I tried withdrawing money from the account but was tossed from pillar to post for over 3 weeks without success.
FinPros is a scam broker! I regret ever using this broker following a lousy recommendation by someone I thought was trustworthy. My experience with this scam broker was a living hell; I tried withdrawing money from the account but was tossed from pillar to post for over 3 weeks without success.
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2023-02-21 16:20
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