Score

4.80 /10
Average

Patron FX

Regulated in Cyprus

Straight Through Processing(STP)

Medium potential risk

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Score

Regulatory Index3.51

Business Index7.94

Risk Management Index8.90

Software Index4.00

License Index3.51

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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

ForexTB LTD Trademark

Company Abbreviation

Patron FX

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2024-11-15
  • The current information shows that this broker does not have a trading software. Please be aware!

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Patron FX · Company summary

General Information

Patron FX is a broker operated by Forex TB Limited, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (CYSEC). Patron FX engages in providing investors with various financial products and services.

Market Instruments

Patron FX offers clients 7 CFD categories: Stocks, Indices, Commodities, ETFs, Cryptocurrencies, Forex.

Accounts & Leverage

There are four kinds of account types for investors to choose from at Patron FX, namely Basic (minimum deposit of €250), Gold (minimum deposit of €25,000), Platinum (minimum deposit of €100,000) and VIP (minimum deposit of €250,000). The maximum leverage is up to 1:30 for retail clients and up to 1:400 for professional clients.

Spreads

- Basic: EUR/USD from 3.0 pips, GBP/USD from 3.4 pips, USD/JPY from 3.3 pips

- Gold: EUR/USD from 2.7 pips, GBP/USD from 3.1 pips, USD/JPY from 3.0 pips

- Platinum: EUR/USD from 2.1 pips, GBP/USD from 2.5 pips, USD/JPY from 2.4 pips

- VIP: EUR/USD from 1.6 pips, GBP/USD from 2.0 pips, USD/JPY from 1.9 pips

Trading Platform Available

Patron FX offers CFDs trading platforms, the MetaTrader 4 and the WebTrader, available in all devices.

Deposit & Withdrawal

Clients may deposit funds through credit/debit card, e-Wallets and wire transfer. Withdrawal charges vary with the type of account you have. For VIP account holders every withdrawal is free. Platinum account holders can make 3 withdrawals for free each month. Gold account members can make one withdrawal for free each month. Basic account holders can make one withdrawal for free, with charges each time you withdraw from then on. There are no deposit fees charged to the client. Payment methods may vary depending on client's region.

Accepted Countries

Patron FX offers services within the European Economic Area (excluding Belgium) and Switzerland.

Customer Support

If clients have any questions or concerns, please call +357 2 526 2681 or email info@patronfx.com for consultation.

User Reviews

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User comment

4

Comments

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FX1296817054
more than one year
Really good experience with Patron FX. Low spreads with prominent trading services and support from experts. I recommend this broker to everyone.
Really good experience with Patron FX. Low spreads with prominent trading services and support from experts. I recommend this broker to everyone.
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2023-02-28 17:32
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FX1048710259
more than one year
He estado operando con esta empresa durante 2 meses y hasta ahora estoy satisfecho y continuaré operando. ¡Puedo operar con los instrumentos financieros que me gustan! Además, los diversos recursos educativos que proporcionaron también me ayudaron mucho.
He estado operando con esta empresa durante 2 meses y hasta ahora estoy satisfecho y continuaré operando. ¡Puedo operar con los instrumentos financieros que me gustan! Además, los diversos recursos educativos que proporcionaron también me ayudaron mucho.
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2022-11-27 09:57
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