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Patron FX -

Score

4.81 /10
Average

Patron FX

Cyprus

5-10 years

Regulated in Cyprus

Straight Through Processing(STP)

Suspicious Scope of Business

Medium potential risk

https://patronfx.com

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Regulatory Index3.51

Business Index7.96

Risk Management Index8.90

Software Index4.00

License Index3.51

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Patron FX · Company summary
Patron FXReview Summary
Founded2015-05-15
Registered Country/RegionCyprus
RegulationUnregulated
Market InstrumentsCFDs(on Forex/Commodities/Stocks/Indices/Cryptocurrencies)
Demo Account❌
LeverageUp to 1:400
SpreadFrom 1.6 PIPS
Trading PlatformWebTrader/CFDs trading platform(All versions)
Min Deposit€250
Customer SupportEmail: info@patronfx.com

Patron 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.

Patron FX Information

Pros and Cons

Pros Cons
Leverage up to 1:400Demo account unavailable
24/5 customer supportMT4/MT5 unavailable
RegulatedNo 24/7 customer support
Various tradable instruments
Commission free

Is 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.

Is Patron FX Legit?
Is Patron FX Legit?

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 BasicGoldPlatinumVIP
Spread as low as(EUR/USD)3.0 PIPS2.7 PIPS2.1 PIPS1.6 PIPS
LeverageUp to 1:400Up to 1:400Up to 1:400Up to 1:400
Minimum Deposit€250€25000€100000€250000

Patron 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 versions
CFDs trading platform✔All versions
Trading Platform
Trading Platform

Deposit 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.

Deposit and Withdrawal
Deposit and Withdrawal

User Reviews

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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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