FinPros

FinPros Information

FinPros operates as a trading platform registered in Cyprus. It is regulated by CySEC (Cyprus Securities and Exchange Commission) for onshore activities and by the FSA (Financial Services Authority) for offshore operations. The platform offers access to a wide range of market instruments, including forex, stocks, metals, energies, and indices. Trading is conducted on the MT5 platform, with leverage up to 1:30 and spreads starting at 0 pips.

Notably, the platform has regional restrictions, excluding jurisdictions outside the European Economic Area (EEA) and residents of Belgium.

Pros and Cons

Is FinPros Legit?

FinPros is currently regulated by the Cyprus Securities and Exchange Commission (CySEC) and holds a Straight Through Processing (STP) License (No. 418/22). However, it is also offshore-regulated by the Seychelles Financial Services Authority, which introduces additional risks to its operations.

What Can I Trade on FinPros?

FinPros claims to provide a variety of market instruments, including Forex, stocks, metals, energies, and indices.

Account Type

FinPros provides four types of trading accounts: Edge, Raw+, Vantage, and ClassiQ. Notably, the minimum deposit requirement for each account is the same amount but available in three different currencies. For example, the ClassiQ account requires a minimum deposit of $200, €200, or £200.

Leverage

FinPros offers a leverage of up to 1:30 for all account levels. Please note that high leverage can amplify not only profits but also losses.

Fees

FinPros offers variable spreads based on different account classes.

In terms of fees, for Raw+ accounts, FinPros charges a commissionthat starts from $3/lot per side.

Trading Platform

For the trading platform, FinPros provides traders with the popular MT5 (MetaTrader 5).

Deposit and Withdrawal

Here are all the payment options available on this platform: Visa Secure, Mastercard, Maestro, Wire Transfer, SOFORT, Skrill, Neteller, and iDEAL.