Score

3.98 /10
Danger

FXPN

Belarus

2-5 years

Regulated in Belarus

Retail Forex License

High potential risk

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Score

Regulatory Index5.50

Business Index6.83

Risk Management Index0.00

Software Index4.95

License Index3.92

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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

Leverate Capital Markets LLC

Company Abbreviation

FXPN

Platform registered country and region

Belarus

Company website

Company summary

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-09
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FXPN · Company summary
FXPNReview Summary
Founded2-5 years
Registered Country/RegionBelarus
RegulationRegulated
Market InstrumentsForex, Stocks, Precious Metals, Commodities, Indices&Crypto Currencies
Demo AccountNot mentioned
LeverageUp to 1:200
SpreadStart from 0.7 pips
Trading PlatformMT5&SIRIX Web Trader(iOS, Android, Desktop, Web & Mobile)
Min Deposit$200
Customer SupportPhone: +375 29 369 80 87
Email:complaints@fxpn.bysupport@fxpn.by
WhatsApp: +375 44 585 69 85

FXPN Information

FXPN is a regulated broker that provides a variety of trading instruments including forex, stocks, precious metals, commodities, indices, and cryptocurrencies. FXPN also offers a variety of account types including platinum, gold, and silver, and private training courses. In addition, FXPN sets a minimum spread of 0.7, a minimum deposit of $200, and a maximum leverage of 1:200.

FXPN Information

Pros and Cons

Pros Cons
RegulatedHigher deposit(start from $200)
MT4 availableCommissions unclear
Leverage up to 1:100Official website inaccessible
Various trading instruments: forex, stocks, precious metals, etc.
Multiple account types: platinum, gold, silver

Is FXPN Legit?

FXPN is regulated by the NBRB with license number 193295922.

Is FXPN Legit?

What Can I Trade on FXPN?

Forex, stocks, precious metals, commodities, indices, and cryptocurrencies are FXPN's tradable instruments.

Tradable Instruments Supported
Forex
Commodities
Stocks
Cryptocurrencies
Precious Metals
Indices
ETFs
Bonds
Mutual Funds
What Can I Trade on FXPN?

Account Type

According to different traders' conditions, FXPN launches 3 account types: platinum, gold, and silver. The minimum deposits for platinum, gold, and silver are $200, $10,000, and $50,000 respectively. The minimum spreads for the three accounts range from 0.7 to 1.8 pips, and the commissions range from 0.35% to 5%.

Account Type SilverGoldPlatinum
Minimum Deposit$200$10000$50000
Minimum Spread1.8 pips1.3 pips0.7 pips
Supported EAYesYesYes
Commission on Stocks0.5%0.4%0.35%
Private Training1 session4 sessions8 sessions
Account Type

FXPN Fees

The minimum spreads for platinum, gold, and silver are 1.8pips, 1.3pips, and 0.7pips respectively, while stock commissions are 5%, 4%, and 3.5% respectively.

Leverage

The highest leverage is 1:200, which means profits and losses are magnified 200 times.

Leverage

Trading Platform

MT4 and SIRIX Web Trader are FXPNs three trading platforms. MT4 and SIRIX Web Trader support iOS and Android versions. In addition, MT4 also supports Desktop, Web & Mobile versions.

Trading PlatformSupported Available Devices
MT4iOS, Android, Desktop, Web & Mobile
SIRIX Web TraderiOS, Android
Trading Platform
Trading Platform

Deposit and Withdrawal

FXPN's minimum deposit is $200. Deposits accept bank transfers, SWIT, electronic wallets, debit/credit cards, and other payment methods. The processing is within one working day after the relevant amount is settled in the bank account. Debit and credit cards like Visa, MasterCard, Switch, and Maestro in USD/EUR come with no fees or commissions and are processed instantly.

Deposit and Withdrawal

Customer Support Options

Traders can contact FXPN via phone, email, and WhatsApp.

Contact Options Details
Phone +375 29 369 80 87
Email complaints@fxpn.bysupport@fxpn.by
WhatsApp+375 44 585 69 85
Supported Language English
Website Language English
Physical Address 223050 Minsk region, Kolodischi, Minskaya St. 69a-2, office 34, Republic of Belarus.
Customer Support Options

User Reviews

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User comment

5

Comments

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CC87
more than one year
The platform seemed promising at first, but I've faced constant issues with withdrawals and unresponsive customer support. Definitely not a smooth experience.
The platform seemed promising at first, but I've faced constant issues with withdrawals and unresponsive customer support. Definitely not a smooth experience.
Translate to English
2024-08-16 13:53
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阿烁 ོ 、ʚ
more than one year
客户经理怎么联系啊
客户经理怎么联系啊
Translate to English
2023-01-30 15:12
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