PatronFX-Some Important Points about the Broker

WikiFX | 2026-04-20 22:32

Ikhtisar：　　CySEC has given Forex TB Ltd. permission to run PatronFX since 2015. The company is based in Cyprus. The broker lets you trade CFDs on more than 270 assets, such as forex, indices, stocks, and cryptocurrencies. It has different account levels with flexible terms and conditions, and it mainly works in the EU and Switzerland.

PatronFX Review Summary
Founded	2015
Registered Country/Region	Cyprus
Regulation	CySEC
Market Instruments	Forex, Commodities, Indices, Shares, Cryptocurrencies
Demo Account	✅
Leverage	Up to 1:30 (retail clients)/ 1:400 (pro clients)
EUR/USD Spread	3.0 pips (Basic account)
Trading Platform	WebTrader, Mobile Web
Minimum Deposit	€250
Customer Support	Phone: +357 22266707
	Email: compliance@forextb.com
	Address: Lemesou Avenue 138, 2nd Floor, Office 108, 2015 Strovolos, Nicosia, Cyprus

PatronFX Information

CySEC has given Forex TB Ltd. permission to run PatronFX since 2015. The company is based in Cyprus. The broker lets you trade CFDs on more than 270 assets, such as forex, indices, stocks, and cryptocurrencies. It has different account levels with flexible terms and conditions, and it mainly works in the EU and Switzerland.

Pros and Cons

Pros	Cons
CySEC regulated	Limited to EU + Switzerland
Various trading instruments	Wide spreads
Multiple account types	High minimum deposit
Free withdrawals for higher-tier accounts	No live chat support

Is PatronFX Legit?

Yes, PatronFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 272/15.

Regulated by	Cyprus Securities and Exchange Commission (CySEC)
Licensed Institution	Forex TB Ltd
Current Status	Regulated
License Type	Straight Through Processing (STP)
License Number	272/15

What Can I Trade on PatronFX?

PatronFX provides over 270 CFD instruments, including major and minor forex pairs, popular commodities, indices, stocks, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

PatronFX offers 4 types of real accounts and one demo account.

Account Type	Minimum Deposit
Basic	€250
Gold	€25,000
Platinum	€100,000
VIP	€250,000

Leverage

Client Type	Maximum Leverage
Retail	1:30
Professional	1:400

Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.

PatronFX Spreads

PatronFXs trading fees are higher than average for the Basic accounts but become more competitive with larger deposits.

Account Type	Basic	Gold	Platinum	VIP
EUR/USD	3.0 pips	2.7 pips	2.1 pips	1.6 pips
GBP/USD	3.4 pips	3.1 pips	2.5 pips	2.0 pips
USD/JPY	3.3 pips	3.0 pips	2.4 pips	1.9 pips
Crude Oil	$0.12	$0.11	$0.10	$0.08

Trading Platform

PatronFX provides its WebTrader and Mobile Web App for users.

Trading Platform	Supported	Available Devices	Suitable for
WebTrader	✔	Desktop, Web	/
Mobile Web App	✔	iOS, Android	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders