Patron FX

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.

Pros and Cons

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.

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.

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.

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.

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.