
PatronFX
Updated : 2026/04/02
https://www.patronfx.com/eu/
PatronFX Review Summary

PatronFX is a Cyprus broker,Established in 2015,Regulated by Cyprus Securities and Exchange Commission,There were 2 regulatory disclosures in 2022、2024,Opening an account is easy and completely digital. You can choose from 4 account types,Customer service Support English,The influence of PatronFX is mainly distributed in Italy, with an average influence index of 4.35 and an overall rating of D,WikiFX Score gave PatronFX a score of 2.43.
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Pros and cons of PatronFX
Cons
There are Negative disclosure are exposed by regulators
The broker has a low WikiFX score
Will receive answers from most of the customers, but has a long waiting time
Key highlights of PatronFX
Cyprus
€250,000
1:400
Not supported
Supported
VIP、PLATINUM、GOLD、BASIC
PatronFX is regulated by Cyprus Securities and Exchange Commission and other financial institutions, PatronFX is based in Cyprus and was founded in 2015. Is PatronFX safe?
We strongly recommend that you check two things: how you are protected if something goes wrong and what the background of the broker is.
PatronFX is regulated by Cyprus Securities and Exchange Commission and other financial institutions, PatronFX is based in Cyprus and was founded in 2015. Is PatronFX safe?
We strongly recommend that you check two things: how you are protected if something goes wrong and what the background of the broker is.
The regulators of PatronFX are as follows
Forex brokers under regulators are relatively safer because they must follow the rules and requirements of regulators to ensure the safety of customers' transactions and funds.
By selecting a regulated forex broker, you can reduce the transaction risk and the capital risk you face at trades. Regulators regularly check whether forex brokers comply with relevant regulations to ensure that the services they provide are authentic and effective. Customers' rights and interests are protected, and account funds are independently stored in safe bank accounts.
Meanwhile, it should be noted that not all regulators are equally strict and professional. Some regulators may have fake supervision. Investors need to choose a forex broker with a good reputation and strict regulators to ensure the safety and reliability of transactions.
WikiFX has achieved real-time regulatory information monitoring through technologies such as big data technology and artificial intelligence machine learning.
In this period, PatronFX has been detected that there are 2 pieces of negative information disclosed by regulators. Details as follows:
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PatronFX's account opening is easy and completely digital. You can choose from 4 account types according to the minimum deposit, available trading platforms and trading varieties.
The specific account types of PatronFX are as follows:
PatronFX's account opening is easy and completely digital. You can choose from 4 account types according to the minimum deposit, available trading platforms and trading varieties.
The specific account types of PatronFX are as follows:
Accounts
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
VIP
--
€250,000
1:400
as low as EUR/USD1.6 GBP/USD2.0 USD/JPY1.9
0.00
Floating
--
--
Supported
Supported
Supported
PLATINUM
--
€100,000
1:400
as low as EUR/USD2.1 GBP/USD2.5 USD/JPY2.4
0.00
Floating
--
--
Supported
Supported
Supported
GOLD
--
€25,000
1:30
as low as EUR/USD2.7 GBP/USD3.1 USD/JPY3.0
0.00
Floating
--
--
Supported
Supported
Supported
BASIC
--
€250
1:30
as low as EUR/USD3.0 GBP/USD3.4 USD/JPY3.3
0.00
Floating
--
--
Supported
Supported
Supported
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PatronFX's customer service support 1 languages,You can contact them through Email and receive most of the relevant answers, but the waiting time might be longer.
You can contact PatronFX through following methods:
Language
Contact
Number
English
Email
info@patronfx.com
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The influence of PatronFX is mainly distributed in Italy, with an average influence index of 4.35 and an overall rating of D, details of which are as follows:
PatronFX's marketing strategy: Search source Google 80.75%、Others 12.50%、DuckDuckGo 6.41%、Image 0.34%.
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Comment
2 Comments
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All (2) Positive (1) Neutral (1)
The methodology and disclaimer of this test
The methodology and disclaimer of this test
WikiFX tests are based on reliable data and impartial information. Objective analysis based on fact-testing. We want to help you to find the appropriate broker for you, it can be a difficult process, but trust us, we will conduct fair analysis with the scientific, multi-dimensional, professional data model.
WikiFX tests are based on reliable data and impartial information. Objective analysis based on fact-testing. We want to help you to find the appropriate broker for you, it can be a difficult process, but trust us, we will conduct fair analysis with the scientific, multi-dimensional, professional data model.
We will pass
Security: Analyze the information disclosed by regulators, and analyze the protection and negative disclosure information you will get from brokers.
Trading environment: the actual measurement of the trading environment with multiple data samples, and the scientific data model evaluation report.
Account Opening: We provide you with accurate account information, carefully study the account types available for the account opening process, and whether a minimum deposit is required.
Trading software: A real trading software platform for trading experience, generating a fair experience report.
Product portfolio: The number of markets that brokers provide you and the types of products they provide can effectively prove the market capabilities of brokers.
Customer Service: Our team members personally test customer support channels to understand the customer service of traders, and display the specific contact information of customer service.
Disclaimer:
WikiFX report data is for analysis and reference only. No substantial guarantees are made for your investment and transactions.
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U. of 2006, No. 157, item 1119, as amended) came into force. The new regulator took over the duties of the Insurance and Pension Funds Supervision Commission and the Polish Securities and Exchange Commission, which were abolished by the said Act. As of January 1st 2008, the PFSA took over the duties of the Commission for Banking Supervision.\nThe main task of PFSA is to ensure the orderly functioning and safe development of the financial market. Meanwhile, the vision is to provide a safe financial market for all participants. In regard to this, PFSA have taken active action, such as using the most modern technologies to manage information and knowledge as well as provide a high level of trust among supervised entities and stakeholders in the financial market. \"","banner":"https://img.souhei.com.cn/bg/637983341688213024/FXR637983341688213024_648582.jpg_wiki-template-global","bannerV2":"https://img.souhei.com.cn/bg/637983341688213024/FXR637983341688213024_648582.jpg_wiki-template-global","code":"2061639906","country":"PL","bgColor":"#2E5299","regulatorColor":"#CBD7EE"},"DisclosureDetail":[{"CategoryName":"Unauthorized","Reason":null,"RegId":"202404221012555095","Content":"Forex TB Ltd. (www.patronfx.com)\tThe entity is not registered in Poland\tRegional Prosecutor’s Office in Warsaw\t\tProceedings in respect of an act punishable under Article 178 of the Act on trading in financial instruments. The Chair of the KNF Board joined the proceedings initiated by another entity.","Title":"List of the KNF's public warnings","category":"2","RegTime":"2024-04-22T00:00:00","RuleName":"Website matching","Tag":{"TagName":"Danger","Color":"#DA541E","Category":"2","Language":"en","Logo":"https://img.zy223.com/test/bg/638017088619412830/FXR638017088619412830_632593.png_wiki-template-global"},"CreateTime":"2024-04-22T10:12:55","wiki_timestamp":1713744000000}]},{"RegInfo":{"fullName":"Cyprus Securities and Exchange Commission","ShortName":"CYSEC","ico":"https://eimgjys.fxeyee.com/ico/1962610743/FXR_1962610743_100x100_15354.png_wiki-template-global","hico":"https://eimgjys.fxeyee.com/hico/1962610743/FXR_1962610743_100x100.png_wiki-template-global","logo":"https://eimgjys.fxeyee.com/logo/1962610743/FXR_1962610743_400x226.png_wiki-template-global","flag":"https://img.souhei.com.cn/flag/10729ed4da8c3d3f/196.png_wiki-template-global","desc":"The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.","banner":"https://img.souhei.com.cn/bg/638049700211726174/FXR638049700211726174_820177.jpg_wiki-template-global","bannerV2":"https://img.souhei.com.cn/bg/638049700211726174/FXR638049700211726174_820177.jpg_wiki-template-global","code":"1962610743","country":"CY","bgColor":"#2E5299","regulatorColor":"#CBD7EE"},"DisclosureDetail":[{"CategoryName":"Fine","Reason":"CySEC, under article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009, has the power to reach a settlement for any violation or possible violation, act or omission for which there is reasonable ground to believe that it took place in violation of the provisions of CySEC’s supervised legislation. ","RegId":"202211110934334218","Content":"30 June 2022\n CYSEC Board Decision\nAnnouncement date: 30.06.2022 Board decision date: 23.05.2022\nRegarding: Forex TB Ltd\nLegislation: Τhe Investment Services and Activities and Regulated Markets Law,\nDI 144-2014-14\nSubject: Settlement €270.000\nJudicial Review: N/A Judicial Review Ruling: N/A\nThe Cyprus Securities and Exchange Commission (“the CySEC”) would like to note the\nfollowing:\nCySEC, under article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009,\nhas the power to reach a settlement for any violation or possible violation, act or omission\nfor which there is reasonable ground to believe that it took place in violation of the\nprovisions of CySEC’s supervised legislation.\nA settlement has been reached with the CIF Forex TB Ltd (“the Company”) for possible\nviolations of the Investment Services and Activities and Regulated Markets Law of 2017 (“the\nLaw”) the Directive DI144-2014-14 of the Cyprus Securities and Exchange Commission for\nthe Prudential Supervision of Investment Services Firms (“the DI144-2014-14”). More\nspecifically, the investigation for which the settlement was reached, involved assessing the\nCompany’s compliance, for the period of April 2020 to December 2021, following its internal\nauditors report of April 2020 and other information examined, with regard tο:\n1. Article 5(1) of the Law regarding the requirement for CIF authorisation.\n2. Article 22(1) of the Law, as to the authorisation conditions laid down in articles 17(2) και\n17(5)(a) of the said Law, regarding the organisational requirements with which a CIF is\nrequired to comply.\n3. Article 24(1) of the Law regarding conflicts of interest.\n4. Article 25, sections (1) and (3), of the Law regarding the general principles and\ninformation addressed to clients.\n5. Article 26, sections (1) and (3)(a), of the Law, regarding the assessment of suitability and\nappropriateness and reporting to clients.\n2\n6. Paragraph 21(g) of the Directive DI144-2014-14 regarding the variable elements of\nremuneration.\nThe settlement reached with the Company, for the possible violations, is for the amount of\n€270.000, which the Company has already paid.\nIt is noted that the amounts due to settlement agreements are calculated as revenue\n(income) to the Treasury of the Republic and do not constitute income of CySEC.","Title":"CYSEC Board Decision","category":"3","RegTime":"2022-06-30T00:00:00","RuleName":"Website matching","Tag":{"TagName":"Sanction","Color":"#9B273A","Category":"3","Language":"en","Logo":"https://img.zy223.com/test/bg/638017088565349598/FXR638017088565349598_235021.png_wiki-template-global"},"CreateTime":"2022-11-11T09:34:34","wiki_timestamp":1656547200000}]}]}},"openAccount":{"openAccountInfo":[{"accountName":"VIP","transactionType":null,"enterCondition":"€250,000","maxLever":"1:400","mainSpread":"as low as EUR/USD1.6 GBP/USD2.0 USD/JPY1.9 ","outStockRatio":"0.00","spreadType":"Floating","minCash":null,"allowLockPosition":true,"allowScalping":true,"allowEATransaction":true,"cryptocurrencyName":""},{"accountName":"PLATINUM","transactionType":null,"enterCondition":"€100,000","maxLever":"1:400","mainSpread":"as low as EUR/USD2.1 GBP/USD2.5 USD/JPY2.4 ","outStockRatio":"0.00","spreadType":"Floating","minCash":null,"allowLockPosition":true,"allowScalping":true,"allowEATransaction":true,"cryptocurrencyName":""},{"accountName":"GOLD","transactionType":null,"enterCondition":"€25,000","maxLever":"1:30","mainSpread":"as low as EUR/USD2.7 GBP/USD3.1 USD/JPY3.0 ","outStockRatio":"0.00","spreadType":"Floating ","minCash":null,"allowLockPosition":true,"allowScalping":true,"allowEATransaction":true,"cryptocurrencyName":""},{"accountName":"BASIC","transactionType":null,"enterCondition":"€250","maxLever":"1:30","mainSpread":"as low as EUR/USD3.0 GBP/USD3.4 USD/JPY3.3 ","outStockRatio":"0.00","spreadType":"Floating","minCash":null,"allowLockPosition":true,"allowScalping":true,"allowEATransaction":true,"cryptocurrencyName":""}],"accountTypeCount":4},"tradeEnv":{"TotalDescribe":null,"name":null,"logo":null,"Grade":null,"SpeedGrade":null,"FastestSpeed":null,"FastestSpeed_Open":null,"FastestSpeed_Close":null,"SlowestSpeed":null,"SlowestSpeed_Open":null,"SlowestSpeed_Close":null,"SpeedOverRate":null,"SlipGrade":null,"AveSlip":null,"MaxSlip":null,"MaxSlip_Positive":null,"MaxSlip_Negative":null,"SlipOverRate":null,"CostGrade":null,"AveCost_wh":null,"AveCost_xau":null,"CostOverRate":null,"SwapGrade":null,"AveLongSwap_wh":null,"AveShortSwap_wh":null,"AveLongSwap_xau":null,"AveShortSwap_xau":null,"SwapOverRate":null,"OffLineGrade":null,"AveReconnectNum":null,"AveReconnectTime":null,"OffLineOverRate":null,"AveSpeed":null,"SpeedDescribe_new":null,"SpeedDescribefast_new":null,"SpeedDescribefastopen_new":null,"SpeedDescribefastclose_new":null,"SpeedDescribeslow_new":null,"SpeedDescribeslowopen_new":null,"SpeedDescribeslowclose_new":null,"SlipDescribe_new":null,"SlipDescribemax_new":null,"SlipDescribemax1_new":null,"SlipDescribemax2_new":null,"CostDescribe_new":null,"CostDescribe1_new":null,"CostDescribe2_new":null,"SwapDescribe_new":null,"SwapDescribe1_new":null,"SwapDescribe2_new":null,"OffLineDescribe_new":null,"color":null,"DayTime":null,"TotalTraders":null,"Totalcount":null,"totalbanlance":null,"Sort":null,"SpeedSort":null,"SlipSort":null,"CostSort":null,"SwapSort":null,"OffLineSort":null,"SpeedDescribe":null,"SpeedDescribefast":null,"SpeedDescribefastopen":null,"SpeedDescribefastclose":null,"SpeedDescribeslow":null,"SpeedDescribeslowopen":null,"SpeedDescribeslowclose":null,"SlipDescribe":null,"SlipDescribemax":null,"SlipDescribemax1":null,"SlipDescribemax2":null,"CostDescribe":null,"CostDescribe1":null,"CostDescribe2":null,"SwapDescribe":null,"SwapDescribe1":null,"SwapDescribe2":null,"OffLineDescribe":null,"TotalBrokers":null},"softwareInfo":null,"customerService":{"content":"{brokers name}'s customer service support 1 languages,You can contact them through Email and receive most of the relevant answers, but the waiting time might be longer.","customerServiceDetail":[{"LanguageName":"English","TraderInvestType":3,"TypeName":"Email","Content":"info@patronfx.com"}]},"influenceInfo":{"content1":"The influence of {brokers name} is mainly distributed in Italy, with an average influence index of 4.35 and an overall rating of D, details of which are as follows:","content2":"{brokers name}'s marketing strategy: Search source Google 80.75%、Others 12.50%、DuckDuckGo 6.41%、Image 0.34%."},"exposure":{"total":0,"items":[]},"comment":{"Total":2,"CommentTotal":2,"AveageScore":4,"Items":[{"CommentId":"Co202302173271342605","OriginTitle":null,"OriginContent":"My friend told me that CYSEC is not a reliable regulator. Maybe it used to be, but now it's not so strict. Some scam companies are still under its supervision. To be on the safe side, I would not choose this company.","TranslateTitle":"","TranslateContent":"My friend told me that CYSEC is not a reliable regulator. Maybe it used to be, but now it's not so strict. Some scam companies are still under its supervision. To be on the safe side, I would not choose this company.","CountryCode":"036","CountryName":"Australia","Flag":"https://img.souhei.com.cn/flags/036.png_wiki-template-global","ShareUrl":"https://apphtml.0067.cc/mobile/trader?code=5931203373&languageCode=en&countryCode=840","ShowTime":"2023-02-17T08:02:27","UpdateTime":"0001-01-01T00:00:00","TraderCode":"5931203373","SubjectCode":null,"ShowTimeTimestamp":1676620947,"ShowTimeTimestampMs":1676620947000,"TraderInfo":{"code":"5931203373","name":"PatronFX","ico":"https://eimgjys.fxeyee.com/ico/5931203373/FXT5931203373_698953.png_wiki-template-global","type":1,"project":0},"ApplaudCount":0,"StepUpCount":0,"ForwardCount":0,"ViewCount":1730,"IsApplaud":0,"IsStepUp":0,"Images":[],"UserId":"1245432650","IsCloud":0,"CloudIcon":null,"RegisteredTime":"more than one year","RegisteredDuration":null,"UserName":"南山南7422","Avatar":"https://img.souhei.com.cn//thirdparty/1245432650/1245432650_36407.png_wiki-template-global","IsKOL":false,"RoleName":"IB","IsImage":0,"IsReply":0,"IsTopping":false,"ReplyCount":0,"LanguageCode":"en","TransLanguageCode":null,"CommentStatus":200,"StasticId":null,"CommentScore":2,"CommentType":1,"FeedBack":"","sumtotal":0,"IsOldData":false,"ForwardCommentId":null,"ReplyContent":null,"ReplyCommentId":null},{"CommentId":"Co202302163181746883","OriginTitle":null,"OriginContent":"Spreads offered by Patron FX are wide, with eur/usd pair starts from 3.0 pips… \nAlso insanely high minimum deposit requirements, with a Gold account from 25,000 euros… these scare me so much😂","TranslateTitle":"","TranslateContent":"Spreads offered by Patron FX are wide, with eur/usd pair starts from 3.0 pips… \nAlso insanely high minimum deposit requirements, with a Gold account from 25,000 euros… these scare me so much😂","CountryCode":"704","CountryName":"Vietnam","Flag":"https://img.souhei.com.cn/flags/704.png_wiki-template-global","ShareUrl":"https://apphtml.0067.cc/mobile/trader?code=5931203373&languageCode=en&countryCode=840","ShowTime":"2023-02-16T09:41:23","UpdateTime":"0001-01-01T00:00:00","TraderCode":"5931203373","SubjectCode":null,"ShowTimeTimestamp":1676540483,"ShowTimeTimestampMs":1676540483000,"TraderInfo":{"code":"5931203373","name":"PatronFX","ico":"https://eimgjys.fxeyee.com/ico/5931203373/FXT5931203373_698953.png_wiki-template-global","type":1,"project":0},"ApplaudCount":0,"StepUpCount":0,"ForwardCount":0,"ViewCount":1900,"IsApplaud":0,"IsStepUp":0,"Images":[],"UserId":"1211379879","IsCloud":0,"CloudIcon":null,"RegisteredTime":"more than one year","RegisteredDuration":null,"UserName":"Z 。","Avatar":"https://img.souhei.com.cn//thirdparty/1211379879/1211379879_53961.png_wiki-template-global","IsKOL":false,"RoleName":"Participants","IsImage":0,"IsReply":0,"IsTopping":false,"ReplyCount":0,"LanguageCode":"en","TransLanguageCode":null,"CommentStatus":200,"StasticId":null,"CommentScore":5,"CommentType":1,"FeedBack":"","sumtotal":0,"IsOldData":false,"ForwardCommentId":null,"ReplyContent":null,"ReplyCommentId":null}]},"traderCode":"5931203373","code":"5931203373"}
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