Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

FXPN

Cyprus|2-5 years|
Regulated in Cyprus|Suspicious Regulatory License|White label MT4|Regional Brokers|Cyprus Market Making(MM) Revoked|High potential risk|

https://fxpn.eu/

Website

Rating Index

MT4/5 Identification

MT4/5

White Label

Leverate-Europe

United Kingdom
MT4
1

Influence

C

Influence index NO.1

Cyprus 3.48

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
Leverate-Europe MT4
Server Location United Kingdom

Influence

Influence

C

Influence index NO.1

Cyprus 3.48

Surpassed 47.84% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+357 25 254912
support@fxpn.eu
https://fxpn.eu/
Zavos City Center, 4th floor 88 Ayias Fylaxeos ST. Limassol 3025, Cyprus.

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+357 25 254912

Broker Information

More

Company Name

Leverate Financial Services Ltd,

Company Abbreviation

FXPN

Platform registered country and region

Cyprus

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-04-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • CyprusCYSEC (license number: 160/11) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Users who viewed FXPN also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FP Markets

8.87
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Sway Markets

7.70
Score
1-2 yearsRegulated in AustraliaAppointed Representative(AR)Self-developed
Official website

HFM

8.25
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

FXPN · Company Summary

General Information & Regulation

Leverate Financial Services Ltd trading under fxpn.eu, is authorised and regulated by the Cyprus Securities Exchange Commission (“CySEC”), under the license N.160/11 and is registered at 88, Agias Fylaxeos, Zavos City Center, 4th Floor, CY3025, Limassol, Cyprus [Company Registration No. HE 290 182]. Leverate Financial Services Limited currently provides its services on a cross border basis, within EEA states (except Belgium) under the MiFID passporting regime, and in selected third countries. Leverate Financial Services Limited does not provide its services to residents or nationals of the United States.

Markets Instruments

FXPN provides investors with popular tradable instruments in the global financial market, including foreign currency, stocks, precious metals, energies, stock indices.

Minimum Deposit

FXPN offers four different types of accounts, namely Silver (minimum deposit of $500/500€/500£), Gold (minimum deposit of $10,000/10,000€/10,000£), Platinum (minimum deposit of $50,000/€/£), and VIP (minimum deposit of $15,000/€/£). The initial deposit requirement by this broker is relatively high, many brokers require the much less amount.

image.png

FXNP Leverage

Leverage is 1:30 for major currency pairs, 1:20 for minor currency pairs, 1:20 for gold and stock indices, 1:10 for silver, and 1:10 for energy products.

Spreads & Commissions

The minimum spread for silver accounts starts from 0.7 pips and 0.5% commission/commission per trade for US and European stocks only. The minimum spread for Gold accounts starts at 0.4 pips and 0.4% commission per trade for US and European stocks. The minimum spreads for Platinum accounts start from 0.1 pips and 0.35% commission per trade for US and EU stocks, while the minimum spreads for VIP accounts start from 0.2 pips and 0.35% commission per trade for US and EU stocks.

FXNP Trading Platform

FXPN provides forex traders with Sirix and MT4 trading platforms. Sirix supports one-click execution, has a user-friendly interface, clear and intuitive dashboard, and excellent trading insights for Android, mobile apps, and the web. With over 2100 technical indicators, traders can download MT4 to their desktop, use it on their WEB browser, or get the MT4 app and trade anywhere, anytime.

Deposit & Withdrawal

FXPN offers traders various deposit and withdrawal methods, mainly VISA, MASTERCARD, SWITCH, MAESTRO credit and debit cards, wire transfers. FXPN does not charge any deposit and withdrawal fees, but traders who deposit and withdraw funds via wire transfer are required to pay the transfer bank's wire transfer fees.

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

4

Comments

Write a review

善哉6447
more than one year
I have to say FXPN is not a broker that suits beginners, as it asks for high entry capital, and trading on this platform is quite tough. Put it simply, withdrawals take a long time, which beginners cannot afford it.
2023-02-21 21:20
Reply
0
0
A九月九
more than one year
I opened a silver account with this company, so far I feel the transaction cost is within a reasonable range. Of course I didn't make money all the time, I had some losses, but because I kept my leverage small, I took very little risk. I feel like in the forex market with such high risks, slow is fast.
2022-11-25 19:02
Reply
0
0
FX1039430103
more than one year
1:20 leverage on forex pairs is quite friendly because I don’t want to put myself at too many risks. So compared with others who offer a leverage ratio up to 1:500, I prefer to choose them. Also, legitimate regulation, tight spreads and the MT4 platform attract me a lot. But, the $500 minimum deposit is too high.
2022-11-23 11:54
Reply
0
0
。94447
more than one year
An initial investment of $500 is too high for me, very unfriendly, I don’t usually trade with high-deposit requirement, I can never relax about my money around them, trading on this platform seems you have to pay both spreads and commissions, not a good choice. I’d better find a better alternative…
2022-11-23 09:44
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com