PatronFX-Some Important Points about the Broker

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

Is PatronFX Legit?

Yes, PatronFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) under 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.

Account Type

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

Leverage

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.

Trading Platform

PatronFX provides its WebTrader and Mobile Web App for users.

Deposit and Withdrawal

PatronFX accepts payment via Vias, MasterCard, PayPal, Skrill, Neteller, MyBank, RapidTransfer, and PayByBank.