Score
FXPN
Belarus|2-5 years| https://fxpn.com/
Website
Rating Index
Influence
Influence
D
Influence index NO.1
Cyprus 2.56Contact
- This broker exceeds the business scope regulated by South Africa FSCA(license number: 51545)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
Basic information
BelarusAccount Information
Users who viewed FXPN also viewed..
FXCM
- Above 20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
XM
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
GO MARKETS
- Above 20 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
BlackBull
- 5-10 years |
- Regulated in New Zealand |
- Market Making(MM) |
- MT4 Full License
Website
fxpn.com
Server Location
United States
Website Domain Name
fxpn.com
Server IP
172.67.188.30
Company Summary
| FXPN Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | Belarus |
| Regulation | Exceeded |
| Market Instruments | Forex & CFDs on stocks, precious metalscommodities, ndices, cryptocurrencies |
| Demo Account | Available |
| Leverage | 1:200 |
| Spread | Silver: from l.l pips Gold: from 0.8 pips Platinum: from 0.5 pips VIP: from 0.2 pips |
| Trading Platform | SIRIX Web Trader & Mobile trading |
| Min Deposit | $/€/£ 500 |
| Customer Support | Telephone number: +357 29 369 80 87 (Monday-Friday 9 AM-6 PM)Email: support@fxpn.by |
FXPN Information
FXPN, a forex and CFD broker registered in Belarus, offer its clients a wide range of tradable financial instruments with leverage up to 1:200, a floating spread of 0.2 points on SIRIX network traders and mobile trading platforms, and four different real account types to choose from.
Pros and Cons
| Pros | Cons |
| Demo accounts available | Exceeded and suspicious clone |
| Multiple account types | Commission charged |
| Variable spreads from 0.2 pips | MT4 & MT5 unavailable |
| High minimum deposit |
Is FXPN Legit?
FXPN has an Exceeded license from the Financial Sector Conduct Authority (FSCA) and a license from the suspicious clone Cyprus Securities and Exchange Commission (CYSEC).
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
 | FSCA | Financial Sector Conduct Authority | Financial Service Corporate | 51545 |
 | CYSEC | WGM Services Ltd | Market Making(MM) | 160/11 |
What Can I Trade on FXPN?
FXPN offers trading instruments such as forex and CFDS for stocks, precious metals, commodities, indices and cryptocurrencies.
| Tradable Instruments | Supported |
| Commodities | ✔ |
| Stocks | ✔ |
| Currencies | ❌ |
| Crypto currencies | ✔ |
| Indices | ✔ |
| Precious metals | ✔ |
| Binary Options | ❌ |
| Mutual Funds | ❌ |
| Futures | ❌ |
Account Types
FXPN offers four types of real trading accounts, namely Silver, Gold, Platinum and VIP, with minimum initial deposit requirements of $/€/£500,$/€/£10,000,$/€/£50,000 and $/€/£150,000 respectively.
Demo accounts with no maturity date are available. Demo accounts that have not been activated for more than 90 days since the last login will be closed. A maximum of 5 active demo accounts are allowed.
Leverage
The maximum leverage ratio offered by FXPN is 1:200.
FXPN Fees
Customers with silver accounts can enjoy a spread of 1.1 pips, while customers with the other three accounts can enjoy a spread of 0.8, 0.5 and 0.2 pips respectively.
Stock commission: Silver account 0.5%, Gold account 0.4%, Platinum account 0.35%, VIP account 0.3%.
Trading Platform
SIRIX Web Trader and Mobile Trading apps on iOS and Android are chosen by FXPN to serve clients.
| Trading Platform | Supported | Available Devices | Suitable for |
| SIRIX Web Trader | ✔ | Website | Investors of all experience levels |
| Mobile Trading app | ✔ | IOS, Android | Investors of all experience levels |
Deposit and Withdrawal
FXPN supports bank transfer, Swift, e-wallet, debit/credit card or any other electronic money transfer method.
The minimum initial deposit requirement is said to be $/€/£500.
FXPN charges a transaction fee, a standard fee charged for silver accounts, a 10% discount for gold accounts, a 25% discount for platinum accounts, and a 50% discount for VIP accounts.
Keywords
- 2-5 years
- Regulated in South Africa
- Financial Service Corporate
- Self-developed
- Suspicious Scope of Business
- Suspicious Overrun
- Medium potential risk
Content you want to comment
Please enter...
Review 1
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now