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PatronFX Review: Patronfx.com Proven Forex Broker

PatronFX Review: Patronfx.com Proven Forex Broker

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PatronFX (Patronfx.com) is a Cypriot registered broker who is licensed by CySEC. Patron FX deals with CFDs and Forex with various advantages. Being certified by one of industry’s leading financial watchdogs is a big plus. Whoever signs up with this broker is promised of a safe trading experience. Investors will be offered with compensation in case anything goes wrong. Want to know more? Read this detailed and honest PATRONFX review.

PatronFX Review

Forex trading should be ideally an easy and safe experience for all parties. Dealing with credible Forex trading tools is one way of ensuring investors get a safe trading experience. Investors should have a credible Forex trading platform which leads to profitable results. Make sure to stay ahead of the game with dependable Forex trading tools at all times. Time to make realistic funds is always there with real trading tools. Make the right move today and switch to accountable trading tools.

PatronFX Review

What makes PatronFX stand out is having dully passed all necessary rules regarding regulation. All brokers should offer a negative balance protection to all traders. And this is a good plan since you can never lose more funds than you deposited. Brokers must also hold all assets in segregated accounts. Investors will also be required to file and send regular reports to all members. What this does is create trust between investors and brokers in question. Sign up with brokers who are registered by known regulatory bodies.

After landing on their homepage, one can see why this broker is accommodating. Website is user friendly and even a newbie can work their way round the platform. How is it easy to sign up an account? Opening an account with PatronFX is easy and fast. Having a PatronFX account is going to take less than five minutes. Registration is simple and is open to all investors. Little information is required regarding account opening. Open one with a real broker and start getting trading results.

About PatronFX

Forex TB Ltd is company based in Nicosia and has valid registration details. After checking with company registrar, we found all details matching with company’s information. Company registration number is 310943 and is based in Cyprus. Most Cyprus based companies have to pass strict rules before being credited with a license. And this is what makes having a broker such as PatronFX a safe bet. Dealing with a dully registered company is what’s advised when trading.

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What about the people running this website? Can we get to know the founding members of this platform? With a valid company behind this broker, accessing founders’ information is easy. Simply go to company’s website and use contact details listed. Contact information is valid as we tried it ourselves. With a proven broker who can be easily contacted, trading with PatronFX is commendable. Opening an account is safe and investors should give them a try.

Is PatronFX Licensed?

After checking with CySEC, we are happy to announce PatronFX is properly licensed. Dealing with Patron FX is having a properly licensed broker with a valid licensing number. Patron FX is licensed under 272/15 and was licensed on 7th April 2015. What this proves is we are dealing with a broker who has passed all valid registration tests. Thanks to their reputation, we can see this broker has been in the trading world for long. Only valid brokers can have the guts to post their true details.

Members can also reach out to the broker and ask for copies of licensing and registration. Dealing with a broker with a valid license means authorities trust what’s happening. A true broker will give members a PDF with details regarding how Patron FX works. Legal documents match all details regarding this platform. Whoever signs up with a broker is dealing with a true and licensed broker. They have been ranked top five best brokers in 2016. It means we have a true broker.

PatronFX Advantages

  • Award winning broker
  • Offers a transparent STP model
  • Investor Compensation fund is available
  • Offer volatile instruments on wide market spectra
  • Clients’ money are placed in fully regulated banks
  • Clients’ funds are held in segregated accounts such as Barclays Bank PLC

Trading Platform

PatronFX is providing top tier trading platforms for users to choose from. With their technological advancement in trading, users have an edge. Members are offered the well-known MT4 trading platform which connects best to STP liquidity. They also offer a web based trading platform which we tested. Web based platform is well secured which means trading becomes simple. Dealing with a web based platform is tricky especially if no security is in play.

Mobile and tablet platforms offer amazing news platforms which are necessary for passing information. Patron FX also offers a onetime click trade options which is highly accurate. Platforms come with advanced trading tools which offer a great advantage to users. Make sure to go for brokers who have intuitive trading platforms. Having a reliable platform takes trading to the next level. What are you waiting for, try out their amazing web based platform.

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Account Types

PatronFX Account Types

PatronFX is equipping members with a two tier account system. Members can get a standard or pro account. Accounts have favorable trading conditions as we will explain. Standard account offers 1.3 pips while pro account offers 0.3 pips. Pro account comes with a trading commission of around 4% which is quit fair. With a Pro account, users should expect spreads of around 0.7 and 0.8 pips. Maximum leverage offered by this broker is also favorable and welcoming.

List of trading instruments included over 40 currency pairs. Members can get exotic as well as minor lots such as USDBRL, USDHUF, USDPLN, and USDTRY. Investors can also trade using CFDs such as Gold, silver, and platinum. 3 pillars of success of Patron FX include security above everything else, transparency and trust, and award winning service platform. Users can get help from proven professionals with a valid trading expertise. What else could an investor be looking for?

Security of funds

Another interesting factor with Patron FX is how safe funds are kept.  Funds are deposited in a top tier and proven bank. It means users are well kept safe by well-known banks. Another fact we need to disclose is in regards to compensation claims.  Another fact we need to disclose is in regards to compensation claims. Patron FX takes part in investor compensation fund which is a huge relief for members. Users can always ask for compensation in case of bankruptcy or insolvency. Depositing funds is safe as well as withdrawing funds.

Segregation of accounts is also in play which is an added advantage.  Why not sign up with such a broker and have a secure trading experience?

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Is PatronFX legit?

After confirming with authorities concerned, we have proof PatronFX is legit.

Verdict

PatronFX Credible Forex Broker

Adding PatronFX to our acceptable broker list will help steer investors to a recommended broker. What more could an investor want apart from a legit broker? You know now what to expect with Patron FX, a true and fulfilling trading experience.

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