Score
Cyprus
|
2-5 years
| https://finpros.eu
Website
Rating Index
MT4/5
Full License
FinprosFinancial-Real
Influence
C
Influence index NO.1
Vietnam 3.21
MT4/5 Identification
Full License
BulgariaInfluence
C
Influence index NO.1
Vietnam 3.21
Single Core
1G
40G
1M*ADSL
Cyprus
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
finpros.com
finpros.eu
VIP is not activated.
| FinPros Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Zypern |
| Regulation | CySEC, FSA (Offshore Regulated) |
| Market Instruments | Forex, Stocks, Metals, Energies, Indices |
| Demo Account | / |
| Leverage | Up to 1:30 |
| Spread | From 0.0 pips |
| Trading Platform | MT5 |
| Minimum Deposit | $·€·£ 200 |
| Customer Support | Contact Form |
| Phone: +357 25 261 361 | |
| Email: SupportPros@FinPros.eu | |
| Regional Restrictions | Jurisdictions outside the European Economic Area (‘EEA’) and to residents of Belgium |
FinPros operates as a trading platform registered in Cyprus. It is regulated by CySEC (Cyprus Securities and Exchange Commission) for onshore activities and by the FSA (Financial Services Authority) for offshore operations. The platform offers access to a wide range of market instruments, including forex, stocks, metals, energies, and indices. Trading is conducted on the MT5 platform, with leverage up to 1:30 and spreads starting at 0 pips.
Notably, the platform has regional restrictions, excluding jurisdictions outside the European Economic Area (EEA) and residents of Belgium.
| Pros | Cons |
| Regulated by CySEC | Offshore regulation risks |
| Four account types | Regional restrictions |
| MT5 supported | High minimum deposit requirement |
| Multiple payment methods |
FinPros is currently regulated by the Cyprus Securities and Exchange Commission (CySEC) and holds a Straight Through Processing (STP) License (No. 418/22). However, it is also offshore-regulated by the Seychelles Financial Services Authority, which introduces additional risks to its operations.
| Regulated Country | Regulated Authority | Regulatory Status | Regulated Entity | License Type | License Number |
| Cyprus | Cyprus Securities and Exchange Commission (CySEC) | Regulated | Finquotes Financial (Cyprus) Ltd | Straight Through Processing (STP) | 418/22 |
| Seychelles | Seychelles Financial Services Authority (FSA) | Offshore Regulated | Finquotes Financial Ltd | Retail Forex License | SD087 |
FinPros claims to provide a variety of market instruments, including Forex, stocks, metals, energies, and indices.
| Trading Assets | Available |
| forex | ✔ |
| stocks | ✔ |
| metals | ✔ |
| energies | ✔ |
| indices | ✔ |
| cryptocurrencies | ❌ |
| bonds | ❌ |
| options | ❌ |
| funds | ❌ |
| ETFs | ❌ |
FinPros provides four types of trading accounts: Edge, Raw+, Vantage, and ClassiQ. Notably, the minimum deposit requirement for each account is the same amount but available in three different currencies. For example, the ClassiQ account requires a minimum deposit of $200, €200, or £200.
| Features | Edge | Raw+ | Vantage | ClassiQ |
| Account Currency | USD/EUR/GBP | USD/EUR/GBP | USD/EUR/GBP | USD/EUR/GBP |
| Minimum Deposit | $·€·£ 1,000 | $·€·£ 1,000 | $·€·£ 1,000 | $·€·£ 200 |
| Maximum Leverage | 1:30 | 1:30 | 1:30 | 1:30 |
| Spread | 0.6 | 0.0 | 1.6 | 1.5 |
| Commission | / | from $3/lot per side | / | / |
| Execution Type | Market Execution | Market Execution | Market Execution | Market Execution |
| Stop Out Level | 50% | 50% | 50% | 50% |
FinPros offers a leverage of up to 1:30 for all account levels. Please note that high leverage can amplify not only profits but also losses.
FinPros offers variable spreads based on different account classes.
| Account Type | Spread (Pips) | Commission |
| Edge | 0.6 | / |
| Raw+ | 0.0 | $3/lot per side |
| Vantage | 1.6 | / |
| ClassiQ | 1.5 | / |
In terms of fees, for Raw+ accounts, FinPros charges a commissionthat starts from $3/lot per side.
For the trading platform, FinPros provides traders with the popular MT5 (MetaTrader 5).
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | Desktop, Mobile, Web | Beginners |
Here are all the payment options available on this platform: Visa Secure, Mastercard, Maestro, Wire Transfer, SOFORT, Skrill, Neteller, and iDEAL.
Recently, reports have surfaced online exposing yet another withdrawal scandal involving FinPros, a forex broker that claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC). According to the report from the victim, FinPros froze her legitimate profit of USD 197, citing a bizarre reason: “suspected collusion with other violators during trading.”
The minimum deposit required for opening an account with FinPros depends on the account type. For the Edge account, the minimum deposit is $1,000, while the ClassIQ account has a lower minimum deposit of $200.
Yes, FinPros is a legitimate broker, regulated by CySEC, which means that client funds are subject to regulatory safeguards. However, like any financial investment, trading carries inherent risks, especially with the leverage limitations.
Yes, FinPros is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 418/22. This ensures that the broker adheres to the financial laws and regulations of Cyprus, offering a level of protection to its clients.
No, FinPros does not provide a demo account for traders to practice without risk.
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lin3492862
Hong Kong
They won't even give out 197 USD. One withdrawal attempt was rejected in September, another in October, and it's been a week without processing. When I asked the account manager for a reason, they blamed it on the people who pushed the situation, causing the platform to not allow withdrawals. What has their trading got to do with me? You have lost money elsewhere and are trying to recover it from us. They won't even let go of the 197 dollars.
Exposure
lin3492862
Hong Kong
They launched a promotion where depositing $10,000 would get you an additional $1,000, with the condition that after trading 125 lots, the funds could be withdrawn. After depositing, I consulted with the account manager about using an EA (Expert Advisor), and was told it was fine. However, after trading 80 lots with the EA, I started experiencing slippage of about $10 per lot. I then manually traded another 20 lots, but the slippage became unbearable. When I asked the account manager, I was told my account had been flagged for an unspecified reason. It's been a week since I tried to get more information, but there's been no response. Currently, the slippage continues unabated; this rigid lot requirement makes it impossible to withdraw without incurring net losses on the bonus or risking my principal being stuck.
Exposure
FX3645813234
Japan
I have made transactions many times, and withdrawals are possible. You need to create an account for each campaign, but it can be done quickly. Japanese language support is also available. Communication within the website is done via tickets.
Positive
FX2151491512
Bulgaria
I love finpros because of one employee Mr Dea abedraboh, very professional, Iam working with them as an IB for a year now not single mistake by him... thank you Finpros and Mr Dea you are the best
Positive
spider9058
Egypt
I've worked with many brokers before, but FinPros truly takes the lead. Fast withdrawals, responsive support, and strong security. As a trader, I fully trust FinPros and confidently recommend it to anyone in the industry. FinPros – Trusted globally. It truly deserves the cup!🏆 Special thanks to my account manager, Deaa, for the outstanding support.
Positive
Garcia Luca
Netherlands
😁Well, I would say this: if you are an experienced trader looking to make some big gains, I recommend trading here. The trading circumstances are superb. I have no reason to complain.
Positive
Vxero
Malaysia
Overnight interest rates are fair, allowing me to maximize my profits.And Trading transparency is key, and this platform delivers in every way.
Positive
刘建39723
Taiwan
So far my experience is pretty good. The account setup was quick and hassle-free, and their customer service is responsive and helpful. Trading execution is smooth with no issues on fills or slippages.
Positive
zhao juan
Malaysia
I've been intermittently trading with FinPros for a long time. Overall, I've had a positive experience with instant withdrawals and deposits, a well-designed website and mobile apps, and 24/7 customer support in various languages. However, the "Real-3" server on mt4 is slow and unresponsive, which has been frustrating as it's linked to my "Master account." Despite this issue, everything else about FinPros is excellent.
Neutral
Dyshmliy
United Kingdom
FinPros is my favorite new broker, fast withdrawals, excellent trading conditions, low spreads, good function, professional account manager. I am totally satisfied with this broker.
Neutral
FX1049448248
Spain
Originally, I thought their trading conditions were attractive and wanted to give it a try, but I found out they don't offer demo accounts. There are very few brokers that don't offer a demo account these days. So I decided to choose another broker. Their licenses are even offshore.
Neutral
CXM~TINA
New Zealand
Only MT5 is available here, so if you want to use MT4 to trade, you will have to choose brokers. Besides, $100 minimum initial amount and 1.5 pips on the ClassicQ account are just comparable to the industry average. However, up to 1:500 leverage is indeed very generous.
Neutral