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.
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.