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FXPN

Suspicious Clone
Belarus
,
Since 2008
Last Updated:
42/100
Overall Score

Trading Conditions

Min Deposit:
USD200
Max Leverage:
100
Account Types
GoldPlatinumPremium

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

7 methods

Bank Transfer

bank transfer
1 days
Fee:
Free
Fee:
Free

Wire Transfer

wire transfer
1 days
Fee:
Free
Fee:
Free

Credit/Debit Card

credit card
24 hours
Fee:
Free
Fee:
$3

E-Wallets

e wallet
24 hours
Fee:
2.6%
Fee:
1.8%

Cryptocurrency

crypto
24 hours
Fee:
Free
Fee:
Free

Local Transfer

bank transfer
24 hours
Fee:
Free
Fee:
Free

Online Banking

bank transfer
24 hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 33%, 2: License 66%, 3: Software 52%, 4: Spread 0%, 5: Account Type 14%, 6: Symbol 0%
Regulation
33%Poor
License
66%Good
Software
52%Fair
Spread
0%Poor
Account Type
14%Poor
Symbol
0%Poor

Company Information

Full Name:Leverate Capital Markets LLC
Founded:2008
Headquarters:Belarus
Enterprise Offices:1offices

Customer Support

Phone:
:+44 20 459 310 53
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction

In the dynamic world of forex trading, selecting a reliable and well-regulated broker is paramount for both novice and experienced traders. FXPN has steadily carved out its niche since its inception, offering a broad spectrum of trading instruments and platforms tailored to diverse trading needs. With a focus on institutional clients and professional traders, FXPN aims to provide a comprehensive trading experience supported by regulatory oversight and advanced technology.

As the forex market continues to evolve, brokers like FXPN play a crucial role in connecting traders to global financial markets. This article delves into the core aspects of FXPN, exploring its history, regulatory framework, trading conditions, platform technology, fee structure, and overall market reputation to provide a thorough understanding of its offerings.

Background and History

FXPN was established in 2011, marking its entry into the competitive forex trading industry. The company expanded its service offerings by 2012, introducing a wider range of trading platforms and instruments to cater to a growing client base. Operating under the trading name Leverate Financial Services Ltd, FXPN benefits from its parent company's infrastructure and regulatory compliance.

Registered under number 2025-00360, FXPN has positioned itself as a global trading partner, focusing on delivering tailored solutions for institutional clients and professional traders. Over the years, the broker has diversified its portfolio by integrating new asset classes and enhancing its technological capabilities to remain competitive in a fast-paced market.

Key Features and Offerings

Trading Instruments
FXPN offers a comprehensive range of trading instruments to meet the needs of various trader profiles. These include traditional forex pairs, stocks, precious metals, commodities, indices, cryptocurrencies, and Contracts for Difference (CFDs). This diverse selection allows traders to build versatile portfolios and capitalize on multiple market opportunities.

Account Types
To accommodate different levels of trading experience and capital, FXPN provides three primary account types. Each type features distinct minimum deposit requirements, spreads, and commission structures, enabling traders to select the option that best suits their strategy and financial capacity.

Account Type

Minimum Deposit

Minimum Spread

Commission

Silver

$50,000

1.8 pips

5%

Gold

$10,000

1.2 pips

2.5%

Platinum

$200

0.7 pips

0.35%

Leverage
FXPN offers leverage options of up to 1:200, although some sources indicate a maximum of 1:100, depending on the account type or regulatory constraints. This flexibility allows traders to amplify their market exposure while managing risk according to their preferences.

Regulatory Compliance and Licensing

Regulation is a critical factor when choosing a forex broker. FXPN operates under the regulatory umbrella of its parent company, Leverate Financial Services Ltd, and holds licenses from multiple authorities, ensuring oversight and adherence to industry standards.

Regulator

License Number

Status

National Bank of the Republic of Belarus (NBRB)

193295922

Regulated

Leverate Financial Services Ltd Group

2025-00360

Licensed

While FXPN is a regulated broker, some users have reported occasional accessibility issues with its official website. Despite this, the broker maintains a commitment to regulatory compliance and transparency.

Trading Conditions and Platform Technology

Trading Platforms
FXPN supports multiple trading platforms to cater to different preferences. The popular MetaTrader 4 (MT4) platform is available on iOS, Android, desktop, and web, offering a robust trading environment. Additionally, FXPN provides the SIRIX Web Trader platform for iOS and Android, which emphasizes social trading features and user-friendly navigation.

Trading Conditions

Feature

Details

Maximum Leverage

Up to 1:200 (some sources indicate 1:100)

Minimum Deposit

From $200 (Platinum account)

Spreads

Starting from 0.7 pips (Platinum)

Commission

0.35% to 5%, depending on account type

These conditions reflect FXPN’s focus on catering to both high-net-worth clients and smaller traders with flexible and competitive pricing.

Fee Structure
Understanding the fee structure is essential for effective cost management. FXPN’s commission rates vary significantly across account types, with higher deposits generally attracting lower commissions. However, some aspects of the commission structure lack clarity, which may require prospective clients to seek direct clarification.

Fee Type

Details

Commission

0.35% to 5%, depending on account type

Deposit Fees

Not explicitly stated; likely varies by method

Withdrawal Fees

Not explicitly stated; subject to terms

Traders are advised to review the broker’s terms or contact support for detailed information on deposit and withdrawal fees to avoid unexpected charges.

User Experience and Market Reputation

FXPN is generally regarded as a legitimate and trustworthy broker within the forex community. Its regulated status, availability of the MT4 platform, and diverse trading instruments contribute positively to its reputation. The broker also offers demo accounts and social trading features, enhancing the user experience by allowing traders to practice strategies and engage with the community.

On the downside, the high minimum deposit for certain account types and occasional website accessibility issues have been noted as areas for improvement. Additionally, some traders find the commission structure somewhat opaque, which could be a consideration for cost-conscious clients.

Pros:

  • Regulated broker

  • MT4 platform availability

  • Flexible leverage options

  • Diverse trading instruments

  • Multiple account types

Cons:

  • High minimum deposits for Silver and Gold accounts

  • Unclear commission details in some areas

  • Occasional website accessibility challenges

Recent Developments

FXPN continues to evolve as part of the Leverate Financial Services Limited group, which includes other entities such as DirektBroker-fx.de, 18Capitals.com, and BaselCapitalMarkets.com. This corporate structure allows FXPN to leverage shared resources and regulatory frameworks, enhancing its service offerings and market reach.

Furthermore, FXPN has introduced private training courses to help traders improve their skills and market knowledge. This educational initiative reflects the broker’s commitment to supporting client development beyond merely providing trading platforms.

Conclusion

FXPN stands out as a broker with a solid regulatory foundation, a broad range of trading instruments, and flexible account options tailored to different trader profiles. Its support for popular platforms like MetaTrader 4 and SIRIX Web Trader ensures accessibility and convenience across devices. While challenges such as high minimum deposits for premium accounts and occasional website issues exist, the broker’s overall offering remains competitive and appealing, particularly for institutional and professional traders.

For traders seeking a regulated broker with diverse market access and comprehensive trading tools, FXPN presents a viable option worth considering. As always, prospective clients should conduct thorough due diligence and contact the broker directly to clarify any questions before committing capital.

Regulatory Licenses

Compliance & oversight

2 licenses
Cyprus
CySECTier 2
Cyprus
License Details
Type:Market Making(MM)
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Belarus
NBRBTier 3
Belarus#193295922
License Details
Type:Retail Forex License
License #:193295922
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
2
Countries
0
Offshore

Account Types

Trading account options

3 types
Gold
VIP
Min Deposit USD 10,000 • Leverage 1:100 • Commission cfd on foreign currency:no commission cfd on US stock: 0.5% per lot
Min DepositUSD 10,000
Leverage1:100
Commissioncfd on foreign currency:no commission cfd on US stock: 0.5% per lot
Platinum
VIP
Min Deposit USD 50,000 • Leverage 1:100 • Commission cfd foreign currency:no commission cfd on US stock: 0.4% per lot
Min DepositUSD 50,000
Leverage1:100
Commissioncfd foreign currency:no commission cfd on US stock: 0.4% per lot
Premium
VIP
Min Deposit USD 200 • Leverage 1:100 • Commission foreign currency:no commission cfd on US stock: 0.35% per lot
Min DepositUSD 200
Leverage1:100
Commissionforeign currency:no commission cfd on US stock: 0.35% per lot
3
Total Types
1
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

7 methods
Bank Transfer
Bank Transfer1 min
Deposit
Fee:Free
Min:USD 100
Max:USD 100,000
Withdrawal
Fee:Free
Min:USD 100
Max:USD 100,000
Bank may charge fees; processing time 1-2 days deposit, 1-3 days withdrawal
Wire Transfer
Wire Transfer1 min
Deposit
Fee:Free
Min:USD 100
Max:USD 100,000
Withdrawal
Fee:Free
Min:USD 100
Max:USD 100,000
Bank charges apply on withdrawal; processing time 1-2 days deposit, 1-3 days withdrawal
Credit/Debit Card
Credit Card24 min
Deposit
Fee:Free
Min:USD 100
Max:USD 10,000
Withdrawal
Fee:USD 2.5
Min:USD 100
Max:USD 10,000
Withdrawal fee $2.5–$5 fixed; processing time instant to 24h
E-Wallets
E-Wallet24 min
Deposit
Fee:2.6%
Min:USD 100
Max:USD 10,000
Withdrawal
Fee:1.8%
Min:USD 100
Max:USD 10,000
Deposit fee 2.6%–3%; withdrawal fee 1.8%–3%; processing time instant to 24h
6
Free Deposit
7
Instant
1
Crypto

Trading Platforms

Professional trading tools

3 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit
TradingView

TradingView

by TradingView Inc. • 2011

Windows
Mac
Web
Android
+2
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with FXPN: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark FXPN at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for FXPN

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://fxpn.by/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

1 platform

Corporate Network

Enterprise structure & relationships

1 entities

Leverate Capital Markets LLC

Belarus
active

Registration

N/A

Established

N/A

Comments

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