Is the PatronFX Scam?
Getting a good deal on a CFD broker is a great way to make money from the financial markets. CFDs allow you to trade with a commission-free trading platform that offers access to over 270 different trading assets. There are also web and MT4 trading platforms to choose from.
Traders interested in trading Forex, CFDs, shares, and commodities have many options when it comes to choosing an online broker. PatronFX is one such broker. Founded in 2015, PatronFX offers trading solutions to both beginners and professionals.
PatronFX offers two trading platforms, including a proprietary web trader and the popular MetaTrader 4. These platforms allow traders to access their accounts from a variety of devices. They are also accessible through mobile apps.
PatronFX also offers a variety of customer support options, including live chat, email, and phone. They offer multilingual client support 24 hours a day. They also offer educational resources to help traders learn how to trade.
PatronFX is a CySEC-regulated broker. This means that the broker has to meet certain requirements and provide copies of its license to clients. This gives clients more confidence in dealing with a broker. It also provides more security than an unregulated broker.
MT4 trading platform
MT4 trading platform is a popular choice among forex traders. It is easy to use, offers multiple chart timeframes, and offers a wide variety of trading tools. It also supports automated trading through expert advisors.
MT4 is available in both desktop and web-based versions. It offers advanced charting, one-click trading, and multiple graphing tools. It provides real-time price quotes for more than 270 instruments. It also has multiple chart timeframes, multiple chart modes, and customizable trading indicators. It is also compatible with STP liquidity, which connects traders with the best possible liquidity for trading.
The MT4 trading platform offers traders with a range of trading options, including micro lots, one-click trading, and advanced charting tools. Traders also have the option of trading CFDs, shares, and cryptocurrencies.
CFDs on gold, silver, and platinum
Traders who trade precious metals, especially platinum, can take advantage of the leveraged trading that is available in CFDs. They can buy or sell a platinum futures contract to speculate on the price of the metal. It is possible to enter a long position or a short position, and close positions at any time.
A precious metals futures contract is a standard contract that specifies the quantity, time, and price of a commodity that will be delivered in the future. It is a high-risk, high-reward investment instrument.
PatronFX is a Cyprus-based brokerage firm that has been regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Cyprus National Bank (CNBC). The firm is also licensed by the Financial Services Authority in the United Kingdom (FCA), the Czech National Bank (CNB), the Portuguese Securities Market Commission (CMVM), the Polish National Bank (KNF), the Ukrainian National Bank (UNASUR) and the United States Commodity Futures Trading Commission (CFTC).
PatronFX offers several account types. They include a Demo Account, which is ideal for beginners. This account type does not allow you to trade in real money, but it can be used to familiarize yourself with the platform and learn more about the trading process.
Commission-free trading environment
Traders looking for a commission-free trading environment may find PatronFX to be a good fit. The brokerage offers over 250 assets in five categories including currency pairs, commodities, equities, interest rates, and stocks. It also offers two trading platforms, the proprietary PatronFX WebTrader and MetaTrader4, the latter of which is available both in a web-based version and a desktop download.
The PatronFX website is available in several languages including English, German, Polish, French, and Dutch. It also lists a variety of e-Wallets, credit/debit cards, and other payment options. In addition, the broker offers educational posts, live chat, and phone support.
PatronFX is owned by Forex TB Limited, a Cypriot investment firm. The broker holds a CySEC license and is allowed to operate within the European Economic Area. It is also a member of the Investor Compensation Fund, which provides coverage up to EUR20,000 for losses incurred by clients.
270 different trading assets
Founded in 2015, PatronFX is a Cypriot-based online broker that offers traders the opportunity to trade over 270 trading assets across five different categories. In addition, PatronFX has an impressive proprietary trading platform that is suitable for both beginners and professional traders.
PatronFX offers four different account types, with the minimum deposit required varying depending on the account type. PatronFX allows its clients to trade a wide variety of financial instruments including forex, stocks, commodities, and CFDs. PatronFX also offers the popular MT4 trading platform, which is available in both desktop and web versions.
PatronFX’s proprietary trading platform is very intuitive and suitable for both beginners and professional traders. In addition, PatronFX offers a wide variety of tools and educational resources to assist traders in gaining valuable trading experience. The broker offers its customers access to Economic Insights, Featured Ideas, and Analyst Views, as well as a daily market analysis.