FinPro Trading Review

MIN. DEPOSIT $100
Up to 200:1
Up to 100% BONUS
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FinPro Trading
Up to 100%
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Overview

Company Information FinPro Trading is a brand owned and governed by the Finvasia Group. It was founded in 2012. However, the broker started its online activities one year later, and… more

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Details

Broker FinPro Trading
Website URL http://finprotrading.com/
Headquarters London, United Kingdom
Support Number +44 20 3289 3467
Support Email support@finpro.com
Support Types Phone, Live Chat, E-mail
Languages English
Minimum 1st Deposit $100
Minimum Trade Amount 0.01-0.1 lots
Bonus Up to 100%
Payout Up to 200:1
Free Demo Account Yes
Regulated Yes
Account Types Pure ECN Account, Standard STP Account, Micro Account, Islamic Account, VIP Account, Finpro Connect Account, PAMM Account
Deposit Methods Wire Transfer, Visa, Visa Electron, MasterCard, American Express, Discover, Maestro, Skrill, PayPal, Neteller, CashU, Ukash, Neteller, Webmoney, Fasapay
Withdrawal Methods Wire Transfer, Visa, Visa Electron, MasterCard, American Express, Discover, Maestro, Skrill, PayPal, Neteller, CashU, Ukash, Neteller, Webmoney, Fasapay
Types of Assets Forex, Commodities, Stock Indices, Shares, ETFs & Bonds
Account Currency AUD, USD, GBP, JPY, CAD, EUR
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Company Information

FinPro Trading is a brand owned and governed by the Finvasia Group. It was founded in 2012. However, the broker started its online activities one year later, and its first website and online brokerage services became available in 2013. The company is registered with the SECA (which stands for Securities and Exchange Commission of America). The KPDN Inc. IARD/CRD Number of the firm is 152771, and the SEC file number is 801-71208. FinPro Trading has an extensive base of operation, and it’s involved in various organisations. For example, the broker is a member of the NSE and BSE for options, currencies, stocks and options, as well as a part of the MCX (Multi-Commodity Exchange). As an international financial services provider, FinPro Trading has offices in Australia, Canada, UK, and Germany. The broker has numerous clients worldwide and well-developed trading environment for both retail and institutional customers. The partnership program is also introduced for those who want to become introducing brokers and share the revenue with FinPro Trading. The online broker also provides a blog where all the recent news is published, and clients can stay tuned to the latest in the financial world.

 

Trading Information

Forex trading is the primary service offered by the company with more than 80 different pairs, including exotic ones. The spreads can be both fixed and variable. They start from 0.2 pips in the major currency pairs. The minimum required lot for an order is 0.01. Leverage is limited at 1:300. Apart from the Forex offering, FinPro Trading provides access to commodities, stock indices, shares, bonds, and ETFs. Traders will not be restricted to use their usual tactics, such as scalping, hedging, algorithmic trading (EAs) and others. The margin call level is set to 50% with the stop-out level at 30%. Four types of accounts are provided for the clients of FinPro Trading, and they are as follow: Micro, Pure ECN, Standard STP and Islamic. There are slight differences in the trading conditions for all of them. However, the traders will be satisfied to learn that all of them offer tight spreads and low commissions on CFDs. Those who want to give it a try can register for demo account without any hassle.

 

Trading Platforms

The online broker has an excellent selection of trading platforms that will meet even the most delicate needs. The company’s platform is called Finpro Station, and it’s a beautiful choice for both professionals and beginners. It has numerous helpful features and number of indicators, as well as extensive Visual Strategy Builder that will let the trader build its own fully customized EA. Finpro Station is ideally adjusted for web browsers and can be accessed from any device with an updated browser. The platform can be downloaded as an app for mobile users on both Android and iOS.

 

If you are MetaTrader 4 dedicated fan, well, you won’t be disappointed. The broker offers the most popular trading platform of all with all the needed configurations included. MT4 is available with all the known tools, indicators and charts completely integrated to Finpro’s business environment. The MT4 Mobile version is also presented and easily downloadable from the website.

The third platform offered by the company is ZuluTrade. It’s a social trading software with extensive capabilities and excellent functionality. It mainly targets inexperienced clients who need the help of more experienced traders and even copy their trades. Live performances, profiles statistics, and many other features will help the beginners to choose the right person as their guide. ZuluTrade is free to use on both mobile devices and web browsers, so the accessibility is well improved.

 

Security and Customer Services

FinPro Trading ensures that their clients are perfectly protected, and their funds are not endangered by anything. By following the strict rules of the regulative authorities, the online broker employs these best practises in the favour of the customers. Accounts are segregated, and all the clients’ funds are deposited in first-class banks. Apart of this, FinPro Trading is financially stable and very resourceful company. Traders can have their peace of mind and know that their money is well kept and handled.

 

As for the customer services, the broker’s representative are very helpful and polite when it comes to any problem. Clients can enjoy two languages supported and personal managers for the VIP traders. If an issue arises, the customers can easily get in touch with FinPro Trading by phone, email, live chat, Skype, and even a web form to request a callback. The good news is that the online brokerage company offers its assistance 24/7 unlike many other competitors out there.

 

Deposits and Withdraws

Payment options on deposits are limited to four. Funding an account is possible through credit/debit cards, bank wire transfers, and two e-wallet services. The processing time is exceptional, and it usually takes no more than 10 minutes, except for the bank transfers. They can take up to 7 working days. Deposit minimum amounts are employed based on the account type. Micro profiles can start with $5, Pure ECN with $200, Standard STP and Islamic with $100.

 

Withdrawals are handled pretty much the same way as deposits. They will be transferred with the initial deposit method. There is no information about any additional fees on FinPro Trading’s side. However, customers will be surely notified, if such charges exist. Take note that withdrawals may be processed slowly, especially the first time. It’s due to extra identity checks and following money laundering regulations.

 

Deposit Bonus and Loyalty Program

There are two bonus programs offered by FinPro Trading that is quite attractive for traders. The “100% Cash Bonus Program” is a deposit promotion for 100% of the initial funding. The minimum is 100$, and some rollover requirements apply. Clients have to satisfy them to withdraw any bonus money.

The second promotion is called “30% Rescue Bonus” and it activates for deposits more than $50. The bonus is issued to help traders in periods of drawdown. The extra funds can’t be lost, but are only available for a limited time.

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