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PatronFX -

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Score

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PatronFX

Item: PatronFX
Rating: 1.64

Cyprus | 10-15 years |

Regulated in Cyprus | Straight Through Processing (STP) | Suspicious Scope of Business | High potential risk

https://www.patronfx.com/eu/

Website

Time Machine

Rating Index

Contact

info@patronfx.com

https://www.patronfx.com/eu/

Lemesou Avenue 71, 2nd Floor, 2121, Aglantzia, Nicosia, Cyprus.

Licenses

CYSEC Regulated

Cyprus STP

Licensed Entity：FOREX TB Ltd

License No. 272/15

Keywords 5

10-15 years

Regulated in Cyprus

Straight Through Processing (STP)

Suspicious Scope of Business

High potential risk

Warning: Low score, please stay away!

2025-06-23

The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

Basic Information

Registered Region

Cyprus

Operating Period

10-15 years

Company Name

Forex TB Limited

Abbreviation

PatronFX

Company employee

Customer Service Email Address

info@patronfx.com

Company Website

https://www.patronfx.com/eu

Company address

Lemesou Avenue 71, 2nd Floor, 2121, Aglantzia, Nicosia, Cyprus.

A Visit to PATRON FX in Cyprus – No Office Found

WikiFX Survey
PatronFX

Danger

Cyprus

WikiFX Survey
PatronFX

Danger

Cyprus

Account

Website

Genealogy

Relevant Enterprises

Employees

Company Summary

Disclosure

Comment

Account

Updated： 2025-06-23

Environment

Currency

Maximum Leverage

1:400

SupportedEA

Minimum Deposit

€250,000

Minimum Spread

Depositing Method

Withdrawal Method

Minimum Position

Commission

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Details

Official website

Website

patronfx.com

91.192.224.142

Server Location

Poland

ICP registration

Most visited countries/areas

Domain Effective Date

2015-05-15

Website

WHOIS.RRPPROXY.NET

Company

KEY-SYSTEMS GMBH

Genealogy

VIP is not activated.

Please visit the WikiFX App to be our VIP.

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Relevant Enterprises

FOREX TB LIMITED(Cyprus)

Active

Cyprus

Registration No. HE310943

Established 2015-04-07

Related sources Website Announcement

Employees

ΜΙΧΑΛΗΣ ΕΛΛΗΝΑΣ

Director

Start date

Status

Employed

FOREX TB LIMITED(Cyprus)

ΠΕΤΡΟΣ ΧΑΤΖΗΚΥΡΙΑΚΟΥ

Director

Start date

Status

Employed

FOREX TB LIMITED(Cyprus)

ΔΗΜΗΤΡΙΟΣ ΜΠΟΥΡΠΟΥΛΑΣ

Director

Start date

Status

Employed

FOREX TB LIMITED(Cyprus)

Company Summary

PatronFX Review Summary
Founded	2015
Registered Country/Region	Cyprus
Regulation	CySEC
Market Instruments	Forex, Commodities, Indices, Shares, Cryptocurrencies
Demo Account	✅
Leverage	Up to 1:30 (retail clients)/ 1:400 (pro clients)
EUR/USD Spread	3.0 pips (Basic account)
Trading Platform	WebTrader, Mobile Web
Minimum Deposit	€250
Customer Support	Phone: +357 22266707
	Email: compliance@forextb.com
	Address: Lemesou Avenue 138, 2nd Floor, Office 108, 2015 Strovolos, Nicosia, Cyprus

PatronFX Information

CySEC has given Forex TB Ltd. permission to run PatronFX since 2015. The company is based in Cyprus. The broker lets you trade CFDs on more than 270 assets, such as forex, indices, stocks, and cryptocurrencies. It has different account levels with flexible terms and conditions, and it mainly works in the EU and Switzerland.

Pros and Cons

Pros	Cons
CySEC regulated	Limited to EU + Switzerland
Various trading instruments	Wide spreads
Multiple account types	High minimum deposit
Free withdrawals for higher-tier accounts	No live chat support

Is PatronFX Legit?

Yes, PatronFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 272/15.

Regulated by	Cyprus Securities and Exchange Commission (CySEC)
Licensed Institution	Forex TB Ltd
Current Status	Regulated
License Type	Straight Through Processing (STP)
License Number	272/15

What Can I Trade on PatronFX?

PatronFX provides over 270 CFD instruments, including major and minor forex pairs, popular commodities, indices, stocks, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

PatronFX offers 4 types of real accounts and one demo account.

Account Type	Minimum Deposit
Basic	€250
Gold	€25,000
Platinum	€100,000
VIP	€250,000

Leverage

Client Type	Maximum Leverage
Retail	1:30
Professional	1:400

Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.

PatronFX Spreads

PatronFXs trading fees are higher than average for the Basic accounts but become more competitive with larger deposits.

Account Type	Basic	Gold	Platinum	VIP
EUR/USD	3.0 pips	2.7 pips	2.1 pips	1.6 pips
GBP/USD	3.4 pips	3.1 pips	2.5 pips	2.0 pips
USD/JPY	3.3 pips	3.0 pips	2.4 pips	1.9 pips
Crude Oil	$0.12	$0.11	$0.10	$0.08

Trading Platform

PatronFX provides its WebTrader and Mobile Web App for users.

Trading Platform	Supported	Available Devices	Suitable for
WebTrader	✔	Desktop, Web	/
Mobile Web App	✔	iOS, Android	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

PatronFX accepts payment via Vias, MasterCard, PayPal, Skrill, Neteller, MyBank, RapidTransfer, and PayByBank.

Account Type	Free Withdrawal
Basic	1
Gold	1/month
Platinum	3/month
VIP	Unlimited

Keywords

10-15 years
Regulated in Cyprus
Straight Through Processing (STP)
Suspicious Scope of Business
High potential risk

Disclosure

Danger

Notification of suspected criminal offence punishable under Article 178 of the Act on trading in financial instruments (engaging in activities in the field of trading in financial instruments without the required authorisation or power of attorney) Forex TB Ltd. (www.patronfx.com)

Country/Region

PL KNF