FXPN: international accounts, platforms, charges and entity scope

Account verification calls for a government photo ID and address evidence issued within three months. The support FAQ names MT5 and Sirix, while the wider platform page also advertises MT4; platform assignment should therefore be confirmed for the selected account.[9][4]

The published restriction list excludes citizens or residents of the United States, Cuba, Iraq, Myanmar, North Korea and Sudan. Other countries remain subject to local law and the firm’s acceptance; an internationally accessible website does not establish permission to serve every residence.[10]

View full spreads & trading costs

A zero-spread starting point does not describe the complete charge. The inspected account page does not attach its spread floors to a named instrument or disclose an ECN commission amount and charging side. A reproducible EUR/USD spread-plus-commission example therefore cannot be established from that matrix.[2]

The leverage policy sets out a risk-based approach involving instrument liquidity and client circumstances. It gives no usable asset-by-asset leverage ladder, stop-out percentage or notice schedule for specific margin changes. The advertised 1:500 ceiling should consequently not be applied to every symbol.[7]

The agreement normally makes Leverate Prime principal. Market, limit and stop orders are described; execution at a specified stop price is not guaranteed. Cancellation requires confirmation.[8]

The February 2025 execution policy prioritises price, speed, execution likelihood, costs and order characteristics. It also contains an execution-only exception, so its general best-execution language should not be presented as an unqualified promise covering every self-directed trade.[6]

FXPN advertises 0.02-second execution without a measurement population, period or percentile. Its no-slippage claim conflicts with contractual execution qualifications; neither is independently tested.[1][8]

MetaQuotes documents MT5 trailing stops as terminal-side functions, unlike server-held stop-loss orders. A disconnected terminal can therefore stop updating a trailing level while an already submitted stop remains with the server. This is a platform mechanism, not a broker uptime guarantee.[15]

The FAQ directs money requests through the account dashboard and says withdrawals usually return by the deposit method. It gives no firm completion deadline. The agreement allows a withdrawal charge up to 4.5% where intervening trading activity is insufficient.[9][8]

The company says client money is segregated from its capital and describes encryption and compliance controls. No independently confirmed named custodian, compensation entitlement or per-client insurance amount was established. These statements should not be translated into a guarantee that deposited capital is protected from trading loss or insolvency.[10]

The legal disclosure expressly allows losses exceeding the initial investment. A universal negative-balance waiver was not established for this route.[10]

The agreement permits telephone cancellation requests; cancellation needs written confirmation. Blocking compromised access leaves existing positions and orders unaffected unless separately instructed. Trading and balance reports are printable.[8]

Formal complaints go to Compliance; the agreement specifies a seven-business-day response and FSC escalation.[8]

The regulator’s current portal accepts complaints about Global Business licensees and unlicensed financial activity, while directing domestic regulated-firm complaints to the Office of the Ombudsperson for Financial Services. The applicable route depends on the actual licensed entity and complaint; this is not evidence of guaranteed reimbursement.[14]

Sirix copying is advertised, but the inspected pages do not explain whether disconnecting also closes copied positions or leaves them under the customer’s control. That distinction is material before relying on automatic copying.[4]

The introducing-broker programme describes trading-volume rebates, referral tracking and partner reporting. This is a commercial referral arrangement; an introducing broker’s compensation does not establish advisory authority over the customer’s trading account.[12]

The homepage mentions AI-driven tools without identifying an enabled product, account permissions or an order-submission process. Its wording is insufficient to establish autonomous trading authority.[1]

FXPN identifies Leverate Prime as the current brand operator. Its footer gives Mauritius company number 226766 and claimed Investment Dealer licence GB25204371. An independently readable firm-level FSC register result was not retrieved during this review, so the licence is recorded as company-published and not independently verified.[11][10][13]

The linked agreement retains references to Tech4 Capital and Prime Capital Markets. The signed counterparty and effective document version therefore require confirmation.[8]