FinPros is a financial services company registered in Seychelles, claiming to be regulated by the FSA, and offering a rich array of trading products including forex, metals, stocks, etc. It supports various account types such as raw+ and edge to accommodate different traders' needs. The account opening process is simple, requiring personal information, account type selection, and identity proof upload. The official website of FinPros is: https://finpros.com/
Corporate Registration Information of FinPros:
FinPros is a company registered in Seychelles, with a clear corporate entity address and registration time record. The company's corporate entity address is located at CT House, Office 9A, Providence, Mahé, Seychelles, which houses numerous companies within Seychelles' business registration center. The registration date of FinPros is December 27, 2021, indicating that the company has officially become a registered business in Seychelles since that date. Furthermore, the domain registration time of FinPros's website dates back to June 20, 2013, showcasing the early establishment of its online business identity, although the formal registration time of the company is later than the domain's registration.
Regulatory Information of FinPros:
Regarding regulation, FinPros claims to be regulated by the Financial Services Authority (FSA) of Seychelles. Upon verification, it is confirmed that FinPros is indeed on the FSA's regulatory list, meaning it complies with the FSA's regulatory standards and requirements. The Financial Services Authority is a key institution responsible for regulating financial service providers in the region, including ensuring transparency, fair trading, and protecting consumer interests. The fact that FinPros is regulated by the FSA provides a certain level of credibility and legitimacy to its business operations, demonstrating its commitment to adhering to relevant financial services laws and regulations.
Trading Products of FinPros:
FinPros offers a wide range of financial market instruments, covering multiple asset classes to meet the needs of different investors. These trading products include forex, metals, stocks, energy, indices, and cryptocurrencies, allowing traders to diversify investments based on their trading strategies and market insights.
In the forex market, FinPros provides a wide selection of currency pairs, including major pairs (such as EUR/USD, GBP/USD), minor pairs, and exotic pairs. This offers traders a wealth of trading options, allowing them to speculate based on global economic changes.
For traders interested in precious metals, FinPros offers spot contract trading for gold and silver. These precious metal trades offer investors the opportunity to hedge against inflation and market uncertainty, while also allowing for investment without owning physical assets.
In the stock market, FinPros's investment options are extensive, covering industries such as energy, technology, healthcare, communications, finance, real estate, and materials. This allows traders to directly invest in the growth or performance of specific industries.
Energy market trading options include crude oil and natural gas, providing traders the opportunity to speculate on price movements of these key commodities.
Finally, FinPros also offers trading in global indices, including the S&P 500 and FTSE 100 indices. These indices reflect the overall performance and sentiment of the market, providing diversified investment opportunities for traders.
Account Types of FinPros:
FinPros offers raw+, edge, classiq, and vantage account types. All accounts allow the use of EAs (Expert Advisors). Details are as follows:
Raw+ account: Suitable for traders seeking low spreads and low trading costs. This account requires a minimum deposit of 800 USD, offers spreads starting from 0.0 pips, and supports a maximum leverage of 1:400, particularly suitable for frequent traders.
Edge account: Another option, also requiring a minimum deposit of 800 USD, but its spreads start from 0.4 pips, slightly higher than the Raw+ account. This account type offers a maximum leverage of 1:400, suitable for those who prefer a slightly wider spread but still enjoy higher leverage.
Classiq account: Offers a lower entry threshold, with a minimum deposit of only 100 USD, spreads starting from 1.5 pips, and a maximum leverage of 1:500. It provides a platform for novice traders to easily access the market.
Vantage account: Provides a maximum leverage of 1:200, suitable for individuals who prefer higher leverage in their trades, with a minimum deposit requirement of 800 USD. Although the starting spread is 1.6 pips, it offers an opportunity for traders wishing to enter the market with slightly higher leverage.
Account Opening Process at FinPros:
First, customers need to visit FinPros's official website using a web browser. On the homepage, potential customers will find a prominent "Get Started" button, by clicking this button, they can begin the registration process.
During the registration process, customers are required to fill in a series of personal information, including name, email address, phone number, and residential address. This step is crucial for establishing an account, hence providing accurate information is very important. After completing these details, customers need to select a suitable trading account type based on their trading needs and preferences. FinPros offers a variety of account types, each with specific features and conditions to meet different traders' needs.
The final step in creating an account usually involves a verification process, where customers may need to upload copies of identity proof documents (such as passport or driver's license) and address proof (such as utility bills or bank statements). This step is to meet regulatory requirements, ensuring the trading environment's security and transparency.
Leverage and Spreads at FinPros:
FinPros offers diversified leverage and spreads options for different types of trading accounts to accommodate a wide range of trading strategies and risk preferences. For those seeking higher leverage to increase potential returns (while also increasing potential risks), FinPros's raw+ and edge accounts offer up to 1:400 leverage. For customers wishing to obtain higher leverage to expand the scale of their trades, the classiq account offers up to 1:500 leverage. In contrast, the vantage account attracts those who prefer a lower leverage ratio with a maximum leverage of 1:200.
In terms of spreads, FinPros offers different starting spreads according to the account type to meet the needs of different traders. The raw+ account attracts those focused on scalping strategies and minimizing trading costs with its extremely low starting spread of 0.0 pips. The edge account's spread starts from 0.4 pips, slightly higher, but still provides value for traders seeking competitive spreads. The classiq and vantage accounts' starting spreads of 1.5 pips and 1.6 pips, respectively, are suitable for traders with less strict spread requirements. In this manner, FinPros ensures traders of different trading styles and preferences can find suitable account types.
Trading Platform of FinPros:
FinPros offers the FinPros Social app, supporting both Android and iOS versions.
Deposit and Withdrawal Methods at FinPros:
FinPros provides a variety of deposit methods, offering traders the flexibility to fund their accounts. These methods include credit cards, bank wire transfers, cryptocurrencies, korapay, ozow, click, and pix. While this variety caters to different preferences, it is worth noting that the broker has yet to disclose its withdrawal methods.
Customer Support at FinPros:
FinPros offers customer support via email: SupportPros@FinPros.com.
Summary:
Overall, FinPros demonstrates its strength as a financial service provider through a variety of services and products, along with a commitment to customer support. Currently, FinPros is listed as "Active" on Traderknows.