FinPros Review

FinPros Review

Min deposit: $100


Company Name
Finquotes Financial Ltd


US Traders Accepted
Deposit Currencies
Trading Platform
Minimum Trade
0.01 Lots
Trading Instruments
Online Since
English, Cestina, Espanol, Portuguas
Demo Account

FinPros is a multi-asset Forex and CFD broker. Traders can invest in over 400 instruments via the MetaTrader 5 terminal. This 2022 review will cover regulatory oversight, platform features, bespoke software, account types, trading fees, and more. Find out if our experts recommend opening an account with FinPros.

Company Details

FinPros was founded in 2020, registered in Seychelles with company registration number: 8429300-1, having its registered office at CT House, Office 9A, Providence, Mahé, Seychelles. Finquotes ‘Financial (Seychelles) Ltd’ is regulated by the Financial Services Authority (FSA) of Seychelles as a Securities Dealer with license number: SD087.

FinPros offers a range of tradeable instruments including forex pairs, cryptocurrencies, indices, metals, energies and global stocks with low transaction fees and access to advanced trading tools.

The FinPros bespoke trading engine is located next to liquidity partners meaning direct access to liquidity pools for the best prices and trade executions. In fact, the brokerage offers savings of up to 53% and a 27% increase in execution speeds.

New clients can get started in under a minute, with instant account activation and zero deposit or withdrawal fees.

Trading Platforms

FinPros offers the MetaTrader 5 (MT5) platform. This is an award-winning, multi-asset tool that can be downloaded to desktop and mobile devices. Clients can also access MT5 web trader from any suitable device without the need to download. The MetaTrader brand offers multilingual services including in English, so you can be assured of simple navigation wherever you are located.

When we used the FinPros MT5 platform, we were impressed with the suite of sophisticated indicators and drawing tools, customizability, and straightforward navigation.

Features include:

  • 21 timeframes
  • Partial order filling
  • Six pending order types
  • Market depth functionality
  • Multi-thread strategy tester
  • Integrated economic calendar
  • 38 built-in technical indicators
  • Access to Expert Advisors (EAs)
  • Open up to 100 charts at a time
  • MetaQuotes Programming Language 5 (MQL5)
FinPros broker review
MetaTrader 5

How To Place A Trade

The automated AI can guide clients to verify, deposit and trade in just a few minutes. Once you have opened a new account, you can start trading. You will need to fund your account with the relevant initial deposit requirement, ClassiQ account from only $100. Alternatively, compare other accounts.

You can then download MT5 to a Windows or Mac device, or use the platform via major web browsers, such as Google Chrome or Internet Explorer.

To open a position:

  1. Click on ‘new order’ which is located second from the left in the top navigation bar. A separate screen will then pop out. Alternatively, you can approve one-click trading via the ‘options’ logo, meaning you can trade directly from charts
  2. Select the asset you want to trade via the Market Watch window or search in the toolbar, for example EUR/USD
  3. Enter the required details, including order type, volume and stop loss or take profit. You can also add comments, ideal for new investors as a reference or those wishing to track trading activities
  4. Confirm the order
  5. FinPros also provides a number of “How to videos” on their YouTube channel


The broker follows a no-dealing desk execution model, meaning all orders are processed using the best market prices available. An ultra-fast cross-connect system is used, with data routing speeds below one micro-second.

The broker can process up to 10,000 trades per second with 25 Gbps SmartNIC ASIC network cards which facilitate high-frequency trading. FinPros servers are also co-located with its liquidity partners at Equinix LD4.

Assets & Markets

FinPros offers 400+ instruments:

  • Stocks – Trade 300+ company stocks including Walmart, Tesla and Apple
  • Commodities – Speculate on the price of precious metals and energy including Brent oil, gold and silver
  • Indices – Trade on nine of the world’s largest stock indices including FTSE100, S&P500 and NASDAQ
  • Forex – Trade 80+ major, minor and exotic currency pairs including EUR/GBP, GBP/JPY and USD/CAD
  • Cryptocurrency – Take positions on eight digital currencies including Bitcoin, Ethereum, Litecoin and Ripple

FinPros Fees

Spreads and commissions vary between account types and instruments. The broker’s aim is to provide a pricing model that suits users’ trading styles and strategies. As a result, some accounts charge spreads rather than commissions while other solutions provide raw, tight spreads with a small commission.

  • ClassIQ offers a cheaper-than-average spread, combined with a lower initial deposit requirement vs other FinPros accounts. There are no commissions with this profile. We were offered spreads from 1.5 pips on EUR/USD. The FTSE 100 index can be traded at 2 points.
  • RAW+ offers ultra-tight, raw spreads from 0.0 pips during periods of high liquidity. A small commission fee (from $2 per side) applies. Average spreads based on the past quarter for the GBP/JPY and EUR/GBP were both 0 pips.
  • Edge offers tight spreads from 0.4 pips with $0 commission fees. The average spreads based on the past quarter for the GBP/JPY and EUR/GBP were 0.5 pips and 0.4 pips, respectively. The NASDAQ index can be traded at 1.15 points.
  • Vantage utilizes institutional swap rates with a standard retail spread. You will find slightly higher spreads vs the other FinPros profiles, but swap charges for positions held overnight are more competitive. The GBP/USD currency pair is offered at 1.6 pips and the DAX 40 index at 2.3 points.

Accounts dormant for more than 90 days will be charged a recurring inactivity fee of $20 per month.

Leverage Review

Maximum leverage varies by account type and instrument. The ClassIQ profile offers the highest margin, with leverage up to 1:500. It is important to note that although high leverage can increase potential returns, it can also amplify losses.

When we used the FinPros platform, we could easily amend our available leverage within the client portal to suit our trading strategy and risk tolerance.

Mobile App

MetaTrader 5 is available as a mobile-compatible app. The application can be downloaded to iOS and Android devices from the relevant app store.

The MT5 app is fully navigational for smaller screens with zoom and contract chart and graph functionality, plus access to full account management. One-click trading is also available, along with MetaTrader’s automated trading bots, live signals, and drawing tools.

The broker does not currently offer a bespoke mobile app, though this is something that may be introduced in the future.

Payment Methods


The broker accepts payments via credit/debit card, bank wire transfer, cryptos, Korapay. Bank transfers are subject to a minimum deposit of 200 units of the account base currency.

FinPros does not charge any deposit fees, though some banking institutions may charge accounting fees for transfers. Finpros will reimburse bank wire fees for deposits above 200 USD/EUR/GBP/CAD. It is worth noting that deposits are not permitted until identity verification is complete.


FinPros processes client withdrawals the same day if requests are made within working hours. However, the time taken for funds to clear will depend on the payment method. This can vary between three to five working days for bank wire transfers, for example, crypto withdrawals in just a few minutes.

There are no payment fees charged by the broker but there is a minimum withdrawal limit of 200 units of the base currency for bank wire transfers.

Note, withdrawal requests for amounts exceeding 70% of the client’s free margin will not be processed.

FinPros Demo Account

A free MT5 demo account is available to new or existing FinPros traders. When we used the demo terminal, we were offered flexible leverage and unlimited virtual funds. The paper trading profile is the ideal place to practice investing risk-free or interchange between a live profile to fine-tune a strategy.

To sign-up, complete the online registration form as if you were opening a live profile. There is an option to open a practice profile once you have logged in.

Deals & Promotions

While using FinPros, we were not offered any financial incentives or welcome bonuses. This is a shame as many offshore brokers offer promotions due to the limited restrictions in place.

Keep an eye on the website for the latest news and upcoming offers.

Regulation & Licensing

Finquotes Financial (Seychelles) Ltd is regulated by the Financial Services Authority (FSA) of Seychelles as a Securities Dealer. This is an offshore regulatory authority, meaning you may not receive the level of protection or support provided by brokers registered with the UK Financial Conduct Authority (FCA), for example.

Nonetheless, it is good to see some retail client safeguards in place, including negative balance protection as standard on all account types.

Additional Features

FinPros offers a number of Trading Tools from Trading Central such as Technical Views, Economic Calendar and Alpha Generation, these are available for traders to use for free. There are also Finpros in-house produced videos which clients can access for free on their YouTube channel.

Clients can make use of several tools to help spot market opportunities and make educated trading decisions:

Technical Views

Technical Views provides actionable trading setups. Users can discover new trade ideas and analyse the best timings for market entry and exit points. It combines automated quantitative algorithms to give you clear market intellect. Traders benefit from full instrument coverage, clear and actionable trading plans plus frequent daily updates.

FinPros Technical Views
Technical Views

Alpha Generation

Alpha Generation is a set of custom indicators available on the MetaTrader 5 platform. They can help find new opportunities and identify potential entry and exit points. Users get access to:

  • Trading setups displayed within MT5 charts
  • Tailored candlestick patterns for price action trading
  • ADC entry and exit signals adapted to the latest market conditions

To get started, simply download the plugin from the client area and run the program.

Economic Calendar

A fully customizable Economic calendar is available where traders can select events in order of importance, Low, Medium, High. Also, there are filters for G7, European Union, All Countries and even down to country specific.

Account Types

FinPros offers several retail trading accounts. The profiles follow different pricing structures and offer a range of features to help investors find an account that best suits their needs.

All accounts offer a minimum trade size of 0.01 (0.1 on indices) on lots and full access to the broker’s list of trading instruments. Account currencies include USD, EUR, GBP, CAD, and USDT.

Demo accounts are also available for each profile type, so you can get a feel for the trading conditions before depositing funds.


The tightest spreads with a small commission from $2 per side. Suitable for individuals looking to trade frequently or aiming to reduce overall trading costs, including day traders and scalpers.

  • Spreads from 0.0 pips
  • From $2 commission per side
  • Maximum leverage 1:400
  • Enquire with your account manager for minimum deposit requirement


Low spreads with zero commission. Suitable for individuals looking to cut commission fees and ideal for EAs.

  • No commissions
  • Spreads from 0.4 pips
  • Maximum leverage 1:400
  • Enquire with your account manager for minimum deposit requirement


Suitable for swing traders. Benefit from real-time institutional swaps. Islamic investors can also use the Vantage profile and comply with Shariah Law.

  • No commissions
  • Spreads from 1.6 pips
  • Maximum leverage 1:200
  • Reduced overnight fees
  • Enquire with your account manager for minimum deposit requirement


Competitive spreads and the lowest initial deposit requirement, perfect for beginners.

  • No commissions
  • Spreads from 1.5 pips
  • Maximum leverage 1:500
  • $100 or equivalent currency minimum deposit requirement

How To Sign Up

It is quick and easy to open a new account with FinPros. To register, select the ‘Start Now’ logo on the top right of each web page. Complete the application form and provide the relevant verification details (in line with the firm’s KYC and AML policies).

When we registered for a new profile, we were impressed with the fast and fully automated service. In fact, the broker’s system recognizes over 8000 global ID document types and can activate accounts in less than 60 seconds.

FinPros sign-up guide


Our experts found several key advantages to trading with FinPros:

  • Ultra-low latency
  • Free demo account
  • MetaTrader 5 platform
  • Negative balance protection
  • Trading Tools by Trading Central
  • No deposit and withdrawal fees
  • Commission-free stock trading
  • 21 seconds average response time
  • Fully automated account registration process
  • A choice of live accounts and pricing models


While using FinPros, we also identified several downsides:

  • Only one trading platform
  • Limited regulatory oversight
  • No welcome bonuses or loyalty promotions

Trading Hours

Trading hours will vary by instrument. Currency pairs are typically available 24/5 and cryptocurrencies can be traded 24/7.

A full calendar with published trading hours per instrument can be found on the broker’s website under the contract specification section. Keep an eye out for upcoming market closures such as public holiday dates.

Customer Support

FinPros offers reliable customer contact options, with help desk services available 24/5:

  • Email –
  • Helpline Phone Number – +357 25263 263
  • Live Chat – logo located at the bottom right of each webpage
  • My Tickets – traders can open a ticket directly from their client area
  • Online Contact Form – located on the ‘Contact Us’ webpage
  • Social Media Channels – Facebook and Instagram

When we used the online support line, we received a response within one minute. The broker also complies with a “first responder policy”, guaranteeing quick solutions through a single point of contact.

Their live channels boast an impressive 21-second average response time with over 95% of queries resolved in the first contact.

Despite the positives, it was disappointing to find no FAQ support for self-guided questions on account errors, the meaning of key finance words and terms, or user guides and introductions to platforms and tools.

Safety & Security

When we used FinPros, we felt assured of their security stance. Communication transmissions are executed with top-tier SSL data encryption. The broker also uses a secure client area with two-factor authentication (2FA) and high-standard password requirements. Additionally, no personal data amendments can be made until ID verification is complete.

The broker uses a security PIN communication method, which is unique and generated for each account. This is used in all communication between the brokerage and retail clients to help protect against fraud and scam messages.

Client funds are also held in segregated accounts and the broker has professional indemnity insurance.

FinPros Verdict

With several account types and pricing structures, no deposit and withdrawal fees, plus useful market insights and trading tools, FinPros is a good choice, particularly for beginners. The only key drawbacks are the limited platform options and offshore regulation.

Follow the registration link below to start trading with FinPros today.

Accepted Countries

FinPros accepts traders from all countries except Afghanistan, Botswana, Central African Republic, Chad, Cuba, Korea, Congo, Guinea, Eritrea, Guinea-Bissau, Guyana, Iran, Iraq, Laos, Lebanon, Libya, Myanmar, Palestine, Belarus, Sudan, Tajikistan, Trinidad And Tobago, Turkmenistan, United States, Uzbekistan, Vanuatu, Yemen, Zimbabwe.

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