Profile
FinPro Trading review assesses an offshore forex and CFD broker that previously offered raw ECN pricing and support for algorithmic strategies through MetaTrader platforms. FinPro was once known for its low latency execution and support for EAs; however, its regulatory status and operational continuity have been in question since ceasing operations in multiple jurisdictions.
Regulation and Safety
FinPro Trading was operated by FinPro Holdings Ltd, a company previously registered in Saint Vincent and the Grenadines. The firm was not regulated by any Tier-1 or Tier-2 financial authority. No investor compensation scheme or oversight by FCA, ASIC, or CySEC was ever established. As of recent updates, the broker appears to have suspended operations, and its website is offline.
Execution Model and Trading Platforms
When active, FinPro Trading promoted a True ECN/NDD model with ultra-low spreads. Platform options included:
- MetaTrader 4 (MT4) – full desktop, mobile, and web
- cTrader (for ECN clients – limited rollout)
- FIX API – for high-frequency traders
- VPS hosting for latency-sensitive strategies
Scalping, news trading, and automated systems were fully supported with no restrictions.
Markets and Instruments
FinPro Trading provided CFD access to a moderate selection of instruments:
- Forex – 50+ currency pairs (majors, minors, exotics)
- Indices – SPX500, NAS100, UK100, GER30
- Commodities – oil, gold, silver
- Shares – selected US and European blue chips
- Cryptocurrencies – BTC/USD, ETH/USD (offered post-2017)
Asset coverage was typical of mid-tier offshore brokers during its operational years.
Accounts, Spreads and Leverage
FinPro Trading had two account types before ceasing activity:
- Classic Account: Spreads from 1.5 pips, no commission
- ECN Account: Raw spreads from 0.1 pips, $7/lot commission
Key conditions included:
- Leverage up to 1:500
- Stop-out level at 20%
- Minimum deposit: $25 (Classic), $250 (ECN)
- Islamic (swap-free) accounts were available upon request
Funding and Base Currencies
At its peak, FinPro accepted deposits and withdrawals in USD, EUR, and GBP. Payment methods included:
- Bank wire transfers
- Credit/debit cards
- Skrill, Neteller
- Bitcoin (later added)
Withdrawal processing times were reported as 2–5 business days, although numerous traders cited delays before operations ceased.
Client Protections and Features
Due to its unregulated status, FinPro Trading did not offer negative balance protection, investor compensation, or capital safeguard mechanisms. Other operational features included:
- FIX API access for institutions
- Custom EA hosting via VPS
- Client area for managing trades and funding
Security was limited to account-level password protections and 2FA was not enforced.
Institutional and Retail Offering
FinPro catered mainly to retail traders and semi-professional clients. Institutional services such as white-label or prime brokerage were not formally supported, though FIX access and tailored commission structures were negotiable for high-volume clients.
Pros and Cons
Pros
- True ECN pricing with deep liquidity (when operational)
- FIX API and VPS hosting supported
- Ultra-low spreads on major pairs
- High leverage up to 1:500
- Support for automated trading and EAs
Cons
- No Tier-1 regulatory oversight
- Operations have ceased – no longer active
- No client protection schemes or fund insurance
- Website and client portal offline as of latest checks
- History of slow withdrawals and lack of transparency
Frequently Asked Questions
Is FinPro Trading still operating?
No, FinPro Trading is no longer operational. Its website is offline and services have ceased.
Was FinPro Trading regulated?
No, FinPro was not regulated by any major financial authority. It operated from offshore jurisdictions without formal oversight.
What platforms did FinPro Trading offer?
FinPro supported MetaTrader 4 and cTrader, along with FIX API for high-frequency and algorithmic traders.
What was the leverage offered?
Leverage was up to 1:500, depending on account type and jurisdiction.
Can I still open an account with FinPro?
No, the broker has ceased accepting clients and its infrastructure is no longer accessible.