FinPros is a relatively new forex broker, but it offers a fairly comprehensive range of trading instruments. Check here to find out how to open an account with FinPros.

A Complete Guide to Open FinPros Account

Officially operating since 2020, FinPros is a global multi-asset broker regulated by the FSA Seychelles. Apart from forex, this provider of segregated accounts also offers instruments such as stocks, cryptocurrencies, indices, oil, gold, silver, and energies.

There are four types of accounts available at FinPros broker: ClassiQ, Raw+, Edge, and Vantage. Additionally, there is a demo account that can be used for practice or testing strategies.

In this discussion, we will explore how to register on FinPros broker, both for real and demo accounts.

Website
Established
2020
Leverage
1:500
Min Deposit
$100
Regulation
FSA (Seychelles)
Personal manager
Trading contests
Segregated accounts
VPS
Free education
Wire transfer

 

How to Sign Up for a FinPros Real Account

Opening a real account on FinPros is quite easy and does not take much time, including the verification and deposit process. Follow the steps below for FinPros registration until it is ready to be used for trading:

  1. Visit the FinPros website and click on the "Start Now" button.
    Steps to Open a Real Account on FinPros

  2. Provide your personal details, including name, email, password, country of residence, phone number, and choose the account currency. Ensure you check the approval box below and then click "Register Now."
    Steps to Open a Real Account on FinPros

  3. Check your email inbox. There will be an email from FinPros providing detailed information about your account. Save this data for logging into FinPros.
    Steps to Open a Real Account on FinPros

  4. Subsequently, you will be directed to verify your account by uploading specific documents. Follow the outlined steps for a seamless process.Steps to Open a Real Account on FinPros

  5. Upon completion, proceed to initiate a deposit by clicking on the "My Profile" menu, where the "Deposit" button is located.
    Steps to Open a Real Account on FinPros

  6. Select the desired deposit amount. If the amount you want is not listed, click on "Other Amount" and enter the sum. Choose your preferred deposit method and follow the provided instructions until the deposit is successfully processed.
    Steps to Open a Real Account on FinPros

  7. Congratulations! The setup of your FinPros real trading account is finished and ready for active use in trading.

For more clarity, check the video on opening a real account with FinPros along with the verification process here.

 

How to Sign Up for a FinPros Demo Account

If you are still a beginner and want to practice first, it's advisable to open a FinPros demo account. In this account, you can trade using a certain amount of virtual money provided by the broker, so you don't need to use real money initially. You can also use this demo account later when you become more proficient to test out strategies.

  1. Navigate to the "Trading Accounts" section within your client area.

  2. Select the "New FinPros Demo Account" button.
    Steps to Open a Demo Account on FinPros

  3. Opt for your preferred account currency and the type of demo account you wish to create.
    Steps to Open a Demo Account on FinPros

  4. Following that, specify the amount of virtual funds and the desired leverage level. After completing these selections, click "Submit Request". FinPros will proceed with your request within seconds.

  5. You're done. The screen will present details about your newly created account, encompassing the trading account number, password, and investor password.
    Steps to Open a Demo Account on FinPros

 

FinPros Account Types: Which One to Choose

As mentioned earlier, there are 4 types of Finpros accounts, namely ClassiQ, Raw+, Edge, and Vantage. What are the differences? Let's break it down below.

To summarize and simplify considerations, here's a comparison table of the four FinPros accounts.

Features ClassiQ Raw+ Edge Vantage
Minimum deposit $100 Enquire Enquire Enquire
Spread 1.5 0.0 0.4 1.6
Commission $0/lot per side $2/lot per side $3.5/lot per side $0/lot per side
Leverage 1:500 1:200 1:400 1:400
💻Execution type Market execution Market execution Market execution Market execution
⛔Minimum volume 0.01 lots 0.01 lots 0.01 lots 0.01 lots
☑️Maximum volume 50 lots 50 lots 50 lots 50 lots
Platform MetaTrader 5 MetaTrader 5 MetaTrader 5 MetaTrader 5
💲Account currency USD, EUR, GBP, CAD, JPY, MNT USD, EUR, GBP, CAD, JPY, MNT USD, EUR, GBP, CAD, JPY, MNT USD, EUR, GBP, CAD, JPY, MNT

The ClassiQ accounts offered by FinPros are well-suited for individuals who are new to trading. Moving forward, FinPros has the Raw+ account. This account is well-suited for individuals who engage in scalping or day trading. Next up is the Edge account, which is also well-suited for scalpers and day traders. Lastly, there is a Vantage account type. Furthermore, considering the other conditions of this account, strategies such as swing or position trading would be more apt for implementation.

 


FinPros is an FSA-licensed global broker headquartered in Mahe, Seychelles. Commencing its operations in 2020, the broker provides a comprehensive array of assets, including forex, stocks, cryptocurrencies, indices, oil, gold, silver, and energies.