Today we have prepared a FinPros review of yet another Forex/CFD broker licensed in the Seychelles. The company is generous with promises: according to its statements, traders can expect operations under regulatory oversight, competitive trading conditions, and, of course, secure trading and non-trading transactions. We are ready to take these claims at face value, but we will still check whether users are being drawn into yet another scam project. The results of our analysis are presented below.

Key Points to Know

Main Website https://finpros.com
Additional Domains Not Found
Online Since 2013-06-20
Legal Entity Name FinPros Financial Ltd
Pretended to Be Regulated FSA of Seychelles
Fact-Checked Regulation FSA of Seychelles
Deposit to Start Trade $10
Leverage up To 1:1000
Spreads From 0.1 pts

What Stands Out About the Finpros.com Website

  • The company is registered in the Seychelles and holds a valid license from the local regulator.
  • The entry threshold is low — just $10 or $50 — making it affordable even for beginners.
  • Trading is conducted via one of the best terminals in the industry, MetaTrader 5.
  • The website contains very little information that is genuinely useful or in demand among traders.
  • Trading conditions are not disclosed in full.
  • Extremely high leverage, which makes trading risks unacceptable for most traders.
  • The company has no physical office and no profiles on social media.
  • There are very few reviews, and the most recent ones are negative.

Inside the Regionality of FinPros

Judging by the list of languages supported on the broker’s website, the project’s owners appear ready to provide services in almost every part of the world. In addition to English, the site is available in:

  • Chinese.
  • Vietnamese.
  • Indonesian.
  • Japanese.
  • Arabic.
  • Spanish.
  • Czech.

This suggests that the company’s interests extend at least to the Asia-Pacific region, the Middle East, South America, and parts of Europe. These are fairly ambitious plans, yet it is difficult to understand how FinPros intends to implement them. The reason is simple: a license issued by the Seychelles FSA, while one of the more reputable offshore licenses, does not automatically grant the right to provide brokerage services in other regions.

The company may accept traders from other jurisdictions only if the activities of foreign brokers/dealers are not prohibited in those countries and provided that the broker complies with both Seychelles regulations and local laws. In most cases, a license from the local regulator is required. Only then can legal issues be reliably avoided. Failure to follow these rules can result in problems for both the company and its clients.

Note! We can say with certainty that servicing clients from the Czech Republic and Japan would constitute a violation of the law for FinPros. To operate in Europe, a broker must hold a license from an EU regulator, and servicing Japanese traders requires a local license.

Trading Conditions Explained

We have already noted that FinPros has effectively refused to publish full contract specifications, replacing them with tables showing current quotes for trading instruments. This substitution is clearly inadequate. Such an approach could only be acceptable if all the missing information were provided in the descriptions of trading accounts. However, here the broker once again demonstrates either a complete misunderstanding of traders’ needs or a lack of willingness to take them into account.

Overview of the trading account types

We see that the company offers clients four account types:

  • Cent (the account is denominated in US cents).
  • ClassIQ.
  • Pro.
  • Raw+.

All accounts, except for Cent, are denominated in US dollars and share the following common features:

  • A minimum deposit of $50.
  • Maximum leverage of up to 1:500.
  • Trade volumes ranging from 0.01 to 50 standard lots.
  • A Stop Out level of 30%, with negative balance protection declared.

The key differences between these accounts come down to spread sizes and the presence of trading commissions. The ClassIQ and Pro accounts are commission-free, while Raw+ charges a commission of $2.5 per lot per side, or $5 per round turn. Spreads on Raw+ are as low as 0.1 pips, which is the minimum possible level. For ClassIQ, spreads start from 1.6 pips, while for Pro they begin at 0.9 pips.

The Cent account parameters differ significantly from the others. The minimum balance requirement is reduced to $10, leverage is increased to 1:1000, spreads start from 1.2 pips, and trade volumes range from 0.1 to 300 micro-lots (one micro-lot equals 0.01 of a standard lot).

Overall, the amount of information disclosed about trading conditions looks more substantial than that provided by most brokers actively operating online. Nevertheless, these details cannot be considered comprehensive, as several fundamentally important parameters remain undisclosed:

  • The order execution type, whether Instant Execution, Market Execution, or another model.
  • The minimum allowed levels for placing Stop Loss and Take Profit orders.
  • Swap rates (fees for holding positions overnight) or the commissions that replace them on Swap-Free (Islamic) accounts.
The lack of information about swaps makes it impossible to accurately assess a trader’s real costs. Market participants know that swap accounting is critically important for all trading strategies except intraday ones. Accordingly, it is also impossible to objectively judge the potential profitability of trading with FinPros.

At the same time, even based on the data already published, one clear conclusion can be drawn: the level of risk goes far beyond reasonable limits, including for professional traders. The probability of losing the entire deposit in the very first trades approaches certainty, regardless of the trader’s knowledge of money and risk management rules or their competent application. The reason is simple: with leverage of 1:500 or 1:1000, it is possible to lose all or most of the funds due to price movements that would normally be considered mere market noise.

Formally, this does not constitute a direct violation, since the regulator does not impose strict limits on trading conditions. However, the broker’s apparent eagerness to help clients part with their money as quickly as possible is clearly visible without much effort.

Checking Compliance with Legitimate Rules

What did we see above? A broker that claims to operate under a license obtained in Seychelles, while at the same time intending to serve clients from almost every corner of the world. It presents its trading conditions as competitive, yet does not disclose them in full. Moreover, the leverage offered on its accounts (1:500 or 1:1000) virtually guarantees unacceptable risks and capital losses for FinPros clients.

Such obvious scammer techniques are difficult to reconcile with the image of a regulated company. For this reason, we decided to verify the official information provided with particular care, starting with the company’s registration and licensing status.

On the official website, we see a statement that the broker is operated and owned by FinPros Financial Ltd. The company is registered in Seychelles under No. 8429300-1 and operates under license No. SD087, issued by the Financial Services Authority (FSA) of Seychelles.

Note! The license number cited has already been compromised. In 2021, the official website of the Seychelles regulator published a warning for traders about the illegal use of this license number by scammers.

Verification of the broker’s regulatory status in Seychelles.

A check in the FSA of Seychelles register showed that FinPros Financial Ltd does indeed hold a Securities Dealer license, uses the trading name FinPros, and operates the website finpros.com. Thus, there are no doubts regarding the authenticity of the information published by the company.

However, the policy of an offshore regulator does not imply strict limitations like those imposed by European or UK authorities. Therefore, leverage of 1:500 or 1:1000 does not violate current legislation and is set by the broker entirely legally. We even managed to find confirmation that the platform has received several prestigious awards and recognitions, a list of which it publishes on its website.

How Long Has FinPros Really Been Around?

Data provided by the Whois service indicate that the operating domain first appeared back in 2013. However, this does not mean that the broker has existed and operated online since that time.

Analysis of the domain history and ownership data.

Its history can be easily traced using snapshots from the Web Archive. They clearly show that as of January 2022, the website was not yet functioning and was still under development. The first snapshot of a fully operational web resource dates back only to February 2022.

Note! The snapshot shows that the company managing the website was called Finquotes Financial (Seychelles) Ltd, with the same registration number and license number that FinPros Financial Ltd uses today. Moreover, the domain is currently owned by FQ Holdings LTD. This suggests that a rebranding took place, but its reasons remain unknown, and the project owners prefer not to mention this important event at all.

Platform and Support Overview

For trading, the broker offers traders one of the best platforms in the industry — MetaTrader 5. Its advantages and disadvantages are well known, so there is no point in dwelling on them. We will only note that the use of this software is yet another confirmation of FinPros’ official registration. Otherwise, it would have had no chance of obtaining the platform from MetaQuotes.

However, the situation with contact details is noticeably worse. The Contact Us page lists only:

  • A postal address in Seychelles.
  • An email address.
  • A feedback form.

In addition, there is an online chat available on the website.

There is a problem with the address. We know that dozens of companies use it as their registered address, and all of them are located in the same office, No. 9A.

Review of the Seychelles address used by finpros.com.

It is obvious that the address is provided by an intermediary company specializing in company registration in Seychelles. Since it is the only address listed on the broker’s website, it is also clear that the broker has no “on-the-ground” office, which does not reflect well on it. This is further confirmed by the absence of any support phone numbers. At one point, we even thought that the project owners might not be doing very well, given that they seem to be saving money even on renting a virtual office.

This seemingly ironic thought is reinforced by the company’s complete absence from social media. It turns out that maintaining groups and channels is also beyond the company’s budget, while the potential benefits of access to millions of social media users appear to be of little value to it.

Online Reputation: What We Found

Interestingly, over three years of existence, FinPros has failed to gain real popularity online. For example, Trustpilot contains only 23 comments about its activities. Even considering that the first finpros.com review appeared there not in 2022 but in February 2023, user activity remains weak: on average, one post per month — clearly not what the project owners would hope for.

The content of these posts also raises concerns. While the earliest ratings were high and authors spoke positively about almost all aspects of the platform’s operations, in 2025 all 4 out of 4 recent reviews were negative. Each of them cites the same reason for dissatisfaction: the company either delays withdrawals or fails to process them at all, without any valid justification. This once again suggests that the broker’s situation is far from stable.

Notably, a similar picture can be observed across other platforms. For instance, on WikiFX, 2 out of 12 reviews are negative, posted in 2025, and also point to withdrawal issues. At the same time, FinPros’ scoring on this portal turned out to be relatively high — 7.07 out of 10. Most experts from other trading and investment-related websites rate the platform much more modestly. In their view, the broker’s overall rating is closer to neutral (average), but shifted toward the red (negative) zone.

Conclusion: Risks and Reliability of FinPros

In our FinPros review, we have tried to objectively outline the strengths and weaknesses of this broker. It is indeed officially registered and operates under a valid license issued by the FSA of Seychelles, and it offers trading via one of the industry’s best platforms — MetaTrader 5. Unfortunately, this is where the meaningful advantages end, while the list of drawbacks is far longer. The website provides very little information about either the company itself or its services, trading conditions are disclosed only partially, and the risks associated with leverage of 1:500 or 1:1000 are unacceptable even for professional traders. The company does not even have a physical (“on-the-ground”) office. In short, from our point of view, it is difficult to place trust in this broker — a conclusion supported by recent client feedback.

Sources

FSA of Seychelles license cheking.

Domain information by whois.

Web archive site history.

The following people worked on this review:

Maria Rodriguez
This review is written by
Maria Rodriguez
Multilingual Consultant
Edited by Sarah Mitchell

Maria Rodriguez is a financial consultant with over 10 years of experience in the global brokerage industry. She is fluent in English, Spanish and French, allowing her to help clients with varying levels of foreign language proficiency navigate online financial markets. Maria graduated from the Complutense University of Madrid with a Master’s degree in International Business.