FXPN Review 2026: Is This Forex Broker Safe?

FXPN is a forex broker established in 2019 and headquartered in Belarus. While it has maintained a presence in the market for several years, its current standing raises significant questions for potential investors. The broker currently holds a considerably low WikiFX Score of 1.68, reflecting a mix of active local regulation and revoked offshore licensing statuses that traders must weigh carefully before opening an account.

Pros and Cons of FXPN

Based on the available data, here is a breakdown of the strengths and weaknesses of this broker FXPN:

• ✅ Regulated Entity: Operates under the supervision of the National Bank of the Republic of Belarus (NBRB).
• ✅ Established History: Founded in 2019, operating for over 5 years.
• ❌ Low Safety Score: A WikiFX score of 1.68 indicates potential risks.
• ❌ Revoked License: The CYSEC (Cyprus) license associated with its network constitutes a “Revoked” status.
• ❌ Trading Limitations: Does not support Expert Advisors (EAs).
• ❌ Support Delays: While customer service is available via email and Instagram, users may experience long wait times.

FXPN Regulation and License Safety

The most critical aspect of any broker review is the validity of its regulatory framework. FXPN presents a mixed profile in this regard.

Belarus NBRB (Active)

FXPN is operated by Leverate Capital Markets Limited Liability Company, which is regulated by the National Bank of the Republic of Belarus (NBRB) under license number 193295922. This indicates that the broker complies with the local financial laws of Belarus, providing a layer of oversight for clients within that specific jurisdiction.

Risk Warning: Revoked CYSEC Status

Traders should be aware of a significant red flag involving an affiliated entity, Leverate Financial Services Ltd. Data indicates that the license from the Cyprus Securities and Exchange Commission (CYSEC) (License No. 160/11) is currently Revoked. In the forex industry, a revoked license often signals previous compliance failures or a strategic withdrawal from a jurisdiction, necessitating extreme caution.

Customer Support and Trading Standards

While detailed data on spreads and leverage is not currently specified, FXPN has clear policies regarding its trading environment. Notably, the broker does not support Expert Advisors (EA), which limits strategies for traders relying on automated algorithms.

Regarding support, services are provided currently in English. Traders can contact the team via:

• Email: support@fxpn.by
• Social Media: Instagram

However, feedback suggests that while answers are eventually provided, response times can be lengthy compared to industry standards.

Final Verdict

FXPN operates with a valid license in Belarus but suffers from a very low trust score due to revoked licensing in other major jurisdictions like Cyprus. The lack of support for automated trading (EAs) and reported delays in customer service further limit its appeal for professional traders.

For safety, traders are advised to exercise caution. Always verify you are visiting the official regulated domain to prevent phishing, and ensure the URL is correct before entering your FXPN login credentials to access the client portal.

To stay safe and view the latest regulatory certificates, check FXPN on the WikiFX App.