FinPros Review: Legit Broker or Just Another Scam?

We present to you a FinPros review, which appeared after our acquaintance with another Forex/CFD broker. The company offers customers trading in full compliance with regulatory requirements, favorable conditions, and complete security both when funding an account and when transmitting and executing orders. This all sounds very appealing, but such promises are made by scammers dozens of times every day as well. Naturally, this raises the desire to check whether this project was also created by fraudsters and whether its users risk losing all their invested funds. Below, we explain in detail what we found out.

Does FinPros Show Any Risk Factors?

Most brokers operating legally do not hide information about their place of registration and licensing, since regulators require full disclosure of this data. We can see that the owners of this project claim the platform is operated by FinPros Financial Ltd, which is registered in Seychelles under No. 8429300-1. The website also lists license number SD087, issued to this company by the local financial regulator — the Financial Services Authority (FSA) of Seychelles.

Note! This official information requires careful verification, since back in 2021 the Seychelles regulator published a warning to traders about the illegal use by scammers of several license numbers, including SD087. Since then, the list has remained relevant and is regularly updated.

However, this issue does not apply to the subject of our review. A check of the registration data confirmed that FinPros Financial Ltd does indeed have official registration in this offshore jurisdiction and a license with the specified number. The regulator’s information even states that the website finpros.com belongs to this company and that it operates under the trading name FinPros.

Thus, we are dealing with an officially registered platform operating under a Seychelles regulator license. This regulator does not impose restrictions on brokers that are as strict as those set by more authoritative bodies, such as those in the UK or Australia. That is why we see leverage of 1:1000 or 1:500 on the project’s website — and entirely legally.

FinPros has also published information on its website about the company (or group of companies) being established in 2021, as well as industry awards and recognitions received by the broker in 2024–2025. We were able to confirm some of these awards, for example, the “Best Institutional Business” award at IFINEXPO 2024 in Hong Kong. At the same time, some of the mentioned events and award ceremonies last almost the entire year, which is why certain awards referenced on the company’s official website could not be independently confirmed.

According to data from the Whois service, the operating domain finpros.com was registered in 2013. However, snapshots from the Web Archive show that as of January 2022, the broker’s website was still under development. This generally aligns with the timing of the platform obtaining its license.

That said, there are some oddities. A snapshot from February 2022 shows that the broker was operating under the company Finquotes Financial (Seychelles) Ltd, using the same registration number and the same license that the current company holds today. Why the company was renamed remains unclear. We were unable to find an explanation, and customer support refused to comment on this issue.

Note. There is another noteworthy detail: today the domain belongs to FQ Holdings LTD, registered on the Isle of Man. What relationship this entity has with the operating FinPros Financial Ltd is unknown. We assume it may also be established by the project’s owners, but there is no evidence to confirm this.

Over its period of operation, the broker has accumulated a relatively small number of online comments about its activities. On Trustpilot, there are only 23 reviews. Considering that the first finpros.com review was published in February 2023, this means users post about the company at an average rate of roughly one review per month. Notably, in 2025 the company received four out of four negative posts. All of them relate to withdrawal delays: users claim that the platform stopped processing requests within the timeframes specified in its documentation.

Opinions among experts from specialized portals are also divided. For example, its rating on WikiFX is 7.07 out of 10, while on Traders Union it is 3.56 out of 10. At the same time, all reviewers emphasize that a license from the Seychelles regulator is far from a document that should be trusted blindly. After all, this jurisdiction is a well-known offshore zone, and the requirements for Forex/CFD brokers there are much less stringent than in the UK, Europe, or Australia.

Let’s Break Down the Leverage

Since the FSA of Seychelles does not impose strict requirements on trading conditions, many companies holding its licenses use extremely high leverage levels. FinPros is one of them: the maximum leverage offered in its account plans is 1:1000 or 1:500, depending on the selected account type.

What does this mean for a trader? It means the ability to open positions with a volume 500–1000 times larger than the actual deposit. For example, with an account balance of $50, the holder of a cent account can open positions worth $50,000 or 0.5 standard lots (with 1:1000 leverage). On any other account type at this broker, the same deposit allows opening positions worth $25,000 or 0.25 standard lots (with 1:500 leverage).

The broker will claim that this is a great opportunity to earn quickly and in large amounts. Technically, this is true: the value of one pip in the examples above is $5 in the first case and $2.5 in the second. In practice, a profit of just 10–20 pips can double the client’s deposit. Nearly 100% of new traders fall into this trap.

Why is it a trap? Because the broker remains silent about the fact that risks grow proportionally. If the trade is entered against the price movement, the same 10–20 pips will completely wipe out the trader’s deposit. Since beginners usually lack a well-developed trading system, they can lose their invested capital within their very first trades. That is exactly what happens to most of them.

What is particularly interesting is that the broker is interested in this outcome. Since all trades with clients are executed on its own behalf, client losses become the company’s profits. Take a look at the FinPros website: do the platform’s representatives openly talk about this? We couldn’t find any such disclosures either. Do you still think this platform intends to deal with you honestly?

What Does the Finpros.com Website Reveal?

We would like to say only positive things about the broker’s official website. For instance, we can sincerely praise the designers for choosing a successful template, color palette, and font sizes. The images are somewhat disappointing, they are not very informative or original, and there are issues with efficient use of page space. However, these shortcomings do not significantly spoil the overall visual impression of the site.

Things are noticeably worse when it comes to content. For example:

• First, full contract specifications are nowhere to be found on the website. Instead, the homepage and the Markets section display tables titled Top Pricing List in Market, which do show current prices of trading instruments. Visually, this looks decent (once again, compliments to the designers), but it has almost no practical value for traders: the same information can be found in hundreds of other sources. Still, it probably makes an impression on casual visitors.
• Second, information about the company itself is extremely limited. As already mentioned, the site contains only basic details about registration and licensing, the broker’s founding date, and its awards. The latter ones are repeated from page to page, as if the developers were simply trying to fill empty space. No one seems to have considered publishing, for example, financial statements or a team presentation, materials that could significantly affect the broker’s reputation. That said, it is difficult to blame FinPros staff entirely: in our opinion, there are no professionals among them who truly understand traders’ needs and expectations.
• Third, the company chose not to publish useful materials such as market analytics, a news feed, or trader tools (the only thing we managed to find was an economic calendar). There are no educational materials for beginners either. Of course, no broker is legally obliged to publish such content, but its absence is yet another indication of the company’s low level of expertise.

At first glance, the registration process seems to be the only area without obvious issues. To create an account, a user only needs to fill out a very simple form, providing their first and last name, contact details, and a password for authorization. After submitting the form, the user immediately gains access to the personal account and can even deposit funds and start trading. Additional personal data (such as an address) and verification (Proof of Identity) are required only when submitting a withdrawal request.

Perhaps this workflow complies with the Seychelles FSC regulations. However, from the standpoint of a legitimately operating company, such an approach seems illogical. It would be far more reasonable to complete the full KYC procedure upfront and only then allow the client to trade. Otherwise, a situation may arise where a trader deposits funds and trades, but later fails verification. From the company’s perspective, this may be acceptable — extra money never hurts.

There is another serious issue as well. In the personal account, deposits can only be made in cryptocurrency. How the company implements its AML policy under such conditions is not disclosed. Most likely, this silence is due to the fact that the staff clearly understand that proper AML compliance in this setup is virtually impossible.

In short, the FinPros website looks good and that is where its advantages end. The amount of truly important information for traders is minimal, and the way the broker organizes interaction with clients leaves much to be desired.

Is the Broker Offering Fair or Risky Terms for Traders?

We have already mentioned that FinPros has replaced full contract specifications with tables showing current prices of trading instruments. From the standpoint of trade execution conditions, this substitution is far from equivalent. We could understand such an approach if all the missing information were provided in the account descriptions. However, here as well, the broker has demonstrated that it either does not understand traders’ needs or simply has no intention of meeting them.

As we can see, the company offers clients four types of trading accounts:

• Cent (account currency: US cents).
• ClassIQ.
• Pro.
• Raw+.

The remaining three accounts (excluding Cent) are denominated in US dollars. The minimum deposit for them is $50, the maximum leverage is 1:500, and the trade volume range is from 0.01 to 50 standard lots. The Stop Out level is set at 30%, and negative balance protection is applied.

The main differences between these accounts lie in the spread sizes and trading commissions. Commissions are zero on the ClassIQ and Pro accounts, while on the Raw+ account they amount to $2.5 per lot per side ($5 round-turn). In return, Raw+ offers the lowest spreads (from 0.1 pips), while on ClassIQ and Pro the spreads are floating and start from 1.6 and 0.9 pips respectively.

The Cent account has somewhat different parameters: the minimum deposit is $10, leverage is up to 1:1000, spreads start from 1.2 pips, and trade volumes range from 0.1 to 300 micro-lots (1 micro-lot = 0.01 of a standard lot).

Overall, the amount of information about trading conditions is greater than that provided by the vast majority of brokers currently operating online. However, it still cannot be called complete, as the following key details remain undisclosed:

• The order execution model (Instant Execution, Market Execution, etc.).
• The permitted levels for placing Stop Loss and Take Profit orders.
• Swaps (overnight fees) or the size of commissions replacing them on swap-free (Islamic) accounts.

The absence of information about swaps makes it impossible to fully assess a trader’s costs (they are irrelevant only for intraday trading) and, consequently, the potential profitability of working with FinPros.

At the same time, based on the published data, it can be stated with certainty that the risks go far beyond what is acceptable even for professional traders. Moreover, the probability of a complete loss of deposit in the very first trades approaches 100%. Of course, there is nothing illegal about this, since the regulator does not impose strict limitations on trading conditions. Nevertheless, the broker’s desire to appropriate clients’ deposits is visible to the naked eye.

Technical Support Analysis of FinPros

The list of the company’s contact details and communication methods on the Contact Us page is also far from exemplary. Users can find only the following:

• A mailing address allegedly belonging to the company’s office.
• A support email address.
• A feedback form.

In addition, an online chat is available on all pages of the website.

At first glance, this may seem like a solid set of communication options, but several questions remain unanswered:

• The address provided is used by dozens, if not hundreds, of companies registered in Seychelles. We clearly understand that it is a virtual address supplied by an intermediary that helps set up a business and obtain a license. Does this mean that FinPros has no real physical office at all?
• Why did the company not bother to provide phone numbers for customer support? Having phone support would allow traders’ issues to be resolved much faster. Or is this simply not among the broker’s priorities?
• Why are there no links to any social media pages on the website? We can understand this when scammers omit such links, projects designed to exist for only a few months do not need public groups or channels. However, when an established platform avoids social media entirely, it raises at least some confusion.