Forex City Pro is a broker that targets the Iranian market directly with a dedicated Persian domain, Persian support and Tether deposits and withdrawals. In this overview, we review Forex City Pro's licensing status, accounts, payment methods and risks based on Teagle's data, so you have a clear picture before making any deposit.
What kind of broker is Forex City Pro?
Forex City Pro operates under the company name Forexcitypro for Financial Consulting Limited and offers trading in forex, metals, commodities, indices and cryptocurrencies on MetaTrader 5. Its Teagle profile lists 2011 as the founding year, but according to official published information, the company was registered in Saint Lucia in 2024 under registration number 2024-00625. This discrepancy matters, because it shows the current company's actual track record is shorter than the founding year suggests.
Forex City Pro licenses and credibility
No active license is recorded for Forex City Pro in Teagle's license list. According to Teagle's data, the company is only registered in Saint Lucia and is not supervised by any reputable or even offshore regulator. The FAQ also mentions a license from the Kurdistan Region of Iraq's Ministry of Economy, but this license does not appear in Teagle's list of regulators and does not count as financial oversight of brokerage activity. Registering a company in an offshore jurisdiction is not the same as holding a brokerage license; to understand the difference, read the article broker regulation and its tiers and the guide to offshore and onshore brokers .
Does Forex City Pro serve Iranians?
Yes. Forex City Pro has set up a dedicated Persian-language domain for Iranians, through which it handles registration, support, and deposits and withdrawals. Teagle's expert also considers easy access and the Persian version among its strengths. However, "no live support response" is listed among its drawbacks, and Teagle notes that public information about some services and the technical details of the accounts is incomplete.
Forex City Pro trading accounts
This broker offers four accounts on MetaTrader 5, all commission-free, with floating spreads, leverage up to 1:500, a 15% stop-out and an Islamic (swap-free) version:
- Standard account: minimum deposit of $50 and spreads from 0.9 pips;
- Pro Standard account: minimum deposit of $250 and spreads from 0.6 pips;
- Advanced account: minimum deposit of $250,000 and spreads from 0.4 pips;
- Elite account: minimum deposit of $3 million and spreads from 0 pips.
The trading instruments listed for all accounts are forex, energy, metals and indices. The margin call level is not recorded and the requote status is unclear. The $50 minimum deposit on the Standard account is a low entry point, but 1:500 leverage carries high risk; before using it, see the guide to leverage and leveraged trading and, to gauge the real cost of trading, read the article spread in forex .
Forex City Pro platforms and services
The only listed platform is MetaTrader 5, whose Android and iOS versions can be downloaded from the broker's website. The broker's services include rebates, education, expert advisors and trading robots, and an economic calendar, and scalping and hedging are also listed as allowed. If you plan to use a robot, read the guide to expert advisors and trading robots .
Deposits and withdrawals at Forex City Pro
Teagle's payment table lists three methods: Rial, Tether (USDT) and Perfect Money; deposits via all three are stated to be free and instant, with withdrawals processed within 2 hours. In the features section, however, only Tether is listed as a deposit and withdrawal method, so ask support which methods are active before depositing. Withdrawal fees and minimum and maximum withdrawal amounts are not included in Teagle's data.
Forex City Pro's score and risk on Teagle
Forex City Pro's final score on Teagle is 2.6 out of 5, the average of two sources: Trustpilot 2.8 and WikiFX 2.4; no Teagle user reviews have been submitted yet. Its Teagle Eye risk index is 66 out of 100, in the "High risk" category; the main reason is the absence of any active license. See this broker alongside other high-risk brokers in the Teagle ranking warning list .
Pros and cons of Forex City Pro
- Pro: dedicated Persian website and services for Iranians
- Pro: low minimum deposit on the Standard account
- Pro: Islamic option on all accounts and commission-free accounts
- Con: not regulated, with no active license
- Con: no live support response and incomplete information about the accounts
- Con: short history of the registered company and low scores on review sources
Who is Forex City Pro suitable for?
According to Teagle, this broker appeals to Iranian traders who use MetaTrader 5 and value easy access, but it is not suitable for those who care about regulatory oversight. Before deciding, weigh it against another Iran-focused option in the Forex City Pro vs. Zagros Broker comparison .
Conclusion
Forex City Pro is easy for Iranians to access, but with no reputable license and a high risk rating on Teagle Eye, you have to manage the safety of your capital yourself. If you choose to work with it, start only with a small amount, make a test withdrawal before adding more capital, and follow new warnings on the risk warning page .