The brand name FXPN which is mentioned in this article related to the website WWW.FXPN.COM, an old business which is no longer an affiliate network. FXPN is also a brand name by Leverate Financial Services Limited, a Cypriot Investment Firm regulated by the Cyprus Securities and Exchange Commission (CySEC) (License No.160/11) and operated under the website WWW.FXPN.EU”
FXPN, previously hailed as one of the fastest-growing affiliate networks for Forex and binary partners, is closing its operation as of January 15, 2014. The Israeli-based company was launched with great fanfare in September 2012 by the Leverate Group and began its network with ten premium Forex brands and more than 600 affiliates.
FXPN, or FX Partners Network, is a subsidiary of Leverate which allowed industry affiliates to choose and promote a variety of Forex and CFD brands. Leverate developed FXPN to cater to the unique needs of both partners and brokers in an affiliate marketing environment. It is interesting to note, however, that during the course of its short life, FXPN's broker list didn't expand significantly, and was mostly filled with unregulated brokers including NetoTrade, AstonForex and Fxlider.
DirectTrack Affiliate Software Technologies, FXPN's main trading platform which was custom developed by the FXPN team for use in broker and partner reporting, notified the company several weeks ago that they will cease operation as of March 2014 and Leverate announced that it too will no longer continue its affiliation services.
FXPN's back office login area will not be accessible as of Jan 15th but anyone doing business with a broker that was working with FXPN can continue their campaigns and generate commissions. In the meantime, Leverate will focus its efforts and resources on expanding its technology for Forex and binary options brokers.