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Pros

Low minimum deposit requirement, allowing for accessible entry for new traders.
Offers a variety of trading instruments, including cryptocurrencies and commodities.
Appears to provide a straightforward user interface for trading.

Cons

Unregulated and operates offshore, posing significant risk to investors.
Lack of reliable trading software and tools, limiting trading effectiveness.
Numerous complaints regarding withdrawal difficulties and overall service quality.

Prime Zone broker Accounts

Prime Zone Account Type

Prime Zone offers various account types tailored to meet the needs of different traders. Here are the available account types:

  • Standard Account
    • Minimum Deposit: $10
    • Spreads: From 1.2 pips
    • Commissions: $0
    • Leverage: 1:400
    • Margin Required: 2%
    • Minimum Lot Size: 0.01 lots
    • Stop Out Level: 30%
    • Margin Call Level: 100%
    • Execution Type: Non-dealing desk
    • Narrow Account
      • Minimum Deposit: $1,000
      • Spreads: From 1.0 pips
      • Commissions: $0
      • Leverage: 1:500
      • Margin Required: 2%
      • Minimum Lot Size: 0.01 lots
      • Stop Out Level: 30%
      • Margin Call Level: 100%
      • Execution Type: Non-dealing desk
      • Raw Account
        • Minimum Deposit: $5,000
        • Spreads: From 0.1 pips
        • Commissions: $6 per lot
        • Leverage: 1:200
        • Margin Required: 2%
        • Minimum Lot Size: 0.01 lots
        • Stop Out Level: 30%
        • Margin Call Level: 100%
        • Execution Type: Non-dealing desk

        Prime Zone Broker Account Opening Process

        The process to open a broker account with Prime Zone involves several steps:

        • Visit the Website: Go to the official Prime Zone website.
        • Choose Account Type: Select the account type that suits your trading needs (Standard, Narrow, or Raw).
        • Complete Application: Fill out the online application form with your personal information.
        • Submit Documentation: Provide any required documentation for verification.
        • Initial Deposit: Fund your account according to the minimum deposit requirement for the selected account type.
        • Account Activation: Wait for the account to be activated, after which you will receive your account details.
        • Start Trading: Once your account is active, you can begin trading on the platform.
        • For assistance, you can contact Prime Zone's customer support via email or phone.

Prime Zone accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Prime Zone Account