PrimeX Broker Account Type

PrimeX Broker offers several account types tailored to meet the diverse needs of traders. The main account types include:

• 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

PrimeX Broker Account Opening Process

To open a PrimeX Broker account, follow these steps:

• Visit the Website: Go to the PrimeX Broker website.
• Select Account Type: Choose the account type that suits your trading needs.
• Fill Registration Form: Complete the registration form with your personal information.
• Verification: After submitting the form, you will receive a confirmation email. Follow the instructions to verify your account.
• KYC Documentation: Prepare and submit necessary KYC documents, which may include:
• Certificate of incorporation
• Ultimate beneficial owner (UBO) information
• Identification proof and proof of residence for UBOs and authorized persons
• Source of funds
• FATCA declaration
• Professional investor declaration
• Account Setup: Once your KYC is approved, your account will be set up, and you will receive instructions on how to proceed.
• Deposit Funds: Make the required minimum deposit to activate your trading account.

For further assistance, you can contact the PrimeX support team.