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A+ Prime foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://a-plusprime.com/open-live-account/, about the company's legal and temporary regulatory information, the company's address .

A+ Prime Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
A Plus Prime Limited
Abbreviation
A+ Prime
Company employee
--
Customer Service Email Address
info@a-plusprime.com
Contact Number
+44 (0) 208 144 5666
Company Website
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

ECN ACCOUNT

Minimum Deposit
$50,000

PRO ACCOUNT

Minimum Deposit
$2500

  

A Prime Forex Broker - Complete Information Guide

  

1. Broker Overview

  A Prime Broker is a financial services firm that provides a range of services to institutional clients, including hedge funds, mutual funds, and other large investors. Established in 2018, A Prime operates from its headquarters in the United Kingdom, although it does not provide specific details about its physical office locations. The company is privately owned, which allows for more flexibility in its operations compared to publicly traded entities.

  A Prime Broker primarily serves the forex and cryptocurrency markets, catering to a diverse clientele that includes retail traders and institutional investors. The broker has made significant strides since its inception, focusing on creating a robust trading environment that supports various trading strategies. Key milestones in its development include the launch of its proprietary trading platform and the establishment of partnerships with liquidity providers to enhance trade execution.

  The business model of A Prime is centered around retail forex trading, offering services that include access to various trading instruments, market analysis, and customer support. The broker aims to provide a comprehensive trading experience, combining advanced technology with personalized service, thereby establishing itself as a competitive player in the financial markets.

  

2. Regulation and Compliance Information

  A Prime Broker operates under the regulatory oversight of several key financial authorities. However, it is crucial to note that the broker currently does not hold a specific license from any major regulatory body, which raises concerns regarding its compliance with industry standards. The lack of regulation can pose significant risks to clients, as they may have limited recourse in case of disputes.

  The broker's operations are not confined to a single jurisdiction; it serves clients globally, but the absence of a clear regulatory framework means that its legal entities across different regions may vary. Client funds are reportedly held in segregated accounts, which is a standard practice intended to protect client assets in the event of the broker's insolvency. However, the specifics regarding the investor compensation fund participation remain unclear, as the broker has not publicly disclosed this information.

  A Prime Broker claims to adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. These measures are designed to prevent fraud and ensure that the broker conducts thorough due diligence on its clients. However, the effectiveness of these measures cannot be fully assessed without independent verification from a regulatory authority.

  

3. Trading Products and Services

  A Prime Broker offers a diverse range of trading products, primarily focusing on forex trading. The broker provides access to a wide variety of currency pairs, including major, minor, and exotic pairs, catering to the needs of both novice and experienced traders. In addition to forex, A Prime also offers Contracts for Difference (CFDs) on various asset classes, including indices, commodities, stocks, and cryptocurrencies.

  The broker is committed to regularly updating its product offerings, introducing new trading instruments to meet the evolving demands of the market. Retail trading services are complemented by tailored solutions for institutional clients, including liquidity provision and execution services. A Prime also offers white-label solutions for businesses looking to enter the trading space under their brand.

  The asset management services provided by A Prime are designed for clients seeking professional management of their investment portfolios. The broker emphasizes transparency and performance, aiming to build long-term relationships with its clients through consistent communication and reporting.

  

4. Trading Platforms and Technology

  A Prime Broker supports multiple trading platforms to accommodate various trading styles and preferences. The widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms are available, offering traders a familiar and robust environment for executing trades. These platforms are known for their user-friendly interfaces, advanced charting tools, and automated trading capabilities.

  In addition to the MetaTrader platforms, A Prime has developed its proprietary trading platform, which is designed to provide enhanced features and functionalities tailored to its clients' needs. This platform is accessible via web browsers and mobile applications, supporting both iOS and Android devices, ensuring that traders can manage their accounts and execute trades on the go.

  The broker employs an ECN (Electronic Communication Network) execution model, which facilitates direct market access and provides traders with competitive spreads. A Prime's technological infrastructure is built on secure servers located in strategic financial hubs, ensuring low latency and efficient trade execution. Furthermore, the broker offers API access for algorithmic trading, allowing clients to integrate their trading systems seamlessly.

  

5. Account Types and Trading Conditions

  A Prime Broker offers various account types to cater to different trading needs. The standard account requires a minimum deposit, with competitive spreads and commissions designed to appeal to retail traders. Advanced account types, such as VIP and professional accounts, provide additional benefits, including lower spreads and personalized support.

  The broker also offers specialized accounts, including Islamic accounts that comply with Sharia law, ensuring that all trading conditions are in line with Islamic finance principles. For traders looking to practice their strategies, A Prime provides a demo account option, allowing users to explore the trading platform and test their strategies without financial risk.

  Leverage options at A Prime are competitive, with varying ratios depending on the asset class, enabling traders to maximize their potential returns. The minimum trade size is set at a level that accommodates both novice and experienced traders, while overnight fees are applied to positions held beyond the trading day, in accordance with industry standards.

  

6. Fund Management

  A Prime Broker supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirements vary by account type, ensuring that traders can select an option that aligns with their financial capabilities. Deposits are processed within a reasonable timeframe, allowing clients to fund their accounts swiftly.

  While the broker does not charge deposit fees, clients should be aware of potential fees imposed by payment processors. Withdrawal options are similarly diverse, with specific limitations based on the chosen method. Withdrawal processing times are generally efficient, but clients are encouraged to review the broker's policies to understand the applicable fees and timelines associated with their withdrawals.

  A Prime maintains a transparent fee structure, detailing any costs related to deposits and withdrawals on its website. This transparency is crucial for traders to manage their funds effectively and avoid unexpected charges.

  

7. Customer Support and Educational Resources

  A Prime Broker offers multiple support channels, including telephone, email, live chat, and social media platforms. The customer support team is available during business hours, providing assistance to clients across different time zones. The broker supports several languages, ensuring that clients from diverse backgrounds can communicate effectively.

  To enhance client knowledge and trading skills, A Prime provides a range of educational resources, including webinars, tutorials, and eBooks. These resources cover various topics, from basic trading principles to advanced strategies, helping traders make informed decisions.

  Market analysis services are also available, offering daily insights, news updates, and research reports to keep clients informed about market trends. Additionally, the broker provides trading tools, such as calculators and economic calendars, to assist traders in their decision-making processes.

  

8. Regional Coverage and Restrictions

  A Prime Broker primarily serves clients in Europe and Asia, with a focus on markets that have a high demand for forex and CFD trading. The broker has established a presence in several regions, although specific details regarding regional offices are not publicly disclosed.

  Certain countries are restricted from accessing A Prime's services, typically due to regulatory compliance issues. Clients from these regions should verify their eligibility before attempting to open an account. The broker aims to comply with local regulations, ensuring that its operations are legitimate and transparent.

  In summary, A Prime Broker is positioned as a competitive player in the forex and CFD trading landscape, offering a range of products and services tailored to meet the diverse needs of its clients. While the absence of specific regulatory oversight raises concerns, the broker's commitment to client service and technological innovation remains a focal point of its operations.

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Latest Reviews

FX3070389256

FX3070389256

Argentina

After making my deposit of $20,671, the page crashed. It seems that it went bankrupt, or that the company never had that domain address. In short, they have scammed me, and the agent is absent and does not respond

Exposure

2022-03-17

FX3442038926

FX3442038926

Colombia

The webpage was missing. It was a fake website of scams. They took $10,000 away from me. I had no way to get any compensation.

Exposure

2021-10-28

A+ Prime Forex Broker has an overall rating of 1.52, Regulatory Index 0.00, License Index 0.00, Business Index 7.11, Software Index 4.00 Risk Control Index 0.00.