Bold Prime Forex broker specializes in providing foreign exchange trading services, the company's official website https://my.boldprime.com/register/, the company's legitimate regulatory information AustraliaASICAppointed Representative(AR),AustraliaASICAppointed Representative(AR),AustraliaASICAppointed Representative(AR), to enhance the security of the company's address Hamchako, Matsamudu, Autonomous Island of Anjouan, Union of Comoros.
Bold Prime Forex Broker
Basic information
Comoros
2-5 years Regulated in Australia Appointed Representative(AR) MT4 Full License MT5 Full License cTrader Global Business Australia Appointed Representative(AR) Revoked High potential riskCompany profile
Bold Prime Information
Bold Prime is a Forex CFD provider that provides tradable instruments including CFDs, Options, Indexes, Shares, and Commodities. The broker also provides four live accounts with a maximum leverage of 1:2000. The minimum spread is from 0.0 pips and the minimum deposit is $15. Traders can also use MT4 and MT5 trading with Bold Prime and experience 24-hour customer support.
Pros and Cons
| Pros | Cons |
| MT4/MT5 available | High max leverage |
| 24-hour customer support | Unspecific deposit and withdrawal information |
| Regulated | Some negative comments: scam |
| Spread from 0.0 pips | |
| Various tradable instruments |
Is Bold Prime Legit?
Bold Prime is regulated by ASIC under license No.001305306 and License Type Appointed Representative(AR), making it safer than unregulated.
What Can I Trade on Bold Prime?
Bold Prime offers various market instruments, including Over 27 Different FOREX CFD Pairs, Options, Indexes, Shares, and Commodities.
| Tradable Instruments | Supported |
| Options | ✔ |
| CFDs | ✔ |
| Indexes | ✔ |
| Shares | ✔ |
| Commodities | ✔ |
Account Type
Bold Prime has four account types: MT4 Prime ECN, MT4 Prime Standard, MT5 Prime ECN, and MT5 Prime Standard. Traders who want low spreads and leverage can choose ECN accounts, while those with a small budget can open an MT4 Prime Standard account.
In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus). Muslims are allowed to open Islamic accounts without swaps.
| Account Type | MT4 Prime ECN | MT4 Prime Standard | MT5 Prime ECN | MT5 Prime Standard |
| Minimum Deposit | $150 | $15 | $150 | $50 |
| Leverage | 1:500 | 1:2000 | 1:500 | 1:1000 |
| Spread | From 0.0 pips | From 1.5 pips | From 0.0 pips | From 1.5 pips |
Bold Prime Fees
The spread starts from 0.0 pips. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:2000 meaning that profits and losses are magnified 2000 times.
Trading Platform
Traders can conduct financial activities in MT4/MT5 available in iOS, AQndroid, and Windows. Junior traders prefer MT4 over MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems. (The MT4 platform focuses on the Forex and CFD markets, while the MT5 platform deals with the Forex, Futures, Stocks, Bonds, and Options markets.)
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | iOS/Android/Windows | Junior traders |
| MT5 | ✔ | iOS/Android/Windows | Experienced traders |
Deposit and Withdrawal
The first deposit amount must be $15 or above. However, transfer processing times, methods, and associated fees are unknown.
Rating Index
Standard
Cent
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Latest Reviews
Putera Bongsu
Malaysia
more than 3 days status still pending
Exposure
2024-04-15
Kelvin8156
United States
please do not trust this company , they got me conied and took all my money , check my profile to get help in getting back your money from those thief
Exposure
2024-01-04
FX2742559301
Malaysia
Currently, I am unable to log into the system, and my account balance is approximately $42,640 USD. I was only able to withdraw $5,344 USD (approximately 22,984 Malaysian Ringgit) before my account was directly frozen, preventing any further logins. Below are the screenshots I managed to take before the account was frozen; I couldn't capture the rest. I hope you can help me retrieve my funds! Thank you.
Exposure
2024-10-04