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Breitling Prime foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://login.breitlingprime.com/auth/register, about the company's legal and temporary regulatory information, the company's address Chase Business Centre 39-41 Chase Side London N14 5BP.

Breitling Prime Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Breitling Prime Ltd
Abbreviation
Breitling Prime
Company employee
--
Customer Service Email Address
support@breitlingprime.com
Company address
Chase Business Centre 39-41 Chase Side London N14 5BP
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
Australia Appointed Representative(AR) Revoked
High potential risk

Company profile

Aspect Information Company Name Breitling Prime Registered Country/Area United Kingdom Founded Year Within 1 year Regulation FinCEN and ASIC Minimum Deposit Not mentioned Maximum Leverage 1:1000 Trading Platforms Desktop Trader, Mobile Trader Tradable Assets Forex, Metals & Commodities, Indices, Shares CFDs, Cryptos Account Types Standard Account Demo Account Not mentioned Customer Support Email, and LINE Deposit & Withdrawal Not mentioned Educational Resources Economic Calendar, Forex Introduction Overview of Breitling Prime Breitling Prime is a forex broker headquartered in the United Kingdom. Established within the past year, it has quickly gained recognition in the industry. Committed to providing a secure and transparent trading environment, Breitling Prime operates under the regulations of two respected authorities: FinCEN and ASIC. Traders can access a wide range of assets, including forex, metals & commodities, indices, shares CFDs, and cryptocurrencies. With a maximum leverage of 1:1000, Breitling Prime offers the opportunity to amplify trading positions and potentially maximize profits. The brokerage provides advanced trading platforms, namely the Desktop Trader and Mobile Trader, which offer user-friendly interfaces and comprehensive tools to support trading activities. Traders can stay informed through the economic calendar, which highlights key market events and news releases. Additionally, Breitling Prime offers educational resources that introduce traders to the fundamentals of forex trading and aid in the development of effective strategies. Is Breitling Prime legit or a scam? Breitling Prime is committed to providing a secure and regulated trading environment for its clients. Here are two regulatory authorities associated with Breitling Prime: 1. Financial Crimes Enforcement Network: Breitling Prime holds a license issued by FinCEN with License No.: 31000239932199. FinCEN is a bureau of the U.S. Department of the Treasury responsible for combating money laundering and other financial crimes. This license signifies Breitling Prime's compliance with anti-money laundering (AML) regulations and its commitment to maintaining a transparent and safe trading environment. 2. Australian Securities & Investments Commission (ASIC): Breitling Prime is licensed by ASIC with License No.: 001302891. ASIC is the regulatory body responsible for overseeing financial services and markets in Australia. By obtaining this license, Breitling Prime demonstrates its adherence to the regulatory standards set by ASIC, including fair trading practices, client fund protection, and operational transparency. These regulatory licenses indicate that Breitling Prime operates within the legal framework defined by these authorities, providing clients with the assurance that their funds and personal information are protected, and that the company operates with integrity and transparency. Pros and Cons Breitling Prime offers the advantage of being regulated by both FinCEN and ASIC, ensuring a secure and compliant trading environment. With a wide range of trading assets available, traders have the opportunity to diversify their portfolios and explore various financial markets. The high leverage of up to 1:1000 provides the potential for amplified profits. Additionally, Breitling Prime provides free educational resources, allowing traders to enhance their knowledge and trading skills. However, it is worth noting that the specific details regarding deposit and withdrawal methods are not mentioned, and the absence of MT4/MT5 platforms may be a limitation for traders who prefer these popular trading platforms. Furthermore, customer support may be limited, which could impact the level of assistance available to traders. Pros Cons Regulated by FinCEN and ASIC Deposit and withdrawal details not mentioned Wide range of trading assets No MT4/MT5 High leverage of up to 1:1000 Limited customer support Free educational resources Market Instruments Breitling Prime offers a wide range of market instruments to cater to the diverse trading needs of its customers. Here are the market instruments provided by Breitling Prime: 1. Forex: Trade in the foreign exchange market with over 50 currency pairs, including major, minor, and exotic pairs. Benefit from competitive spreads and fast execution to capitalize on currency price movements. 2. Metals & Commodities: Speculate on the price movements of precious metals like gold and silver, as well as trade various commodities such as oil, natural gas, agricultural products, and more. Take advantage of market opportunities in these valuable assets. 3. Indices: Access major international stock indices without any commissions, requotes, or hidden mark-ups. Participate in the performance of global stock markets by trading indices like the S&P 500, FTSE 100, DAX, and more. 4. Shares CFDs: Trade Contract for Difference (CFDs) on shares of top global companies without actually owning the underlying shares. Benefit from the flexibility of trading popular stocks and potentially profit from their price movements. 5. Cryptos: Breitling Prime allows traders to trade popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and more. Take advantage of the volatility in the crypto market and explore trading opportunities in this emerging asset class. With this diverse range of market instruments, Breitling Prime provides traders with ample opportunities to diversify their portfolios, implement various trading strategies, and potentially profit from market movements in different financial products. Account Types Breitling Prime offers a Standard Account tailored for professional traders, providing them with a stable and reliable trading environment. Here are some key features of the Standard Account: 1. Unparalleled Trading Conditions: The Standard Account ensures traders benefit from stable trading conditions. With no commissions charged on any transactions, traders can execute trades without additional fees impacting their profitability. Breitling Prime sources quotes from over 25 top-tier liquidity partners and dark pool liquidity, ensuring competitive pricing and reliable trade execution. 2. Safeguarding of Funds: Breitling Prime prioritizes the protection of client funds. Through the segregation of client funds, traders can have peace of mind knowing that their funds are kept separate from the company's operational funds. This arrangement provides an additional layer of security for traders' investments. 3. Excellent Industry Reputation: Breitling Prime has established a strong reputation in the industry. With a focus on trust and commitment, the company upholds core values that prioritize the best interests of its clients. This commitment to integrity and reliability has contributed to the trust placed in Breitling Prime by traders. How to Open an Account? To open an account with Breitling Prime, please follow the steps below: 1. Visit the official website of Breitling Prime at https://breitlingprime.com/. 2. Click on the “Open Account” button, usually located prominently on the homepage. 3. You will be directed to the account registration page. Fill in the required information accurately and completely. This typically includes personal details such as your name, email address, contact number, and country of residence. 4. Choose the type of account you wish to open. Breitling Prime may offer different account options tailored to various trading needs, such as a Standard Account or other account types. 5. Agree to the terms and conditions of Breitling Prime. Then, complete the verification process, which may involve providing necessary identification documents to verify your identity and comply with regulatory requirements. The specific documents required may vary depending on your jurisdiction and the regulations in place. 6. Proceed to fund your trading account. Breitling Prime usually provides multiple deposit methods, such as bank transfers, credit/debit cards, or e-wallets. Select the preferred method and follow the instructions to deposit funds into your account. Once your account is successfully opened and funded, you will receive login credentials. You can then log in to your trading account using the provided credentials and start trading in the financial markets through Breitling Prime's trading platforms. Leverage Breitling Prime offers a high leverage ratio of 1:1000, allowing traders to control larger positions in the market with a smaller amount of capital. This high leverage provides the potential for increased profits but also carries higher risk. Traders should exercise caution, understand the risks involved, and implement proper risk management strategies when utilizing the 1:1000 leverage option. Spreads &Commissions Trading Platform Breitling Prime offers a proprietary trading platform. Their platform is accessible on various devices. Here is an overview of the trading platform offered by Breitling Prime: 1. Desktop Trader: The desktop trader is a popular choice among global investors. It combines simplicity, speed, and a full range of features. Traders can customize charts, access over 250 trading instruments, utilize expert advisors (EA), and benefit from ultra-fast executions. The platform also offers built-in indicators for market analysis and guaranteed stop orders to manage risk. 2. Mobile Trader: Breitling Prime provides mobile apps for iOS and Android devices. The mobile trader offers a user-friendly layout, allowing traders to trade on the go. It provides real-time pricing and execution, the ability to open and close positions anytime, place buy/sell orders, view trading history, and access various technical indicators and analytical charting tools. These trading platforms empower traders to monitor their accounts, adjust trading strategies, and execute trades conveniently. Customer Support Breitling Prime provides customer support through various channels. If you have any inquiries or need assistance, you can contact them using the following methods: 1. Email: You can reach out to Breitling Prime's customer support team by sending an email to support@breitlingprime.com. They will respond to your queries and provide the necessary assistance. 2. Physical Address: Breitling Prime's office is located at Chase Business Centre, 39-41 Chase Side, London, N14 5BP. If you prefer face-to-face communication or need to send any physical correspondence, you can visit their office during working hours. These contact options allow customers to reach out to Breitling Prime and receive the support they need. Whether it's through email or visiting their physical address, their customer support team is available to address any concerns or provide guidance regarding their services. Educational Resources Breitling Prime offers a range of educational resources to help traders enhance their knowledge and trading skills. These resources include: 1. Economic Calendar: Stay updated with the latest economic events, news releases, and important market announcements that can impact trading decisions. The economic calendar provides valuable insights into key indicators and events that influence various financial markets. 2. Forex Introduction: Whether you are new to forex trading or want to deepen your understanding, Breitling Prime provides educational materials to introduce you to the world of forex. Learn about currency pairs, market dynamics, trading strategies, and more. resources that can help analyze market trends and patterns. Conclusion In conclusion, Breitling Prime offers several advantages to traders, such as being regulated by reputable authorities like FinCEN and ASIC, a wide range of trading assets for diversification, high leverage of up to 1:1000 for potential profit amplification, and access to free educational resources. However, there are a few notable disadvantages to consider, including the lack of specific information about deposit and withdrawal methods, the absence of MT4/MT5 platforms that some traders may prefer, and the potential limitation of customer support. It is important for traders to weigh these factors and consider their individual needs and preferences when deciding whether to trade with Breitling Prime. FAQs Q: Is Breitling Prime a regulated forex broker? A: Yes, Breitling Prime is regulated by both FinCEN and ASIC, ensuring a secure and compliant trading environment. Q: What licenses does Breitling Prime hold? A: Breitling Prime holds a license issued by FinCEN and ASIC. Q: What trading platforms does Breitling Prime offer? A: Breitling Prime offers the Desktop Trader and Mobile Trader platforms, providing user-friendly interfaces and comprehensive trading tools. Q: What leverage does Breitling Prime offer? A: Breitling Prime offers a maximum leverage of 1:1000, allowing traders to control larger positions in the market with a smaller amount of capital. Q: Does Breitling Prime provide educational resources? A: Yes, Breitling Prime offers educational resources such as an economic calendar and forex introduction materials to enhance traders' knowledge and skills. Q: What are the account types offered by Breitling Prime? A: Breitling Prime offers a Standard Account tailored for professional traders, providing stable trading conditions and no commissions on transactions.

Rating Index

Breitling Prime Forex Broker - Complete Information Guide

1. Broker Overview

Company Name: Breitling Prime Ltd

Founded: 2023

Headquarters Location: Chase Business Centre, 39-41 Chase Side, London, N14 5BP, United Kingdom

Company Nature: Private ownership

Primary Markets and Clientele: Breitling Prime primarily services retail forex traders and institutional clients, focusing on diverse trading needs across various asset classes.

Company Development and Milestones: Since its establishment in 2023, Breitling Prime has rapidly gained attention in the forex trading industry, though it has faced scrutiny regarding its regulatory status and operational practices.

Parent Company or Group Relations: There is no public information indicating that Breitling Prime operates under a larger corporate group.

Business Model Overview: The broker operates on a retail forex model, providing trading services for foreign exchange, commodities, indices, and cryptocurrencies.

The Breitling Prime broker aims to offer a comprehensive trading experience, emphasizing user-friendly platforms and a wide range of trading instruments.

2. Regulatory and Compliance Information

Main Regulatory Authorities:

  • Financial Crimes Enforcement Network (FinCEN), License No: 31000239932199
  • Australian Securities and Investments Commission (ASIC), License No: 001302891 (Note: This license has been revoked)

Validity and Scope of Regulatory Licenses: The licenses held by Breitling Prime are intended to ensure compliance with anti-money laundering (AML) regulations. However, the revocation of its ASIC license raises concerns about its operational transparency.

Legal Entities in Different Regions: Breitling Prime operates primarily under the UK entity, but it has also registered in Australia. However, it is not listed on the Financial Conduct Authority (FCA) register, indicating a lack of regulation in the UK.

Client Fund Segregation Policy: The broker claims to prioritize the safeguarding of client funds by segregating them from operational funds, although the effectiveness of this practice remains uncertain.

Investor Compensation Fund Participation: There is no evidence that Breitling Prime participates in any investor compensation schemes, which poses a risk for clients in case of broker insolvency.

KYC and AML Compliance Measures: Breitling Prime is required to comply with KYC and AML regulations, but the effectiveness and implementation of these measures are not publicly detailed.

The second mention of the Breitling Prime broker highlights its regulatory landscape, which is critical for potential investors to understand.

3. Trading Products and Services

Number of Forex Currency Pairs and Major Varieties: Breitling Prime offers access to over 50 currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on various forex market movements.

CFD Product Categories: The broker provides a diverse range of Contract for Difference (CFD) products, including:

  • Indices: Trade major international stock indices.
  • Commodities: Access to commodities such as oil, gold, and agricultural products.
  • Stocks: CFDs on shares from top global companies.
  • Cryptocurrencies: Trading options for popular cryptocurrencies like Bitcoin and Ethereum.

Special Products or Unique Trading Varieties: Currently, there is no indication of unique or proprietary trading products offered by Breitling Prime.

Product Update Frequency and New Additions: The broker has not publicly specified the frequency of product updates or the introduction of new trading instruments.

Retail Trading Services: Breitling Prime focuses on retail trading services, catering to individual traders with a variety of account types and trading platforms.

Institutional Client Services: There is no specific information available regarding services tailored for institutional clients.

White Label Solutions: No information is provided about whether Breitling Prime offers white label solutions.

Asset Management Services: There are no indications that asset management services are offered by Breitling Prime.

The breadth of products and services available through the Breitling Prime broker allows traders to engage with a variety of financial instruments, although the lack of unique offerings may limit appeal.

4. Trading Platforms and Technology

MetaTrader 4/5 Support Status: Breitling Prime does not support the widely used MetaTrader 4 or MetaTrader 5 platforms, which may be a drawback for traders accustomed to these platforms.

Proprietary Platform Details: The broker offers a proprietary trading platform known as Desktop Trader, which is designed for user-friendliness and efficiency.

Web-Based Trading Platform: The Desktop Trader is accessible via web browsers, providing flexibility for traders.

Mobile Applications: Breitling Prime provides a mobile trading application for both iOS and Android devices, allowing traders to manage their accounts on the go.

Execution Model: The broker claims to utilize a no-dealing desk (NDD) execution model, which is designed to provide better pricing and faster execution.

Server Locations and Technical Infrastructure: Specific details regarding the server locations and technical infrastructure supporting the trading platform have not been disclosed.

API Access and Automated Trading Support: There is no public information on whether Breitling Prime offers API access for automated trading.

The third mention of the Breitling Prime broker showcases the technological aspects of its trading services, which are essential for traders seeking efficient execution and robust platforms.

5. Account Types and Trading Conditions

Standard Account Conditions: The broker offers a standard trading account with the following conditions:

  • Minimum Deposit: Not specified
  • Spread: Not publicly disclosed
  • Commission: No commissions on transactions

Advanced Account Types: There is no information available regarding advanced account types such as VIP or professional accounts.

Special Accounts: There is no mention of special accounts such as Islamic accounts or corporate accounts.

Demo Account Policy: Breitling Prime does not offer a demo account, which is typically a standard feature among reputable brokers.

Leverage Ratios: The broker offers a maximum leverage of up to 1:1000, which can amplify both potential profits and risks.

Minimum Trade Size: Specific details regarding the minimum trade size have not been disclosed.

Overnight Fees Policy: Information on overnight fees is not provided, leaving traders to inquire directly with the broker.

The trading conditions provided by the Breitling Prime broker indicate a focus on standard trading accounts, but the lack of transparency regarding fees and account types may concern potential clients.

6. Fund Management

Supported Deposit Methods: The broker supports various deposit methods, including bank transfers, credit cards, and electronic wallets, although specific details are not disclosed.

Minimum Deposit Requirements: The minimum deposit requirement varies by account type but is not explicitly stated.

Deposit Processing Times: The broker has not provided information regarding the processing times for deposits.

Deposit Fees: There are no clear details on any potential deposit fees associated with funding an account.

Withdrawal Methods and Restrictions: Information about withdrawal methods and any associated restrictions is not provided.

Withdrawal Processing Times: The broker does not disclose the expected processing times for withdrawal requests.

Withdrawal Fee Structure: There is no information available regarding withdrawal fees.

The fourth mention of the Breitling Prime broker emphasizes the importance of understanding fund management practices, especially in light of the lack of transparency regarding deposit and withdrawal conditions.

7. Customer Support and Educational Resources

Support Channels: Customers can reach out to Breitling Prime through email and possibly phone support, although no specific phone number is provided.

Service Times and Time Zone Coverage: The broker does not specify its customer support hours or the time zones covered.

Multilingual Support: There is no information on whether customer support is available in multiple languages.

Types of Educational Resources: Breitling Prime offers educational resources, including an economic calendar and introductory forex materials, to help traders enhance their knowledge.

Market Analysis Services: The broker does not provide specific details about market analysis services, such as daily analyses or research reports.

Trading Tools: There is no specific mention of trading tools such as calculators or signal services.

The customer support and educational resources provided by the Breitling Prime broker appear limited, which may impact the trading experience for new clients seeking guidance.

8. Regional Coverage and Restrictions

Primary Service Markets: Breitling Prime primarily targets markets in the United States, Canada, Japan, China, and Cambodia.

Regional Office Distribution: There is no information regarding the distribution of regional offices, with the main office located in the UK.

Countries/Regions Not Accepted: The broker does not accept clients from certain jurisdictions, including those with stringent regulatory frameworks.

Special Restriction Notes: Specific restrictions related to trading in certain countries are not detailed.

In summary, the Breitling Prime broker operates in a complex regulatory environment, and potential clients should be aware of the risks associated with trading with an unregulated broker. The information provided in this guide aims to equip traders with the necessary insights to make informed decisions.

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Latest Reviews

Lorelei St. James

Lorelei St. James

Malaysia

While I appreciate Breitling Prime's variety of tradable assets, and the security that comes with regulation by FinCEN and ASIC, I'm a bit disappointed with their lack of transparency on deposit and withdrawal methods. Moreover, the absence of MT4/MT5 platforms, which I'm more familiar with, and the potentially limited customer support do create some limitations. But overall, I'm willing to see how this new platform evolves.

37130

2023-12-07

Constantine Alistair Fitzroy

Constantine Alistair Fitzroy

Australia

Breitling Prime has impressed me with its fast growth and commitment to security and transparency. As an active trader, the wide variety of assets to trade with, including forex and shares CFDs, plus the fact that the trading environment is regulated by both FinCEN and ASIC, gives me significant confidence in my trading. On top of that, their high leverage ratio of 1:1000 offers great opportunities for potential profit maximization.

37130

2023-12-06

タマ

タマ

Japan

It's been 6 days since I received an email stating that the money will be transferred within 2 to 4 business days, but I haven't heard anything yet. I'm in trouble!

Exposure

2023-07-20

Breitling Prime Forex Broker has an overall rating of 1.37, Regulatory Index 0.00, License Index 0.00, Business Index 5.92, Software Index 4.00 Risk Control Index 0.00.
Breitling Prime