Prima Capital foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://prima-capital.com/signup, about the company's legal and temporary regulatory information, the company's address Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.
Prima Capital Forex Broker
Basic information
Lebanon
1-2 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Overview of Prima Capital
Founded in 2023, Prima Capital is an unregulated broker registered in Lebanon, offering trading in forex, indices, commodities, metals, and cryptos CFDs trading with leverage up to 1:500 and spread from 0.0 pips via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is as low as 50 USD.
Pros & Cons
| Pros | Cons |
| Various trading assets | No regulation |
| Demo accounts | Unknown payment options |
| Multiple account types | Regional restrictions |
| MT5 supported | |
| Copy trading | |
| Low minimum deposit | |
| Comprehensive customer support |
Is Prima Capital Limited Legit?
No, Prima Capital is noted as being unregulated, which means it does not hold a license from any of the known financial regulatory bodies that oversee trading practices.
Operating without regulation can pose risks to traders because they may not have the same level of protections that regulated firms offer, such as compensation schemes or dispute resolution services.
Market Instruments
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Types
| Account Type | Min Deposit |
| PRIMA CLASSIC | $50 |
| PRIMA VIP | $10,000 |
Leverage
Prima Capital offers leverage up to 1:500 for both account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads & Commissions
| Account Type | Spread | Commission |
| PRIMA CLASSIC | From 1.2 pips | ❌ |
| PRIMA VIP | From 0.0 pips | $7 per lot |
Trading Platform
Prima Capital utilizes the MetaTrader 5 (MT5) trading platform for its operations. MetaTrader 5 is a highly regarded platform in the online trading community for its advanced features and capabilities.
It offers a wide range of tools for price analysis, algorithmic trading applications (such as Expert Advisors), and advanced financial trading functions. MT5 supports trading in forex, stocks, and commodities and provides traders with access to a comprehensive set of technical indicators, graphical objects, and detailed charting tools.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | / | Experienced traders |
| MT4 | ❌ | / | Beginners |
Rating Index
PRIMA VIP
PRIMA CLASSIC
Prima Capital Similarly Rated Brokers
Latest Reviews
FX1491336922
Cyprus
Dropping 50 bucks into Prima Capital and I was off to the races. I got my hands on everything from forex to indices, commodities, metals, and the wild world of cryptos. And that MetaTrader 5 platform? Pretty rad and flexible. The spreads and commissions were fair game too. All round decent experience.
Positive
2024-05-15
军@临天下
Hong Kong
I focus mainly on commodities, and it offers everything I need. Trading energies, metals, and other products with ultra-tight pricing has significantly enhanced my trading outcomes. The flexibility in lot sizes also fits perfectly with my trading style.
Positive
2024-06-27