Prime Forex Forex Broker

Prime Forex Review SummaryFounded2006Registered Country/RegionIndiaRegulationNo regulationTrading ProductCurrenciesDemo Account❌Leverage/Spread/Trading Platform/Minimum Deposit₹50,000 (for door delivery orders)Customer SupportPhone: 044 2256 6060Email: support@primeforex.inPrime Forex Information Prime Forex, an India-based currency trading company, was formed in 2006. It is not regulated by India's main financial regulators, such as the RBI or SEBI. The company offers foreign exchange services to visitors, students, and corporations, primarily from Chennai Airport.Pros and ConsProsConsLong historyNo regulationNo online trading platformDemo accounts not availableNo info on deposit and withdrawalIs Prime Forex Legit? Prime Forex, which is registered in India, is not subject to any of the country's financial regulatory authorities, such as the Reserve Bank of India (RBI) or the Securities and Exchange Board of India. According to the WHOIS database, the domain primeforex.in was registered on February 5, 2007, and will expire on February 5, 2026. The domain was last updated on May 31, 2025, and is now protected by the following status flags: clientTransferProhibited, clientUpdateProhibited, clientRenewProhibited, and clientDeleteProhibited.What Can I Trade on Prime Forex?Trading InstrumentsSupportedCurrencies✔Commodities❌Indices❌Stocks❌Cryptocurrencies❌Bonds❌Options❌ETFs❌ Prime Forex Fees When it comes to money changers and retail forex services in India, Prime Forex's costs are lower and comparable to the industry standard. The price scheme is easy to understand. There are flat transaction fees and fair delivery fees that depend on the size of the item and how far away it is.Fee TypeAmountForex Transaction Conversion Fee₹100 per forex order (flat)Minimum Order for Door Delivery₹50,000Door Delivery Charges- ₹150 (within 10km, ₹50K–₹1L orders)