Company profile
Prime FX Trades Review Summary Founded2024 Registered Country/RegionUnited Kingdom RegulationNo regulation Market InstrumentsForex, Commodities, Indices, Cryptocurrencies Demo Account❌ Leverage/ Spread/ Trading PlatformProprietary platform Minimum Deposit$200 Customer SupportEmail: support@primefxtrades.comPrime FX Trades Information Prime FX Trades is an unregulated online broker that started in 2024 and is situated in the UK. It lets you trade forex, indices, commodities, and cryptocurrencies. It only offers a few types of accounts with defined investment terms, only allows bitcoin transactions, and doesn't have any monitoring from financial regulators like the FCA or ASIC.Pros and Cons ProsCons Supports trading in multiple asset classesNo regulation Three investment plansNo demo accounts Unclear fee structure No MT4/MT5 Only accepts cryptocurrency payments High minimum deposit No direct contact channelIs Prime FX Trades Legit? Despite having its headquarters in the UK, Prime FX Trades is not regulated by the Financial Conduct Authority (FCA), the country's primary financial regulator. Please be aware of the risk! WHOIS records show that the domainprimefxtrades.com was registered on March 2, 2025, and is still alive. The registration was likewise last changed on that day, and the domain will expire on March 2, 2026.What Can I Trade on Prime FX Trades? Prime FX Trades has a wide range of tradable products in different asset types. The broker says it supports major, minor, and exotic forex pairings, as well as commodities, indices, and cryptocurrencies. Trading InstrumentsSupported Forex✔ Commodities✔ Indices✔ Cryptos✔ Stocks❌ Bonds❌ Options❌ ETFs❌Investment Plan There are three sorts of investment plans at Prime FX Trades, each one designed for a particular amount of risk and investment. Account TypeMinimum InvestmentMaximum InvestmentDurationDaily ReturnWithdrawal FrequencySuitable for Standard – 24 Hours$200$10,0001 day (24h)2%Once dailyBeginners / Low-risk traders Pro – 7 Days$10,000$100,0007 days53%Intermediate / High-yield seekers Retirement – 31 Days$100,000$10,000,00031 days200%High-net-worth / Long-term investorsTrading Platform Trading PlatformSupportedAvailable DevicesSuitable for Proprietary platform✔Desktop, mobile (iOS, Android)/ MetaTrader 4 (MT4)✘–Beginners MetaTrader 5 (MT5)✘–Experienced tradersDeposit and Withdrawal You can only deposit and withdraw viacryptocurrencies, such as Bitcoin and Ethereum. Withdrawals are said to be completed promptly, although there is no set time frame for them.
Prime FX Trades broker review
Is Prime FX Trades safe or scam