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Zurich Prime

Romania|5-10 years|
Suspicious Scope of Business|High potential risk|

https://zurichprime.com/

Website

Rating Index

Contact

+447490871841
Sales@zurichprime.com
https://zurichprime.com/
https://twitter.com/ZurichPrime

Licenses

No valid regulatory information, please be aware of the risk!

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Contact number

English

+447490871841

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Broker Information

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Company Name

Zurich Prime

Abbreviation

Zurich Prime

Platform registered country and region

Romania

Company website
X

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-04
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Zurich Prime · WikiFX Survey

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Zurich Prime · Company Summary

Note: Zurich Prime's official website: https://zurichprime.com/ is currently inaccessible normal.

Zurich PrimeReview Summary
Founded2014
Registered Country/RegionRomania
RegulationUnregulated
Market InstrumentsFX, Precious Metals, Commodities, Energies, Stocks, ETFs, Indices, and CFDs
Demo Account
LeverageUp to 1:400
Spread2.3 pips (Standard account)
Trading PlatformMT4
Min Deposit$500
Customer SupportService time: 9 am - 9 pm Monday - Friday (Romanian time)
Phone: +447490871841
Email: Sales@zurichprime.com
Social Media: Twitter

Zurich Prime Information

Zurich Prime, launched in 2014, describes itself as a “no dealing desk” (NDD) Forex and CFD broker, headquartered in Romania, and domiciled in the Marshall Islands. They provide a trading platform that offers traders a very wide range of assets for trading across Forex currency pairs, commodities, indices, and individual stocks wrapped as CFDs across both major and minor financial markets.

Howeverm, it is not regulated and several watchdogs – UKs FCA (in 2015) and the Ontario Securities Commission (in 2016) have warned that it is operating in their respective jurisdiction without the proper license. Such warnings sometimes mean just that, as most countries require that the financial services providers are licensed and regulated, but more often than not, those warnings mean that said company is a scam.

Pros & Cons

ProsCons
Diverse trading instrumentsLack of regulation
MT4 supportedHigh minimum deposit requirement
Official website unavailable
Wide spreads

Is Zurich Prime Legit?

Zurich Prime has not been regulated by any authorities. You should stay away from this site to keep safe.

No license

What Can I Trade on Zurich Prime?

This brokers investment portfolio includes FX, Precious Metals, Commodities, Energies, Stocks, ETFs, Indices, and CFDs. FX options are made up of majors, minors, and exotics. Precious Metals include Gold, Silver, Platinum, and others. Commodities include Coffee, Wheat, Corn, Sugar, Cotton, and others. Energies are made up of Natural Gas, Oil, and others. Stocks include major options like Apple and Facebook as well as lesser-known options with a leverage of up to 1:25.

Four ETFs, Indices, such as the Dow Jones and NASDAQ, and CFDs on a large variety of instruments in all major markets are also available. The broker doesnt provide an entire list for each category, so it was impossible for us to count the exact amount that is available for each category. While we would have liked to see more transparency here, there is enough information to determine that the broker is offering a large variety of instruments.

Trading AssetAvailable
forex
Precious metals
commodities
energies
stocks
ETFs
indices
CFDs
cryptocurrencies

Account Type/Leverage/Fees

The broker does not offer demo accounts, but there are five different account types. You can see account features in the table below:

Account TypeMin DepositMin Trade SizeMin LeverageAverage Spread
Standard$5000.01 lots1:4002.3 pips
Silver$2 0000.01 lots1:4002 pips
Gold$10 0000.1 lots1:4001.5 pips
Platinum$50 0000.1 lots1:4001 pip
Islamic$5000.01 lots1:4002 pip

There are no commission fees: Zurich Prime earns from its spreads, and from overnight financing charges.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, Mobile, WebExperienced traders
MT4Desktop, Mobile, WebBeginners

Deposit and Withdrawal

Zurich Prime provides an impressive number of options to deposit with them. Besides the usual credit cards and bank transfers, the broker also accepts deposits through Neteller, CashU, Qiwi, WebMoney, WesternUnion and MoneyGram.

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