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PrimeTrade

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://primertrade.com

Website

Rating Index

Contact

support@primertrade.com
https://primertrade.com
1213 Main Street, London, UK 181747

Licenses

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

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 2
Previous Detection : 2024-06-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

PrimeTrade · WikiFX Survey

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PrimeTrade · Company Summary

General Information & Regulation

PrimeTrade is allegedly a suspicious regulated forex broker registered in the UK that claims to provide its clients with forex trading and bitcoin mining with four different investment plans, as well as 24/7 customer support service.

Market Instruments

PrimeTrade advertises that it mainly offers forex trading and bitcoin mining in financial markets.

Investment Plans

There are four investment plans offered by PrimeTrade, namely Starter, Silver, Gold and Prime. Starting a Starter plan requires the minimum initial investment amount of $100, while the other three investment plans have much higher minimum initial capital requirements of $300, $1,000 and $3,000 respectively.

Investment

Trading Platform Available

According to the information on the Internet, we found that PrimeTrade gives traders FXnet and Mobile forex trading platforms. Anyway, we suggest you use MT4 or MT5 as the trading platform. MetaTrader is the most popular forex trading platform, which the traders praise for its stability and trustworthiness. It features sophisticated trading tools such as Expert Advisors, Algo trading, Complex indicators and Strategy tester. Metatrader created a marketplace with currently 10,000+ trading apps the traders can utilize to achieve better results. Both MT4 and MT5 have mobile Apps, trading can be done from anywhere and at any time through the right mobile terminals including iOS and Android devices.

Deposit & Withdrawal

PrimeTrade says to accept all major e-currencies including Bitcoin, Ethereum, PerfectMoney and Payeer. The minimum deposit requirement is $100. The minimum withdrawal amount is $25 for withdrawals with PerfectMoney and Payeer, while $105 for Bitcoin (to avoid excessive transaction fees). Withdrawal requests are processed within 48 hours.

Customer Support

PrimeTrades customer support can be reached by email: support@primertrade.com, live chat or send messages online to get in touch. Company address: 1213 Main Street, London, UK 181747. However, this broker doesnt disclose other more direct contact information like telephone numbers that most brokers offer.

Broker Information

Company Name

PrimeTrade.

Company Abbreviation

PrimeTrade

Regulatory Status

No Regulation

Platform registered country and region

United Kingdom

Company website
Phone of the company

--

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address
  • 1213 Main Street, London, UK 181747

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • support@primertrade.com

Company Summary

User Reviews

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User comment

3

Comments

Write a review

Kraisree
more than one year
As a PrimeTrade forex trader, I've been generally satisfied with their platform and operations when it comes to deposits. The real headache, however, kicks in when you try to withdraw your funds. With just one bank account linked, every withdrawal attempt takes 3 or 4 tries, dragging the process over a painful two weeks.
2024-02-07 15:47
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0
0
FX1236452505
more than one year
RUN AWAY FROM THEM IF YOU WANT YOUR MONEY!!! They are all good until you request withdrawals. I’m still waiting for PrimeTrade to get back to me.
2023-02-21 16:24
Reply
0
0
FX1133671713
more than one year
There are so many withdrawal restrictions that there are no credit/debit cards or bank transfers, only cryptocurrencies. Withdrawals are also much slower than their advertised 48-hour processing.
2022-12-09 16:02
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0
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