Prime Codex

General Information

Prime Codex is allegedly a forex broker regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines that provides its clients with the industry-standard MetaTrader5 trading platform, flexible leverage up to 1:500, floating spreads on some tradable assets, as well as a choice of two different account types.

Market Instruments

Prime Codex advertises that it mainly offers two different classes of trading instruments in financial markets, including 35 currency pairs and metal.

Account Types

There are two trading accounts offered by Prime Codex, namely Standard and ECN. Opening a Standard account requires the minimum initial deposit amount of $1, while the ECN account with the much higher minimum initial capital requirement of $100.

Leverage

Prime Codex provides its clients with flexible leverage ratios of 1:50, 1:200 and 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads and commissions are influenced by what type of accounts traders are holding. Prime Codex reveals that the clients on the ECN account can enjoy raw spreads from 0 pips with a commission of $7, while the Standard account with no commission.

Trading Platform Available

When it comes to trading platforms available,Prime Codex gives traders the worlds most widely-used MetaTrader5 platform. MT5 is known as one of the most successful, efficient, and competent forex trading software.

Deposit & Withdrawal

Prime Codex didnt directly reveal any detailed information about deposit or withdrawal methods on its official website. The only available information is that the minimum deposit amount is only $1, while the minimum withdrawal requirement is $5.

Customer Support

Prime Codexs customer support can be reached by phone: +13158201688, email: support@primecodex.com. Besides, you can also follow this broker on some social media platforms like Facebook, Instagram, LinkedIn and Skype. Company address: Suite 305, Griffith Center, Beachmont Kingstown. St Vincent and the Grenadines.