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Score
Saint Vincent and the Grenadines
Regulated in United States
Suspicious Regulatory License
MT4/5 full license
Regional Brokers
United States Common Financial Service License Unauthorized
Suspicious Overrun
High potential risk
Influence
Add brokers
Comparison
Expose
Exposure
Score
License Index | 0.00 |
Business Index | 5.48 |
Risk Management Index | 0.00 |
Software Index | 6.13 |
Regulatory Index | 0.00 |
Single Core
1G
40G
English
+1 315 820 1688
More
Company Name
Prime Codex LLC
Company Abbreviation
Prime Codex
Platform registered country and region
Saint Vincent and the Grenadines
Company website
Pyramid scheme complaint
Expose
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.
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