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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Prime Fx

United Kingdom United Kingdom | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

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Website

Rating Index

Contact

+44 7441900076
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license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
PFXBank
Email
support@pfxbank.com
Contact Number
+447441900076
Company Website
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Account Info
About Us
Wiki Q&A
Comment

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Review summary

PFXBank, also operating as Prime Fx, is a broker registered in the United Kingdom with an operational history estimated at 5 to 10 years. Crucially, the broker holds no valid, authoritative forex trading licenses, classifying it as an unregulated entity. The absence of formal financial oversight represents a significant investor protection deficiency. Its overall WikiFX score of 1.58/10 reflects this critical lack of regulatory standing. Trading accounts, such as the Silver and Islamic accounts, offer leverage up to 1:400 with minimum deposits starting from $2,500 and spreads from 0.5 pips. In summary, PFXBank operates without the fundamental safeguard of financial regulation, a primary consideration for traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-12)

Company Profile

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is Prime Fx safe and reliable?

According to WikiFX data, Prime Fx (also known as PFXBank) exhibits a high-risk profile and is not considered safe or reliable by industry standards. The broker's WikiFX overall score of 1.58/10 reflects critical deficiencies, primarily its status as an unregulated entity operating without any recognized financial oversight. This lack of regulation means investor funds are not protected under standard compensation schemes.

Yesterday 03:15
United States

Is Prime Fx regulated?

No, Prime Fx is not regulated. The WikiFX assessment confirms the broker holds no valid forex trading licenses from any authoritative financial regulatory body. While the company is registered in the United Kingdom, this registration does not confer a formal trading license, meaning it operates entirely outside the established frameworks for financial supervision.

Yesterday 03:15
United States

What is the minimum deposit of Prime Fx?

Prime Fx offers multiple account types with varying minimum deposit requirements. The entry-level Silver and Islamic accounts require a minimum deposit starting from $2,500 USD. Higher-tier accounts like the Gold account start from $1,000, and the Platinum account requires a $25,000 minimum deposit. These thresholds are higher than the industry average for basic accounts.

Yesterday 03:15
United States

Does Prime Fx support MT4 or MT5?

WikiFX assessment indicates that Prime Fx provides access to the industry-standard MetaTrader 4 (MT4) platform. This platform offers advanced charting tools, automated trading via Expert Advisors (EAs), and is available on desktop, web, and mobile devices. There is no current information about support for the MetaTrader 5 (MT5) platform.

Yesterday 03:15
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
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