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Primepipsfx

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

https://primepipsfx.com

Website

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Contact

support@Primepipsfx.com
https://primepipsfx.com
46a Shelton st , London WC2H 11JQ, united kingdom

Licenses

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

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Broker Information

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Company Name

Primepipsfx

Company Abbreviation

Primepipsfx

Platform registered country and region

United Kingdom

Company website

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Warning: Low score, please stay away!
Previous Detection : 2024-03-03
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Primepipsfx · Company Summary

Primepipsfx 4587813782

basic-info

General Information

Prime PipsFX is an online forex broker registered in the United Kingdom, offering diversified range of trading instruments, including Forex, Stocks, Commodities, Indices, and through its in-house trading platform. Investors have the flexibility to choose among Basic ECN, Premium ECN, and Advanced ECN and VIP ECN accounts, with the minimum deposit to start with this broker reaching up to $100.

Please note that this forex broker is not subject to any valid regulation.

Market Instruments

Prime PipsFX provides clients with access to various popular and mainstream financial markets.

Six types of trading assets including Forex Pairs, Treasuries, Indices, Energies, Metals, and Stocks are all available through this brokerage platform.

instruments

Account Types

Four trading accounts are available on the Prime PipsFX platform, namely Basic ECN, Premium ECN, and Advanced ECN and VIP ECN accounts. The Basic ECN account asks for a deposit of an acceptable initial deposit of $100. Another three trading accounts ask for much higher deposits, with the Premium ECN account from $1,000, the Advanced ECN from $10,000 and the VIP ECN account from $30,000.

Margin Call: 80%

Stop Out: 60%

24/5 Live Support is available with all four trading accounts. Please note that scalping is not allowed on this brokerage platform.

account

How to open an account with Prime PipsFX

Both live and demo account can be opened easily with the Prime PipsFX platform. A demo account is here for beginners to get a feel of this platform and practice their trading skills. To open a live account, a few steps are listed below:

1. Click on the “Create An Account” link on the homepage of the Prime PipsFX website.

2. Fill in some required details and upload your personal document for verification.

3. After approval, your account will be registered successfully.

4. Fund your account and start to trade on this platform.

Leverage

The maximum trading leverage that traders can use with the Prime PipsFX platform is up to 1:1000, significantly higher than levels considered appropriate for retail traders by many regulatory authorities.

Please note that high leverage is not always the good thing, as it may increase your profits, but more importantly, it can cause serious fund losses, especially to inexperienced traders.

Spreads & Commissions

Prime PipsFX offers a commission-free trading environment, and the spreads varies depending on various trading accounts. The Basic ECN account and the Premium ECN account offer fixed spreads, with the minimum spreads offered by the Basic ECN account at 3-4 pips, and the minimum spreads offered by the Premium ECN account at 1.5 to 2 pips.

The other two accounts, Advanced ECN and VIP ECN offer floating spreads, starting from 1 pips, and 0.5 pips, respectively.

Trading Platform

Prime PipsFX provides its clients with the leading MT5 tarding platform, so investors can get access to all the dynamic Prime PipsFX trading instruments under the same account from multiple platforms.

Payment Methods

The minimum deposit is $100. Prime PipsFX allows its clients to make a deposit and withdrawal through VISA, MasterCard, Skrill, Neteller, Wire Transfer, Perfect Money, Bitcoin.

payment-methods

Customer Support

Prime PipsFX says it offers 24 language-supported customer service, and traders with any inquires or trading-related problems can get in touch with this broker through the following methods:

Online Communication

Telephone: +44 7405 597356

Email: customer@primefxzone.com

Registered Company Address: 10 Paternoster Sq., London EC4M 7LS, United Kingdom

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

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FX1175560586
more than one year
I have nothing to say yet, as I am a new client of this company, but one thing I have to appreciate is the way they treat the clients is wonderful, especially since my broker is just like a family member.
2022-12-14 14:57
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-超级構-
more than one year
If you're considering this broker, DO NOT sign up with them. it's a complete money pit. All of their listed contact information is bogus. Remember my mistakes and try not to repeat them. Trying it out would only lead to disappointment.
2022-12-10 18:04
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