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    FX PRIME by GMO

    • Japan Japan
    • 10-15 years
    • Regulated in Japan
    • Retail Forex License
    • Non MT4/5 Software
    • Suspicious Scope of Business
    Open Account
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    VPS Standard

    No restriction on the broker account. Provide service support by WikiFX

    • Single Core

    • 1G

    • 40G

    Get it for free

    Broker Information

    Company Name

    FX PRIME by GMO Corporation

    Phone of the company

    0570034788

    Company website
    https://www.fxprime.com/
    Customer Service Email Address

    --

    Company address

    〒150-0043 東京都渋谷区道玄坂1-2-3 渋谷フクラス

    Pyramid scheme complaint
    Expose
    WikiFX Risk Alerts 1
    2022.05.28

    Current data shows that this broker is using Non MT4/5 Software

    • Marketing Strategy
    Subscribe to VPS now

    Delivery Index

    Mkt. Analysis

    Material

    Ad Brand

    Sources

    Language

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    FX PRIME by GMO

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    Financial Services Agency

    Financial Services Agency (FSA)

    The Financial Services Agency (FSA) oversees all financial services providers, including Forex brokers, in Japan. The ultimate aim of Japan's FSA is to maintain the country’s financial system and ensure its stability. It is also responsible for protecting security investors, insurance policyholders, and depositors. It achieves its aims in a number of different ways including planning and policy making, supervising financial services providers, overseeing securities transactions, and inspecting financial institutions in the private sector. When the FSA was first created it was merely an administrative body. However, its responsibilities were widened in 2001 when it became the external representative of the Cabinet Office of Japan. It took over the responsibilities of the Financial Reconstruction Committee, and also took over responsibility for failed financial institutions.Today, the FSA Japan is held accountable to the Japanese Minister of Finance and enjoys a wide scope of responsibility.

    • Licensed Institution :

      株式会社FXプライム by GMO

      Effective Date :

      2007-09-30
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      東京都渋谷区道玄坂1-2-3 渋谷フクラス

      Phone Number of Licensed Institution :

      0354897130
    • Licensed Institution Certified Documents :

      Annex1 Annex2

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    FX PRIME by GMO

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    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    FX PRIME by GMO
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
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    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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    FX PRIME by GMO · Company summary

      General Information & Regulation of FX Prime

      FX Prime (company name FX PRIME by GMO Corporation) was established in 2003 and started its “foreign exchange deposit trading” business in December. In 2007, FX Prime completed the registration of its financial instruments business, and in September 2008, it was listed on the Jasdaq Stock Exchange (now the Tokyo Stock Exchange), and in 2012, it launched “Prime Apps,” a trading tool for smartphones. In September 2012, GMO Click Holdings, Inc. (now GMO Financial Holdings, Inc.) acquired the company through a tender offer to become its consolidated subsidiary. In October 2013, the company's name was changed to “FX Prime by GMO Co. ”In 2015, FX Prime's forex options trading “Select FX Options” service was launched, and in January 2020, the company moved its headquarters to Tokyo. FX Prime is currently regulated by the Japan Financial Services Agency and holds a retail forex license authorized and licensed by the Agency. Regulatory number: 3011001049147.

      Products & Services of FX Prime

      Investors can trade 20 currency pairs on the FX Prime platform, as well as binary options (the amount required to trade varies from ¥50 to ¥999 each, depending on market conditions and the time of purchase).

      Minimum Deposit of FX Prime

      There is no minimum deposit requirements for forex trading, which means traders can funds their FX Prime accounts any amount they want to start a trading.

       Leverage of FX Prime

      In terms of trading leverage, FX Prime offers trader the maximum leverage of up to 1:25 for forex trading. Leverge means that traders can use limited account balance to trade with large volume. Please keep in mind that leverage can magnify potential profits, but can also increase traders' risks sometimes.

      Spreads of FX Prime

      FX Prime offers different spreads between 8:00 AM and 4:00 AM (20 hours) and 4:00 AM and 8:00 AM (4 hours). During the former time period, the USD/JPY spread is 0.3 pips, EUR/JPY 0.6 pips, GBP/JPY 1.1 pips, and AUD/JPY 0.9 pips. During the latter time period, the USD/JPY spread is 6 pips, EUR/JPY 10 pips, GBP/JPY 12 pips, and AUD/JPY 9 pips. More information on spreads can be found on the FX Prime website.

      Deposit & Withdrawal of FX Prime

      FX Prime offers two types of payment methods: online transfer and money transfer. Online transfers are made through the My Page > Deposit/Withdrawal/Transfer screen and are at the company's expense, with deposits reflected in the account in real-time. Transfer payments must be made through bank counters and ATMs and are at the trader's expense, with deposits waiting for confirmation from the company before being transferred to the account.

    Risk Warning

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