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    BP Prime

    5-10 years
    |
    Regulated in United Kingdom
    |
    Straight Through Processing(STP)
    |
    MT4/5 full license

    Rating

    0123456789
    .
    0123456789
    0123456789

     /10.00

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    Benchmark

    B

    Licenses

    Financial Conduct Authority

    Straight Through Processing(STP)

    FCA Regulated

    Overview

    • Company Name:

      Black Pearl Securities Limited
    • Company Abbreviation:

      BP Prime
    • Place of registration:

      BP PrimeUnited Kingdom
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      support@bpprime.com
    • Customer Service Phone Number:

      +44 (0) 20 3745 7101
    • Company summary

      GeneralInformation&RegulationBPPrimewasfoundedin2013asBlackPearlSecuritiesLimitedwiththeaimtotransformonlinetrading,BPPrimeisheadquarteredinLondon,withanoperationalofficeinChina,havingaclientbaseacrossEurope,AsiaandSouthAmerica,offeringitsservicesforbothretailandinstitutionalclients.BlackPearlSecuritiesLimitedisauthorisedandregulatedbytheFinancialConductAuthority,FinancialServicesRegisterNumber688456.MarketInstrumentsTherangeoftradinginstrumentsonBPPrimeplatformincludesonlinetradingservicesforForex,Cryptocurrencies,CFDsandCommodities,alsomorethan10indexCFDsalsoavailableviaFIXAPI.BPPrimeMinimumDepositTheaccounttypesatBPprimearedividedonlybytheclientstype,whilethetradingconditionswillbediscussedandtailoredaccordingtotheneedsandnecessaryrequirements.Theminimumdepositof$/€/£5,000iswaytoohighforregulartraders.TraderscanopenafreedemoaccountwithanyoftheaccountoptionsatBPPrime.Accountsareloadedwith10,000invirtualmoneyandareavailablefor30days.BPPrimeLeverageRegulatoryrestrictionsintheUKandEuropeloweruseofleverageforretailtradersonlytoamaximumof1:30forMajorCurrencypairs.However,professionaltradersmayapplyforhigherleverageupto1:100forForexinstruments.Spreads&CommissionsTheBPPrimespreadvariesaccordingtotheaccounttype,whiletypicalspreadforEUR/USDpairisfrom0.3pipsintheProaccountandfrom0.1pipsinthePrimeaccount.TheProaccountrequireszerocommission,andcommissionsonthePrimeaccountdependsontradingvolumes.TradingPlatformBPPrimesuppliesclientswiththeMetaTrader4(MT4)platformthatwasdevelopedbyMetaQuotesSoftwareCorpandisusedbymillionsoftradersaroundtheglobe.MT4isknownforitseasytouseintuitiveinterfaceandvastarrayofbuiltintradingtools.Thismakesitapopularplatformforbeginnerandexperiencedtradersalike.Deposit&WithdrawalTraderscandepositandwithdrawfundsusingcreditcards,bankwiretransfer,localbanktransfer,ande-walletsincludingNetellerandSkrill.Depositsareavailableinanycurrency,whichwillbeautomaticallyconvertedintotheiraccountsbasecurrency.Averageprocessingtimesfordepositsareimmediateandtherearenofees(thoughcreditcardprovidersorbanksmaychargeintermediaryfees).Theminimumaccepteddepositis$5,000.Withdrawalsviastandardbankwiretakeupto3workingdaysbutmaytakeupto5workingdaysforsomecountries.ForUKaccountholders,therearenowithdrawalfees.ForEUaccounts,withdrawalsarefreeonceamonthandthenaround25EURthereafter.TradingHoursTradinghoursforcurrencypairsareSundayat21:00toFridayat21:00UKtime.Tradingsessionsforindicesandotherassetsareprovidedonthebrokerswebsiteorwithinthetradingplatform.BPPrimeCustomerSupportCustomersupportisavailable24hoursaday,6daysaweek.TradercaneithercalltheUKsupportdeskat+44(0)2037457101,emailenglishdesk@bpprime.comorspeaktothesupportteamonthelivechat.AcceptedCountriesBPPrimeacceptstradersfromAustralia,Thailand,UnitedKingdom,SouthAfrica,Singapore,HongKong,India,Germany,Norway,Sweden,Italy,Denmark,UnitedArabEmirates,SaudiArabia,Kuwait,Luxembourg,Qatarandmostothercountries.TraderscannotuseBPPrimefromUnitedStates,Canada,France,Afghanistan,Belgium,Guinea-Bissau,Iran,Iceland,Libya,Korea,Somalia,Sudan,Syria,Yemen. About More
    Pyramid scheme complaint

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    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

    • Licensed Institution :

      Black Pearl Securities Limited

      Effective Date :

      2015-10-22
    • Email Address of Licensed Institution :

      compliance@bpprime.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.bpprime.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      62 Great Eastern StreetLondonEC2A 3QRUNITED KINGDOM

      Phone Number of Licensed Institution :

      4402037457101
    • Licensed Institution Certified Documents :

      BPPrime FCA牌照信息 20190213更新 View Certified Documents BlackPearl FX 20200309 View Certified Documents Blackpearl_FCA交易商监管信息表_查询结果 View Certified Documents

    BP Prime · MT4/5

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      BP Prime · Website

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          BP Prime· Genealogy

          BP Prime · Clones

          BP Prime · Market Analysis

          The data are from WIKI Research    2021.09.18 updated

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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
          BP Prime
          * Contact number
          0086
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          *Reporting Reasons

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          BP Prime · Company summary

            General Information& Regulation

            BP Prime was founded in 2013 as Black Pearl Securities Limited with the aim to transform online trading, BP Prime is headquartered in London, with an operational office in China, having a client base across Europe, Asia and South America, offering its services for both retail and institutional clients. Black Pearl Securities Limited is authorised and regulated by the Financial Conduct Authority, Financial Services Register Number 688456.

            Market Instruments

            The range of trading instruments on BP Prime platform includes online trading services for Forex, Cryptocurrencies, CFDs andCommodities, also more than 10 index CFDs also available via FIX API.

            BP Prime Minimum Deposit

            The account types at BP prime are divided only by the clients type, while the trading conditions will be discussed and tailored according to the needs and necessary requirements. The minimum deposit of $/€/£5,000 is way too high for regular traders. Traders can open a free demo account with any of the account options at BP Prime. Accounts are loaded with 10,000 in virtual money and are available for 30 days.

          图片

            BP Prime Leverage

            Regulatory restrictions in the UK and Europe lower use of leverage for retail traders only to a maximum of 1:30 for Major Currency pairs. However, professional traders may apply for higher leverage up to 1:100 for Forex instruments.

            Spreads & Commissions

            The BP Prime spread varies according to the account type, while typical spread for EUR/USD pair is from 0.3 pips in the Pro account and from 0.1 pips in the Prime account. The Pro account requires zero commission, and commissions on the Prime account depends on trading volumes.

            Trading Platform

            BP Prime supplies clients with the MetaTrader 4 (MT4) platform that was developed by MetaQuotes Software Corp and is used by millions of traders around the globe. MT4 is known for its easy to use intuitive interface and vast array of built in trading tools. This makes it a popular platform for beginner and experienced traders alike.

            Deposit & Withdrawal

            Traders can deposit and withdraw funds using credit cards, bank wire transfer, local bank transfer, and e-wallets including Neteller and Skrill. Deposits are available in any currency, which will be automatically converted into their accounts base currency. Average processing times for deposits are immediate and there are no fees (though credit card providers or banks may charge intermediary fees). The minimum accepted deposit is $5,000. Withdrawals via standard bank wire take up to 3 working days but may take up to 5 working days for some countries. For UK account holders, there are no withdrawal fees. For EU accounts, withdrawals are free once a month and then around 25 EUR thereafter.

            Trading Hours

            Trading hours for currency pairs are Sunday at 21:00 to Friday at 21:00 UK time. Trading sessions for indices and other assets are provided on the brokers website or within the trading platform.

            BP Prime Customer Support

            Customer support is available 24 hours a day, 6 days a week. Trader can either call the UK support desk at +44 (0) 20 3745 7101, email englishdesk@bpprime.com or speak to the support team on the live chat.

            Accepted Countries

            BP Prime accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries. Traders cannot use BP Prime from United States, Canada, France, Afghanistan, Belgium, Guinea-Bissau, Iran, Iceland, Libya, Korea, Somalia, Sudan, Syria, Yemen.

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.