PrimeX Review
Updated: 24 Jan, 2025 - www.globalforexinfo.comPrimeX is an emerging forex and CFD broker that aims to provide a user-friendly trading experience, competitive pricing, and advanced tools for traders of all levels. Known for its innovative trading solutions and diverse range of assets, PrimeX is gaining popularity in the trading community.
Brokers Highlights
| Brokers Name | PrimeX |
|---|---|
| Trading Desk | NDD |
| Year Founded | 2021 |
| Headquarters | United Arab Emirates |
| Regulation | FSC |
| US Clients | NO |
| 247 Support | ❌ |
| Support Email | support@primexcapital.com |
| Telephone | Unknown |
| Address | UAE Rep. Office: Office 2401, Westburry Tower 1, Business Bay, Dubai, UAE. |
| Languages | English, Arabic, Farsi, Kurdish, Turkish |
Accounts Details
| Commission | $6 per 1 Lot |
|---|---|
| Accounts | Standard, Narrow, Raw |
| Min. Deposit | 10 USD |
| Currencies | USD |
| Execution | Market Еxecution |
| Leverage | 1:500 |
| Spreads | 0.8 pips |
| Trade Size | 0.01 lot |
| Instruments | Commodities, Stock CFDs, ETFs, Forex, Indices, Metals |
| Demo Trading | ✔️ |
| Swap-Free | ✔️ |
| CopyTrading | ❌ |
| Crypto Trading | ✔️ |
Platforms
| Platform | MetaTrader 5 |
|---|---|
| Mobile Trading | ✔️ |
| Web Trading | ✔️ |
| Affiliate | ✔️ |
Funding
| Deposit | Visa, Mastercard, AMEX, USDT, TymeBank, FNB, NEDBANK, Absa, Discovery and Capitec |
|---|---|
| Withdrawal | Visa, Mastercard, AMEX, USDT, TymeBank, FNB, NEDBANK, Absa, Discovery and Capitec |
Pros |
Cons |
|---|---|
|
Advanced Platforms |
No US clients |
PrimeX offers a range of account types to suit different trading needs:
Standard Account: For beginners, with competitive spreads and no commission.
Pro Account: Designed for experienced traders, with tighter spreads and a small commission.
VIP Account: Offers the best trading conditions, including raw spreads and priority customer support.
PrimeX provides leverage of up to 1:500, giving traders the ability to manage larger positions with smaller capital. The minimum deposit starts at $50, making PrimeX accessible to traders with modest budgets. The broker offers 24/5 customer support through live chat, email, and phone, ensuring traders can get assistance when needed.
