Score
United Kingdom
|
2-5 years
| https://primefxtrades.com
Website
Rating Index
LicensesNo valid regulatory information, please be aware of the risk!
United Kingdom
primefxtrades.com United States| Prime FX Trades Review Summary | |
| Founded | 2024 |
| Registered Country/Region | United Kingdom |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Indices, Cryptocurrencies |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | Proprietary platform |
| Minimum Deposit | $200 |
| Customer Support | Email: support@primefxtrades.com |
Prime FX Trades is an unregulated online broker that started in 2024 and is situated in the UK. It lets you trade forex, indices, commodities, and cryptocurrencies. It only offers a few types of accounts with defined investment terms, only allows bitcoin transactions, and doesn't have any monitoring from financial regulators like the FCA or ASIC.
| Pros | Cons |
| Supports trading in multiple asset classes | No regulation |
| Three investment plans | No demo accounts |
| Unclear fee structure | |
| No MT4/MT5 | |
| Only accepts cryptocurrency payments | |
| High minimum deposit | |
| No direct contact channel |
Despite having its headquarters in the UK, Prime FX Trades is not regulated by the Financial Conduct Authority (FCA), the country's primary financial regulator. Please be aware of the risk!
WHOIS records show that the domainprimefxtrades.com was registered on March 2, 2025, and is still alive. The registration was likewise last changed on that day, and the domain will expire on March 2, 2026.
Prime FX Trades has a wide range of tradable products in different asset types. The broker says it supports major, minor, and exotic forex pairings, as well as commodities, indices, and cryptocurrencies.
| Trading Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
There are three sorts of investment plans at Prime FX Trades, each one designed for a particular amount of risk and investment.
| Account Type | Minimum Investment | Maximum Investment | Duration | Daily Return | Withdrawal Frequency | Suitable for |
| Standard – 24 Hours | $200 | $10,000 | 1 day (24h) | 2% | Once daily | Beginners / Low-risk traders |
| Pro – 7 Days | $10,000 | $100,000 | 7 days | 53% | Intermediate / High-yield seekers | |
| Retirement – 31 Days | $100,000 | $10,000,000 | 31 days | 200% | High-net-worth / Long-term investors |
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Desktop, mobile (iOS, Android) | / |
| MetaTrader 4 (MT4) | ✘ | – | Beginners |
| MetaTrader 5 (MT5) | ✘ | – | Experienced traders |
You can only deposit and withdraw viacryptocurrencies, such as Bitcoin and Ethereum. Withdrawals are said to be completed promptly, although there is no set time frame for them.
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