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/10

PriorFX

Cyprus Cyprus | 5-10 years |
ECN Account Questionable Regulatory License | Suspicious Operational Region | Cyprus Market Making License (MM) Cancelled | High Potential Risk

https://priorfx.com/en/#

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https://priorfx.com/en/#

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile
5-10 years
Questionable Regulatory License
Suspicious Operational Region
Cyprus Market Making License (MM) Cancelled
High Potential Risk
Account Info
Verified Site
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Official Website

Verified Site

  • priorfx.com
    184.168.131.241
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
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    Creation Date
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    Website Name
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    Company
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Related Companies

PRIOR CAPITAL CY LTD(Cyprus)
Cyprus
PRIOR CAPITAL CY LTD(Cyprus)
Deregistered
Cyprus
Registration No. HE321360
Est. Date
Source Official Statement

Review summary

PriorFX Ltd is a broker operating from Cyprus with 5-10 years of market presence. The firm lacks valid authorization from any recognized financial regulatory body, as its attempted license application with the Cyprus Securities and Exchange Commission (CySEC) remains unsubscribed. According to WikiFX data, its operations are flagged as occurring within a 'Suspicious Operational Region'. Its WikiFX risk assessment yields a low overall score of 1.59. Public exposure reports highlight concerns regarding contractual disputes, specifically alleging discrepancies between advertised and actual trading conditions for indices. The broker offers trading via MetaTrader platforms with account options featuring minimum deposits as low as €100 for an ECN account and floating spreads from 0.5 pips. Given its unregulated status and absence of authoritative financial oversight, clients engaging with this entity assume significant responsibility for their capital. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-07)

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • Cyprus Market Making License (MM) Cancelled
  • High Potential Risk

Wiki Q&A

Is PriorFX safe and reliable?

According to WikiFX data, PriorFX presents a high-risk profile for traders. The broker's WikiFX assessment yields a very low overall score of 1.59, and its operations are flagged within a 'Suspicious Operational Region'. Crucially, the broker operates without any valid authorization from a recognized financial regulator. Its attempted license application with CySEC remains unsubscribed. Engaging with an unregulated entity places significant responsibility on the client for their capital protection.

05-07
United States

Is PriorFX regulated?

No. PriorFX is not a regulated broker. Its attempted application for a Market Making License with the Cyprus Securities and Exchange Commission (CySEC) is listed with a status of 'Unsubscribed', meaning it does not hold a valid license. The broker operates without oversight from any credible financial regulatory authority.

05-07
United States

What is the minimum deposit of PriorFX?

PriorFX offers multiple account types with varying minimum deposit requirements. According to its account specifications, the minimum deposit starts from €100 for its ECN account. Other account types, such as the 'Pro' account, require a minimum deposit of 10,000 in the account's currency, while the 'Fix api' account requires 20,000.

05-07
United States

Does PriorFX support MT4 or MT5?

Yes. Based on the broker's operational profile, it offers trading services via the industry-standard MetaTrader platforms, which include both MT4 and MT5.

05-07
United States
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