Score
PRIME ASSET FX
United Kingdom|2-5 years| https://www.primeassetfx.com
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
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Website
primeassetfx.com
Server Location
United States
Website Domain Name
primeassetfx.com
Server IP
66.85.47.62
-
primeassetfx.online
Server Location
United States
Website Domain Name
primeassetfx.online
Server IP
191.101.79.118
Company Summary
Note: PRIME ASSET FX's official website: https://www.primeassetfx.com is currently inaccessible normally.
| PRIME ASSET FX Review Summary | |
| Founded | 2016 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, cryptos, indices, stocks, energy, commodities |
| Demo Account | ❌ |
| Leverage | 1:500 |
| Spread | From 0.08% |
| Trading Platform | MetaTrader 4 |
| Min Deposit | £500 |
| Customer Support | Email: support@primeassetfx.com |
| Physical Address: Wenlock Road 20-22 N1 7GU London Unitied Kingdom | |
Prime ASSET FX, a financial services provider established in the United Kingdom in 2016, offers forex, cryptocurrencies, indices, stocks, and commodities trading, all through the MetaTrader 4 trading platform. It is worth noting that the platform operates without regulatory oversight.
Pros and Cons
| Pros | Cons |
| Various trading choices | Lack of regulation |
| Multiple trading accounts | Unavailable website |
| MT4 supported | High minimum deposit |
Is PRIME ASSET FX Legit?
PRIME ASSET FX is not regulated, which indicates the absence of oversight from established financial regulatory bodies. This poses inherent risks to you when engaging in trading activities with the broker.
What can I Trade on PRIME ASSET FX?
PRIME ASSET FX offers a wide range of trading instruments, including forex, cryptocurrencies, indices, stocks, energy, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
PRIME ASSET FX offers three account types to cater to the needs of beginners, experienced traders, and professional traders, with minimum deposits ranging from £500 to £10,000.
| Account Type | Min Deposit |
| Starter | £500 |
| Classic | £5,000 |
| Platinum | £10,000 |
Trading Platform
PRIME ASSET FX utilizes the MetaTrader 4 (MT4) trading platform, which is widely recognized and highly popular. However, since this broker lacks legal regulation, we speculate that it may not have obtained official and legal permission to use the MT4 platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Computer and phone | Beginners |
| MT5 | ❌ | / | Experienced traders |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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