Score

2.15 /10
Danger

PrimeX Capital

Mauritius

2-5 years

Suspicious Regulatory License

MT5 Full License

Global Business

High potential risk

C

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Comparison

Quantity 10

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.14

Risk Management Index0.00

Software Index9.02

License Index0.00

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

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Broker Information

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Company Name

PrimeX Capital LTD

Company Abbreviation

PrimeX Capital

Platform registered country and region

Mauritius

Company website

X

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Linkedin

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-07-29
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    PrimeX Capital · Company summary

    Executive Summary

    PrimeX Capital LTD stands as a regulated financial services provider, offering comprehensive trading solutions across multiple asset classes. Operating under the oversight of the FSC Mauritius (License: GB23202141), the broker provides a secure and transparent framework for its global clientele, supported by a substantial paid-up capital of over $330 million.

    With access to over 330 tradeable instruments including Forex, indices, commodities, and the largest crypto collection. The firm's significant market presence is highlighted by its robust network of over 5,000 Introducing Brokers and a vibrant community of more than 250,000 actively trading clients, who collectively generate a daily trading volume exceeding $7 million.

    At PrimeX Capital, we offer a risk-free demo account alongside three tiered live accounts, with an affordable minimum deposit starting at just $10 and tight spreads from 0.1 pips. Traders can execute their trades using the renowned MetaTrader 5 platform or our own PrimeX App, designed for seamless trading.

    We also provide essential trading tools, including economic calendars and technical analysis, to enhance your trading efficiency. Our educational resources, such as webinars and blogs, are available to help you build the knowledge and skills needed for successful trading.

    In addition, we support social trading, allowing investors to engage within our community, share experiences, and learn from the success of others.

    Corporate Structure & Regulatory Framework

    Legal Entity: PrimeX Capital LTD

    Registration Jurisdiction: Republic of Mauritius (Registration #203687 GBC)

    Market Entry: Operational since 2021

    Regulator Link: https://opr.fscmauritius.org/ords/opr/r/fsc-opr/fsc-online-public-register-opr

    Regulatory Oversight: Financial Services Commission (FSC) Mauritius

    License Classification: Investment Dealer License #GB23202141

    Corporate Headquarters:

    The Cyberati Lounge, Ground Floor, The Catalyst

    Silicon Avenue, 40 Cybercity, 72201 Ebène

    Republic of Mauritius

    Trading Platforms & Market Access

    Primary Platform: MetaTrader 5 (MT5) Multi-Device Ecosystem

    Desktop applications (Windows/Mac)

    Web-based trading terminal

    Mobile applications (iOS/Android/Huawei)

    Secondary Platform: PrimeX Mobile App

    Android: https://play.google.com/store/apps/details?id=com.primex.primexmobileapp

    Apple: https://apps.apple.com/ae/app/primex-online-trading/id6741466188

    Market Types (Available Instruments): Access to over 330 trading instruments across several markets, including:

    Forex

    metals

    Indices

    Commodities

    Stocks

    Cryptocurrencies

    Trading Account Types

    Standard Account

    Description: A cost-effective account favored for its swap-free features and no hidden fees, making it an excellent choice for most traders.

    Minimum Deposit: $10

    Spread: Starts from 0.8 pips

    Commissions: $0

    Leverage: Up to 1:400

    Swap-Free: Available (on most instruments)

    Narrow Account

    Description: Specifically built for scalpers and short-term traders, offering very low spreads to optimize profits from small market movements.

    Minimum Deposit: $1,000

    Spread: Starts from 0.6 pips

    Commissions: $0

    Leverage: Up to 1:500

    Swap-Free: Available (on most instruments)

    Raw Account

    Description: Designed for professional traders, providing direct access to raw, institutional-grade spreads for the most transparent trading experience.

    Minimum Deposit: $5,000

    Spread: Starts from 0.1 pips

    Commissions: $6 per lot

    Leverage: Up to 1:200

    Swap-Free: Available (on most instruments)

    Introducing Broker (IB) Program

    Provide a competitive commission of up to $23 per lot. Beyond direct cash earnings, every lot traded also contributes to a comprehensive loyalty program where cumulative volume unlocks significant rewards, including luxury travel, high-end cars, and an apartment in Dubai as the ultimate prize.

    Value-Added Services

    50% Deposit Bonus

    Social Trading ( Copy Trading )

    Swap-free Islamic account

    Leverage up to 1:500

    PrimeX Mobile App

    Technical Analysis (Daily - Monthly)

    Market News

    Educational Webinars

    Integrated Economic Calendar

    24/7 Multi-language Support

    Awards

    Recent industry acknowledgments demonstrate PrimeX Capital's growing market presence and service quality recognition:

    2025 Awards:

    Best Innovative Broker - Oman Smart Vision Summit

    2024 Awards:

    Best Forex Broker in South Africa - Traders Fair & Award 2024

    Best Global Broker 2024 - Forex Expo Dubai

    Top 100 Trusted Financial Institutions - MEFM Awards Dubai

    Best Retail FX Broker - PROFX Awards Dubai 2024

    2023 Awards:

    Best ECN Broker - Money Expo Mumbai

    Best Copy Program (UAE) - World Business Outlook

    BEST Forex ECN Broker - FOREX EXPO DUBAI

    Most Reliable Forex Broker (Middle East) - Global Business & Finance Magazine

    Most Trusted ECN Broker (UAE) - International Business Magazine

    Best Copy Trading Forex Broker (Africa) - EGYPT EXPO

    Top 100 Trusted Brokerages - MEFM Awards Dubai

    News

    NewsForex Trading: A Gateway to Global Financial Markets – Why PrimeX Capital Stands Out

    Forex trading, or foreign exchange trading, is the worlds largest financial market, with over $6 trillion traded daily. It involves buying and selling currency pairs such as EUR/USD, GBP/JPY, or USD/C

    WikiFX
    2025-07-28 16:57
    Forex Trading: A Gateway to Global Financial Markets – Why PrimeX Capital Stands Out

    NewsPrimeX Capital Features: A Global Broker with Comprehensive and Reliable Services

    In todays fast-paced trading world, traders need a reliable environment that combines safety, technology, and a wide variety of financial instruments. PrimeX Capital LTD stands out as one of the leadi

    WikiFX
    2025-07-25 15:59
    PrimeX Capital Features: A Global Broker with Comprehensive and Reliable Services

    NewsPrimeX Capital:Everything You Should Know

    PrimeX Capital LTD stands as a regulated financial services provider, offering comprehensive trading solutions across multiple asset classes. Operating under the oversight of the FSC Mauritius (License: GB23202141), the broker provides a secure and transparent framework for its global clientele, supported by a substantial paid-up capital of over $330 million.

    WikiFX
    2025-07-24 15:30
    PrimeX Capital:Everything You Should Know

    ReviewIs PrimeX Capital a Scam? The Documented Facts and Evidence

    Is PrimeX Capital a Scam? The Documented Facts and EvidenceIn todays financial trading world, successful brokerage firms often face organized attacks from competitors seeking to tarnish their reputati

    WikiFX
    2025-07-24 15:09
    Is PrimeX Capital a Scam? The Documented Facts and Evidence

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    User comment

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    FX3060968046
    0-3months
    الغاء الايداع والسحب عبر الفيزة لا يمكن سحب الأموال
    الغاء الايداع والسحب عبر الفيزة لا يمكن سحب الأموال
    Translate to English
    2025-05-02 10:08
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    0
    FX3575067292
    6-12months
    Here they have debited my all profit on the name of dividend adjustment and told me that I have made a trade on dividends adjustment date even I hold the position for two days and the profit made by me in price in spa 35 indic.this very un fair I suggest the action to be taken against them.if any know how to complaint against them tell me
    Here they have debited my all profit on the name of dividend adjustment and told me that I have made a trade on dividends adjustment date even I hold the position for two days and the profit made by me in price in spa 35 indic.this very un fair I suggest the action to be taken against them.if any know how to complaint against them tell me
    Translate to English
    2024-11-01 10:46
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    0
    10