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PRIMEX -

Score

2.17 /10
Danger

PRIMEX

Mauritius

2-5 years

Suspicious Regulatory License

MT5 Full License

Global Business

High potential risk

https://primexcapital.com/en

Influence

C

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Comparison

Quantity 10

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.30

Risk Management Index0.00

Software Index9.02

License Index0.00

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

Danger

SC FSA
2023-09-21
Alert: Unauthorized use of website (the “unlawful website”)
PRIMEX

Broker Information

More

Company Name

PrimeX Capital LTD

Company Abbreviation

PRIMEX

Platform registered country and region

Mauritius

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-11-26
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
  • WikiFX has received a total of 9 user complaints against this broker, please be aware of the risks and do not be scammed!

WikiFX Verification

Exposure

10 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Cancellation of deposit and withdrawal via Visa.

Cannot withdraw funds.

2025-05-02 10:08
Scam

Laugh at people and lose their money

They said, Enter $200 in a copying program, and one of the experts trades for you, and there is a team that follows him. I told them that if he lost, they said to compensate you. I was happy with their words, and within less than 24 hours, when I transferred the money in the wallet, he entered many losing deals. When I called them, they said, “This is the expert’s strategy. Leave it to him.” When I came back, I found my account from 200 dollars, it became 1.74

2023-02-09 13:27
Scam

Problem was not solved

Fraudsters, the problem was not solved. They just contacted me and asked me to withdraw the report that was previously submitted. And in return, they will investigate and try to solve the problem, and so far no amount has been returned..

2023-11-03 00:00
Others

They closed my account

They closed my account because i bought Usd through zain cash from one of there traders who are responsible for deposit money for clients

2023-07-12 02:00
Scam

I made a deposit and every time I sent it, they said nothing had arrived. They received it.

Please be careful, unable to withdraw now.

2024-01-22 22:34
Scam

Scam

More fraud or any problems that occur during the news or trading, I will be compensated. When the trading started, they told me that trading during the news time is only affected by a difference of 5 points in the customers’ footsteps. They deceive customers about the advantages of the company, but when they subscribe, they deny what they say. Prime It was mentioned by the support that it is all a lie and that they have nothing to do with Forex. And when you enter the video, it appears that the deal is closed seconds before the news. That was before the platform interacted with Arid by more than 90 points, and this is what caused my loss. They also claim that my loss was due to the breakout, as the cursing of the liquidity provider increased, so it is impossible to compensate. I can provide you with a video showing what happened to the company. Ahmed Al-Araji told me, “How long is the money?”

2024-03-22 07:37
Others

Profit debited

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

2024-11-01 10:46
Resolved

Unable to exit from gold

I have a zero account with them, but in reality, the spread is strong. Despite taking $8 for a 1 lot trade, they deducted approximately $4600 in commission from me during my trades. It's unfair, I swear.

2024-08-20 20:17
Severe Slippage

Candle manipulation

Primex claims to be an ECN broker, but it is clear that it manipulates the candles with proof.

2023-11-24 15:37
Scam

scam

PrimeX is a fraudulent and deceitful company. Their customer service deceives clients with the company's supposed advantages, but when you subscribe, they deny what they promised, as it happened to me. They told me that trading during news time wouldn't be affected, and the spread would only increase by a maximum of 5 points. They also claimed that any issues during news or trading would be compensated. However, when I started trading, the spread increased by more than 90 points, causing me significant losses. They then falsely attributed my losses to the spread. Interestingly, during a video, it was evident that the trades were closed seconds before the news announcement, even before the platform could react to the news. This clearly showed that all the support team's claims were lies, and they have no connection to forex whatsoever. When I contacted the company's manager, Ahmed Al-Araji, he told me, 'The funds are not enough to cover the loss because we lost with the liquidity provider, so it's impossible to provide any compensation.' I can provide you with a video showing what happened.

2023-07-21 06:25
    PRIMEX · 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

    NewsMarket Flux: Fed Signals Stalled Inflation & Asset Risks Ahead of PMI Dat

    Executive SummaryGlobal markets are in a state of high anxiety. A rare divergence has emerged within the Federal Reserve: Chicago Fed President Austan Goolsbee warns inflation has “stalled,” while Gov

    WikiFX
    2025-11-21 20:46
    Market Flux: Fed Signals Stalled Inflation & Asset Risks Ahead of PMI Dat

    NewsThe New PrimeX Capital App is Here: Introducing the Trader Community & Farsi Support

    Trading Isnt a Solo Journey Anymore: Introducing the PrimeX Capital Community!We are thrilled to announce that the latest PrimeX Capital mobile app update is now available for download on the Apple Ap

    WikiFX
    2025-11-18 21:34
    The New PrimeX Capital App is Here: Introducing the Trader Community & Farsi Support

    NewsStart Trading Forex with Just $10? The Ultimate Guide to the Cent Account

    If you are new to Forex, you have likely heard the golden advice: Start with a Demo Account.It is the essential first step to understanding market mechanics without risk. However, to fully master your

    WikiFX
    2025-11-17 20:43
    Start Trading Forex with Just $10? The Ultimate Guide to the Cent Account

    NewsWhy 90% of Forex Traders Lose Money (And How to Join the 10% with Just $100) A PrimeX Capital Guide

    The Hard Truth: Why Most Traders FailLet‘s start with a fact: 85–90% of retail forex traders lose money, often within their first year. This isn’t a myth—it‘s a pattern confirmed by brokerage data and

    WikiFX
    2025-11-13 21:58
    Why 90% of Forex Traders Lose Money (And How to Join the 10% with Just $100) A PrimeX Capital Guide
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    FX3060968046
    6-12months
    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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    FX3575067292
    more than one year
    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
    Reply
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    0
    10