User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
No Regulation
Score
1.43 /10
Danger
Prime FX Trades
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.42
Risk Management Index0.00
Software Index4.00
License Index0.00
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
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
2
Previous Detection :
2026-03-13
- This broker lacks valid forex regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| 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 Information
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 and Cons
| 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 |
Is Prime FX Trades Legit?
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.
What Can I Trade on Prime FX Trades?
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 | ❌ |
Investment Plan
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
| Trading Platform | Supported | Available Devices | Suitable for |
| Proprietary platform | ✔ | Desktop, mobile (iOS, Android) | / |
| MetaTrader 4 (MT4) | ✘ | – | Beginners |
| MetaTrader 5 (MT5) | ✘ | – | Experienced traders |
Deposit and Withdrawal
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.
start to write first comment