Home -

PrizmFX -

No Regulation

Score

1.54 /10

Danger

PrizmFX

Item: PrizmFX
Rating: 1.54

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://prizmfx.com

Influence

D

Add brokers

Comparison

Expose

Exposure

Open Account

Website

Score

Regulatory Index0.00

Business Index7.20

Risk Management Index0.00

Software Index4.00

License Index0.00

Follow

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

Broker Information

More

Company Name

PrizmFX Limited

Company Abbreviation

PrizmFX

Platform registered country and region

United Kingdom

Company website

https://prizmfx.com

Company summary

Pyramid scheme complaint

Expose

PrizmFX · Company summary

PrizmFX Review Summary
Founded	2018
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex, CFDs, Indices, Precious Metals
Demo Account	❌
Leverage	Up to 1:200
Spread	From 2 pips (Starter & Prime), 2.2 pips (Pro), 2.1 pips (Expert)
Trading Platform	MT5 Web Trader, MT5 Windows, MT5 Android, MT5 iOS
Min Deposit	$10
Customer Support	- Registered Address: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom
	- Office Address: Office no: 102, 1st Floor, D-Mall, Pitampura, Delhi, 110034, India
	- Email: support@dihcapitalmarkets.com

PrizmFX Information

Established in 2018, PrizmFX is an unregulated broker providing access to precious metals, indices, CFDs, and forex. Starting with two pip, the platform offers trading flexibility using the advanced MetaTrader 5 system without commissions and spreads.

Pros and Cons

Pros	Cons
Access to MT5 platform across devices	Unregulated
No deposit or withdrawal fees	No demo account available
Low spreads on Starter and Prime	Higher minimum deposits for Pro and Expert

Is PrizmFX Legit?

PrizmFX isn't a regulated broker. It does not have any legitimate licenses from reputable financial authorities including the FCA (Financial Conduct Authority), ASIC (Australian Securities and Investments Commission), or other significant regulating body.

Originally registered on June 27, 2018, the domain prizmfx.com expires June 27, 2025. Last update of the domain was on July 30, 2024.

What Can I Trade on PrizmFX?

PrizmFX gives traders access to many financial instruments spread over several worldwide markets. This covers precious metals including gold, silver, and oil as well as 60+ currency pairs, CFDs, 15+ indices.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Indices	✔
Precious Metals	✔

Account Types

Four live trading accounts made for various levels of traders are available from PrizmFX. It makes no clear reference to Islamic or a demonstration account choices.，

Feature	Starter Account	Pro Account	Expert Account	Prime Account
Minimum Deposit	$0	$1,000	$5,000	$10,000
Spreads	From 2 pips	From 2.2 pips	From 2.1 pips	From 2 pips
Leverage	Up to 1:200	Up to 1:150	Up to 1:100	Up to 1:100
Commission	Zero	Zero	Zero	Zero
Execution	Market Execution	Market Execution	Market Execution	Market Execution
Suitable For	Beginners seeking flexibility	Professional traders aiming for low spreads	Traders preferring fixed spreads	Experienced traders needing broader market access
Min Order Volume	0.01	0.01	0.01	0.01
EA Allowed	✔	✔	✔	✔

Leverage

Starting accounts at PrizmFX can use 1:200. Leverage enables traders hold bigger positions with less cash, therefore amplifying wins and losses. Although higher leverage brings benefits, it also raises risk since even little changes in the market can result in significant losses.

PrizmFX Fees

Spreads: Pro and Expert accounts have somewhat greater spreads (2.2 and 2.1 pips, respectively), whereas Starter and Prime accounts have spreads starting at 2 pips.

Commissions: There are no commissions associated with trades on PrizmFX.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
MT5 Web Trader	✔	Web Browser	Traders preferring browser-based trading
MT5 Windows	✔	Windows Desktop	Professional traders needing advanced tools
MT5 Android	✔	Android Devices	Mobile traders needing flexibility on-the-go
MT5 iOS	✔	iOS Devices	Apple users seeking mobile trading solutions

Deposit and Withdrawal

PrizmFX charges no deposit or withdrawal fee. The minimum required deposit is $10.

Method	Min. Deposit	Min. Withdrawal	Fees	Processing Time
Bank Transfer	$10	$10	None	1-3 Business Days
Credit/Debit Cards	$10	$10	None	Instant
Bitcoin (BTC)	$10	$10	None	Up to 1 Hour
Ethereum (ETH)	$10	$10	None	Up to 1 Hour
Tether (USDT)	$10	$10	None	Up to 30 Minutes

Check whenever you want

Download App for complete information

Download on the

WikiFX (Global)

Download on the

外汇天眼（中国）

GET IT ON

WikiFX Google Play

Download Apk

WikiFX APK

Warning: Low score, please stay away!

Previous Detection : 2024-12-28

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Benchmark	--
Maximum Leverage	1:100
Minimum Deposit	$10000
Minimum spread	from 2 Pips
Products	--

Currency	--
Minimum position	0.01
Supported EA
Depositing Method	--
Withdrawal Method	--
Commission	--

PrizmFX · Company summary

PrizmFX Review Summary
Founded	2018
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex, CFDs, Indices, Precious Metals
Demo Account	❌
Leverage	Up to 1:200
Spread	From 2 pips (Starter & Prime), 2.2 pips (Pro), 2.1 pips (Expert)
Trading Platform	MT5 Web Trader, MT5 Windows, MT5 Android, MT5 iOS
Min Deposit	$10
Customer Support	- Registered Address: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom
	- Office Address: Office no: 102, 1st Floor, D-Mall, Pitampura, Delhi, 110034, India
	- Email: support@dihcapitalmarkets.com

PrizmFX Information

Established in 2018, PrizmFX is an unregulated broker providing access to precious metals, indices, CFDs, and forex. Starting with two pip, the platform offers trading flexibility using the advanced MetaTrader 5 system without commissions and spreads.

Pros and Cons

Pros	Cons
Access to MT5 platform across devices	Unregulated
No deposit or withdrawal fees	No demo account available
Low spreads on Starter and Prime	Higher minimum deposits for Pro and Expert

Is PrizmFX Legit?

PrizmFX isn't a regulated broker. It does not have any legitimate licenses from reputable financial authorities including the FCA (Financial Conduct Authority), ASIC (Australian Securities and Investments Commission), or other significant regulating body.

Originally registered on June 27, 2018, the domain prizmfx.com expires June 27, 2025. Last update of the domain was on July 30, 2024.

What Can I Trade on PrizmFX?

PrizmFX gives traders access to many financial instruments spread over several worldwide markets. This covers precious metals including gold, silver, and oil as well as 60+ currency pairs, CFDs, 15+ indices.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Indices	✔
Precious Metals	✔

Account Types

Four live trading accounts made for various levels of traders are available from PrizmFX. It makes no clear reference to Islamic or a demonstration account choices.，

Feature	Starter Account	Pro Account	Expert Account	Prime Account
Minimum Deposit	$0	$1,000	$5,000	$10,000
Spreads	From 2 pips	From 2.2 pips	From 2.1 pips	From 2 pips
Leverage	Up to 1:200	Up to 1:150	Up to 1:100	Up to 1:100
Commission	Zero	Zero	Zero	Zero
Execution	Market Execution	Market Execution	Market Execution	Market Execution
Suitable For	Beginners seeking flexibility	Professional traders aiming for low spreads	Traders preferring fixed spreads	Experienced traders needing broader market access
Min Order Volume	0.01	0.01	0.01	0.01
EA Allowed	✔	✔	✔	✔

Leverage

Starting accounts at PrizmFX can use 1:200. Leverage enables traders hold bigger positions with less cash, therefore amplifying wins and losses. Although higher leverage brings benefits, it also raises risk since even little changes in the market can result in significant losses.

PrizmFX Fees

Spreads: Pro and Expert accounts have somewhat greater spreads (2.2 and 2.1 pips, respectively), whereas Starter and Prime accounts have spreads starting at 2 pips.

Commissions: There are no commissions associated with trades on PrizmFX.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
MT5 Web Trader	✔	Web Browser	Traders preferring browser-based trading
MT5 Windows	✔	Windows Desktop	Professional traders needing advanced tools
MT5 Android	✔	Android Devices	Mobile traders needing flexibility on-the-go
MT5 iOS	✔	iOS Devices	Apple users seeking mobile trading solutions

Deposit and Withdrawal

PrizmFX charges no deposit or withdrawal fee. The minimum required deposit is $10.

Method	Min. Deposit	Min. Withdrawal	Fees	Processing Time
Bank Transfer	$10	$10	None	1-3 Business Days
Credit/Debit Cards	$10	$10	None	Instant
Bitcoin (BTC)	$10	$10	None	Up to 1 Hour
Ethereum (ETH)	$10	$10	None	Up to 1 Hour
Tether (USDT)	$10	$10	None	Up to 30 Minutes

User Reviews

More

User comment

3

Comments

Write a review

打豆豆

more than one year

Esta empresa dice estar regulada, pero wikifx dice que no lo está ... Creo que tal vez esta empresa me está mintiendo. Hay tantos estafadores en la industria de Forex que elijo confiar en una empresa neutral de tercera parte para proteger mi dinero.

Translate to English

2022-12-01 15:44

Reply

0

sunny boy徐

more than one year

PrizmFX's website seems to be undergoing an upgrade at the moment, and it shows a countdown of 24 days and 22 hours to see their new launch. I don't understand why it takes so long to upgrade...

Translate to English

2022-11-29 10:32

Reply

0

Benchmark	--
Maximum Leverage	1:200
Minimum Deposit	$100
Minimum spread	from 2 Pips
Products	--

Benchmark	--
Maximum Leverage	1:150
Minimum Deposit	$1000
Minimum spread	from 2.2 Pips
Products	--