Score

1.46 /10
Danger

PRIMEQX

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Website

Score

Regulatory Index0.00

Business Index6.60

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

Broker Information

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Company Name

PRIMEQX

Company Abbreviation

PRIMEQX

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

PRIMEQX · Company summary

Note: PRIMEQX's official website:https://primeqx.com/ is currently inaccessible normally.

PRIMEQX Review Summary in 10 Points
Company namePRIMEQX
Registered country/regionChina
RegulationUnregulated
Trading PlatformsWeb-based trading platform
Market InstrumentsFX, commodities and indices
Demo AccountNot Available
Minimum Deposit$250
Maximum Leverage1:100
Spread0.7
Customer SupportEmail: https://primeqx.com/

PRIMEQX Information

PRIMEQX is the trading name of Prime Business Finance Ltd, said to be an unregulated foreign exchange broker registered in China.

Pros and Cons

ProsCons
Various market instrumentsNot regulated
Website can't be opened now

Is PRIMEQX Legit?

You need to note that according to WiKiFX's investigation, PRIMEQX is currently not regulated by any recognized financial authorities.

Is PRIMEQX Legit?

What Can I Trade on PRIMEQX?

You can trade dozens of products including FX, commodities and indices.

Tradable Instruments Supported
FX
Commodities
Indices

Account Type

PRIMEQX provides 3 real accounts:Premium, Classic, MINI.

Account Type Minimum Deposit
MINI$250
Classic$5 000
Premium$20000

PRIMEQX Fees

PRIMEQX offers bonuses, and to withdraw the bonus, traders must achieve a turnover of $20,000. The broker also charges a monthly inactivity fee of $36 if the account is inactive for 30 days.

Trading Platform

The trading platform provided by PRIMEQX is a web-based trading platform.

Trading PlatformSupportedAvailable Devices Suitable for
web-based trading platformweb,PcAnyone

Deposit and Withdrawal

PRIMEQX means credit/debit cards, bank drafts and wire transfers are accepted. The minimum initial deposit requirement is $250 and there is no minimum withdrawal amount. As for the processing time for withdrawal requests, it usually takes 2 days for the broker to process them.

Deposit Options

Deposit Options Min. DepositFees Processing Time
Credit cards$250No mentionNo mention
Debit cards$250No mentionNo mention
Bank drafts$250No mentionNo mention
Wire transfers$250No mentionNo mention

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
Credit cards0No mention2 days
Debit cards0No mention2 days
Bank drafts0No mention2 days
Wire transfers0No mention2 days

User Reviews

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User comment

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Comments

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FX1261759452
more than one year
FAKE !!!!! I lost too much money on investing capital. The company is fake. Please Don’t go with this company at all. If anyone knows, how can I get my money back please let me know. Thx.
FAKE !!!!! I lost too much money on investing capital. The company is fake. Please Don’t go with this company at all. If anyone knows, how can I get my money back please let me know. Thx.
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2023-02-23 15:41
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