Score

1.49 /10
Danger

Dutch Prime

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.84

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

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Broker Information

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Company Name

Dutch Prime securities ltd.

Company Abbreviation

Dutch Prime

Platform registered country and region

Saint Vincent and the Grenadines

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

Dutch Prime · Company summary
Aspect Information
Registered Country/Area Saint Vincent and the Grenadines
Company Name Dutch Prime
Regulation Not regulated
Minimum Deposit $100
Spreads/Fees Competitive spreads
Minimum Trade Size 0.01 lots
Trading Platforms MetaTrader 4 (MT4)
Tradable Assets Forex, Shares, Indices, Metals, Soft Commodities
Website Status Currently down

Overview

Dutch Prime, based in Saint Vincent and the Grenadines, operates without regulatory oversight, offering a minimum deposit of $100 and competitive spreads. Traders can access a diverse range of market instruments including Forex, Shares, Indices, Metals, and Soft Commodities, with a minimum trade size of 0.01 lots. The company utilizes the MetaTrader 4 (MT4) platform for trading. However, potential investors should note that the website is currently down, which may impact accessibility and services provided.

Overview

Regulation

Dutch Prime operates outside the regulatory framework as a broker. This lack of regulation means clients may not benefit from the investor protections typically afforded by regulatory oversight. Potential investors should exercise caution and conduct thorough research before engaging with Dutch Prime's services.

Regulation

Pros and Cons

Dutch Prime offers a range of advantages and drawbacks for traders to consider. While it provides access to diverse market instruments and flexible trading conditions, its lack of regulation raises concerns about investor protection. Traders should weigh these factors carefully before engaging with Dutch Prime's services.

Pros Cons
  • Access to diverse market instruments
  • Operates outside regulatory oversight, potentially lacking protections
  • Flexible trading conditions
  • Potential risks associated with lack of regulation
  • Utilizes the widely-used MT4 platform
  • Limited transparency and accountability
  • Low minimum deposit requirements
  • Ability to trade smaller positions

Market Instruments

Dutch Prime offers a comprehensive selection of market instruments, including:

Forex (Foreign Exchange): Currency pairs such as EUR/USD, GBP/JPY, and USD/JPY, allowing traders to speculate on the exchange rate fluctuations between different currencies.

Market Instruments

Shares: Ownership stakes in publicly traded companies, providing opportunities for investors to participate in the growth and performance of various industries and companies worldwide.

Indices: Tracking the performance of a basket of stocks representing a particular market or sector, such as the S&P 500, FTSE 100, or DAX 30, offering traders exposure to broader market movements.

Metals: Precious metals like gold, silver, platinum, and palladium, which are commonly traded commodities known for their value as safe-haven assets and industrial uses.

Soft Commodities: Agricultural products such as coffee, sugar, cocoa, and cotton, enabling traders to speculate on supply and demand dynamics influenced by factors like weather conditions, geopolitical events, and economic trends.

This diverse range of market instruments allows traders to tailor their investment strategies according to their risk tolerance, market outlook, and financial goals, enhancing opportunities for portfolio diversification and potential profit generation.

Trading Conditions

Trading Conditions

Dutch Prime offers accessible and flexible trading conditions:

  1. Platform: Traders use MetaTrader 4 (MT4), known for its user-friendly interface and advanced features.

  2. Minimum Deposit: To start trading, you need just $100, making it accessible to many.

  3. Minimum Trade Size: You can trade as little as 0.01 lots, allowing for smaller positions and precise risk management.

Overall, Dutch Prime's setup is designed to cater to traders' needs with simplicity and efficiency.

Conclusion

In summary, Dutch Prime operates without regulatory oversight, requiring potential investors to exercise caution. Despite this, it offers a diverse range of market instruments and flexible trading conditions through the widely-used MetaTrader 4 platform. However, its current website downtime may pose challenges for traders seeking to access its services. Investors should consider these factors carefully before engaging with Dutch Prime.

FAQs

Q1: Is Dutch Prime regulated?

A1: No, Dutch Prime operates outside the regulatory framework as a broker.

Q2: What market instruments does Dutch Prime offer?

A2: Dutch Prime provides access to Forex, Shares, Indices, Metals, and Soft Commodities.

Q3: What is the minimum deposit required to open an account with Dutch Prime?

A3: The minimum deposit is $100, making trading accessible to many investors.

Q4: What trading platform does Dutch Prime use?

A4: Dutch Prime utilizes MetaTrader 4 (MT4), known for its user-friendly interface and advanced features.

Q5: Can I trade smaller positions with Dutch Prime?

A5: Yes, Dutch Prime allows trading with a minimum size of 0.01 lots, enabling precise risk management.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

News

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In the previous article, we talked about the brokers in St Vincent & The Grenadines and their reliability. Today’s article lists 5 brokers in St Vincent & The Grenadines with low WikiFX scores so that you can have a better understanding of how special this place is in the forex industry.

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2022-10-08 16:56
WikiFX Ranking: 5 Brokers in St Vincent & The Grenadines with Low WikiFX Scores

NewsBrokers from St Vincent & The Grenadines: Should you avoid them?

There have been many brokers registered in St. Vincent and the Grenadines in recent years. However, we have received numerous complaints related to these brokers registered in St. Vincent and the Grenadines. Which raises a question: how reliable is an SVG broker?

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2022-09-29 18:24
Brokers from St Vincent & The Grenadines: Should you avoid them?

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AnhDuyen16
more than one year
My process to create my account has been very slow and difficult....but thanks to these wonderful agents like Juan Carlos, people can be pleased and calm; They give you information and care about each person's problems....I would say exceptional....
My process to create my account has been very slow and difficult....but thanks to these wonderful agents like Juan Carlos, people can be pleased and calm; They give you information and care about each person's problems....I would say exceptional....
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2024-07-09 18:29
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