Score

6.95 /10
Average

Broctagon Prime

Regulated in Cyprus

Market Making(MM)

Medium potential risk

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Score

Regulatory Index6.67

Business Index7.54

Risk Management Index8.90

Software Index6.00

License Index6.67

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Broker Information

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Company Name

Broctagon Prime Ltd

Company Abbreviation

Broctagon Prime

Platform registered country and region

Cyprus

Company website

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WikiFX Risk Alerts
Previous Detection : 2024-11-09
  • The current information shows that this broker does not have a trading software. Please be aware!

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Broctagon Prime · Company summary
Aspect Information
Company Name Broctagon Prime
Registered Country/Area Cyprus
Founded year 5-10 years ago
Regulation Regulated by CySEC (license no. 320/17)
Market Instruments Forex, Indices, Shares, Commodities, Metals
Account Types N/A
Minimum Deposit N/A
Maximum Leverage N/A
Spreads N/A
Trading Platforms No trading software available at the moment
Customer Support Email: info@broprime.com<br>Phone: +357 25 262211
Deposit & Withdrawal N/A
Educational Resources N/A

Overview of Broctagon Prime

Broctagon Prime, based in Cyprus, has established itself in the trading industry over the past 5-10 years. Regulated by CySEC (license no. 320/17), it offers a wide array of trading assets, including Forex, Indices, Shares, Commodities, and Metals.

Advantages include robust regulation ensuring security, extensive asset variety, and accessible customer support channels.

However, limitations include the absence of trading software and insufficient website information.

Overview of Broctagon Prime

Regulatory Status

Broctagon Prime operates under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC), holding a Market Making (MM) license with the license number 320/17.

This regulation status provides traders on the platform with a sense of security and confidence, as it ensures that Broctagon Prime adheres to strict regulatory standards set forth by CySEC.

Regulatory Status

Pros and Cons

Pros Cons
Regulated by CySEC No trading software available at the moment
Various range of trading assets including Forex, Indices, Shares, Commodities, and Metals Insufficient website information
Accessible customer support

Pros:

  • Regulated by CySEC (license no. 320/17): Being regulated by the Cyprus Securities and Exchange Commission (CySEC) provides traders with assurance regarding the platform's adherence to stringent regulatory standards.

  • Various range of trading assets: Broctagon Prime offers traders access to a wide variety of trading assets, including Forex, Indices, Shares, Commodities, and Metals.

  • Accessible customer support: Broctagon Prime provides comprehensive customer support through multiple channels, including email and phone.

Cons:

  • No trading software available at the moment: One drawback of Broctagon Prime is the absence of trading software at the moment. This limitation inconveniences traders who prefer to use dedicated trading platforms for executing their trades.

  • Insufficient website information: Another drawback is the insufficient information provided on the website. Lack of detailed information about trading conditions, account types, fees, and other relevant aspects hinder traders' ability to make informed decisions.

Market Instruments

Broctagon Prime provides traders with access to a wide range of trading assets, including Forex, Indices, Shares, Commodities, and Metals.

Market Instruments

Within the Forex category, traders can engage in trading major currency pairs such as Euro vs United States Dollar (EUR/USD), United States Dollar vs Japanese Yen (USD/JPY), and British Pound vs United States Dollar (GBP/USD), among others. Additionally, the platform offers trading opportunities in a variety of indices, allowing traders to speculate on the performance of global stock markets. Moreover, traders can access a selection of shares from various industries and regions.

Market Instruments

Furthermore, Broctagon Prime enables traders to diversify their portfolios by trading commodities such as metals, including gold, silver, and other precious metals.

Trading Platform

The current information shows that Broctagon Prime does not have trading software. Please be aware.

Customer Support

Broctagon Prime offers comprehensive customer support to assist traders with their queries.

Traders can contact the support team via email at info@broprime.com or by phone at +357 25 262211 for prompt assistance.

The dedicated team is available to address inquiries, provide guidance, and offer tailored solutions to meet individual trading needs.

Customer Support

Conclusion

In conclusion, Broctagon Prime presents a compelling option for traders seeking a regulated and various trading assets platform.

The advantages, including robust regulation ensuring security, extensive asset variety, and accessible customer support channels, offer significant benefits to traders.

However, the absence of trading software and insufficient website information are notable drawbacks that impact the overall trading experience.

FAQs

Question: Is Broctagon Prime regulated?

Answer: Yes, Broctagon Prime is regulated by CySEC (license no. 320/17), ensuring compliance with stringent regulatory standards.

Question: What trading assets are available on Broctagon Prime?

Answer: Broctagon Prime offers a wide range of trading assets, including Forex, Indices, Shares, Commodities, and Metals.

Question: How can I contact customer support?

Answer: You can reach Broctagon Prime's customer support team via email at info@broprime.com or by phone at +357 25 262211.

Question: Does Broctagon Prime provide trading software?

Answer: At the moment, Broctagon Prime does not offer trading software.

Question: Can I trade major currency pairs on Broctagon Prime?

Answer: Yes, Broctagon Prime allows trading in major currency pairs such as EUR/USD, USD/JPY, and GBP/USD.

User Reviews

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hjbsd
more than one year
Have used Broctagon Prime for some time now, support is great and if any issues they are resolved quickly. But Very expensive spreads unfortunately. I do not recommend for the person who is learning and seeking consistency.
Have used Broctagon Prime for some time now, support is great and if any issues they are resolved quickly. But Very expensive spreads unfortunately. I do not recommend for the person who is learning and seeking consistency.
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2024-05-24 18:50
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FX1037547299
more than one year
Vi un anuncio sobre esta empresa y, por curiosidad, hice clic y eché un vistazo, pero descubrí que había muy poca información en el sitio web de la empresa. ¿Cómo puede un sitio web de este tipo atraer clientes? Les envié un correo electrónico para pedirles más detalles, pero tardé unas 6 horas en recibir una respuesta.
Vi un anuncio sobre esta empresa y, por curiosidad, hice clic y eché un vistazo, pero descubrí que había muy poca información en el sitio web de la empresa. ¿Cómo puede un sitio web de este tipo atraer clientes? Les envié un correo electrónico para pedirles más detalles, pero tardé unas 6 horas en recibir una respuesta.
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2022-11-24 14:21
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