PRIMEGLOBAL MARKET Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-29 19:06

Abstract：PrimeGlobalMarket, registered in the United States. The broker, which says it offers more than 170 tradable assets to traders, also supports the use of MT4. However, the broker is currently in an unregulated state, and the release of key information is incomplete.

Aspect	Information
Company Name	PrimeGlobalMarket
Registered Country/Area	United States
Regulation	Unregulated
Minimum Deposit	$200.00
Account Types	Silver Account, Long Term Account, Gold Account and Ultimate Account
Trading Platforms	MT4
Tradable Assets	Forex, Cryptocurrency, Commodities, Indices, Stocks
Customer Support	Phone, Email, Social Media, Physical Address and Online Chat
Deposit & Withdrawal	BTC, ETH, LTC, DOGE and so on

PrimeGlobalMarket Information

　　PrimeGlobalMarket, registered in the United States. The broker, which says it offers more than 170 tradable assets to traders, also supports the use of MT4. However, the broker is currently in an unregulated state, and the release of key information is incomplete.

Pros and Cons

Pros	Cons
170+ tradable assets	No regulation
Supports the use of MT4	The account information is incomplete

Is PrimeGlobalMarket Legit?

　　PrimeGlobalMarket is currently an unregulated broker and operates outside of laws and regulations.

What Can I Trade on PrimeGlobalMarket?

　　PrimeGlobalMarket says it offers more than 170 tradable assets, and through the MT4 trading system, traders can trade forex, cryptocurrency pairs, stocks, indices and commodities.

Tradable Instruments	Supported
Forex	✔
Cryptocurrency	✔
Commodities	✔
Indices	✔
Stocks	✔
Bonds	❌
ETF	❌

Account Types

　　PrimeGlobalMarket has four accounts: Silver Account, Long Term Account, Gold Account and Ultimate Account.

　　All four accounts support 24/7 customer service, as do the payment options.

　　In terms of minimum deposit, there is a big difference between the four types of accounts. Among them, the minimum deposit requirement is $200. The broker's account is more suitable for well-funded traders, and the cost of trying is high for beginners.

Account Type	Silver	Long Term	Gold	Ultimate
Minimum Investment	$200.00	$5,000.00	$20,000.00	$50,000.00
Maximum Investment	$5,000.00	$20,000.00	$50,000.00	$5,000,000.00
Customer Service	24/7	24/7	24/7	24/7
Payments Accepted	BTC, ETH, LTC, DOGE	BTC, ETH, LTC, DOGE	BTC, ETH, LTC, DOGE	BTC, ETH, LTC, DOGE

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web	Beginner
MT5	❌

Deposit and Withdrawal

　　PrimeGlobalMarket says it supports all major cryptocurrencies and fiat payment methods such as BTC, ETH, LTC, DOGE.

　　In addition, the minimum deposit of this broker is $200. This threshold is not the lowest compared to some brokers in the market.

Customer Service

　　PrimeGlobalMarket offers 24/7 customer service. Traders can also be contacted by email or found on social media. The brokerage also published the physical address，traders who prefer offline consultation can go to get help.

Contact Options	Details
Email	support@primeglobalmarket.com
Online Chat	24/7
Social Media	Facebook, Twitter, Instagram, Pinterest
Physical Address	599 Lexington Avenue, 20th Floor; New York, NY 10022,USA

The Bottom Line

　　Traders can use MT4 to trade more than 170 products. However, without regulation and lack information of trading fees may be problems for investors.