Abstract:Prime Capital, a trading name of Prime Capital Investments, is allegedly a suspicious regulated forex broker registered in the UK that claims to provide its clients with various tradable financial instruments with spreads from 0.6 pips on the world’s most trusted and popular MetaTrader4 trading platform.
Note: Since Prime Capitals official site (https://primecapitalinvest.com/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.
General Information & Regulation
Prime Capital, a trading name of Prime Capital Investments, is allegedly a suspicious regulated forex broker registered in the UK that claims to provide its clients with various tradable financial instruments with spreads from 0.6 pips on the worlds most trusted and popular MetaTrader4 trading platform.
Market Instruments
Prime Capital advertises that it mainly offers four different asset classes in financial markets, including forex, indices, commodities and stocks.
Spreads
Prime Capital claims that the spread on the benchmark EUR/USD pair starts from 0.6 pips.
Trading Platform Available
Platforms available for trading at Prime Capital are the industry-standard MetaTrader4 and Prime Capital TraderPro. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Deposit & Withdrawal
Prime Capital says to accept deposits via wire transfers, credit/debit cards like Visa and MasterCard, cryptocurrency and Western Union. On its site, there is also a banner that mentions e-wallets such as Skrill and Neteller. However, we cannot be sure if these payment options are all available. The minimum initial deposit requirement is said to be $250.
Customer Support
Prime Capitals customer support can be reached from Money to Friday 7:30 am-9:00 am by telephone: +447537126270, email: ken.maxwell@primecapitalinvest.com. Company address: 26 Finsbury Square, London EC2A 1DS.
Saxo Bank launched an attractive promotion for new clients that offers zero commission trading on transactions for the 100 most popular US stocks. This campaign began on September 17, 2024, and runs until December 31, 2024. It aims to attract clients who want to invest without paying trading costs.
MetaQuotes now offers Nasdaq real-time tick data in MetaTrader 5. Subscribe for accurate market analysis, improved trading strategies, and flexible subscription plans.
Federal Reserve Cuts Rates for the First Time in Four Years. On September 18, Bank of America Global Research revealed an upward adjustment in its forecast, expecting the Federal Reserve to implement a total of 75 basis points in rate cuts by year-end.
The Federal Reserve’s decisions to raise or cut interest rates are among the most influential drivers of market activity, particularly in the forex and cryptocurrency markets. Understanding the impact of rate changes is crucial for market participants, as it helps them anticipate potential movements and adjust their strategies accordingly.