Abstract:Prime FX Options is allegedly a forex broker registered in the United Kingdom that claims to provide its clients with three different investment plans.
Note: For some unknown reason, we cannot open Prime FX Options official site (https://primefxoptions.com/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
Prime FX Options is allegedly a forex broker registered in the United Kingdom that claims to provide its clients with three different investment plans.
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, trading platforms, minimum deposit, etc.
As for regulation, it has been verified that Prime FX Options does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.31/10. Please be aware of the risk.
Market Instruments
Prime FX Options advertises that it offers access to a wide range of trading instruments in financial markets, which include but are not limited to forex and options.
Investment Plans
Prime FX Options claims to offer three different investment plans, namely Basic Plan, Premium Plan and VIP Plan. The minimum initial deposit to start a Basic Plan is $300, while the other two investment plans have much higher minimum initial capital requirements of $500 and $1,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
Deposit & Withdrawal
The minimum initial deposit requirement at Prime FX Options is said to be $300. However, the broker says nothing about the acceptable deposit and withdrawal methods.
Customer Support
Prime FX Options customer support can be reached by telephone: +447723531757, email: Support@primefxoptions.com. Company address: 25 Clevedon United Kingdom.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
In Forex Trading, Without Effective Risk Management, You Risk Huge Losses and the Complete Depletion of Your Account.
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