Prima Capital

Prima Capital | 2024-11-29 18:45

Extrait：Founded in 2023, Prima Capital is an unregulated broker registered in Lebanon, offering trading in forex, indices, commodities, metals, and cryptos CFDs trading with leverage up to 1:500 and spread from 0.0 pips via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is as low as 50 USD.

Prima Capital Review Summary
Founded	2023
Registered Country/Region	Lebanon
Regulation	Unregulated
Market Instruments	Forex, indices, commodities, metals, cryptos CFDs
Demo Account	/
Islamic Account	✅
Leverage	Up to 1:500
Spread	From 1.2 pips (PRIMA CLASSIC account)
Trading Platform	MT5
Copy Trading	✅
Min Deposit	$50
Customer Support	Contact form
	Tel: +961 1 587 709, +961 3 097 709
	Email: info@prima-capital.com
	LinkedIn, Instagram, X, Telegram
	Address: West End 33 bldg, 4th floor, Gemayze, Beirut, Lebanon
	Registered address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
Regional Restrictions	Afghanistan, American Samoa, Andorra, Azerbaijan, Belarus, Benin, Botswana, Bosnia and Herzegovina, Burkina Faso, Burundi, Cambodia, Cayman Islands,Cape Verde, Central African Republic, Chad, Congo, Cuba, Equatorial Guinea, Gibraltar, Haiti, Iran, Jamaica, Japan, Libya, Mali, Myanmar, Mozambique, New Zealand, N. Korea, Oman, Pakistan, Palau, Panama, Philippines, Palestine, Russian Federation, Senegal, Singapore, Somalia, Sudan, Syria, Tanzania, Tajikistan, Turkmenistan, Uganda, Ukraine, United Kingdom, United States, US Virgin Islands, Vanuatu, Venezuela, Western Sahara, Yemen, Zimbabwe

Overview of Prima Capital

Founded in 2023, Prima Capital is an unregulated broker registered in Lebanon, offering trading in forex, indices, commodities, metals, and cryptos CFDs trading with leverage up to 1:500 and spread from 0.0 pips via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is as low as 50 USD.

Pros and Cons

Pros	Cons
Various trading assets	No regulation
Demo accounts	Unknown payment options
Multiple account types	Regional restrictions
MT5 supported
Copy trading
Low minimum deposit
Comprehensive customer support

Is Prima Capital Limited Legit?

No, Prima Capital is noted as being unregulated, which means it does not hold a license from any of the known financial regulatory bodies that oversee trading practices.

Operating without regulation can pose risks to traders because they may not have the same level of protections that regulated firms offer, such as compensation schemes or dispute resolution services.

Market Instruments

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Indices	✔
Commodities	✔
Metals	✔
Cryptocurrencies	✔
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Account Types

Account Type	Min Deposit
PRIMA CLASSIC	$50
PRIMA VIP	$10,000

Leverage

Prima Capital offers leverage up to 1:500 for both account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

Account Type	Spread	Commission
PRIMA CLASSIC	From 1.2 pips	❌
PRIMA VIP	From 0.0 pips	$7 per lot

Trading Platform

Prima Capital utilizes the MetaTrader 5 (MT5) trading platform for its operations. MetaTrader 5 is a highly regarded platform in the online trading community for its advanced features and capabilities.

It offers a wide range of tools for price analysis, algorithmic trading applications (such as Expert Advisors), and advanced financial trading functions. MT5 supports trading in forex, stocks, and commodities and provides traders with access to a comprehensive set of technical indicators, graphical objects, and detailed charting tools.