PrimeX Broker-Some Important Details about This Broker
एब्स्ट्रैक्ट： PrimeX Capital is a Mauritius brokerage company who offers trading services in in forex, commodities, indices, and cryptocurrencies.
| PrimeX Capital Review Summary | |
| Founded | 2017 |
| Registered Country/Region | Mauritius |
| Regulation | FSC of Mauritius |
| Market Instruments | Forex, commodities, indices, cryptocurrencies |
| Demo Account | ✅ |
| Spread | Floating from 0.8 pips (Standard account) |
| Leverage | Up to 500x |
| Trading Platform | MetaTrader 5, PrimeX App |
| Social Trading | ✅ |
| Minimum Deposit | $10 |
| Customer Support | Live chat, contact form |
| Email: support@primexcapital.com | |
| Address: 4th Floor, Docks 4, Caudan, Port Louis, 11101, Republic of Mauritius | |
| Instagram, YouTube, Twitter, LinkedIn, Telegram, WhatsApp | |
| Restricted Countries | North Korea, United States, Canada, Cuba, India, China, Pakistan, Hong Kong SAR China, Thailand, Vietnam, Bangladesh, Philippines, South Korea, Japan, Indonesia, Malaysia, Myanmar (Burma), Nepal, Iran, Russia |
PrimeX Capital Information
PrimeX Capital is a Mauritius brokerage company who offers trading services in in forex, commodities, indices, and cryptocurrencies.
It offers a risk-free demo account and three tiered live accounts, with an affordable minimum deposit $10 and tight starting spread from 0.1 pips. To execute trades, you can either choose the renowned MetaTrader 5 platform, or the broker's own PrimeX App.
Pros and Cons
| Pros | Cons |
| Demo accounts | Payment mainly through cryptos |
| Affordable minimum deposit | |
| Tight starting spreads | |
| MT5 platform | |
| Social trading | |
| Live chat support |
Is PrimeX Capital Legit?
PrimeX Capital is regulated by the Financial Services Commission (FSC) of Mauritius under Retail Forex License No. GB23202141. The FSC ensures compliance with anti-money laundering regulations, client fund segregation, and capital adequacy requirements.
What Can I Trade on PrimeX Capital?
| Trading Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type & Fees
PrimeX Capital offers a demo account simulating real trading, allowing traders to practice their trading strategies without losing real money.
Furthermore, three tiered live accounts are also avialable to suit varying needs for different client groups:
| Account Type | Minimum Deposit | Spread | Commission | Suitable for |
| Standard | $10 | From 0.8 pips | ❌ | Beginners |
| Narrow | $1,000 | From 0.6 pips | ❌ | Scalpers |
| Raw | $5,000 | From 0.1 pips | $6 per lot | Professional traders |
Leverage
While PrimeX Capital offers different maximum leverage for different account types.
Nevertheless, traders should use leverage cautiously and choose the account that best suits their experience levels to avoid huge losses.
| Account Type | Maximum Leverage |
| Standard | 1:400 |
| Narrow | 1:500 |
| Raw | 1:200 |
Trading Platform
PrimeX Capital uses the world renowned MetaTrader 5 platform for investors to execute trades, which is well-recognized by its robust functionalities such as advanced charting tools, automated trading and analysis indicators.
You can reach the platform on web, or download app from Windows, mobiles phones.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web/Windows/Mobile phones | Experienced traders |
| PrimeX App | ✔ | Mobile phones | / |
| MT4 | ❌ | / | Beginners |
Besides, the broker also developed its own PrimeX App,downloadable from both iOS and Android phones, to better adapt to their user habits.
Deposit and Withdrawal
Per its website, PrimeX Capital supports funding methods including Tether, Bitcoin, Ethereum, USDC and Iraq local depositor.
Here we don't draw the conclusion but still warn you to pay attention, since the broker mainly accepts payments through cryptos, which are typical methods used by fraud brokers.
Bonus Program
The PrimeX 50% Deposit Bonus Program offers traders an immediate 50% bonus on deposits starting from $100, up to a maximum of $500 per client. Designed to boost trading capital, the bonus is tradable with validity for one year, but not withdrawable.
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