Bold Prime

Risk Warning

Online trading involves significant 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.

General Information

Bold Prime Review Summary in 10 Points
Founded	2020
Registered Country/Region	Mauritius
Regulation	Not regulated
Market Instruments	CFD Forex, CFD Stocks
Demo Account	Available
Leverage	Maximum up to 1:2000
EUR/USD Spread	Start from 0.1 pips
Trading Platforms	MT4/5, cTrader
Minimum Deposit	USD 15
Customer Support	Live chat, Email, Address, Social media

What is Bold Prime？

Bold Prime is a global brokerage firm based in Mauritius. It provides traders with access to financial instruments including CFD Forex and CFD Stocks. However, it is important to note Primal FX Trade is currently not regulated which may raise concerns when trading.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros	Cons
• Various account types to suit different trading needs	• Not regulated
MT4/5 platforms	• Limited research and analysis tools
• Rich educational resources for traders of all levels	Limited trading instruments
• Acceptable minimum deposit amount
• 24h customer support

Bold Prime Alternative Brokers

There are many alternative brokers to Bold Prime depending on the specific needs and preferences of the trader. Some popular options include:

• RoboForex- RoboForex offers a wide range of trading instruments, competitive trading conditions, and multiple account types, making it suitable for both beginner and experienced traders.

• FxPrimus- FxPrimus provides a secure and regulated trading environment, competitive spreads, and a user-friendly platform, catering to traders looking for reliability and a variety of trading options.

• Eightcap- Eightcap offers a technologically advanced trading infrastructure, fast execution speeds, and a diverse range of trading instruments, making it a suitable choice for traders seeking a robust trading experience.

Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.

Is Bold Prime Safe or Scam？

Bold Prime currently operates without valid regulation, which may raise concerns about its legitimacy and safety as a trading platform. Regulation is an important aspect of the financial industry as it provides oversight, transparency, and investor protection. The absence of proper regulation means that there may be a lack of checks and balances, potentially exposing traders to higher risks.

Market Instruments

Bold Prime offers a variety of market instruments through its CFD (Contract for Difference) trading.

Traders can engage in CFD trading for Forex, allowing them to trade over more than 27 major and minor currency pairs and participate in the global currency market. This provides opportunities for traders to take advantage of fluctuations in exchange rates and potentially profit from currency movements.

Additionally, Bold Prime offers CFD trading for stocks, allowing traders to trade Options, Indexes, Shares & Commodities like a pro and speculate on the price movements of popular stocks without owning the underlying assets. Traders can access a wide range of stocks from various global markets, giving them the chance to diversify their portfolios and potentially benefit from market trends.

Accounts

Bold Prime offers different types of trading accounts to cater to the varying needs and preferences of their clients.

Demo Account: Bold Prime provides a demo account that allows traders to practice their trading strategies and familiarize themselves with the trading platform without risking real money.

Standard Account: requires a minimum deposit of USD 15, making it accessible for traders with smaller starting capital.

Prime Raw Account: this account on the other hand, requires a minimum deposit of USD 150. It is suited for traders who prioritize lower spreads and faster execution.

Prime Platinum Account: this account is for traders looking for enhanced features and benefits, it is available with a minimum deposit of USD 400.

Leverage

Bold Prime offers different leverage options across its various account types to accommodate the trading preferences and risk appetite of its clients.

The Standard Account provides leverage of up to 1:2000, allowing traders to control larger positions with a smaller amount of capital.

The Prime Raw Account and Prime Platinum Account, on the other hand, offer leverage of up to 1:300.

Leverage can be a powerful tool in trading, but it's important for traders to use it responsibly and exercise proper risk management techniques. Higher leverage ratios can amplify both gains and losses, so it's crucial for traders to have a thorough understanding of leverage and its implications before utilizing it in their trading activities.

Spreads & Commissions

Bold Prime offers competitive trading conditions across its different account types.

The Standard Account features spreads starting from 1.8 pips and does not charge any commissions. This account is suitable for traders who prefer a straightforward, commission-free trading environment.

The Prime Raw Account and Prime Platinum Account offer tighter spreads starting from 0.2 pips and 0.1 pips respectively, making it especially attractive for traders looking for lower trading costs. However, these two accounts charge a commission of USD 7 per lot traded. With its lower spreads and relatively competitive commissions, the Prime Raw Account appeals to traders who value tight pricing and faster execution.

All account types offered by Bold Prime are also available in an Islamic account version, which complies with Islamic principles. This allows traders to adhere to their religious beliefs while participating in the financial markets.

Broker	EUR/USD Spread (pips)	Commissions (per lot)
Bold Prime	From 0.1	Variable (depending on account)
RoboForex	0.0	Variable (depending on account)
FxPrimus	0.3	No commissions
Eightcap	0.0	Variable (depending on account)

Please keep in mind that spread values can vary depending on market conditions, account type, and other factors. Commission structures may also differ based on the broker's pricing model and the type of account being used. It's important to review the official websites or contact the brokers directly for the most accurate and up-to-date information on spreads and commissions.

Trading Platforms

Bold Prime offers traders the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as cTrader. These platforms are available on various devices and operating systems, including iOS, Windows, and Android, providing traders with flexibility and convenience in accessing their trading accounts.

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are widely recognized and user-friendly platforms known for advanced charting capabilities, technical analysis tools, and customizable interface. The platforms feature automated trading through expert advisors (EAs), multiple time frame analysis, and real-time market news and updates. The MT4/MT5 platforms are suitable for traders of all levels of experience and are often the platform of choice for many traders due to its extensive functionality and popularity among the trading community.

In addition to the MetaTrader platforms, Bold Prime also offers the cTrader platform on mobile devices, which is known for its powerful order execution capabilities and advanced charting features. The cTrader platform is particularly popular among ECN (Electronic Communication Network) traders, as it provides direct access to liquidity providers and offers transparent pricing.

Broker	Trading Platforms
Bold Prime	MT4/5, cTrader
RoboForex	MetaTrader 4, MetaTrader 5, cTrader, R Trader, WebTrader
FxPrimus	MetaTrader 4, WebTrader, Multi-Account Manager (MAM)
Eightcap	MetaTrader 4, MetaTrader 5, WebTrader

Overall, Bold Primes trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders

Customer Service

Bold Prime provides multiple customer service options to assist its clients. Customers can reach out to Bold Prime through various channels to address their queries and concerns as below:

Email:support@boldprime.com; sales@boldprime.com.( can be reached during 9:00 AM to 5:00 PM (GMT+2))

Address:

Bold Prime Ltd. (26184 BC 2021)

3rd Floor Manor House 30 St George Street Port Louis

Mauritius

Bold Prime also provides 24/7 live chat support for its clients, ensuring that traders have access to assistance and support at any time of the day

In addition, Bold Prime also maintains official social media channels on platforms such as Facebook, Instagram, Twitter, Telegram, and LinkedIn.

Pros	Cons
• Accessibility	• No direct phone service
• Personalized Support	• Quality and Expertise
• 7x24h live chat
• Social media channels supported

Note: These pros and cons are subjective and may vary depending on the individual's experience with Bold Prime customer service.

Education

Bold Prime offers a range of educational resources to support traders in their learning and trading journey.

The Bold Prime Trading School is a comprehensive resource that provides traders with access to a wide range of educational materials. It is designed to cater to traders of all levels, from beginner to advanced, and aims to enhance their knowledge and skills in the financial markets.

In addition, Bold Prime also provides an Economic Calendar, which is a valuable tool for traders to stay informed about upcoming economic events, news releases, and data releases that can impact the financial markets.

Furthermore, Bold Prime offers valuable information through their FAQ (Frequently Asked Questions) page. This resource serves as a knowledge base where clients can find answers to common queries and gain a better understanding of various aspects of trading.

Conclusion

According to available information, Bold Prime is a non-regulated Mauritius-based brokerage firm. While the firm offers a range of market instruments such as CFD Forex, CFD Stocks, it is important to consider certain factors such as lack of regulations that may raise concerns. It is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from Bold Prime before making any investment decisions.

Frequently Asked Questions (FAQs)

Q 1:	Is Bold Prime regulated？
A 1:	No. It has been verified that this broker currently has no valid regulation.

Q 2:	Does Bold Prime offer the industry leading MT4 & MT5？
A 2:	Yes. It offers MT4 & MT5 on Windows, iOS and Android devices.

Q 3:	Does Bold Prime offer demo accounts？
A 3:	Yes.

Q 4:	What is the minimum deposit for Bold Prime？
A 4:	The minimum initial deposit to open an account is $15.

Q 5:	Is Bold Prime a good broker for beginners？
A 5:	No. It is not a good choice for beginners. Its been verified the broker currently has no valid regulations from recognized regulatory authorities.