Prime Trade Markets review
Prime Trade Markets review: regulation (No), minimum deposit 100, leverage up to 1:500, platforms and current bonuses.
Trading conditions
- Broker type
- STP/ECN
- Minimum deposit
- 100
- Maximum leverage
- 1:500
- Minimum spread
- 0.5 pips
- Platforms
- MT4 for Windows, MT4 for Mac, MT4 for Android, MT4 for iOS
- Account currencies
- USD,EUR,GBP
Bonuses
- No deposit bonus
- No
- Welcome bonus
- Yes
- Other promotions
- Yes
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- No
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.
- Withdrawal methods
- Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.
Company
- Regulation
- No
- Founded
- 2019
- Country
- Seychelles
- Address
- Global Gateway 8, Rue de la Perle, Providence, Mahe, Seychelles
- Website languages
- English
- Phone
- +44 1274792524
- Email or Skype
- [email protected]
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Prime Trade Markets pros and cons
Pros
- Regulated by No
- Low minimum deposit: 100
- Raw spreads from 0.5 pips
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:500 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
Prime Trade Markets FAQ
Is Prime Trade Markets a safe and regulated broker?
Prime Trade Markets was founded in 2019 and is regulated by No. Your protection depends on which Prime Trade Markets entity opens your account.
What is the minimum deposit at Prime Trade Markets?
The minimum deposit at Prime Trade Markets is 100. Payment providers may set their own minimum amount.
What is the maximum leverage at Prime Trade Markets?
Prime Trade Markets offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does Prime Trade Markets offer a no deposit bonus?
No. Prime Trade Markets does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.
Which trading platforms does Prime Trade Markets offer?
Prime Trade Markets supports MT4 for Windows, MT4 for Mac, MT4 for Android, MT4 for iOS. Mobile trading is available.
Does Prime Trade Markets allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does Prime Trade Markets offer an Islamic (swap-free) account?
Yes. Prime Trade Markets offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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Prime Trade Markets at a glance
- Reader rating4 / 5 (5 votes)
- RegulationNo
- PlatformsMT4 for Windows, MT4 for Mac, MT4 for Android, MT4 for iOS
- Account currenciesUSD,EUR,GBP
- LanguagesEnglish
- Phone+44 1274792524
- Email / Skype[email protected]
- FaxNo
- Head officeGlobal Gateway 8, Rue de la Perle, Providence, Mahe, Seychelles