FxPrimeHoldings has been flagged by Comisión Nacional del Mercado de Valores for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The only good thing about FxPrimeHoldings is that they remind you why regulation matters. I found them through a financial advisor. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Dividend tracking|Clean UI
Cons: None so far
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that FxPrimeHoldings has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Comisión Nacional del Mercado de Valores|Cannot verify credentials
I signed up with FxPrimeHoldings after reading several online reviews and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Fast execution|Tax reports included|Comprehensive tools
Cons: Slow to add new assets
After doing some research AFTER the fact (I know, I should have done this first), I discovered that FxPrimeHoldings is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
For anyone considering FxPrimeHoldings, please be aware that this company has been flagged by Comisión Nacional del Mercado de Valores. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
Do not be fooled by the professional-looking website. Behind the scenes, FxPrimeHoldings is disorganized and incompetent. I found them after doing extensive research and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Market news feed|Intuitive for beginners|Regular platform improvements|Stable platform
Cons: Alert system is basic|Charting tools need more indicators
FxPrimeHoldings has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: No hidden fees|Copy trading available|Stable platform|API access
Cons: Alert system is basic
If you are reading this considering FxPrimeHoldings - run. I wish I had read more negative reviews after a family member had a good experience. I thought the positive ones were real. Maybe some are. My experience over for just over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Good analytical tools|Clean UI
Cons: Live chat only during business hours|Nothing significant