Prime Expexter Trade (primeexpextertrade.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: Suite 305 Griffith Corporate Centre PO Box 1510 Beachmont Kingstown St Vincent and the Grenadines; Katherine & West Suite 18 Second floor 114 West Street Sandton Johannesburg 2031; Room S203A Second Floor Orion Complex Victoria Mahe Republic of Seychelles This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: primeexpextertrade.com.
I wanted to transfer my portfolio from another broker to Prime Expexter Trade (primeexpextertrade.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Competitive fees|Automated trading options|Good mobile app|Personal attention
Cons: Minor UI glitches occasionally
What really bothers me about Prime Expexter Trade (primeexpextertrade.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after seeing their ad online and I fell for the polished exterior. Never again.
Pros: API access|Portfolio tracking tools
Cons: Limited social trading features|Limited cryptocurrency options
The reporting at Prime Expexter Trade (primeexpextertrade.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Comprehensive tools|Great customer service
Cons: Would like more payment methods|No phone support on weekends
I am in a dispute with Prime Expexter Trade (primeexpextertrade.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Personal attention|Risk management tools
Cons: Help articles are sometimes vague|No integrated tax optimization