Prime-FX Global has been flagged by Financial Conduct Authority 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.
I experienced a security concern with my Prime-FX Global account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Regular updates|Quick verification
Cons: Withdrawal takes 1-2 business days
Prime-FX Global offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Regular platform improvements|Multi-currency support
Cons: Charting tools need more indicators
Prime-FX Global seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Professional team|Multi-device support|Fast support response|Demo account available
Cons: Research section could be deeper|Website design could be more modern
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Prime-FX Global 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: Not registered with regulators|Unrealistic promises
Prime-FX Global has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Instant funding|Intuitive for beginners|Risk management tools|Smooth onboarding
Cons: No fractional shares