www.primefms.com has been flagged by AMF (France) for "Unauthorised". Category: Forex This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.primefms.com.
After for a few weeks now with www.primefms.com, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Comprehensive tools|Regular updates|No hidden fees
Cons: Withdrawal takes 1-2 business days
I am in a dispute with www.primefms.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: Fast execution|Good mobile app|Demo account available|Responsive team
Cons: Wait times can be long during peak hours|Would like more payment methods
I joined www.primefms.com after a friend recommended them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Low minimum deposit|High security standards|Excellent charting
Cons: Account statements could be more detailed|Email notifications too frequent
The spread at www.primefms.com is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through a financial advisor and initially thought the platform was good - until I started trading seriously.
Pros: Low minimum deposit|Fast deposits|Helpful community forum
Cons: Limited ETF selection|Charting tools need more indicators
I lost a significant amount because www.primefms.com did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Competitive fees|Dedicated account manager|Smooth onboarding
Cons: Some tools only available on higher tiers|Limited social trading features
www.primefms.com changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Educational resources|Multi-currency support
Cons: No live chat on mobile|No fractional shares
What really bothers me about www.primefms.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 hearing about them at a conference and I fell for the polished exterior. Never again.
Pros: Stable platform|Multi-device support
Cons: Search feature is basic|Wait times can be long during peak hours
Customer support at www.primefms.com seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Market news feed|Multi-device support|Wide product range
Cons: Search feature is basic|Charting tools need more indicators
www.primefms.com locked my account without warning and demanded documents I had already submitted. since I retired last year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Intuitive for beginners|Good mobile app|Clear documentation
Cons: No crypto staking