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There are many forex brokers on the market. That’s no secret. However, there are not many that are worth your time. In fact, if you’re a beginner in the world of forex trading, it can be extremely confusing as to which one to choose.
In this series, PrimeFin is one such forex broker that aims to cater to the need of every trader.
This review will help you decide why PrimeFin is one of the best forex brokers.
PrimeFin, an emerging online brokerage that started in the year 2020 to give traders the best trading experience, takes pride in calling itself a new kid on the block. The brokerage firm has taken the virtual world by storm in the last couple of years thanks to its robust and innovative trading platform, signature blue trading system, low commissions, and much more.
Additionally, the broker offers to trade on 300+ underlying assets from different financial markets such as Forex trading, Stocks, Crypto, Indices, Commodities, Futures, etc.
PrimeFin is a multi-asset CFD and Forex broker, owned and operated by Caps Solutions Limited, a financial service provider incorporated in Labuan.
The award-winning broker is well regulated by a number of regulatory bodies, including the Labuan Financial Services Authority (LFSA).
Additionally, the broker serves over 100 countries, including South Africa. On the other hand, PrimeFin has also started its services in India and has gained a good response in such a short period.
Forex broker PrimeFin is the brand name of the leading investment company, Caps Solutions UK Ltd. The broker operates from Unit B Lot 49, 1st Floor, Block F, Lazenda Warehouse 3 Jalan Ranca Labuan Malaysia, with registration no LL16622.
The Caps Solutions Ltd has its registered address at Almack House, 26-28 King Street, London, England. Talking about the regulations, the broker is regulated and authorized by the Labuan Financial Services Authority (LFSA) under License no 12734767.
Moreover, the broker follows all the rules and regulations of the financial bodies like the EU, MiFID, and Investor Compensation Funds (ICF), which work toward the client’s interest and protects clients from fraud.
The broker also uses an advanced encryption system to protect the customer’s data. The broker operates as per the rules and regulations of securities commissions such as MiFID of the EU and keeps clients’ money in segregated bank accounts
Within a short time, a broker has gained thousands of active traders; thus, it is the legit forex broker and the safest haven for all forex investors and traders, from novice to pro level.
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The forex broker offers trading services through three different types of live trading accounts according to the customer’s trading skills, style, and kind: Silver Account, Gold Account, and Platinum Account.
The traders can choose the account type according to their financial needs and experiences. Every live trading account type has some unique and additional features and services.
The broker also offers a free demo trading account for practicing and mastering the different trading strategies and trading methods. A minimum deposit of $250 is required for the account opening.
The broker offers the best live trading account types for every trader from newcomers to the most experienced forex traders.
The broker’s account opening process is straightforward. The entire process is digital and hassle-free. By following the given steps, you can easily open an account with the broker within one day.
The forex broker offers the ability to trade CFDs in six different trading and financial instruments; trading Forex, Crypto trading, trade Stocks, Indices, Precious Metals, and Commodities.
The characteristics and functionalities of each trading asset are excellent and well-defined. The available trading assets are as follows:
This multi-asset trading platform offers commission-free trading with relatively low spread and swap charges. The broker provides massive swap discounts on its different trading account types. The spread charges are as low as 0.07.
A currency conversion fee will be charged to change the currency into your account’s base currency. Currency conversion fees are charged by the broker in the same way that they are charged by banks and financial organizations when they convert currency denominations.
The fee is frequently charged for specific reasons. Additionally, the broker provides the maximum leverage up to 1:500. The leverage also depends on the trading account types and different trading instruments.
The broker offers a wide range of payment methods for depositing and withdrawals. The deposits are made instantly, while withdrawal requests might take 3-4 days depending on the chosen payment option.
The broker offers commission-free services. Only traders might be charged on withdrawals below a standard threshold. Traders can take the benefit from multiple payment options as follows:
Providers | PrimeFin |
---|---|
Swap charges | Clients get a 50 percent discount |
Spreads | The minimum spread is 0.03 pips |
Deposit | Not applicable |
Currency conversion | Need to pay fees |
Unlike other forex brokers, PrimeFin offers an advanced forex trading platform for web and mobile trading. The brokerage firm’s entire browsing experience with the most popular trading platforms is furnished with easy, structured tabs and navigation systems with categorized functioning.
Traders can start trading via high terminals. Access all kinds of markets in the most user-friendly way with MetaTrader 4 trading platforms.
WebTrader platform offered by the broker is well-equipped to render the most comfortable and magnificent trading experience to the clients.
There is no time-consuming and extra installation needed. One can just open the web browser and start trading via Webtrader. The website or Webtrader functioning is easy to understand and grasp for newbies.
With an online trading app, traders can get to make the best and most profitable trading moves, anytime and anywhere. One gets the full trading functionality right on the tip of the fingers. Trade currency pairs, crypto, and other assets in the quickest way possible.
The broker offers quite an impressive & substantial educational hub and research materials. Professional traders can get the benefit from this material in their market analysis and execute the trading strategies.
Novice traders can learn and practice the different advanced trading methods and the various financial markets’ dynamics. The material offered by the broker is as follows:
The broker offers dedicated and expert customer support in multiple languages. The broker always tries to improve its services and tries to give the best support to its clients.
In a significantly lesser period, the broker has succeeded to attract thousands of clients through its exceptional and superior customer support service. The clients can contact them through different modes Live Chat, Telephone, and Email.
Here are some contact details:
After reviewing this detailed PrimeFin review, here’s a quick summary – PrimeFin is one of the leading online forex brokers that offer top-notch trading services and features compared to other forex brokers in the industry. It offers a wide range of trading assets through its advanced trading platforms.
Most importantly, it is regulated by the top-tier financial regulator – Labuan Financial Services Authority (LFSA), and is operated under the leading investment company, Caps Solutions UK Ltd.
Overall the broker is new and offers very high and various services which are Best for novice traders.
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PrimeFin operates under the global brokerage firm, Caps Solutions UK Ltd. Additionally, this forex broker is well regulated and authorized by the Labuan Financial Services Authority (LFSA) under License no 12734767. Read the PrimeFin review to know more.
The forex broker offers MetaTrader4 and an advanced WebTrader and mobile trading app to trade forex.
You can start your trading with a minimum deposit of $250. Read the PrimeFin review to know more.
The brokerage firm is the leading forex broker that offers exceptional trading services and conditions. It operates under the global brokerage firm, Caps Solutions UK Ltd, and is well regulated by the Labuan Financial Services Authority (LFSA). Read the PrimeFin review to know more.
A trusted broker will contact you today.
I initially invested a total of $105,000 over a period of 5 weeks. My bonus/profit was $830,000, every attempt to make withdrawal failed and I was instructed to make another deposit of $25,000 before I can make withdrawals which I did. Up till now, I’m still unable to make withdrawals and all attempt to contact broker has failed. This is very pathetic and I felt so bad losing my investment. I did a due diligence test before investing with them but guess what I ended up getting burned. This is to create awareness, not everybody can be as lucky as I was. I’m saying this because I was able to recover my funds. Thanks to a recovery specialist, she’s a private investigator and wealth recovery expert…Contact her on Hack-assets via google mail for more inquiries. email; ([email protected]), Thought someone might find this information useful.
I just like their payout strategy as the withdrawal amount comes on time with no commission policy. Zero commission policy is such a pleasant bonus. Trading with primefin turned out to be a valuable experience for me. Highly recommended.
After hearing so much about primefin, I can finally say that primefin is a legitimate broker. At first, I was just confused because of different opinions but after having a great start with this broker. I am really satisfied.
You have full control over your bids and can access to markets. Primefin is a great platform. Worth recommending.
I am impressed with the quality of the services that primefin is providing. Fast execution is in play with depositing and withdrawal funds. I am just stunned by their client support.
I came to primefin through my friend’s recommendation. I started my trading journey 4 months ago when my friend was just a few steps ahead of me. Now I am just at an equal level as my friend with the help of the customer support prime fin offered.
Opened a demo account with primefin and am happy with everything. Although I am a beginner in trading, the mobile application is quite fast, and in addition, getting access to a large number of training materials. Now I’m going through the tutorials and carefully watching the video.
Primefin offers very high leverage with low latency. Trading platforms are compatible with all devices and have strong data encryption. The online broker offers a unique feature known as cross-platform trading. I personally like this feature as it helps me a lot while trading.
With primefin you can trade on more than 300 assets on advanced platforms available on its website and mobile app. Easy and quick registrations. After registration, it took only a day in the verification process and from the very next day, I fund my primefin account and started trading.
Primefin offers quick withdrawals. Technical support is always there to help if you face any sort of issue while withdrawing money. And if you talk about platform, primefin is quite okay with that. But they have to work on their tradable assets. I think they can improve this side by including more assets for traders.
Sometimes I feel what a company shows in its advertisements is not transparent as tehy mobile app could be much better. It does not function at its best I think.
Primefin does not offer tight spreads as much as other brokers at the level primefin. Apart from spreads, I have nothing to complain about. I never face problems related to fund transfers or any kind of transaction. The customizable feature in the MetaTrader 4 is an interesting feature. They offer outstanding customer support.
They are providing enough leverage to beat other brokers. But still its not enough.
I am just impressed with primefin but it can be much better by adding more cryptos and other assets. While the overall experience was so good, I think that they can work on their trading platform to work more efficiently.
Sometimes, it takes so much time to connect with customer support service.
A person from Customer service told me that they are offering MetaTrader 5. But that’s not true. You can only access MetaTrader4 and the broker’s personal web trader.
The customer is only available for 24/5.
I initially invested a total of $105,000 over a period of 5 weeks. My bonus/profit was $830,000, every attempt to make withdrawal failed and I was instructed to make another deposit of $25,000 before I can make withdrawals which I did. Up till now, I’m still unable to make withdrawals and all attempt to contact broker has failed. This is very pathetic and I felt so bad losing my investment. I did a due diligence test before investing with them but guess what I ended up getting burned. This is to create awareness, not everybody can be as lucky as I was. I’m saying this because I was able to recover my funds. Thanks to a recovery specialist, she’s a private investigator and wealth recovery expert…Contact her on Hack-assets via google mail for more inquiries. email; ([email protected]), Thought someone might find this information useful.
I just like their payout strategy as the withdrawal amount comes on time with no commission policy. Zero commission policy is such a pleasant bonus. Trading with primefin turned out to be a valuable experience for me. Highly recommended.
After hearing so much about primefin, I can finally say that primefin is a legitimate broker. At first, I was just confused because of different opinions but after having a great start with this broker. I am really satisfied.
You have full control over your bids and can access to markets. Primefin is a great platform. Worth recommending.
I am impressed with the quality of the services that primefin is providing. Fast execution is in play with depositing and withdrawal funds. I am just stunned by their client support.
Primefin offers quick withdrawals. Technical support is always there to help if you face any sort of issue while withdrawing money. And if you talk about platform, primefin is quite okay with that. But they have to work on their tradable assets. I think they can improve this side by including more assets for traders.
Sometimes I feel what a company shows in its advertisements is not transparent as tehy mobile app could be much better. It does not function at its best I think.
Primefin does not offer tight spreads as much as other brokers at the level primefin. Apart from spreads, I have nothing to complain about. I never face problems related to fund transfers or any kind of transaction. The customizable feature in the MetaTrader 4 is an interesting feature. They offer outstanding customer support.
They are providing enough leverage to beat other brokers. But still its not enough.
I am just impressed with primefin but it can be much better by adding more cryptos and other assets. While the overall experience was so good, I think that they can work on their trading platform to work more efficiently.
Sometimes, it takes so much time to connect with customer support service.
A person from Customer service told me that they are offering MetaTrader 5. But that’s not true. You can only access MetaTrader4 and the broker’s personal web trader.
The customer is only available for 24/5.