The PrimeFin broker is the digital sponsor of the Argentine Football national team. The brokerage firm also started its operations recently in India also. It is planning to touch the expectations of one of the biggest markets in the world by providing favorable trading conditions in Forex trading.
The forex market is one of the rapidly developing and highly demanding markets of the modern era. Cap Solutions Ltd. offers its trading services through PrimeFin. It is one of the best forex brokers in the world. Its core concept is to provide speedy trading to clients.
The forex broker climbed the market position quickly through its remarkable services such as a cross-functional platform, multi-device trading apps, Instant execution, quick withdrawal, top-class data security, and others. In addition, the broker is regulated and authorized by the Labuan Financial Service Authority (LFSA).
The financial service provider is absolutely legit broker that offers its trading service over more than 350 assets. We found a lot of positive reviews about it on Trustpilot.com.
PrimeFin is a brand name of Caps Solutions Ltd. The brokerage is authorized and regulated by the Labuan Financial Services Authority (LFSA) with the license number MB/20/0052. The registration number of the company is LL16622. It is one of the safest forex brokers in the world.
The owner company, Cap Solution UK Ltd, is situated at Almack House 26-28 King Street, London, England (UK) and plays the payment processor for the brokerage company. The holding firm is registered with license number 12734767.
The forex broker is a member of the Investors Compensation Funds (ICF). PrimeFin operates as per the rules and regulations of securities commissions such as MiFID of the EU and keeps clients’ money in segregated bank accounts for security purposes. In addition, the broker provides a high level of security to their clients through firewall & SSL software. So, the financial services provide a legit broker for trading.
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The three different types of retail investor accounts are available on PrimeFin, including Silver, Gold, and Platinum accounts. All these trading accounts consist of various features for satisfying the requirements of different clients for the execution in the huge trading market.
In addition, a demo account option with similar features and environment as a live trading account is also offered by this forex broker. Overview of all trading accounts:-
A demo account is the best source for practicing before moving on to live trade. It is usable for both beginners and professional traders. The broker provides a similar environment as a live trading account on the free demo trading account, which helps new forex traders to become friendly with live trading trends. In addition, every trader can test the latest strategies on a demo account. In this account, the forex broker provides you with some virtual money for the execution of trades.
Traders can open an account on the PrimeFin via five simple steps: Account, Information, Questionnaire, Document, Deposit. The “Open Account” option is available on the right side of the broker’s website. Traders can also switch to the account opening page through the link available under the accounts details page. The first thing traders need to do is select the account with which they want to start trading.
Then, follow the step-by-step instructions for opening an account on the broker platform.
PrimeFin offers trading opportunities in multiple asset classes including Forex currency pairs, stocks, indices, cryptocurrencies, commodities, and precious metals.
The forex broker offers commission-free services to its clients. PrimeFin provides competitive spreads which vary for each instrument. Spreads depend upon three main factors: account types, assets you are trading, and economic conditions.
The minimum spread in points for the Silver Account is 30, and the maximum spread is 600. The maximum spread in points for the Gold account is 550, and the minimum spread is 25 points. Platinum account minimum spread in points is 20, and the maximum spread is 500 points.
The broker offers maximum leverage of 1:100 and minimum leverage of 1:2 for all three accounts. PrimeFin offers high leverage to their forex traders in forex trading market but must keep this in mind because of high leverage, and many traders will lose money rapidly. Check here instruments view leverage for all three accounts. If you trade Forex, you can take ample benefits through leverage.
The minimum deposit is $250 for opening an account on the broker website. The brokers do not charge any withdrawal and deposition fees from clients.
There are so many other payment modes available at brokers’ websites for withdrawal. As per the broker’s rules and regulations, the withdrawal request is processed within three business days.
Mode of payment available on PrimeFin website.
PrimeFin mainly offers two types of trading platforms: Web Trader and MetaTrader 4 (MT4). Let’s get into their details.
MetaTrader4 (MT4) is one of the most popular trading platforms. It is famous for its in-built features, high execution speed, different trade execution modes, analytical toolkit, and order history.
Traders can access this advanced trading platform through mobile, laptop, and PC. MetaTrader 4 trading platform supports both Android & iOS for exceptional trading services.
Traders can open this trading platform on any browser. It is the best suitable trading platform for forex trading and for other financial instruments also.
Key features of the MT4 trading platform are:
Traders can access worldwide markets from any device or browser without downloading any other application using Web Trader with PrimeFin. In addition, this Forex trading platform provides one-click trading options, advanced trading tools, different trade execution modes, an analytical toolkit, and a record of history.
Some essential features of WebTrader are:
PrimeFin has its own mobile application through which you can enjoy non-stop trading, Customized notifications on specific assets, high execution speed, and price change and speculation.
Key features of Mobile App are:
The PrimeFin website consists of multiple finance-related education materials such as trading articles, assets hub, trade ideas, etc. With the help of all these educational materials, traders can improve their trading skills and strategy planning styles. Education material is helpful for both experienced and new traders.
Experienced traders can update their knowledge regarding new market trends through these materials, whereas new traders can learn strategies and market behavior via these materials. You can get knowledge about trading forex and more.
PrimeFin provides various trading tools to analyze and test their trading strategies to create a more practical trade. Economic Calendars and Reports Season Calendar are two excellent tools offered by the broker.
Economic Calendars are used for tracking challenging financial events.
PrimeFin’s dedicated customer support team is available 24/5 from 07:00 to 17:00 GMT for traders’ help. Clients can also contact them through the “request form” available on the “Contact Us” page. There are three modes of constant modes provided by brokers such as email, phone call, and Live chat support. If you want to talk with the broker’s management terms, you can contact them via the “Contact Management” option on the website’s homepage or under the contact us page.
The basis on this unbiased and in-depth PrimeFin Review, it is no surprise to say that the broker offers outstanding and best-in-class trading services.
The features such as commission-free trading, tight spreads, advanced trading platforms, and offering an extensive range of financial instruments are some of the plus points of trading with this broker.
yes the broker offers advanced MT4 trading platform.
The broker is highly regulated and authorised by LFSA. It offers exceptional trading services and conditions
You can start your trading with minimum deposit of $250
The broker offers three type of trading account.
Traders can contact the PrimeFin support team through a phone call, live chat or email. Contact form is also available on the broker’s website. Their headquarter is situated in London, UK. Check here the contact details of PrimeFin brokerage.
Traders can transfer funds in the broker’s account through various payment methods. Some of the payment methods available on the broker website are:
Investors can get a demo trading account through the broker’s website. The broker provides virtual money in a demo account for practising trading. Professional and new traders can use a demo account to test their trading skills and strategies.