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Primedeltas Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-01-13 14:17

Abstract:Primedeltas was established as an online forex broker less than 2 years ago in United Kingdom. It doesnt have any regulations for now. as a result, please be aware of the possible risk of trading with such a broker.

Registered in UK
Regulated by No effective regulation at this time
Year(s) of establishment 1-2 years
Trading instruments Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks
Minimum Initial Deposit 250 euros
Maximum Leverage 1:200
Minimum spread 0.0 pips onwards
Trading platform Primedeltas webtrader
Deposit and withdrawal method Bank wire transfer, VISA, Mastercard
Customer Service Email/phone number/address
Fraud Complaints Exposure No for now

  General information and regulations of Primedeltas

  Primedeltas was established as an online forex broker less than 2 years ago in United Kingdom. It doesnt have any regulations for now. as a result, please be aware of the possible risk of trading with such a broker.

  In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

  At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

General information

  Market instruments

  Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks.....Primedeltas allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Primedeltas.

market instruments

  Spreads and commissions for trading with Primedeltas

  The spreads of different accounts start from 0.0 or 0.3 pips, and the commission for standard and premium accounts are 3.5 euros per lot. More specific information of spreads is not revealed.

  Account Types for Primedeltas

  Demo Account: Primedeltas provides a demo account that allows you to try out the financial markets without the risk of losing money.

  Live Account: Primedeltas offers a total of 3 account types: basic, standard and premium. the minimum deposit to open an account is 250, 2,500 and 25,000 euros respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a regular account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

account types

  Trading platforms offered by Primedeltas

  The Primedeltas trading platform is a browser-based platform, so there is no need to download software to trade.

trading platform

  Leverage offered by Primedeltas

  Although some brokers offer leverage up to 1:500 or even 1:1000, the leverage of 1:200 offered by Primedeltas is sufficient for the average trader. This is because the more leverage you have, the more risk you take with your money. Even professional traders, let alone novices, should not be tempted to use leverage as large as 1:500.

  Deposit and withdrawal methods and fees

  As for deposits and withdrawals, the company lists only a few payment options, but does not cover the most important parts, such as additional fees, minimum amounts, time required for procedures, etc.

deposit and withdrawal

  Educational resources

  The educational resources on Primedeltas is not very abundant, only some news and basic knowledge are available.

  Customer support of Primedeltas

  Below are the details about the customer service.

  Language(s): English, Spanish, Arabic

  Service Hours: 24/5 via email

  Email: support@prime-deltas.com

  Phone Number: +442920958778

  Address: 10 Botwell Lane, Hayes, Middlesex, UB3 2AAU B 3 2 A A, UNITED KINGDOM

customer support

  Users exposures on WikiFX

  We have not received any reports of fraudulent activity at this time.

  Advantages and disadvantages of Primedeltas

  Advantages:

  Many instruments available

  Demo account

  Disadvantages:

  No effective regulation

  Few information available

  No MT4/MT5

  No copy trading

  Frequent asked questions about Primedeltas

  Is this broker well regulated?

  No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

  How much leverage does this broker offer?

  The maximum leverage for Primedeltas is 1:200. Please note that this leverage may only be available for some accounts and products. Please consult our articles or the dealer's website for specific information.

Related broker

No Regulation
Primedeltas
Company name:Delta Nomines Ltd
Score
1.42
Website:https://primedeltas.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.42

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