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PrimeX -

Score

1.76 /10
Danger

PrimeX

United Arab Emirates

2-5 years

Questionable Regulatory License

MT5 Full License

Global Business

High Potential Risk

https://primexcapital.com/en

Influence

C

Add brokers

Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index4.60

Business Index6.57

Risk Management Index1.89

Software Index6.55

License Index2.71

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

SC FSA
2023-09-21
Alert: Unauthorized use of website (the “unlawful website”)
PRIMEX

Broker Information

More

Company Name

PrimeX Capital LTD

Company Abbreviation

PrimeX

Platform registered country and region

United Arab Emirates

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2026-08-08
  • This broker lacks valid forex regulation. Please be aware of the risk!

WikiFX Verification

Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

They closed my account

They closed my account because i bought Usd through zain cash from one of there traders who are responsible for deposit money for clients

Hus
2023-07-12 02:00
Others

Profit debited

Here they have debited my all profit on the name of dividend adjustment and told me that I have made a trade on dividends adjustment date even I hold the position for two days and the profit made by me in price in spa 35 indic.this very un fair I suggest the action to be taken against them.if any know how to complaint against them tell me

FX3575067292
2024-11-01 10:46
Scam

Scam

More fraud or any problems that occur during the news or trading, I will be compensated. When the trading started, they told me that trading during the news time is only affected by a difference of 5 points in the customers’ footsteps. They deceive customers about the advantages of the company, but when they subscribe, they deny what they say. Prime It was mentioned by the support that it is all a lie and that they have nothing to do with Forex. And when you enter the video, it appears that the deal is closed seconds before the news. That was before the platform interacted with Arid by more than 90 points, and this is what caused my loss. They also claim that my loss was due to the breakout, as the cursing of the liquidity provider increased, so it is impossible to compensate. I can provide you with a video showing what happened to the company. Ahmed Al-Araji told me, “How long is the money?”

esraa3922
2024-03-22 07:37
PrimeX · Company summary
PrimeX Capital Review Summary
Founded2017
Registered Country/RegionMauritius
RegulationFSC of Mauritius
Market InstrumentsForex, commodities, indices, cryptocurrencies
Demo Account✅
SpreadFloating from 0.8 pips (Standard account)
LeverageUp to 500x
Trading PlatformMetaTrader 5, PrimeX App
Social Trading✅
Minimum Deposit$10
Customer SupportLive chat, contact form
Email: support@primexcapital.com
Address: 4th Floor, Docks 4, Caudan, Port Louis, 11101, Republic of Mauritius
Instagram, YouTube, Twitter, LinkedIn, Telegram, WhatsApp
Restricted CountriesNorth Korea, United States, Canada, Cuba, India, China, Pakistan, Hong Kong SAR China, Thailand, Vietnam, Bangladesh, Philippines, South Korea, Japan, Indonesia, Malaysia, Myanmar (Burma), Nepal, Iran, Russia

PrimeX Capital Information

PrimeX Capital is a Mauritius brokerage company who offers trading services in in forex, commodities, indices, and cryptocurrencies.

It offers a risk-free demo account and three tiered live accounts, with an affordable minimum deposit $10 and tight starting spread from 0.1 pips. To execute trades, you can either choose the renowned MetaTrader 5 platform, or the broker's own PrimeX App.

PrimeX Capital's homepage

Pros and Cons

Pros Cons
Demo accountsPayment mainly through cryptos
Affordable minimum deposit
Tight starting spreads
MT5 platform
Social trading
Live chat support

Is PrimeX Capital Legit?

PrimeX Capital is regulated by the Financial Services Commission (FSC) of Mauritius under Retail Forex License No. GB23202141. The FSC ensures compliance with anti-money laundering regulations, client fund segregation, and capital adequacy requirements.

Is PrimeX Capital Legit?

What Can I Trade on PrimeX Capital?

Trading InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies✔
Stocks❌
Bonds❌
Options❌
ETFs❌

What Can I Trade on PrimeX Capital?

Account Type & Fees

PrimeX Capital offers a demo account simulating real trading, allowing traders to practice their trading strategies without losing real money.

Furthermore, three tiered live accounts are also avialable to suit varying needs for different client groups:

Account TypeMinimum Deposit SpreadCommissionSuitable for
Standard $10From 0.8 pips❌Beginners
Narrow$1,000From 0.6 pips❌Scalpers
Raw$5,000From 0.1 pips$6 per lotProfessional traders
Account comparison

Leverage

While PrimeX Capital offers different maximum leverage for different account types.

Nevertheless, traders should use leverage cautiously and choose the account that best suits their experience levels to avoid huge losses.

Account TypeMaximum Leverage
Standard 1:400
Narrow1:500
Raw1:200

Trading Platform

PrimeX Capital uses the world renowned MetaTrader 5 platform for investors to execute trades, which is well-recognized by its robust functionalities such as advanced charting tools, automated trading and analysis indicators.

You can reach the platform on web, or download app from Windows, mobiles phones.

Trading PlatformSupportedAvailable DevicesSuitable for
MT5✔Web/Windows/Mobile phonesExperienced traders
PrimeX App✔Mobile phones/
MT4❌/Beginners
MT5 platform

Besides, the broker also developed its own PrimeX App,downloadable from both iOS and Android phones, to better adapt to their user habits.

PrimeX App

Deposit and Withdrawal

Per its website, PrimeX Capital supports funding methods including Tether, Bitcoin, Ethereum, USDC and Iraq local depositor.

Here we don't draw the conclusion but still warn you to pay attention, since the broker mainly accepts payments through cryptos, which are typical methods used by fraud brokers.

Payment options
Deposit and Withdrawal

Bonus Program

The PrimeX 50% Deposit Bonus Program offers traders an immediate 50% bonus on deposits starting from $100, up to a maximum of $500 per client. Designed to boost trading capital, the bonus is tradable with validity for one year, but not withdrawable.

Bonus Program

News

NewsMulti-Timeframe Analysis: Complete Guide to Institutional Price Action

Multi-Timeframe Analysis (MTFA) is a systematic Forex trading approach that analyzes price action across multiple chart timeframes to identify institutional order flow before executingtrades. Most ret

WikiFX
2026-08-07 21:07
Multi-Timeframe Analysis: Complete Guide to Institutional Price Action

NewsWTI Crude Tests $74.50 Level Amid EIA Inventory Data and Middle East Developments

Global energy markets are experiencing cautious anticipation amid continued crude oilprice volatility. West Texas Intermediate (WTI) crude prices declined to settle near $74.50per barrel. This drop co

WikiFX
2026-08-07 20:50
WTI Crude Tests $74.50 Level Amid EIA Inventory Data and Middle East Developments

NewsCrude Awakening: How Averted Strikes & OPEC+ Quotas Triggered Oil's 5% Plunge

Tracking oil prices today reveals a massive geopolitical correction. Following news that President Donald Trump halted planned strikes on Iran, Brent crude and WTI benchmarks plummeted app

WikiFX
2026-08-07 20:43
Crude Awakening: How Averted Strikes & OPEC+ Quotas Triggered Oil's 5% Plunge

NewsFour Years of Trust: How PrimeX Capital Transformed Modern Trading and Investment

When PrimeX Capital launched four years ago, the vision was to redefine online trading and investment. Built on transparency, innovation, and empowerment, we created a fair,high-performance environmen

WikiFX
2026-08-05 21:37
Four Years of Trust: How PrimeX Capital Transformed Modern Trading and Investment
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User comment

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Comments

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FX3575067292
more than one year
Here they have debited my all profit on the name of dividend adjustment and told me that I have made a trade on dividends adjustment date even I hold the position for two days and the profit made by me in price in spa 35 indic.this very un fair I suggest the action to be taken against them.if any know how to complaint against them tell me
Here they have debited my all profit on the name of dividend adjustment and told me that I have made a trade on dividends adjustment date even I hold the position for two days and the profit made by me in price in spa 35 indic.this very un fair I suggest the action to be taken against them.if any know how to complaint against them tell me
Translate to English
2024-11-01 10:46
Reply
0
0
Lyer li
more than one year
Market tools provide valuable insights to enhance my trading decisions, but the wait times can be frustrating.
Market tools provide valuable insights to enhance my trading decisions, but the wait times can be frustrating.
Translate to English
2024-08-01 18:36
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0
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3