PRIME ASSET FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-14 12:03

Abstract：Prime ASSET FX, a financial services provider established in the United Kingdom in 2016, offers forex, cryptocurrencies, indices, stocks, and commodities trading, all through the MetaTrader 4 trading platform. It is worth noting that the platform operates without regulatory oversight.

　　Note: PRIME ASSET FX's official website: https://www.primeassetfx.com is currently inaccessible normally.

PRIME ASSET FX Review Summary
Founded	2016
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex, cryptos, indices, stocks, energy, commodities
Demo Account	❌
Leverage	1:500
Spread	From 0.08%
Trading Platform	MetaTrader 4
Min Deposit	£500
Customer Support	Email: support@primeassetfx.com
Customer Support	Physical Address: Wenlock Road 20-22 N1 7GU London Unitied Kingdom

　　Prime ASSET FX, a financial services provider established in the United Kingdom in 2016, offers forex, cryptocurrencies, indices, stocks, and commodities trading, all through the MetaTrader 4 trading platform. It is worth noting that the platform operates without regulatory oversight.

Pros and Cons

Pros	Cons
Various trading choices	Lack of regulation
Multiple trading accounts	Unavailable website
MT4 supported	High minimum deposit

Is PRIME ASSET FX Legit?

　　PRIME ASSET FX is not regulated, which indicates the absence of oversight from established financial regulatory bodies. This poses inherent risks to you when engaging in trading activities with the broker.

What can I Trade on PRIME ASSET FX?

　　PRIME ASSET FX offers a wide range of trading instruments, including forex, cryptocurrencies, indices, stocks, energy, and commodities.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Indices	✔
Stocks	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

　　PRIME ASSET FX offers three account types to cater to the needs of beginners, experienced traders, and professional traders, with minimum deposits ranging from £500 to £10,000.

Account Type	Min Deposit
Starter	£500
Classic	£5,000
Platinum	£10,000

Trading Platform

　　PRIME ASSET FX utilizes the MetaTrader 4 (MT4) trading platform, which is widely recognized and highly popular. However, since this broker lacks legal regulation, we speculate that it may not have obtained official and legal permission to use the MT4 platform.