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PrimeGlobalMarket Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-29 19:06

Abstract:PrimeGlobalMarket, registered in the United States. The broker, which says it offers more than 170 tradable assets to traders, also supports the use of MT4. However, the broker is currently in an unregulated state, and the release of key information is incomplete.

AspectInformation
Company NamePrimeGlobalMarket
Registered Country/AreaUnited States
RegulationUnregulated
Minimum Deposit$200.00
Account TypesSilver Account, Long Term Account, Gold Account and Ultimate Account
Trading PlatformsMT4
Tradable AssetsForex, Cryptocurrency, Commodities, Indices, Stocks
Customer SupportPhone, Email, Social Media, Physical Address and Online Chat
Deposit & WithdrawalBTC, ETH, LTC, DOGE and so on

PrimeGlobalMarket Information

  PrimeGlobalMarket, registered in the United States. The broker, which says it offers more than 170 tradable assets to traders, also supports the use of MT4. However, the broker is currently in an unregulated state, and the release of key information is incomplete.

PrimeGlobalMarket Information

Pros and Cons

ProsCons
170+ tradable assetsNo regulation
Supports the use of MT4The account information is incomplete

Is PrimeGlobalMarket Legit?

  PrimeGlobalMarket is currently an unregulated broker and operates outside of laws and regulations.

Is PrimeGlobalMarket Legit?
Is PrimeGlobalMarket Legit?

What Can I Trade on PrimeGlobalMarket?

  PrimeGlobalMarket says it offers more than 170 tradable assets, and through the MT4 trading system, traders can trade forex, cryptocurrency pairs, stocks, indices and commodities.

Tradable InstrumentsSupported
Forex✔
Cryptocurrency✔
Commodities✔
Indices✔
Stocks✔
Bonds❌
ETF❌

Account Types

  PrimeGlobalMarket has four accounts: Silver Account, Long Term Account, Gold Account and Ultimate Account.

  All four accounts support 24/7 customer service, as do the payment options.

  In terms of minimum deposit, there is a big difference between the four types of accounts. Among them, the minimum deposit requirement is $200. The broker's account is more suitable for well-funded traders, and the cost of trying is high for beginners.

Account TypeSilverLong TermGoldUltimate
Minimum Investment$200.00$5,000.00$20,000.00$50,000.00
Maximum Investment$5,000.00$20,000.00$50,000.00$5,000,000.00
Customer Service24/724/724/724/7
Payments AcceptedBTC, ETH, LTC, DOGEBTC, ETH, LTC, DOGEBTC, ETH, LTC, DOGEBTC, ETH, LTC, DOGE
Account Types

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4✔WebBeginner
MT5❌

Deposit and Withdrawal

  PrimeGlobalMarket says it supports all major cryptocurrencies and fiat payment methods such as BTC, ETH, LTC, DOGE.

  In addition, the minimum deposit of this broker is $200. This threshold is not the lowest compared to some brokers in the market.

Deposit and Withdrawal

Customer Service

  PrimeGlobalMarket offers 24/7 customer service. Traders can also be contacted by email or found on social media. The brokerage also published the physical address,traders who prefer offline consultation can go to get help.

Contact OptionsDetails
Emailsupport@primeglobalmarket.com
Online Chat24/7
Social MediaFacebook, Twitter, Instagram, Pinterest
Physical Address599 Lexington Avenue, 20th Floor; New York, NY 10022,USA

The Bottom Line

  Traders can use MT4 to trade more than 170 products. However, without regulation and lack information of trading fees may be problems for investors.

FAQs

  Is PrimeGlobalMarket safe?

  No, PrimeGlobalMarket is not safe. Because it is unregulated, it operates outside the bounds of the law.

  Is PrimeGlobalMarket good for beginners?

  No, PrimeGlobalMarket is not for beginners. Because of the risks associated with unregulated status and higher minimum deposits.

  Is PrimeGlobalMarket good for day trading?

  No, the lack of regulation and higher minimum deposits may make it less suitable for day trading.

Related broker

No Regulation
PrimeGlobalMarket
Company name:PrimeGlobalMarket
Score
1.32
Website:https://primeglobalmarket.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.32

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