PrizmFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 22:47

Abstract：PrizmFX, a trading name of PrizmFX Limited, is allegedly a broker based in the UK that provides its clients with the industry-standard MetaTrader5 trading platform, flexible leverage up to 1:200, variable spreads from 2 pips on over 60 tradable assets, as well as a choice of four different account types.

PrizmFX Review Summary
Founded	2018
Registered Country/Region	United Kingdom
Regulation	Unregulated
Market Instruments	Forex, CFDs, Indices, Precious Metals
Demo Account	❌
Leverage	Up to 1:200
Spread	From 2 pips (Starter & Prime), 2.2 pips (Pro), 2.1 pips (Expert)
Trading Platform	MT5 Web Trader, MT5 Windows, MT5 Android, MT5 iOS
Min Deposit	$10
Customer Support	- Registered Address: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom
	- Office Address: Office no: 102, 1st Floor, D-Mall, Pitampura, Delhi, 110034, India
	- Email: support@dihcapitalmarkets.com

PrizmFX Information

　　Established in 2018, PrizmFX is an unregulated broker providing access to precious metals, indices, CFDs, and forex. Starting with two pip, the platform offers trading flexibility using the advanced MetaTrader 5 system without commissions and spreads.

Pros and Cons

Pros	Cons
Access to MT5 platform across devices	Unregulated
No deposit or withdrawal fees	No demo account available
Low spreads on Starter and Prime	Higher minimum deposits for Pro and Expert

Is PrizmFX Legit?

　　PrizmFX isn't a regulated broker. It does not have any legitimate licenses from reputable financial authorities including the FCA (Financial Conduct Authority), ASIC (Australian Securities and Investments Commission), or other significant regulating body.

　　Originally registered on June 27, 2018, the domain prizmfx.com expires June 27, 2025. Last update of the domain was on July 30, 2024.

What Can I Trade on PrizmFX?

　　PrizmFX gives traders access to many financial instruments spread over several worldwide markets. This covers precious metals including gold, silver, and oil as well as 60+ currency pairs, CFDs, 15+ indices.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Indices	✔
Precious Metals	✔

Account Types

　　Four live trading accounts made for various levels of traders are available from PrizmFX. It makes no clear reference to Islamic or a demonstration account choices.，

Feature	Starter Account	Pro Account	Expert Account	Prime Account
Minimum Deposit	$0	$1,000	$5,000	$10,000
Spreads	From 2 pips	From 2.2 pips	From 2.1 pips	From 2 pips
Leverage	Up to 1:200	Up to 1:150	Up to 1:100	Up to 1:100
Commission	Zero	Zero	Zero	Zero
Execution	Market Execution	Market Execution	Market Execution	Market Execution
Suitable For	Beginners seeking flexibility	Professional traders aiming for low spreads	Traders preferring fixed spreads	Experienced traders needing broader market access
Min Order Volume	0.01	0.01	0.01	0.01
EA Allowed	✔	✔	✔	✔

Leverage

　　Starting accounts at PrizmFX can use 1:200. Leverage enables traders hold bigger positions with less cash, therefore amplifying wins and losses. Although higher leverage brings benefits, it also raises risk since even little changes in the market can result in significant losses.

PrizmFX Fees

　　Spreads: Pro and Expert accounts have somewhat greater spreads (2.2 and 2.1 pips, respectively), whereas Starter and Prime accounts have spreads starting at 2 pips.

　　Commissions: There are no commissions associated with trades on PrizmFX.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
MT5 Web Trader	✔	Web Browser	Traders preferring browser-based trading
MT5 Windows	✔	Windows Desktop	Professional traders needing advanced tools
MT5 Android	✔	Android Devices	Mobile traders needing flexibility on-the-go
MT5 iOS	✔	iOS Devices	Apple users seeking mobile trading solutions

Deposit and Withdrawal

　　PrizmFX charges no deposit or withdrawal fee. The minimum required deposit is $10.

Method	Min. Deposit	Min. Withdrawal	Fees	Processing Time
Bank Transfer	$10	$10	None	1-3 Business Days
Credit/Debit Cards	$10	$10	None	Instant
Bitcoin (BTC)	$10	$10	None	Up to 1 Hour
Ethereum (ETH)	$10	$10	None	Up to 1 Hour
Tether (USDT)	$10	$10	None	Up to 30 Minutes