Abstract:PRIMEQX is the trading name of Prime Business Finance Ltd, said to be an unregulated foreign exchange broker registered in China.
Note: PRIMEQX's official website:https://primeqx.com/ is currently inaccessible normally.
PRIMEQX Review Summary in 10 Points | |
Company name | PRIMEQX |
Registered country/region | China |
Regulation | Unregulated |
Trading Platforms | Web-based trading platform |
Market Instruments | FX, commodities and indices |
Demo Account | Not Available |
Minimum Deposit | $250 |
Maximum Leverage | 1:100 |
Spread | 0.7 |
Customer Support | Email: https://primeqx.com/ |
PRIMEQX is the trading name of Prime Business Finance Ltd, said to be an unregulated foreign exchange broker registered in China.
Pros | Cons |
Various market instruments | Not regulated |
Website can't be opened now |
You need to note that according to WiKiFX's investigation, PRIMEQX is currently not regulated by any recognized financial authorities.
You can trade dozens of products including FX, commodities and indices.
Tradable Instruments | Supported |
FX | ✔ |
Commodities | ✔ |
Indices | ✔ |
PRIMEQX provides 3 real accounts:Premium, Classic, MINI.
Account Type | Minimum Deposit |
MINI | $250 |
Classic | $5 000 |
Premium | $20000 |
PRIMEQX offers bonuses, and to withdraw the bonus, traders must achieve a turnover of $20,000. The broker also charges a monthly inactivity fee of $36 if the account is inactive for 30 days.
The trading platform provided by PRIMEQX is a web-based trading platform.
Trading Platform | Supported | Available Devices | Suitable for |
web-based trading platform | ✔ | web,Pc | Anyone |
PRIMEQX means credit/debit cards, bank drafts and wire transfers are accepted. The minimum initial deposit requirement is $250 and there is no minimum withdrawal amount. As for the processing time for withdrawal requests, it usually takes 2 days for the broker to process them.
Deposit Options
Deposit Options | Min. Deposit | Fees | Processing Time |
Credit cards | $250 | No mention | No mention |
Debit cards | $250 | No mention | No mention |
Bank drafts | $250 | No mention | No mention |
Wire transfers | $250 | No mention | No mention |
Withdrawal Options
Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
Credit cards | 0 | No mention | 2 days |
Debit cards | 0 | No mention | 2 days |
Bank drafts | 0 | No mention | 2 days |
Wire transfers | 0 | No mention | 2 days |
European leaders are working to repair Ukraine’s damaged relationship with the United States. Britain and France are leading a group of nations to create a plan to end the war with Russia. They hope to gain support from U.S. President Donald Trump, who has been hesitant about continued involvement.
Malaysia’s Employees Provident Fund (EPF) has announced a 6.3 per cent dividend for both its conventional and syariah savings accounts for 2024. This marks the fund’s highest payout since 2017 and the first time both accounts have recorded the same rate. The unexpected increase is expected to encourage more voluntary contributions from members.
Succedo Markets is a relatively new player in the forex and CFD brokerage arena, with approximately 1–2 years of trading experience. Registered in Saint Lucia and operating in the UAE, this broker has quickly made headlines for its unconventional approach and risk profile.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.