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PrimeX Broker-Some Important Details about This Broker

WikiFX | 2026-04-20 22:31

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

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
LeverageBrokerCurrency PairForex tradingForex marginForex Brokerforex pips

Related broker

Not Regulated
PRIMEX
Company name:PrimeX Capital LTD
Score
2.23
Website:https://primexcapital.com/en
2-5 years | Questionable Regulatory License | MT5 Full License | Self-developed
Score
2.23

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