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Prince Markets

WikiFX | 2026-04-20 22:42

Abstract:Registered in Seychelles, Prince Markets is a forex broker through their trading platform. It offers live, demo and Islamic accounts. However, their license is empty and their website is not available.

Note: Prince Markets' official website: https://princemarkets.com/# is currently inaccessible normally.

Prince Markets Review Summary
Founded2020
Registered Country/RegionSeychelles
RegulationUnregulated
Market InstrumentsCryptos, forex, indices, shares, commodities
Demo Account✅
LeverageUp to 1:500
Spread/
Trading PlatformProprietary Trading Platform (PTP)
Min Deposit$100
Customer SupportContact form
Phone: +41 (44)26-242115
Email: support@princemarkets.com

Registered in Seychelles, Prince Markets is a forex broker through their trading platform. It offers live, demo and Islamic accounts. However, their license is empty and their website is not available.

Prince Markets' homepage

Pros and Cons

ProsCons
Diverse market instrumentsUnregulated broker
Demo accounts availableNo MT4 or MT5
Multiple account typesNo 24/7 customer service
No deposit fees

Is Prince Markets Legit?

Prince Markets is an offshore, unregulated entity accessible via princemarkets.com. The company claims to possess two licenses. One is supposedly issued by the Financial Services Authority (FSA) of Seychelles, with the number SD037. The other is from the Cyprus Securities and Exchange Commission (CySEC), bearing the number 138/11. At first glance, this might appear legitimate.

However, the FSA license is entirely fabricated, and this particular number is frequently employed by other fraudulent companies. The FSA has even issued a warning on this matter. Furthermore, the Cypriot license actually belongs to a different firm, TopFX. Thus, the scam is unmasked.

What Can I Trade on Prince Markets?

In Prince Markets, you can trade cryptos, forex, indices, shares, and commodities.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies✔
Shares✔
ETFs❌
Bonds❌
Mutual Funds❌

Account Type

Prince Markets offers multiple account types.

Account TypeMinimum DepositExecution TypeSwap FreeStandard LotMargin Call
Silver$100Market ExecutionNo6550% / 30%
Gold$50065
Platinum$5,000100
Palladium$100100
Account comparison

Leverage

Prince Markets offers different leverage ratios for each accounts: 1:500 for the Silver accounts, 1:400 for the Gold accounts, 1:300 for the Platinum accounts and 1:100 for the Palladium accounts.

Prince Markets Fees

In Prince Markets, they claim they do not charge commissions for their accounts.

Trading Platform

The Proprietary Trading Platform (PTP) by Prince Markets is a powerful multi-asset trading terminal that offers more than 200 trading instruments across six asset classes.

Trading Platform

Deposit and Withdrawal

Prince Markets accepts Mastercard, Visa, Skrill, Neteller, Bank Transfer, Fasapay, Nganluong.vn, Dragonpay, ZOTAPAY, and Paytrust88. It does not impose any deposit fees.

Deposit options
BrokerDealer

Related broker

Not Regulated
Prince Markets
Company name:Prince Markets International LTD
Score
1.40
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.40

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