Abstract:Prime ASSET FX, a financial services provider established in the United Kingdom in 2016, offers forex, cryptocurrencies, indices, stocks, and commodities trading, all through the MetaTrader 4 trading platform. It is worth noting that the platform operates without regulatory oversight.
Note: PRIME ASSET FX's official website: https://www.primeassetfx.com is currently inaccessible normally.
PRIME ASSET FX Review Summary | |
Founded | 2016 |
Registered Country/Region | United Kingdom |
Regulation | Unregulated |
Market Instruments | Forex, cryptos, indices, stocks, energy, commodities |
Demo Account | ❌ |
Leverage | 1:500 |
Spread | From 0.08% |
Trading Platform | MetaTrader 4 |
Min Deposit | £500 |
Customer Support | Email: support@primeassetfx.com |
Physical Address: Wenlock Road 20-22 N1 7GU London Unitied Kingdom |
Prime ASSET FX, a financial services provider established in the United Kingdom in 2016, offers forex, cryptocurrencies, indices, stocks, and commodities trading, all through the MetaTrader 4 trading platform. It is worth noting that the platform operates without regulatory oversight.
Pros | Cons |
Various trading choices | Lack of regulation |
Multiple trading accounts | Unavailable website |
MT4 supported | High minimum deposit |
PRIME ASSET FX is not regulated, which indicates the absence of oversight from established financial regulatory bodies. This poses inherent risks to you when engaging in trading activities with the broker.
PRIME ASSET FX offers a wide range of trading instruments, including forex, cryptocurrencies, indices, stocks, energy, and commodities.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Stocks | ✔ |
Cryptocurrencies | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
PRIME ASSET FX offers three account types to cater to the needs of beginners, experienced traders, and professional traders, with minimum deposits ranging from £500 to £10,000.
Account Type | Min Deposit |
Starter | £500 |
Classic | £5,000 |
Platinum | £10,000 |
PRIME ASSET FX utilizes the MetaTrader 4 (MT4) trading platform, which is widely recognized and highly popular. However, since this broker lacks legal regulation, we speculate that it may not have obtained official and legal permission to use the MT4 platform.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Computer and phone | Beginners |
MT5 | ❌ | / | Experienced traders |
Explore this story where we have highlighted how fake forex brokers use mule accounts to dupe investors.
Attention investors and traders! If you want to invest in the forex market, be careful not to choose these scam brokers. This warning list is issued by the Financial Conduct Authority.
Scam brokers involved in the forex market who act genuine in the beginning but turn out to be frauds in the end. Choosing UbitMarkets could lead you to serious losses. Check out this article to know why we’re saying this.
With countless options available in the currency market, choosing the best forex pairs to trade can feel overwhelming, especially for new traders. However, focusing on a select few can give you a strong advantage. Certain pairs consistently stand out due to their liquidity, predictable behaviour, and the economic influence behind them. Whether you’re fine-tuning a strategy or just starting out, these five forex pairs offer a solid foundation.