FXPrimes Review

Is FXPrimes Scam or Legit Broker?

FXPrimes broker is a Non-Regulated Broker. It is NOT SAFE to trade with this company. We have checked the company and there is no authorization or registration of the address, therefore the company seems to be highly suspicious and might operate its services from an absolutely different location.

What is FXPrimes?

FXPrimes is a trading name used by the financial service company, which claims its office location in Hong Office, 9 years of experience in Forex trading service delivery, numerous worldwide awards, and clients from 41 countries. The broker delivers trading on Managed Forex, Crypto trading, and Futures portfolios along with competitive pricing offerings and advanced solutions.

• However, for the financial companies incorporated in Hong Kong, there is an obligation to be registered and regulated by the local authority SFC, which oversees the Forex industry in HK and it is not the case for FXPrimes.
• In addition, there are not many reviews, complaints, or even warnings received in regard to the FXPrimes, yet there is no guaranteed trust in the service provided. One of the revealed issues was with the withdrawal process which is a typical issue, yet not confirmed officially. Nevertheless taking into consideration all the above we recommend avoiding trading with FXPrimes as it potentially involves a significant risk to lose funds.

FXPrimes Review Conclusion

We advise avoiding doubtful offerings and choosing among well-regulated brokers from a reputable jurisdiction, which includes also Financial Hub Hong Kong, which is regulated by Securities and Futures Commission (SFC) firms. All investors and traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and TMGM.

FXPrimes Update

FX Primes website remains inactive and unavailable to reach. This means the broker has muted its trading offering and does not propose account openings.