PrimeFin Review 2021: A Legit Forex Broker
Traders are always searching for a safe and secured broker because, in your trading journey, brokers play the most crucial role. Here we will discuss the PrimeFin broker, which offers its trading services with speedy trade execution services. For further detailed information, read the article below carefully.
What is PrimeFin?
Cap Solutions Ltd. is offering its trading service under the domain name PrimeFin.com. The broker provides more than 350 instruments for trading such as forex, cryptocurrency, indices, stocks, and metals. In addition, the broker offers access to 10,000 markets to their clients. The broker makes its name in the market because of its excellent services such as multi-device trading apps, quick withdrawal, cross-functional platform, quick trade execution speed, fast withdrawal and high-level data security. The broker is regulated and authorized by the Labuan Finance Service Authority (LFSA) under the license number MB/20/0052. The provider offers three different types of accounts like Silver account, Gold account, and Platinum account.
On PrimeFin brokerage online portal offering trading services commission-free to their clients, which enhances your profit margin. Here investors will get maximum leverage of 1:100 and negligible spreads. PrimeFin’s dedicated customer support team is always ready to resolve their clients’ curies 24/7. The broker uses Firewalls and SSL software to provide high level security to their clients’ data and finds. The provider offers quick and smooth withdrawal and deposit services. The broker does not charge any additional fee for withdrawal from their clients.
Features and Options
The broker offers three types of accounts that consist of several features to satisfy the requirements of professionals and beginners. The accounts are divided into three categories: Silver account, Gold account, and Platinum account. Traders can pick any account from three based on available leverage and swap discount. As a result, traders can enjoy negligible spreads on the PimeFin Portal.
Silver Account
Traders who are new to the finance market and have fewer experiences of trading can go with a silver account. These account holders will get access to 350+ tradable assets. The minimum deposit of this account is $250. Here traders will get maximum leverage of 1:100 for forex whereas minimum leverage of 1:2 for cryptocurrency. The broker offers a spread that begins from 0.07 pips.
Silver account holders enjoy commission free deposit and withdrawal processes that take place smoothly. Dedicated customer support and education centre access is also available on this account which helps you in enhancing your trading knowledge. Available base currencies are EUR/USD, NZD/USD, USD/JPY, AUD/USD, GBP/USD, USD/CHF, USD/CAD, EUR/GBP
Gold Account
Investors who are looking for more features than a silver account can register for a gold account. This account covers all the features of a silver account as well as it may also have other new features such as customized investment news, Hedging, Free VPS, Fifth decimal, and many other features. In addition, traders who register with a gold account will get a dedicated account manager. And a swap discount of 25%. Available base currencies are EUR/USD, NZD/USD, USD/JPY, AUD/USD, GBP/USD, USD/CHF, USD/CAD, EUR/GBP.
The spread of the gold account will begin from 20 points which is negligible for experienced traders. Investors will get forex leverage of 1:100. Traders need to submit a minimum deposit of $250 for Gold account registration. Enjoy zero commission trading services on the PrimeFin brokerage online website.
Platinum Account
Platinum Account is designed to fulfill the requirements of professional and experienced traders. The minimum deposit of a platinum account is $100, and the spread begins from 0.03. In addition, platinum accounts holders will get a 50% swap discount. This account consists of all the features of the Gold account as well as silver accounts like News alert, Free VPS, personal manager, Webinars & Videos, Trading signals, Hedging, and many more.
Platinum account holders will also access the education center, which consists of trading videos, trending finance articles etc. All these materials help traders in enhancing their knowledge and improving their skills. Available base currencies are EUR/USD, NZD/USD, USD/JPY, AUD/USD, GBP/USD, USD/CHF, USD/CAD, EUR/GBP.
Note: All account holders will get access to the demo account. By demo account, traders can improve their trading skills and strategies. Professional traders also use this feature for testing their new trading strategies. A demo account consists of a similar environment as live trading, which helps you become friendly with live trading trends and price fluctuation.
Tradable Assets
PrimeFin offers more than 350 tradable assets such as stock, forex, cryptocurrency, indices, and precious metals. And provide one-click access to the 10,000 markets. All these assets consist of good flexibility and profit-earning opportunities. Check complete details about assets from here.
Forex Trading
The Forex, Fx or Foreign Exchange market is becoming an attraction these days with a $6 trillion daily turnover. The broker allows access to CFDs on 40+ major currency pairs such as USD/JPY, GBP/ USD, EUR/USD, etc.
Stock trading
Stocks indicate the business that runs publicly and is currently available for purchase in the form of shares. Traders can trade top shares of different companies are” IBM, Tesla, Amazon, Apple, and various others.
Indices Trading
Indices should be considered as economic markets of particular inch, industry, and nations. The broker provides you access to significant worldwide popular indices like DAX 20, S&P 500, and NASDAQ 100.
Commodity Trading
The PrimeFin broker offers soft commodities, precious metals, and energies to their clients such as wheat, sugar, coffee, iron oil, and various other commodities. Commodities are the safest investment zone for new traders.
Metals trading
A Metal market is the best for long term investment. The broker provides CFDs on Gold, silver, platinum, and several other precious metals to their clients.
Cryptocurrency trading
The crypto market is the rapidly growing market of the financial world. Traders who are interested in digital currency trading can register on PrimeFin brokerage online portal to get CFDs on major cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and many others.
Trading Platform
The broker provides one of the most popular trading platforms, MetaTrader 4, to their clients, consisting of many inbuilt features like one-click open and close position and price dynamics. It allows you to set your personal stop loss and take profit limits. MT 4 trading platform provides you high execution speed, multiple trade execution modes, analytical toolkit and history of your orders.
Traders can use multiple chart window features of the MT 4 platform for comparing multiple assets. On this platform, you can also check the real-balance level and one-click account switch. Traders can access this platform through PC, Laptop, Mac, and mobile devices. MT 4 platform supports both iOS and Android devices. Investors can run this MT 4 platform on any browser. You may not require to download any other application to run MetaTrader 4 platform.
Is PrimeFin Safe?
PrimeFin is a regulated broker that offers trading services over 350 assets. The broker is authorized and regulated by the Labuan Financial Service Authority (LFSA) under the license number MB/20/0052. Cap solution Ltd operates the broker. The company is registered with the registration number LL16622. The broker’s dedicated customer support services are always available for your help. PrimeFin support term is always there for your help from Monday to Friday from 07:00 to 17:00 GMT. In addition, traders can contact them through live chats, emails, and phone calls.
The company’s headquarter is situated at Almack House 26-28 King Street, London, England (UK). The broker is a member of the Investors Compensation Funds (ICF). The broker keeps the trader’s fund in the segregated bank account for maintaining high-level security. The broker follows the rules and regulations of MiFID of the EU (Security Commission). The broker provides commission-free deposits and withdrawals to their clients. Investors can deposit funds in their account through Debit/Credit card, MasterCard, Vpay, etc.
Key Takeaways
In this PrimeFin Review, The best part about the broker is it may not charge withdrawal and deposit fees and offer commission-free services to its clients. Here traders can enjoy trading services over 350 CFDs such as stocks, forex, indices, commodities, precious metals and cryptocurrency. Moreover, the broker consists of educational centres with various financial articles, earning report season, Trade ideas, Economic Calendar, and trading courses. Here Assets hub feature is also available to directly purchase and sell assets after opening an account.
The PrimeFin account opening process is very smooth and quick. Those who do not feel comfortable with English can register in their native language. The broker website supports four different languages. The registration process is divided into five simple steps: account, information, questionnaire, document, and deposit. The broker offers 24/7 access to the platform. Traders can contact them via live chat, email, and phone calls. Pick any one account as per your need and enjoy trading on this online platform. Its mobile application helps you to access the market from anywhere at any time.
Conclusion:
As per all know, selecting the correct broker is a very important part of trading. On PrimeFin online brokerage platform, you can experience safe and secure trading on 350+ CFDs, and the broker offers you access to 10,000 markets. The broker provides you maximum leverage of 1:100 and a negligible spread to their clients. Traders can pick anyone from three account options like Silver account, Gold, Account and platinum account. The broker offers its trading services commission-free, and there are no hidden charges on this website. Collect complete details about the broker from this page before starting trading.
Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
