PrimeFin Review

With its head office in Labuan, Malaysia, PrimeFin is an online financial services provider that offers forex, stocks, indices, commodities, metals, cryptocurrencies, and CFDs for trading online. They provide traders with the popular MT4 trading platform, which is available in desktop, web, and mobile versions. There are multiple trading account types to choose from with a minimum deposit requirement of $250.

Pros / Cons
  • MT4 trading platforms
  • Multiple account types
  • Over 350 trading products
  • Additional trading tools
  • Minimum $250 deposit
  • Limited account funding options
  • No USA clients

In this detailed PrimeFin review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

PrimeFin Overview

PrimeFin is a regulated financial services provider that is built around the simple and core concept of speed. PrimeFin was designed with the trader in mind, and it offers access to trade over 350 financial instruments. They provide traders with competitive trading conditions, such as multiple account types, spreads from 0.03 pips, leverage of up to 1:100, and more. A client support team is on hand to aid traders.

PrimeFin Regulation

PrimeFin is the trading name of Caps Solutions Ltd, which is authorized and regulated by the Labuan Financial Services Authority (LFSA) under license number MB/20/0052.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

PrimeFin Countries

The broker does not provide services for the residents of certain countries, where the use of such services would be contrary to local laws or regulations.

Some PrimeFin features and products mentioned within this PrimeFin review may not be available to traders from certain countries because of legal restrictions.

PrimeFin Platforms

PrimeFin provides traders with the MetaTrader 4 trading platform, an advanced trading platform designed to suit traders of all levels. It was launched in 2005 by a Russian software company known as MetaQuotes. The platform features one-click executions, stop and limit orders, support for automating trades using expert advisors, multiple technical indicators, 24 graphic objects, and more. The broker makes the MT4 platform available as a desktop application for Windows and Mac computers, a WebTrader that can run directly on Chrome, Safari, Firefox, Edge, and a mobile app that is compatible with smartphones running on Android and iOS.

PrimeFin Trading Platform

PrimeFin Trading Platform

PrimeFin Trading Tools

In addition to the built-in tools of the MT4 trading platform, traders are provided with some useful standalone trading tools to help them get the most out of their trades. These tools include trading signals and an economic calendar that shows the schedule of future market events and their expected impacts on the financial markets.

PrimeFin Economic Calendar

PrimeFin Economic Calendar

PrimeFin Education

The broker’s website contains some learning resources, including trading guides, learning articles, VOD, Ebooks, tutorials, courses, report season, daily news, webinars, and an FAQ section that answers some of the clients’ most common questions.

PrimeFin Instruments

PrimeFin offers over 350 financial assets, including forex, stocks, indices, commodities, metals, cryptocurrencies, and CFDs.

PrimeFin Accounts & Fees

The broker offers a choice of three live trading account types: Silver, Gold, and Platinum accounts. A demo account is also provided for practice purposes.

PrimeFin Account Types

PrimeFin Account Types

As broker fees can vary and change, there may be additional fees that are not listed in this PrimeFin review. It is imperative to ensure that you check and understand all of the latest information before you open a PrimeFin broker account for online trading.

PrimeFin Support

The broker provides traders with a professional customer support team who can be contacted via any of the following contact channels: telephone, email, social media, online form, and Live Chat.

PrimeFin Deposit & Withdrawal

Traders are allowed to deposit and withdraw funds using any of the following payment methods:

  • Bank Transfers
  • Credit/Debit cards
  • Electronic payment processors

The time taken to process transactions may vary depending on the payment method used.

PrimeFin Account Opening

To open an account, click on the “Open Account” button at the broker’s website’s top right corner. Ensure you fill out the account application form correctly, providing all the requested details.

PrimeFin Account Form

PrimeFin Account Form

It is imperative to ensure that you read all of the brokers terms, conditions, and policies when you are going through a broker application. Only proceed if you fully understand and agree to them.

PrimeFin Summary

PrimeFin is an online trading broker that provides traders with competitive trading conditions: various account types, different payment methods, leverage of up to 1:100, tight spreads, zero commissions, no hidden fees, fast trade execution, and more. Over 350 financial instruments are available for trading on the platform provided by the broker. There are various learning materials, trading tools, and a polite client support team to assist traders.

The products offered by the company are complex instruments and involve high risk. Trading on such products may result in the loss of your invested capital. Please ensure that you fully understand the risks involved before entering into any transactions. You should never invest more than what you can afford to lose.

PrimeFin Logo

Min $250 Deposit

PrimeFin is an online broker that provides the MetaTrader 4 platform for trading CFDs on Forex, Stocks, Indices, Commodities & Cryptos.