Established in 1996 in Labuan, Malaysia, PrimeFin is a retail trading broker that provides traders with competitive trading conditions — multiple account types, spreads from 0.03 pips, leverage of up to 1:100, and more — to give them an edge in the global financial markets. Their clients get to trade various financial assets, such as forex, stocks, indices, commodities, metals, cryptocurrencies, and CFDs, using the MT4 trading platform, which is available in desktop, web, and mobile versions. The minimum deposit required to start trading is $250.
PrimeFin Review Introduction
In this PrimeFin review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including PrimeFin.
PrimeFin Platforms & Tools
All trading activities at PrimeFin are executed using the popular MT4 trading platform. The platform was developed in 2005 by a Russian software company. The MT4 trading platform is designed to give you a seamless trading experience with great helpful trading tools and advanced features. Some of the essential features of the MT4 trading platform include charting tools, market indicators, scripts, expert advisors, advanced risk management tools, real-time market execution, and more.
The MT4 trading platform is available as a desktop application for Windows and Mac computers and a mobile app for Android and iOS devices. In addition, the web version can run directly on most modern web browsers — Chrome, Safari, Firefox, and Edge — without needing to install any additional software.
There is an economic calendar on the broker’s website to provide traders with a forecast of scheduled future market events and their expected impacts on the global financial markets.
PrimeFin Research & Education
PrimeFin provides traders with various learning resources to improve their trading skills and knowledge. Some of these educational resources include trading guides, learning articles, VOD, Ebooks, tutorials, courses, report season, webinars, FAQs, and daily news that keeps traders up-to-date with the latest happenings in the financial markets.
PrimeFin Trading Accounts
The following trading account types are available at PrimeFIn: Silver, Gold, Platinum, and Demo accounts. The minimum deposit required to start trading is $250. The demo account is designed basically for practice purposes.
PrimeFin Account Funding
All account deposit and withdrawal requests at PrimeFin are processed using any of the following payment methods: bank transfers, credit/debit cards, and some electronic payment gateways.
PrimeFin Customer Service
Traders can send their general, technical, and account-related inquiries to a competent client support team that is prompt in response. The support team can be reached through telephone, email, social media, online form, and Live Chat.
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.
PrimeFin Review Summary
Operating from Malaysia, PrimeFin is an online financial services provider that allows traders to buy and sell over 350 financial markets via the MT4 trading platform. They provide traders with some helpful trading tools, learning materials, and a customer support team. Their clients also benefit from various favorable trading conditions, such as multiple account types, different payment methods, leverage of up to 1:100, tight spreads, zero commissions, no hidden fees, fast trade execution, and more. The minimum deposit required to start trading is $250.
It is worth mentioning that some of the trading products and services in this PrimeFin review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the PrimeFin broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. As a result, many retail investor accounts lose money when trading CFDs with this provider. It would help if you considered whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.