PrimeFin Review 2021

The leading firm Caps Solutions Ltd operates with the trading name PrimeFin in the financial market. PrimeFin Review 2021 is a well-regulated brokerage firm working under the guidelines of Labuan. Some of the company’s credentials are: 

  • The regulatory agency of PrimeFin: Labuan Financial Services Authority (LFSA) 
  • Registration number: 12734767
  • Official address: Unit B Lot 49, 1st Floor, Block F, Lazenda Warehouse 3 Jalan Ranca Labuan Malaysia

PrimeFin is specially designed around the core and simple idea that highly focuses on trading assets’ speed. It helps investors in the best possible way to keep pace with the dynamic and price shift of the market.

It provides various benefits such as large control over the bids, instant trading over 10,000 markets, fast and simple registration and real-time data of the market.  

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The broker has an efficient team working round the clock to deliver the best services along with the fast market movement information. 

Trading features:

  • Instant trade execution
  • Fast deposit and withdrawals
  • Cross-functional platform
  • Trading apps supported on multiple devices
  • Around 350 tradable assets
  • Instant access to 10,000 market 
  • Excellent customer support team 
  • Exceptional Trading Conditions
  • Minimum Deposit 250$

Exciting and affordable trading range:

  • Zero commission on trading 
  • Minimum pip: 0.03
  • Maximum leverage for starting a trade: 1:100

Is PrimeFin Scam or Safe?

PrimeFin broker is a trading name of Caps Solutions UK Ltd, which operates from Malaysia with the registration no LL16622. The broker is highly regulated and authorised by the Labuan Financial Services Authority (LFSA) under license number  12734767.

Moreover, the broker follows all the rules and regulations of the financial bodies like the EU, MiFID, and Investors Compensation Fund (ICF). It also uses an advanced data encryption system to prevent all the data of its valuable customers.

Overall, PrimeFin is considered the best and safest online trading platform for traders.

How many Trading Accounts Types Does PrimeFin Offer?

The next point in the PrimeFin review of 2021 is the types of accounts. The broker provides three customised accounts for your most unique trading style. It believes that the trading should be as fast as the blink of an eye and highly responsive to the global market shifts.

The forex traders can benefit from core account types like gold account, silver account and platinum account. Each of these accounts corresponds to your trading expertise, skills, ambitions and strategies.

The Broker also offers a demo account for novice traders to start their forex trading journey, and to understands the dynamics and try different trading strategies. 

Gold account

Features of the Gold account 

  • Leverage for trading: 1:100
  • Discount on swaps up to twenty-five per cent 
  • Protects you from the trade risk (Hedging)
  • Account manager for solving trading related issues
  • Fifth decimal
  • Latest investment news
  • Base currencies available with the broker: AUD/USD, EUR/GBP, USD/CAD, USD/CHF/ NZD/USD, EUR/USD, USD/JPY, GBP/USD and some more. 

Platinum account

  • Leverage for trading: 1:100
  • Discount on swaps up to twenty-five per cent 
  • Protects you from the trade risk (Hedging)
  • Account manager for solving trading related issues
  • Fifth decimal
  • Latest investment news
  • Base currencies available with the broker: AUD/USD, EUR/GBP, USD/CAD, USD/CHF/ NZD/USD, EUR/USD, USD/JPY, GBP/USD and some more. 

Silver account 

  • Leverage for trading: 1:100
  • Protects you from the trade risk (Hedging)
  • Account manager for solving trading related issues
  • Latest investment news
  • Base currencies available with the broker: AUD/USD, EUR/GBP, USD/CAD, USD/CHF/ NZD/USD, EUR/USD, USD/JPY, GBP/USD and some more. 

What kind of Trading platform does PrimeFin offer?

PrimeFin has made trading simple for you by offering digital trading platforms that are compatible with mobile and web browsers. You can access your trading account anytime from any place and can pursue trading with just one single click.

The two basic options for trading with PrimeFin are the advanced Web Trader and MetaTrader 4 Mobile app. 

Key highlights of PrimeFin trading platform 

  • Dedicated customer support team with a live chat option 
  • Free availability of educational material 
  • Real-time account balance check
  • For comparing different assets, you can access multiple chart windows. 
  • Switch account in just one single click
  • Integrated platform support
  • Notification for price alerts
  • Automatic profit functions and stop-loss function 

Web Trader 

Below are some features of Web Trader 

  • Various execution modes: Customize your trading by selecting among some top variants, including four pending, two stop orders, four pending, and trailing stop functional and instant execution.
  • Trading on one single click: You can open or close your trading position with just one single click on your trading page. 
  • List of your past orders: You can instantly check all your bids and trades. Additionally, you can analyse the market shift, monitor your activity, and keep full track of your order and market success. 
  • Analytical toolkit: You can get instant access to Japanese candlestick charts, Fibonacci retracement and several more without paying a single penny. 

Mobile app 

Below are some features of the Mobile app

  • Trading on one single click: You can open or close your trading position with just one single click on your trading page. 
  • Nine different timeframes:  Nine different time frames allows you to grab a wide range of your bids. These include M30, M15, M5, M1, H4, H1, MN, W1, and D1. 
  • More than 60 tools for analysis: You can get instant access to Japanese candlestick charts, Fibonacci retracement and several more without paying a single penny. 
  • Instant notifications:  This feature brings out the latest price shifts, market movement or any events happening around the financial market. 

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  • In which Markets and Products we can Trade with PrimeFin? 

    The broker allows you to trade on a wide variety of assets from international markets such as currency trading, Stock trading, cryptocurrency trading, commodity trading, indices trading through CFD trading. The broker offers exceptional trading conditions for trading forex and other assets through CFDs.

    • Forex Trading Market: This allows you to trade more than 40 currency pairs ranging from popular GPB/EUR to foreign HKD/JPY. 
    • Crypto Trading: You can trade popular cryptocurrencies through complex financial derivatives on PrimeFin. It includes Ethereum, Bitcoin, Litecoin and several other digital coins. 
    • Commodities Trading: Allows trading on more than 20 commodity assets, including crude oil, sugar, iron ore etc. 
    • Indices: One can trade indices through the complex financial derivative. It also includes some famous indices such as NASDAQ100, DAX30 and DOW30. 
    • Stocks: Trading is available on top stocks such as Tesla, Apple, Boeing, Walt Disney etc. 
    • Metals: It provides trading on three precious metals, including gold, silver and platinum. 

    How to open a Trading Account with PrimeFin? 

    The account opening with PrimeFin requires three simple steps, and traders can start trading:

    • Get yourself register by providing name and phone number
    • Upload the desired documents
    • The last step is funding the minimum deposit into the amount for the chosen trade. 

    What are Commissions and fee charged by PrimeFin?

    The broker charges no commission fee; you just have to deposit the minimum amount of $250. The broker earns through the swaps and Spreads. The spread charges start as low as 0.07 pips.

    How to Deposit and withdrawal the funds with PrimeFin?

    The broker offers various payment options listed below:

    • Skrill
    • Neteller
    • SafeCharge
    • MIR Limited
    • Wirecard
    • DECTA
    • SSL
    • Orangepay
    • Payvision
    • Trustly
    • PaySafe
    • VISA
    • Emerchant pay 
    • VPay
    • Mastercard
    • Maestro

    The broker does not charge any amount on deposit, whereas it charges a penalty fee or conditional fee on withdrawal. It takes 3 to 5 days in the process of withdrawal, and the process for deposit is instant. The broker may also charge a fixed amount of your transactions are less, or you are less active with your trade. 

    What Leverage limit does PrimeFin Offer?

    Maximum leverage on the tradable assets is 1:500. However, it still depends upon several other factors. It includes the time of the trade, asset type, account kind, etc.

    What are the Pros and Cons of PrimeFin? 

    The broker offers all advanced trading tools and features that are required for successful trading in the online financial markets.

    • Cross-platform trading available
    • Offer high leverage
    • High order execution speed 
    • Dedicated customer support
    • Real-time market analysis 24/5
    • Advance platforms available such as Web Trader and Mobile app 
    • Synchronised account
    • Trading platforms compatible with all browsers 
    • Low latency

    Does PrimeFin offer any Research Tools?

    The broker offers a wide range of informative research and analytical tools. The traders can use this for making their trading portfolios on the winning side. The research tools offered by the broker are: 

    1) Economic calendar

    2) Report session calendar 

    How is the Customer Support Service of PrimeFin?

    The broker has a dedicated customer support team operating Monday to Friday between 07:00 and 17:00. The methods through which you can connect with the executives are:

    • Email id: [email protected]
    • Telephone number: +44 1215120156
    • Live Chat Support: To resolve all the queries instantly. 
    • Contact Form: The last option for connecting with the customer support team is filling the contact form. 

    Does PrimeFin provide any Educational Resources?

    It requires a vast knowledge to grab the financial markets’ dynamics, such as setting bids carefully, using the wide range of trading tools properly, deciding the market trends (bear or bull market), interpreting market fundamentals and price movements. The broker is also an educational hub that provides the latest material on financial market fundamentals, tools, trading strategies and analytics. You can select any way from the following list to upgrade your financial knowledge. 

    • VODs
    • Tutorials
    • Articles
    • E-books
    • Courses 

    Conclusion 

    One should upgrade his trading standards with the time to catch the pace of the growing market. The broker can serve you in this direction. PrimeFin is the leading forex broker and service provider in the market compared to other forex brokers in the industry around the world. The review of PrimeFin shows that the broker offers a wide range of trading instruments and advanced trading platform. Most importantly, the firm is legit as authentic financial authorities well regulate it.

    FAQs

    Is PrimeFin Legit?

    No PrimeFin is not a scam broker; it is regulated by the Labuan Financial Service Authority (LFSA) with the registration number 12734767

    Is MT4 available with PrimeFin?

    Yes, broker offers the advanced and most loved trading app MetaTrader 4.

FAQs

2 Responses

  1. Wow!!! I have just been on the phone with one of the customer support team members and could say I was a bit skeptical afterwards, then I immediately checked the reviews and I must say, Im impressed with the review and most definitely satisfied at the same time. I am definitely going with them. Thank you guys

  2. I found this remarkable article can make a great deal in my life.

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