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PrimeTrade FX: anyone knows something about them?

Discussion in 'Has anyone heard of?' started by OkTrader, Feb 4, 2014.

  1. OkTrader

    OkTrader Recruit

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    Hi everyone,

    I'm new to FPA. I wanted to share with you this broker. I haven't tested it yet. I like it because it offers cTrader with one of the lowest comissions I've ever seen for cTrader (2$/100k per side).

    Is there anybody with experience in that broker?
    Anyone knows some useful information?

    Here is the link: primetradefx.com
    Thanks
     
  2. Pharaoh

    Pharaoh Colonel

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    I think I'd want to check out those claims of being tied to a Swiss company with FINMA.
     
  3. myconcept

    myconcept Recruit

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    Hi Sergeant!

    I am planning on opening an account with primetradefx.com and wanted to know your views about this broker.

    Thanks,
    Sagar
     
  4. Pharaoh

    Pharaoh Colonel

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    Start by contacting FINMA. If they are really registered with FINMA, that's a good thing and you can continue checking to see if they are a good fit for you. If they aren't, but claim to be, then take your money and flee in the opposite direction.
     
  5. myconcept

    myconcept Recruit

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    Hi Pharaoh!

    I contacted FINMA and found out that primetradefx is not registered with them or with FX Finvest Switzerland as they claim on their website.

    Have attached the email that i received from FINMA & VQF which is a SRO ( self regulatory organisation)

    Thanks,
    Sagar FINMA Response.JPG
     
  6. Pharaoh

    Pharaoh Colonel

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    That's enough for me to suggest looking elsewhere.
     

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