PrimeTrade FX: anyone knows something about them?

OkTrader

Recruit
Messages
1
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
 

Pharaoh

Colonel
Messages
19,783
I think I'd want to check out those claims of being tied to a Swiss company with FINMA.
 

Pharaoh

Colonel
Messages
19,783
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.
 

myconcept

Recruit
Messages
2
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.
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,
SagarFINMA Response.JPG
 
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