BP PRIME Review
BP PRIME in a nutshell
BP Prime is a regulated FCA broker with a guarded risk score, indicating a reasonable level of safety. However, its high minimum deposit and leverage restrictions may not suit all traders. The broker's reliance on CFD products and limited account options suggest it is tailored for a niche audience of experienced retail and professional traders.
FXCanary rates BP PRIME at 26/100 scam risk (Moderate risk), based on regulation & licensing, fund-safety signals, company transparency, complaint history and real user feedback.
See the open scoring breakdown →
Pros
- Experienced retail traders with at least $5,000 capital
- Professional clients seeking higher leverage under FCA regulation
- Traders preferring MT4/MT5 platforms with direct market execution
Cons
- Beginner traders with limited capital
- Traders seeking Islamic accounts (no mention of swap-free)
- Investors looking for a wide range of non-CFD products like stocks or ETFs
Regulation & licenses
Every licence on file for BP PRIME, as cross-checked by FXCanary against public regulatory registries.
| Regulator | Type | Licence no. | Status | Country |
|---|---|---|---|---|
| FCA | Forex Execution License (STP) | 688456 | Regulated | United Kingdom |
Account types & conditions
Account tiers and trading conditions on record for BP PRIME.
| Account | Min. deposit | Max. leverage | Min. spread | Commission |
|---|---|---|---|---|
| Standard | $5,000 | 1:30 | -- | No |
BP PRIME is a forex and CFD broker based in United Kingdom, with records dating to 2017-09-07. It reports oversight from FCA.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
On Trustpilot, BP PRIME holds a real-user score of 3.2/5 across 1 reviews. Withdrawal problems appear 8 times — always test a small withdrawal first.
Finally, beware of impersonation: we tracked 1 clone website(s) copying BP PRIME. Always reach the broker through its verified official domain, never via links in ads or messages.
What real traders report
Aggregated from 1 independent reviews across Trustpilot and Forex Peace Army.
- Scam concerns · 1 mentions
- Withdrawals · 5 mentions
- Platform & app · 5 mentions
- Scam concerns · 5 mentions
- Deposits & funding · 2 mentions
- Spreads & fees · 1 mentions
Scam-risk findings
- Authorised by Tier-1 regulator(s): FCA
- 5 user exposure/complaint reports filed
- Withdrawal complaints in ~114% of recent reviews
Our scoring method is published in full and weighs regulation, fund safety, company age, clone reports, complaints and independent reviews. FXCanary takes no payment from any broker it rates.