Brokers  /  PRIME FX CFD

PRIME FX CFD

High riskForex / CFD broker
🇱🇨 Saint Lucia · 2-5 years · since 2023-12-12 · Prime FX CFD Ltd.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.38/10
Trustpilot/5
Forex Peace Army/5
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PRIME FX CFD operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
55
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Saint Lucia (offshore, light oversight)
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal namePrime FX CFD Ltd.
Headquarters🇱🇨 Saint Lucia
Founded2023-12-12
Years operating2-5 years
Employees0
Official websiteprimefxcfd.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
1st Floor, The Sotheby Building, Rodney Village, Rodney Bay, St Lucia

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Prime FX CFD is an unregulated broker registered in Saint Lucia, launched in late 2023. Its elevated risk score of 55/100 reflects the absence of any regulatory oversight, limited public information, and the inherent risks of trading with a new, offshore entity. The broker's website lacks key details on spreads, leverage, and trading conditions, which are critical for informed decision-making. Traders should exercise extreme caution and consider the potential inability to recover funds in case of disputes.

Best for
  • Traders comfortable with high-risk, unregulated brokers
  • Those seeking a new broker with a simple product range
  • Traders interested in cryptocurrency funding
Not for
  • Risk-averse traders requiring regulation and investor protection
  • Traders needing transparent spreads, leverage, and platform details
  • Anyone seeking a broker with a proven track record
Period:

Real user reviews

Where PRIME FX CFD operates

Active across 5 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇧🇷 Brazil
🇲🇾 Malaysia
🇺🇸 United States
🇮🇳 India
🇨🇦 Canada

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What PRIME FX CFD says about itself as stated by the broker · not independently verified by FXCanary

About Prime FX CFD

According to its website, Prime FX CFD is a new name in the trading industry backed by a seasoned, experienced team. The broker states that its software, systems, and liquidity services have been developed by an executive team composed of top industry leaders with years of success running trading companies on a global scale.

The broker positions itself as a market leader in next-generation trading software, systems, and liquidity services. It claims to offer global online trading with competitive spreads and a wide range of products.

Products and Instruments

Prime FX CFD states that it offers stock CFDs on popular stocks like Amazon, Apple, and Facebook, allowing traders to take both long and short positions. It also offers forex CFDs on over 100 currency pairs with competitive spreads, along with indices, shares, and commodities CFDs.

The broker's product page lists these asset classes and highlights that CFD trading on stocks gives opportunities for potential gains from price movements in either direction.

Account Opening Process

The broker's website outlines a four-step process: select an application form, complete and submit it securely via DocuSign, receive instructions for uploading additional documents, and upon approval, deposit funds to start trading.

The broker provides account types – individual and corporate – and uses Docusign for secure application submission. It also offers a digital currency deposit and withdrawal form, suggesting acceptance of cryptocurrency funding.

Introducing Broker Program

Prime FX CFD claims to offer a market-leading IB commission rate for introducing brokers in the CFD markets. It states that it provides a variety of partnership programs depending on portfolio size, inviting interested parties to contact them for further details.

The broker's Partners page highlights its IB program, indicating a focus on attracting brokers to refer clients.

About PRIME FX CFD

Who Is Prime FX CFD?

Prime FX CFD is a retail forex and CFD broker that was established on December 12, 2023, and is registered in Saint Lucia. Its registered address is 1st Floor, The Sotheby Building, Rodney Village, Rodney Bay, St Lucia. The broker operates under the domain primefxcfd.com and provides an online trading platform for individual traders.

The broker is relatively new to the industry, with a presence limited to its own website and trading platform. It does not hold any regulatory licenses, which is a significant factor for traders to consider. The broker's risk score from independent assessments is elevated, reflecting its unregulated status and limited track record.

Trading Instruments

Prime FX CFD offers trading in contracts for difference (CFDs) across multiple asset classes, including forex, stocks, indices, commodities, and cryptocurrencies. According to its website, the broker provides over 100 forex pairs, as well as stock CFDs on major names like Amazon, Apple, and Facebook.

The broker's product range allows traders to speculate on price movements without owning the underlying assets. It promotes the ability to go long or short, which is standard for CFD trading.

Account Types and Platforms

The broker's website indicates that it offers individual and corporate account types. The account opening process is conducted via Docusign, and traders must submit documentation for verification. Funding is available through digital currency deposits and withdrawals, as suggested by the forms available on the site.

The trading platform appears to be a web-based system accessed through trading.primefxcfd.com. It requires login credentials and supports two-factor authentication. Further details about platform features, spreads, or leverage are not publicly available on the website without logging in.

Client Support and Resources

Prime FX CFD provides a basic website with pages for products, account opening, forms, and partner information. It includes a contact form and a file upload section for submitting documents. The website states business hours as 09:00–17:00, open today, suggesting support during those hours.

The broker also offers an Introducing Broker program, targeting other brokers to refer clients. The website content is sparse, and there is no information about regulatory compliance, investor protection, or company registration beyond the address provided.

Overview compiled by FXCanary from regulatory records and public data. full PRIME FX CFD review