PRIMEXPLUSFX

PRIMEXPLUSFX is an online trading platform registered in the United States, with a registered address at 214 E 52nd St, New York, NY 10022. According to the broker’s website, it was founded in 2018, but our records indicate a founding date of 13 October 2025, which introduces a discrepancy. The platform presents itself as a multi-asset broker targeting both retail and institutional clients, offering forex, cryptocurrencies, stocks, ETFs, commodities, and other instruments.

Despite claims of institutional-grade services, PRIMEXPLUSFX currently holds no known regulatory authorisation from any financial authority. The absence of verifiable regulation is a significant factor for traders concerned about fund security and oversight. The broker’s website lists an address in New York, but the lack of registration with the Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA) means it is not permitted to solicit US clients for leveraged forex trading.

PRIMEXPLUSFX offers a web-based trading platform that covers over 200 markets. The forex offering includes 80+ currency pairs with leverage up to 500:1 and spreads from 0.0 pips on majors. For cryptocurrency traders, the broker provides spot and futures trading on over 100 digital assets with up to 100x leverage, as well as staking and NFT marketplace integration. Equities and ETFs are available with commission-free trading and fractional shares on over 5,000 stocks and 1,500 ETFs.

The platform claims ultra-fast execution with sub-10ms order processing and deep liquidity aggregated from multiple sources. It also features advanced order types, an economic calendar, and real-time market news. However, we were unable to verify the specific platform technology (e.g., MetaTrader or proprietary) from the available information.

The broker’s website does not detail specific account tiers, but the forex minimum deposit is stated as $500. Payment methods are not explicitly listed, though the site mentions deposits and withdrawals in its FAQ section. PRIMEXPLUSFX claims segregated client funds and a 200% payout on initial investment, though the terms and conditions of such offers are not publicly available.

The broker also advertises 24/7 support via live chat and email, with phone support available Monday to Friday. The contact form on the website requires users to submit inquiries, and the stated response time is within 24 hours.

PRIMEXPLUSFX claims on its website to be licensed by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). However, upon cross-referencing these claims with the official public registers of the FCA and CySEC, we found no matching entries for the broker’s name or domain. The address provided (214 E 52nd St, New York) does not correspond to any regulated financial firm in the United States.

Given the lack of verifiable regulatory status, PRIMEXPLUSFX operates without oversight from any known financial regulator. This absence of regulation means traders have no recourse through a compensation scheme or ombudsman service in the event of a dispute. The broker’s elevated Scam Risk Score of 57/100 reflects these unresolved regulatory concerns.

PRIMEXPLUSFX markets itself to both retail and professional traders, emphasising institutional-grade tools and high leverage. The availability of crypto staking and NFT features may appeal to cryptocurrency enthusiasts, while the multi-asset offering could attract traders seeking a single platform for various markets.

However, the broker is not suitable for traders who prioritise regulatory protection or who require a proven track record. The discrepancy between the claimed founding year (2018) and our records (2025) raises questions about the broker’s transparency. Traders should exercise caution and consider the risks associated with unregulated entities.