About FXPrime 365
FXPrime 365 is a well-established provider of forex broker services with a history dating back to 2014. Despite the absence of a website initially, the company commenced operations in 2014. The team at FXPrime 365 boasts extensive experience in Forex trading, backed by compelling statistics. To date, over 50,000 traders from 20 countries have opted to open accounts with FXPrime 365.
Account Options
FXPrime 365 presents clients with a choice of 3 account types. The Demo account serves as an educational tool, enabling traders to practice without risking real funds. This account allows users to acquaint themselves with the MetaTrader 4 platform, develop trading strategies, and engage in practice trades.
The real account comes in three variants: Basic for novices, Gold for seasoned traders, and Platinum for professionals. Upon depositing funds, traders gain access to the MetaTrader 4 platform, facilitating trading with leverage of up to 1:300.
For those seeking a Sharia-compliant option, FXPrime 365 offers an Islamic account that adheres to Islamic finance principles. This account operates without the accrual of interest, with trades automatically closing at 22:00 GMT and reopening a moment later.
Deposits and Withdrawals
Clients of FXPrime 365 can choose from a variety of deposit methods, including cards, payment systems like Yandex Money, QIWI, WebMoney, Neteller, Perfect Money, and bank transfers. Withdrawals of earned funds also utilize these methods, with potential commissions. Once a withdrawal request is submitted through the personal account, it is processed by the support team, with withdrawal times ranging from 3 to 8 days depending on the selected method.
Documentation and Services
Prior to commencing trading activities, traders are required to undergo an “account verification” process with FXPrime 365, submitting identification and residency proof documents.
FXPrime 365 clients benefit from personalized account management, access to additional features like rapid transactions, complimentary consultations with experts, 24/5 support, a 100% profit guarantee, and bonus schemes. Additionally, there are opportunities for clients to become partners of the company.
Contact Details
FXPrime 365 is headquartered in the Marshall Islands, offering support services in multiple languages via email and phone for client assistance.
This review has been prepared by the specialists at ExpertsReview.
I have several concerns regarding the reliability of FXPrime 365 as a broker. First off, there’s very scanty information available about them online, making it hard to corroborate their legitimacy. Additionally, they don’t appear to be regulated by any recognized financial regulation body, which raises red flags about customer protection and security of funds. Their platform also seems to lack transparency, specifically in areas like their fee structure, spreads, and trading conditions. These are critical ingredients for trust in a broker-client relationship. Consequently, I would urge potential clients to tread with caution before deciding to invest their funds with FXPrime 365.