PrimeXQ is an online trading broker with a wealth of experience in the markets, providing traders with competitive trading conditions, multiple account options, educational materials, and state-of-the-art technology. They offer multiple tradable assets, such as forex, futures, commodities, indices, and stocks, for online trading via the sophisticated MetaTrader 4 trading platform and also provide traders with some additional trading tools for seamless trading experience.
PrimeXQ Review Introduction
In this PrimeXQ review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including PrimeXQ.
PrimeXQ Platforms & Tools
PrimeXQ provides traders with MetaTrader 4 Trading Platform, which has an intuitive yet user-friendly interface, thus making it a platform of choice for new traders and seasoned traders. The platform is considered the best trading platform in the world because of its reliability, ease of use, timely access to vital information, and support for various trading strategies. It is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app that is designed specifically for Android and iOS devices and can be downloaded from the respective app stores.
Clients are provided with a range of trading tools to ensure the smooth running of the trading process. These include multiple indicators, algorithmic trading, forex signals, and more.
PrimeXQ Research & Education
The broker provides traders with educational resources that can help to improve their trading knowledge and skills, and they include the Trading Glossary and an FAQ section that provides instant answers to the common questions that traders have.
PrimeXQ Trading Accounts
The following account types are offered to PrimeXQ clients:
- Mini Account: This account type requires an initial minimum deposit of $500, and is designed for beginner traders. It offers access to trade multiple financial instruments on the MT4 platform.
- Classic Account: It is specifically designed for skilled investors and requires a minimum deposit of $5,000 whilst offering access to trade multiple financial instruments on the MT4 platform.
- Premium Account: With an initial deposit requirement of $20,000, the Premium Account offers advanced trading features and available to experienced investors.
PrimeXQ Account Funding
The broker accepts the following payment methods for account funding and withdrawals:
- Bank Transfer
- Credit/Debit Cards — such as Visa, DinersClub
- Online Payment Processors — including Neteller, Skrill, and more.
The transaction limits and processing times are dependent on the payment provider.
PrimeXQ Customer Service
PrimeXQ offers a Customer support team that is available 24/7 and can be reached through telephone, email, and Live Chat.
There is no regulatory information on the broker’s website at the moment. Most experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can.
PrimeXQ Review Summary
Overall, PrimeXQ is an online trading broker that offers multiple financial instruments across different asset classes for online trading via the MetaTrader 4 trading platform. They provide competitive trading conditions, a range of useful trading tools, and some educational materials. There are also multiple account types, as well as a variety of account funding options. However, the broker is not regulated by any financial authority at the moment, which poses a red flag to most potential traders and investors.
It is worth mentioning that some of the trading products and services in this PrimeXQ review may differ or not be available to traders in some countries due to regulations. As broker’s terms can change over time, please verify all information is up to date directly from the PrimeXQ broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.