What is ISPrimeFX.com?
ISPrimeFX.com is an online trading broker that offers its clients a wide range of financial instruments and platforms to choose from. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) and offers a variety of account types to suit the needs of different traders.
ISPrimeFX.com is a reliable and trusted broker that provides its clients with a safe and secure trading environment. The company’s customer support team is available 24/7 to assist traders with any queries or issues they may have.
Regulations
In this section, we’ll take a closer look at the regulatory environment surrounding ISPrimeFX.com. First and foremost, it’s important to note that ISPrimeFX.com is not a regulated broker. This means that there is no government oversight or protection for traders when things go wrong. That being said, this also means that there are no restrictions on what types of products and services can be offered by the broker.
Next, let’s take a look at the trading platforms and instruments offered by ISPrimeFX.com. The broker offers two main platforms: MetaTrader 4 (MT4) and cTrader. Both platforms offer a wide range of currency pairs, CFDs, and other financial instruments for trading. Pros: both platforms are user-friendly and offer a variety of features and tools for traders. Cons: because the broker is not regulated, it may be more risky to trade with them than with a regulated broker.
Finally, let’s discuss the pros and cons of trading with ISPrimeFX.com. Pros: the broker offers competitive spreads and leverage ratios, as well as a wide range of tradable assets. Cons: as we mentioned before, the broker is not regulated which could make it more risky to trade with them. Additionally, their customer service department has been known to be unresponsive at times.
Trading Platforms and Instruments
ISPrimeFX.com provides access to the global financial markets for retail and institutional clients through the innovative online trading platform, PrimeTrader.
The web-based PrimeTrader platform is available in several languages and offers a wide range of features and tools including real-time quotes, advanced charting, market news, economic calendar and more. ISPrimeFX.com also provides mobile trading applications for iOS and Android devices.
In addition to forex, ISPrimeFX.com clients can trade CFDs on indices, metals, energies and cryptos. The broker offers competitive spreads starting from 0 pips on major currency pairs and low commissions starting from $3 per lot traded.
ISPrimeFX.com is a regulated broker by the Financial Services Authority (FSA) of Saint Vincent & the Grenadines and offers negative balance protection to all clients.
Pros and Cons
ISPrimeFX.com is a forex broker that is based in the Marshall Islands and operated by IS Prime Limited. The company is registered with the IBC number 69533 and offers its clients the ability to trade on the MetaTrader 4, MetaTrader 5, and cTrader platforms. Isprimeforex.com provides access to the interbank market through its ECN/STP technology.
The main advantages of trading with Isprimeforex.com are:
– Segregated client accounts
– Negative balance protection
– Fast order execution
– Tight spreads from 0 pips
– Leverage up to 1:500
– Multilingual customer support 24/5
A few disadvantages of trading with Isprimeforex.com are:
– No US clients accepted
– Only supports MT4 and cTrader platforms (no web or mobile trading platforms)
Conclusion
Overall, we found ISPrimeFX.com to be a reliable and trustworthy broker. They are well regulated by CySEC, offer a good selection of trading platforms and instruments, and have generally low spreads. The only downside is that they don’t currently offer any bonuses or promotions.