Prime-Coin Review
Multi-asset broker Prime-Coin Group is a relatively new broker yet a competent broker. It has boldly and quickly become one of the top providers of CFD trading worldwide. Updates to the excellent selection of more than 1,000 trading instruments have contributed to the increase in the number of devoted clients globally. Prime-Coin gives traders access to a wide variety of instruments, including thousands of CFDs on currencies, stocks, commodities, cryptocurrencies, and indices, as well as competitive spreads. Read this Prime-Coin review to learn more about it.
Regulations and Licensing
Prime-Coin has the authorization to work with clients from many countries. This contains endorsements from various financial services authorities. Multi-assets brokers like Prime-Coin ensure that customers’ funds are not mixed with the company’s funds, protecting them in the unlikely case of the broker’s bankruptcy.
The regulators of Prime-Coin firmly obligate their licensed brokers to adhere to high capital requirements as well as risk assessment, education, accounting, and audit standards.
Trading Platforms
In terms of the trading platform, Prime-Coin gives users a variety of solutions for gaining access to the financial markets. Prime-Coin provides traders with access to its customized mobile app in addition to the industry-standard platforms, allowing them to create accounts, make deposits and withdrawals, complete KYC verification, and trade while on the go.
The following features of the Prime-Coin Mobile App demonstrate good performance and enable effective position management:
The selection covers both Metatrader 4, the most widely used trading platform, and MetaTrader 5, its most recent iteration. Additionally, you have free access to add-ons and programs from third parties. Clients of Prime-Coin have the option to integrate Trading Central and Autochartist services.
Additionally, the business is the only one to offer the “Trade Companion” feature, which provides traders with a thorough analysis of their trading performance and history.
Available Assets
The remarkable product offering from Prime-Coin includes more than 1000 products in the areas of forex, equities, commodity markets, indices, cryptos, and ETFs. Contrary to some of its rivals, Prime-Coin offers 20+ trading pairs and supports all of the cryptos and altcoins with margins that are incredibly competitive.
Overall, the product classes and instruments on the market give customers comprehensive cross-asset diversification through a well-balanced combination.
Currency pairs, including major, minor, and exotic
Commodities, including crude oil and rare metals.
Cryptocurrencies, including LTC, ETH, BCH, and Bitcoin
Account Types
Prime-Coin keeps things mostly straightforward; the broker provides 3 basic account types: First, Second, and Third. You can create a demo account right away by logging in. Each type of account offers unique options for trade sizes, spreads, commissions, asset offerings, and leverage ratios.
Customers who use the Prime-Coin First account can trade with narrow spreads and no commission. A commission fee per million transacted is used in the Second account, which is dependent on raw spreads. It offers interbank quotes with 0 pips spread for traders aiming to lower their trading expenses.
Customers that conduct a lot of trading are qualified for premium features through the Third Account at Prime-Coin. The variety includes exclusive access to a trade advisor, an in-house analytics tool developed by Prime-Coin, $0 fees on index instruments, a private account manager, unrestricted access to trading notifications, and more.
Customer Service
From Monday through Friday, Prime-Coin offers multilingual customer service, 24 hours a day. The customer portal, FAQ page, and live chat of Prime-Coin make up the majority of their customer support services. Prime-Coin guarantees quick access to live chats, email, and a toll-free landline in case assistance is required.
Verdict
Prime-Coin offers an ideal fit for all sorts of traders with its vast training materials, product selection that covers a wide range of asset classes, a wealth of training materials and market knowledge, and a focus on client service. Although the spreads aren’t the lowest, they are quite competitive, and there are no hefty fees.
