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/10
The WikiFX Score of this broker is reduced because of too many complaints!

PrimeX Capital

Mauritius | 2-5 years |
Regulated in Mauritius | Retail Forex License | MT5 Full License | Global Business | High potential risk | Offshore Regulated

https://primexcapital.com/en

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

PrimeXCapital-Live

United Kingdom
MT5
4

Influence

C

Influence index NO.1

Iraq 3.43
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

4
Server Name
PrimeXCapital-Live MT5
Server Location United Kingdom

Influence

Influence

C

Influence index NO.1

Iraq 3.43
Surpassed 49.20% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

support@primexcapital.com
https://primexcapital.com/en
UAE Rep. Office: Office 1802, Churchill Towers, Business Bay, Dubai, UAE.
https://x.com/PrimeXCapital

Licenses

Licensed Entity:PrimeX Capital LTD

License No. GB23202141

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

WikiFX Risk Alerts
2025-07-28
  • The number of the complaints received by WikiFX have reached 9 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
2

Basic Information

Registered Region
Mauritius
Operating Period
2-5 years
Company Name
PrimeX Capital LTD
Abbreviation
PrimeX Capital
Company employee
--
Customer Service Email Address
support@primexcapital.com
Company address
UAE Rep. Office: Office 1802, Churchill Towers, Business Bay, Dubai, UAE.
Keywords 7
2-5 years
Regulated in Mauritius
Retail Forex License
MT5 Full License
Global Business
High potential risk
Offshore Regulated

FX3060968046

Unverified

Iraq

Cannot withdraw funds.

Exposure

05-02

FX3575067292

Unverified

India

Here they have debited my all profit on the name of dividend adjustment and told me that I have made a trade on dividends adjustment date even I hold the position for two days and the profit made by me in price in spa 35 indic.this very un fair I suggest the action to be taken against them.if any know how to complaint against them tell me

Exposure

2024-11-01

FX2268650498

Unverified

Iraq

I have a zero account with them, but in reality, the spread is strong. Despite taking $8 for a 1 lot trade, they deducted approximately $4600 in commission from me during my trades. It's unfair, I swear.

Exposure

2024-08-20

Lyer li

Unverified

Pakistan

Market tools provide valuable insights to enhance my trading decisions, but the wait times can be frustrating.

Neutral

2024-08-01

esraa3922

Unverified

Egypt

More fraud or any problems that occur during the news or trading, I will be compensated. When the trading started, they told me that trading during the news time is only affected by a difference of 5 points in the customers’ footsteps. They deceive customers about the advantages of the company, but when they subscribe, they deny what they say. Prime It was mentioned by the support that it is all a lie and that they have nothing to do with Forex. And when you enter the video, it appears that the deal is closed seconds before the news. That was before the platform interacted with Arid by more than 90 points, and this is what caused my loss. They also claim that my loss was due to the breakout, as the cursing of the liquidity provider increased, so it is impossible to compensate. I can provide you with a video showing what happened to the company. Ahmed Al-Araji told me, “How long is the money?”

Exposure

2024-03-22

FX4212888028

Unverified

Iraq

Please be careful, unable to withdraw now.

Exposure

2024-01-22

Avondale McAllister

Unverified

Netherlands

Just wanted to share my experience with PrimeX Broker. The absence of deposit and withdrawal fees is a big win for traders. It's nice not having to worry about those extra charges. However, be aware of the inactivity fee – $50 a month if you don't trade for 3 months straight. Something to keep in mind, but overall, a positive experience.

Neutral

2023-12-06

FX1527844142

Unverified

New Zealand

Hey, just sharing my experience with PrimeX Broker. Started off with the Standard ECN account. The variable spreads are okay, starting from 1.5 pips. It's cool that there's no commission on this one. Market conditions play a role, but so far, so good. Might explore other accounts later.

Neutral

2023-12-05

FX3976589283

Unverified

Iraq

Primex claims to be an ECN broker, but it is clear that it manipulates the candles with proof.

Exposure

2023-11-24

AlGUBORI

Unverified

Iraq

Fraudsters, the problem was not solved. They just contacted me and asked me to withdraw the report that was previously submitted. And in return, they will investigate and try to solve the problem, and so far no amount has been returned..

Exposure

2023-11-03

AlGUBORI

Unverified

Iraq

PrimeX is a fraudulent and deceitful company. Their customer service deceives clients with the company's supposed advantages, but when you subscribe, they deny what they promised, as it happened to me. They told me that trading during news time wouldn't be affected, and the spread would only increase by a maximum of 5 points. They also claimed that any issues during news or trading would be compensated. However, when I started trading, the spread increased by more than 90 points, causing me significant losses. They then falsely attributed my losses to the spread. Interestingly, during a video, it was evident that the trades were closed seconds before the news announcement, even before the platform could react to the news. This clearly showed that all the support team's claims were lies, and they have no connection to forex whatsoever. When I contacted the company's manager, Ahmed Al-Araji, he told me, 'The funds are not enough to cover the loss because we lost with the liquidity provider, so it's impossible to provide any compensation.' I can provide you with a video showing what happened.

Exposure

2023-07-21

Hus

Unverified

Russia

They closed my account because i bought Usd through zain cash from one of there traders who are responsible for deposit money for clients

Exposure

2023-07-12

Ai 汐汐

Unverified

New Zealand

Great Platform. Amazing transaction Speed. Excellent online customer response. No unnecessary charges. Very flexible and easy. Good maintenance. Active social media Presence. I’m very pleased with them.

Positive

2023-03-07

Alrubaie ‎7634

Unverified

Iraq

They said, Enter $200 in a copying program, and one of the experts trades for you, and there is a team that follows him. I told them that if he lost, they said to compensate you. I was happy with their words, and within less than 24 hours, when I transferred the money in the wallet, he entered many losing deals. When I called them, they said, “This is the expert’s strategy. Leave it to him.” When I came back, I found my account from 200 dollars, it became 1.74

Exposure

2023-02-09

14
Account
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Website
Company Summary
Disclosure
News
Wiki Q&A
Comment
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Full License MT5
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Meta Trader 5
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Website

primexcapital.com
108.138.246.2
primexbroker.com
192.124.249.180

Company Summary

Company Summary

Company profile

Executive Summary

PrimeX Capital LTD stands as a regulated financial services provider, offering comprehensive trading solutions across multiple asset classes. Operating under the oversight of the FSC Mauritius (License: GB23202141), the broker provides a secure and transparent framework for its global clientele, supported by a substantial paid-up capital of over $330 million.

With access to over 330 tradeable instruments including Forex, indices, commodities, and the largest crypto collection. The firm's significant market presence is highlighted by its robust network of over 5,000 Introducing Brokers and a vibrant community of more than 250,000 actively trading clients, who collectively generate a daily trading volume exceeding $7 million.

At PrimeX Capital, we offer a risk-free demo account alongside three tiered live accounts, with an affordable minimum deposit starting at just $10 and tight spreads from 0.1 pips. Traders can execute their trades using the renowned MetaTrader 5 platform or our own PrimeX App, designed for seamless trading.

We also provide essential trading tools, including economic calendars and technical analysis, to enhance your trading efficiency. Our educational resources, such as webinars and blogs, are available to help you build the knowledge and skills needed for successful trading.

In addition, we support social trading, allowing investors to engage within our community, share experiences, and learn from the success of others.

Corporate Structure & Regulatory Framework

Legal Entity: PrimeX Capital LTD

Registration Jurisdiction: Republic of Mauritius (Registration #203687 GBC)

Market Entry: Operational since 2021

Regulator Link: https://opr.fscmauritius.org/ords/opr/r/fsc-opr/fsc-online-public-register-opr

Regulatory Oversight: Financial Services Commission (FSC) Mauritius

License Classification: Investment Dealer License #GB23202141

Corporate Headquarters:

The Cyberati Lounge, Ground Floor, The Catalyst

Silicon Avenue, 40 Cybercity, 72201 Ebène

Republic of Mauritius

Trading Platforms & Market Access

Primary Platform: MetaTrader 5 (MT5) Multi-Device Ecosystem

Desktop applications (Windows/Mac)

Web-based trading terminal

Mobile applications (iOS/Android/Huawei)

Secondary Platform: PrimeX Mobile App

Android: https://play.google.com/store/apps/details?id=com.primex.primexmobileapp

Apple: https://apps.apple.com/ae/app/primex-online-trading/id6741466188

Market Types (Available Instruments): Access to over 330 trading instruments across several markets, including:

Forex

metals

Indices

Commodities

Stocks

Cryptocurrencies

Trading Account Types

Standard Account

Description: A cost-effective account favored for its swap-free features and no hidden fees, making it an excellent choice for most traders.

Minimum Deposit: $10

Spread: Starts from 0.8 pips

Commissions: $0

Leverage: Up to 1:400

Swap-Free: Available (on most instruments)

Narrow Account

Description: Specifically built for scalpers and short-term traders, offering very low spreads to optimize profits from small market movements.

Minimum Deposit: $1,000

Spread: Starts from 0.6 pips

Commissions: $0

Leverage: Up to 1:500

Swap-Free: Available (on most instruments)

Raw Account

Description: Designed for professional traders, providing direct access to raw, institutional-grade spreads for the most transparent trading experience.

Minimum Deposit: $5,000

Spread: Starts from 0.1 pips

Commissions: $6 per lot

Leverage: Up to 1:200

Swap-Free: Available (on most instruments)

Introducing Broker (IB) Program

Provide a competitive commission of up to $23 per lot. Beyond direct cash earnings, every lot traded also contributes to a comprehensive loyalty program where cumulative volume unlocks significant rewards, including luxury travel, high-end cars, and an apartment in Dubai as the ultimate prize.

Value-Added Services

50% Deposit Bonus

Social Trading ( Copy Trading )

Swap-free Islamic account

Leverage up to 1:500

PrimeX Mobile App

Technical Analysis (Daily - Monthly)

Market News

Educational Webinars

Integrated Economic Calendar

24/7 Multi-language Support

Awards

Recent industry acknowledgments demonstrate PrimeX Capital's growing market presence and service quality recognition:

2025 Awards:

Best Innovative Broker - Oman Smart Vision Summit

2024 Awards:

Best Forex Broker in South Africa - Traders Fair & Award 2024

Best Global Broker 2024 - Forex Expo Dubai

Top 100 Trusted Financial Institutions - MEFM Awards Dubai

Best Retail FX Broker - PROFX Awards Dubai 2024

2023 Awards:

Best ECN Broker - Money Expo Mumbai

Best Copy Program (UAE) - World Business Outlook

BEST Forex ECN Broker - FOREX EXPO DUBAI

Most Reliable Forex Broker (Middle East) - Global Business & Finance Magazine

Most Trusted ECN Broker (UAE) - International Business Magazine

Best Copy Trading Forex Broker (Africa) - EGYPT EXPO

Top 100 Trusted Brokerages - MEFM Awards Dubai

Keywords

  • 2-5 years
  • Regulated in Mauritius
  • Retail Forex License
  • MT5 Full License
  • Global Business
  • High potential risk
  • Offshore Regulated

Wiki Q&A

Serious74
Within 1 year

What payment methods does PrimeX Capital support?

WikiFX Reply
PrimeX Capital offers a variety of funding options to cater to different clients. It supports popular cryptocurrencies like Tether, Bitcoin, and Ethereum, as well as USDC. Additionally, it provides a local deposit option for clients from Iraq. This wide range of methods makes it convenient for traders to fund their accounts in a way that suits them best.
Broker Issues
PrimeX Capital
Deposit
Withdrawal
07-03
United States
Sergey5
Within 1 year

What trading platform does PrimeX Capital offer?

WikiFX Reply
PrimeX Capital offers the MT5 trading platform available on the web, Windows, and mobile. The broker also supports the PrimeX App to trade.
Broker Issues
PrimeX Capital
Instruments
Platform
Account
Leverage
07-01
United States
MarceloD
Within 1 year

What are the pros and cons of PrimeX Capital?

WikiFX Reply
PrimeX Capital was registered in Mauritius in 2017 and offers a demo account with a minimum deposit of $10, spreads as low as 0.1 pips, the well-known MT5 trading platform, and live chat support. However, it is currently in an exceeded state and only supports cryptocurrency payments.
Broker Issues
PrimeX Capital
Regulation
06-27
United States
TradeTimeAllWasted
Within 1 year

Are PrimeX Capital's spreads high or low?

WikiFX Reply
PrimeX Capital's spreads are as low as 0.1 pips, and opening a Raw account allows you to experience tight spreads.
Broker Issues
PrimeX Capital
Fees and Spreads
06-27
United States
View More

User Reviews 14

All (14) Positive (1) Neutral (3) Exposure (10)
esraa3922
1-2 years
Exposure
More fraud or any problems that occur during the news or trading, I will be compensated. When the trading started, they told me that trading during the news time is only affected by a difference of 5 points in the customers’ footsteps. They deceive customers about the advantages of the company, but when they subscribe, they deny what they say. Prime It was mentioned by the support that it is all a lie and that they have nothing to do with Forex. And when you enter the video, it appears that the deal is closed seconds before the news. That was before the platform interacted with Arid by more than 90 points, and this is what caused my loss. They also claim that my loss was due to the breakout, as the cursing of the liquidity provider increased, so it is impossible to compensate. I can provide you with a video showing what happened to the company. Ahmed Al-Araji told me, “How long is the money?”
2024-03-22

Egypt

Replied
Reply from official PrimeX Capital
Dear Client, Thank you for your feedback. As explained on our website, PrimeX Capital is an ECN broker, which means we offer variable (non-fixed) spreads based on market conditions. We apologize for what occurred in your trading account. However, it's important to understand that no broker can control market behavior during major news events. During such times, the following conditions may occur: Spreads may widen significantly Slippage can affect pending orders Stop Loss levels may be triggered due to spread fluctuations These conditions are normal during high-impact news releases and are beyond any broker's control. We appreciate your understanding and are always here to support you. Best regards, PrimeX Capital
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United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
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