PRESTIGEFM REVIEW Forex Broker Review (2020)


PrestigeFM is an unlicensed Foreign exchange Forex Broker, that’s now owned by BeWiTech OU.

They’re situated at: Harju Maakond, Tallinn, Kesklinna Linnaosa, Roosikrantsi tn 2-Okay006, 10119 Estonia. They are often reached by phone to Switzerland at: +41 44 508 3193, or through Whatsapp at +4917677181647. Contact electronic mail deal with is [email protected], and the official is

For complaints and withdrawal issues, learn this.

PrestigeFM Overview

PrestigeFM offers traders a easy and straightforward Foreign exchange CFD buying and selling platform. We seen throughout our assessment that their spreads on Bitcoin CFD’s was $153 vast, which is about 4%.

Buying and selling margin / leverage they provide is at 5:1 on Crypto Foreign money pairs, and 300:1 on Foreign exchange pairs. Their internet based mostly buying and selling software program may be very fundamental, and straightforward to make use of. You’ll not discover any cell buying and selling apps, or the trade commonplace MT5 platforms. Their web site is on the market in English and German.

The minimal required deposit quantity, for a Primary buying and selling account, is formally $5000.

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In order for you actual buying and selling alerts, then take a look at these techniques.


PrestigeFM Forex Trading Brokers
PrestigeFM Foreign exchange Buying and selling Brokers

Is PrestigeFM a Licensed Broker?

No, PrestigeFM shouldn’t be a licensed Forex Broker. They have been beforehand owned by an organization named Euro Wealth OÜ. On January 24th 2020, the FMA in Austria warned traders that this Forex Broker shouldn’t be licensed, learn this.

When the Rip-off Broker Investigator critiques a Crypto or Foreign exchange Forex Broker to find out if they’re a reliable Forex Broker or a scam Forex Broker we examine one factor. Does the Forex Broker have a license from CySEC, and are they registered in Europe. Buyers in the UK will solely use Forex Brokers which might be licensed and authorised by the FCA.

Buyers ought to all the time confirm that the Forex Broker they’re buying and selling with has a sound license of their native nation.

Best Crypto Brokers

Examine PrestigeFM

PepperStone is a big Foreign exchange & Bitcoin CFD Forex Broker that’s licensed in Australia by ASIC and within the UK by FCA. Check out their number of buying and selling platforms, see right here.

Warning from ASIC Australia

“ASIC urges all traders contemplating investing in Contracts for Distinction, to examine they’re coping with an entity that holds an Australian monetary companies licence.”