PrimeOT.com Forex Broker Review (2020)

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PrimeOT Broker Logo

PrimeOT.com is a brand new offshore Crypto Foreign money & Foreign currency trading Forex Broker, that open in June 2019.

Most traders discover this Forex Broker through a pretend buying and selling software program like Bitcoin Loophole or Tesler App. Earlier than you utilize any algo buying and selling system, learn this.

PrimeOT Broker Review – PrimeOT is a SCAM. Do not trust this broker! 

Throughout our assessment of the Forex Brokers PrimeOT, we see that they’re providing traders their inhouse proprietary buying and selling platform. The buying and selling platform may be very fundamental, a straightforward to make use of for a beginner traders. They don’t have the choice of utilizing MetaTrader5, they usually additionally shouldn’t have a cell buying and selling app.

Belongings accessible for buying and selling consists of; Well-liked Foreign exchange pairs, Crypto Foreign money, Commodities and Shares.

This Forex Broker requires a minimal deposit of 250 Euro. There are 5 account sorts to select from primarily based on the scale of your deposit. The one distinction between the completely different accounts is the leverage charges, which go as excessive as 500:1. Utilizing excessive leverage is one of the simplest ways to rapidly lose your cash. 

We observed throughout our check of their spreads, that BTCUSD had an enormous $250 unfold between the bid and the ask worth. Leverage on Bitcoin was solely 5:1. Examine the big crypto Forex Brokers, see right here.

PrimeOT Trading Platform
PrimeOT Buying and selling Platform

New Algorithm Buying and selling Apps

Every week we get an electronic mail a few new buying and selling software program which is able to make hundreds of {dollars} every week. Most of those programs are confirmed scams, and promoted by Faux Information, learn this text.

You may mess around with among the free buying and selling robots listed right here.

Does PrimeOT Have a License?

No, PrimeOT is just not a licensed or regulated Forex Broker. PrimeOT is owned by Cortofin Ltd, and situated at: Belief Home, 112 Bonadie Avenue, Kingstown, St. Vincent and the Grenadines. Contact telephone quantity is: +442039663647, and their electronic mail handle is [email protected] The Forex Brokers official web site is: https://primeot.com/.

The way in which that the Rip-off Broker Investigator opinions a brand new Crypto or Foreign exchange CFD Forex Broker to determine if they’re a scam or legit Forex Broker, is by checking for a licensed from ASIC. Professional Forex Brokers will all the time have a license from both the FCA in England, FSCA South Africa or BaFIN Germany.

Utilizing a regulated Forex Broker signifies that if there’s a downside, the federal government regulator will make it easier to get your a reimbursement.

When you have a grievance or downside withdrawing your cash, go right here.

PrimeOT Broker Accounts
PrimeOT Broker Account Varieties

 

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