PrimeXQ Broker Review 2020

General Information

Website URL: https://primexq.com/

Regulation: N/A

Languages: English, Arabic

Deposit methods: Debit or Credit Card, Bank Transfers, Neteller, Skrill

Minimum deposit: $500

Demo account: No

Types of assets: Forex, Commodities, Indices, Stocks

PrimeXQ is an unregulated broker that claims to offer numerous things to its clients. That’s why they made three different account types, they have a wide spectrum of currency pairs, six global stock indices and four commodities. Aside from that, each client has the possibility to select leverages from 1:1 up to 1:400, depending on the account. 

Their goal is to be unique and client-oriented, so let’s see if they managed to achieve that.

Trading Platform

PrimeXQ offers three possibilities for trading. MetaTrader4, PrimeXQ Web Trader and PrimeXQ Trade Mobile. MetaTrader4 gives you access to all important information, the latest economic data. It’s compatible with Windows and MAC OS and offers instant execution and 0.01 lot sizes.

PrimeXQ Online Trader can be fully customised according to your preferences. You can choose between different languages and use it on both Windows and MAC OS.

PrimeXQ Trade Mobile, a mobile application that allows you easy access to your profile anytime. The design is easy to use, and it is a perfect option for beginners. No matter the account, you will always have the same options on every platform.

Account Types

PrimeXQ offers three Account Types. You can choose between the Mini Account, Classic Account and Premium Account. Each of them has some positive and negative sides.

If you choose a Mini Account, the minimum deposit is $500. But, on the other hand, you won’t receive some important things like trading signals, phone support or education programs. Instead, you will get what’s necessary for basic trading like MT4, Web Trading Platform, online chat support and access to the breaking Forex news.

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If you choose a Classic Account, there are more possibilities, but you will also have to deposit more. The minimum deposit for this account is $5000 and you get real-time trading signals, educational programs and phone support.

Lastly, there is a Premium Account that requires a minimum deposit of $20,000. With it, you get an account executive team that is available 24 hours, 7 days a week and trade mentor as well.

When it comes to account selection, we must give them a plus. They have everything you need, so each person has an opportunity to choose according to their preferences.

Customer Support

Now, onto the customer support. This is the part where they have a lot of room for improvement. We were a little bit disappointed since they do not provide constant support. But that’s not all. They also don’t have a Live Chat option. If you wish to chat with them, you need to have a Skype account.

So, if you are not in a mood to open a Skype account, there is a possibility to send them an email or give them a phone call. Depending on the country, there are different phone numbers.