📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

Primefin Fees and Spreads

Primefin Fees and Spreads

 

 

Overall Rating

4.7/5

Rated #– of 
Recommended FX Brokers

💰Minimum Deposit

USD 250

🌐 Regulators

LFSA

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

45+

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Primefin does not charge a commission fee with spreads from 0.0 pips.

Primefin doesn’t charge any account fees, while deposits and withdrawals are also free of charge. Primefin does not charge an inactivity fee.

Finding a reputable list about Primefin Fees and Spreads local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

Below is an in-depth Fees and Spreads review regarding this regulated Forex Company, which will assist traders and allow traders to invest in their currency.

 

Fees and Spreads

Primefin spreads are competitive and varied depending on the account a trader chooses and what they are trading. The spread list and fee schedule that traders can expect will depend on the type of account that traders choose.

Primefin does not indicate any spreads or commissions on the website and for this reason, traders must confirm all trading fees before registering a trading account.

 

Additional Trading Fees

When trading financial instruments such as forex, traders can often expect that overnight fees or swap fees will be charged when positions are held for longer than a trading day.

Short positions, which are held overnight will be credited with swaps. These are calculated based on the one-month interbank rate. Should long positions be held overnight, traders will be debited with swaps.

Primefin offers traders swap discounts on the following accounts:

  • Gold Account – Up to 25%.
  • Platinum Account – Up to 50%.

Primefin does not make provision for an Islamic Account for Muslim traders who follow the Sharia Law, and thus prohibited from earning or paying interest where the holding of open positions is concerned.

Primefin does not offer spread betting and thus spread betting fees do not apply.

There may, however, be additional trading fees charged by Primefin that are not mentioned in this review, or the mentioned fees may have changed since the time of writing. For this reason, before registering a live trading account, traders must verify all information relating to charges and fees they may incur when trading with Primefin.

 

Overall Rating

4.7/5

Rated #– of 
Recommended FX Brokers

💰Minimum Deposit

USD 250

🌐 Regulators

LFSA

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

45+

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Broker Fees

Primefin does not charge deposit fees or withdrawal fees. When either depositing funds, or withdrawing them, traders can make use of any of the following payment methods:

  • Skrill
  • Neteller
  • SafeCharge
  • MIR Limited
  • Wirecard
  • DECTA
  • SSL
  • Orange pay
  • Payvision
  • Trustly
  • Paysafe
  • VISA
  • Emerchant pay
  • VPay
  • Mastercard
  • Maestro

Even though Primefin does not charge any fees relating to deposits or withdrawals, traders may incur additional fees waived by their financial institution for transactions. These, and any other fees such as conversion fees, and additional broker fees must be verified with the broker.

 

Pros and Cons

✔️ PROS ❌ CONS
Competitive trading conditions offered US clients are not accepted
High leverage ratio offered
Segregation of funds for clients
Well-Regulated
Withdrawal fees not charged
Deposit fees not charged
Variety of payment methods supported
Swap discounts up to 50% offer
No inactivity fees indicated
No conversion fees indicated
Dedicated account manager provided

 

You might also like: Primefin Minimum Deposit

You might also like: Primefin Demo Account

You might also like: Primefin Sign up Bonus

You might also like: Primefin Account types

 

 

FAQ’s

 

How many instruments can I trade with Primefin?

You can trade the following financial instruments:

  • Forex
  • Stocks
  • Cryptocurrencies
  • Commodities
  • Indices
  • Metals

 

Which platforms are supported by Primefin?

MetaTrader 4.

 

Does Primefin offer leverage?

Yes, Primefin offers maximum leverage of 1:500.

 

What spreads can I expect with Primefin?

You can expect competitive varied spreads depending on what account you choose.

 

Does Primefin charge commission?

No, Primefin does not charge commission on trades. Traders must verify this information with the broker as it is not stated on the website.

 

Is Primefin regulated?

Yes, Primefin is regulated by the Labuan Financial Services Authority.

 

Is Primefin a recommended forex trading broker for experts and beginners?

Yes. Primefin caters to both beginners and experts.

 

What is the overall rating out of 10 for Primefin?

5/10.

 

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

IEXS Minimum Deposit

IEXS has a minimum deposit requirement of only $ 200. This minimum deposit amount is equivalent to ZAR 3,533.16 at the current exchange rate between

FXOpen Fees and Spreads

  FXOpen fees, spread, and commissions start from US Dollar 1.5 with spreads from 0.0 pips. FXOpen has a low and incredibly competitive spread when

Best Forex Trading Apps for Android

Forex trading apps make it easy to trade currencies on the go using a mobile device. In today’s globally interdependent economy, knowledge of the foreign