FX Primes managed accounts require at least $25,000 minimum deposit.
Their official website can be found at fx-primez.com, and they claim to have 9 years of experience in the financial marketplace.
FX Primes is operating from Hong Kong but ownership details are not known.
The typical client of FXPrimes is someone who is looking to safeguard their retirement by utilizing the services of a fund manager.
FX primes claims that their professionals are trained in risk management.
There are “3 investment plans” in total. These include Professional (for beginners), Premium (high net-worth individuals) and BTC (for the fortune seeker).
Note: There are far better trading services that one can use to generate return on investment.
Is FX Primes legit?
While the service claims to specialize in building managed Forex, Crypto and Futures portfolios that are profitable to investors, we feel that the website is not transparent enough.
For an asset manager to demand $25k from a client, they need to show proof of solid trading performance.
FXPrimes does not show their returns on investment over time.
This makes it difficult for us to verify their ROI claims.
Also, the service is feigning an experience which they definitely do not have.
We need a managed Forex account provider with real track record of trading.
We need to know who the owners of this website are and what they’ve been doing since they claim to serve Futures and Bitcoin investors in some 41 countries.
We can’t recommend FX Primes because it does not meet our quality checks.
Their strategy is not known. They only rely on promises to get clients to sign up.
They are asking a very high minimum investment while of course they are not regulated.
It is a big risk to trust them with any amount of money.