Euro Prime Review is Europrime.com a Scam or Legit Broker

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Euro Prime Review – is it scam or safe?

Trading Accounts & Conditions

Account type Minimum deposit Maximum leverage Spread
Standard $250 1:400 from 2.5 pips
Silver $2000 1:400 from 2.0 pips
Gold $5000 1:400 from 1.5 pips
Platinum $10,000 1:400 from 1.0 pips
Islamic $20,000 1:400 from 1.0 pips

Euro Prime is an offshore broker offering trading in wide range of financial instruments on two trading platforms. As you can see from the table above, it also has various account types. Despite the seeming diversity this broker provides, we don’t recommend doing business with it. Read on to learn why.

Euro Prime Advantages

Trading on ACTIV8 & MT4

Euro Prime allows you to trade with Leverate’s ACTIV8, as well as with the popular MetaTrader4 (MT4) platform. Those are two solid trading platforms. The MT4 doesn’t need an introduction – this is the most widely used forex trading platform, which is highly praised by the community. This pice of trading software has great charting, numerous analysis tools and is especially popular for its automated trading strategies (Expert Advisors).

ACTIV8, on the other hand, is not as popular as the MT4, but seems nearly as good a platform. Created by the developer of Sirix, Leverate, ACTIV8 offers a fluid synchronization with both MetaQuotes’ platforms (MT4 and MT5). It also has nice charting, ‘Strategies’ category that provides an array of EA/bots, and incorporated external market analysis. The latter includes 3 categories: ‘Market Analysis’, ‘News’, and ‘Calendar’ displayed on the right side of the interface.

Many asset classes covered

The assets provided at Euro Prime are: currency pairs, CFDs on commodities, indices, many stocks and several cryptocurrencies (the latter including Bitcoin, Bitcoin Cash, Ethereum, Ripple, and Litecoin). Such a variety of financial instruments will satisfy most traders.

If you are keen on trading the cryptocurrency markets, we have drawn up a list of some brokers offering Bitcoin CFDs which are reliable and recommended. Euro Prime is not one of them.

Euro Prime Disadvantages

Offshore broker, no financial oversight

Let us first start with the most obvious red flag regarding this brokerage. Euro Prime is allegedly owned by Apsilon ltd., a company registered offshore, in Saint Vincent & the Grenadines (SVG). The company also provides phone numbers in Kuwait and South Africa.

Clients of offshore brokers have no guarantee for their accounts, nor they money, as no governmental agency is overseeing these companies. What is worse, large percentage of offshore brokers are running investment scams, so we generally advise investors to avoid them

It seems that only the top clients who deposit at least $10k get good spreads with Euro Prime. Basic account holders, on the other hand, trade with spreads starting from 2.5 on EUR/USD, which is not a competitive pricing. Most brokers offer spreads of 1.0 – 1.5 pips for this pair, and some go even lower. Besides, many of those companies are regulated and require an initial investment of $100 or even less.

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MT4 not available for download

It seems that one can get access to any of EuroPrime’s platforms only after they receive a phone call from the broker’s representatives. Most brokers offer free demo accounts and the MT4 can be downloaded directly from their websites by only providing an e-mail address.

Minimum deposit required is not that low

The minimum deposit for the most basic account of Euro Prime is $250, which is just about the industry average. However, having in mind the major security concerns outlined above, we would not recommend interested traders risk even such a sum with the brokerage. There are other top-notch brokerages who do not even have a minimum deposit.

Conclusion

Euro Prime is an unregulated, offshore broker, which doesn’t offer a square deal. Although it offers an array of financial instruments on two trading platforms, the spreads provided are only decent for the high-end clients and the initial deposit required is not exactly low.

We always reiterate on the importance of financial regulation. Brokers operating under the oversight of respectful governmental agencies such as UK’s Financial Conduct Authority (FCA) or Australia’s ASIC are much more reliable than offshore companies, most of which are scams. So why waste your time and money on unregulated brokers?

Here are the key strong and weak points of this broker one more time:

Pros Cons
Two platforms available, MT4 included Offshore broker, no financial oversight
Solid choice of CFDs High spreads
MT4 not available for download
Minimum deposit not low
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

EuroPrime.com Review Visit site

EuroPrime.com is part of Apsilon LTD group. Known members of this group include MarkeTrading.co.

About EuroPrime.com

EuroPrime is a forex broker. Euro Prime offers the Sirix Web Trader and Mobile forex trading platform. EuroPrime.com offers over 5 forex currency pairs, cfds, indices, stocks, ETF, gold, silver, bitcoin and other cryptocurrencies for your personal investment and trading options.

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Consumer Reviews

Service use: Live

Length of use: 0-3 Months

the refuse to make withdraw ask to withdraw 5000 $ they give 2500 what in the hell . 1

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Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

EuroPrime Review

EuroPrime is a Forex CFD & Crypto Currency broker that originally opened in December 2020. EuroPrime is now owned and operated by IOS INVESTMENTS Limited, located at 5 Cork Street, Belize City, Belize.

Contact phone numbers in United Kingdom is: +442038072367. Customer support email address is: [email protected] Official website is: https://www.europrime.com/.

For complaints and withdrawal problems, read this article.

EuroPrime Review

Investors at EuroPrime will find the new Leverate Activ8 web-based CFD trading platform. This trading software is very easy to use and simple for new beginner day traders. You can select the leverage amount you would like to use, your Stop Loss, and Take Profit amounts. Also available is the classic MetaTrader4, along with Activ8 Mobile Apps.

There are hundreds of underlying assets available for CFD trading. All major and minor currency pairs are available, plus you can trade Crypto Currency CFD’s on Bitcoin, along with CFD’s on shares of Cannabis Stocks. Leverage is available of 1:200 on BTC/USD, but their spreads are $100 wide. You can find brokers with tighter spreads, see here.

The minimum deposit required for a new trading account is $250. Islamic accounts for some reason require you to deposit over $20,000. This is very high and unusual for a broker that is trying to focus on clients from Kuwait and Saudi Arabia.

EuroPrime License Check

Scam Broker Investigator reviews many online Forex brokers to see if they are a legitimate brokers or a scam brokers. The one thing we check to see is if the broker is licensed and regulated. Using a licensed broker means that your funds are usually insured by the government regulator, and held in segregated bank accounts.

EuroPrime is licensed in Belize by the IFSC. In Europe, they are owned by F1Markets Ltd, located at 43 Kolonakiou Avenue, Shop N2B, Ayios Athanasios, 4103 Limassol Cyprus, with CySEC licence number: 267/15.

Most new investors will choose an established Forex broker, before using an offshore broker. If you are interested in investing with a licensed Forex broker, go look at the list of regulated brokers, look here.

If you are currently investing at the broker EuroPrime, Please share your experience with this broker in the comments section below.

EuroPrime review – or why it is important to read about a broker before trading with them

Another day another broker, right guys? Well, today we have something of a special review prepared for all of you. Today we are talking about the EuroPrime Forex broker, which also known as the prime example of why you should read about a broker before you start trading with them. Why? Well, there is a simple reason. This broker has been operating on the European Forex market for a while and in those years, it has managed to become one of the worst brokers to ever grace the face of this planet. While the broker might not be a scam, they are definitely not the kind of broker that you eve want to deal with. They dedicate most of their resources to marketing while keeping the rest of everything about the brokerage sub-par. This results in many of the users they get being badly burned and never coming back to them. This is also why we are writing this review – so you know never to trade with them. So, let’s get into what these guys do and why you shouldn’t trade with them.

Leverage: 1:400 Licences: FSC Belize

Min. Deposit: N/A Bonus: N/A

Spreads: from 0 pips US Clients: No

Looking for a good Forex broker? Try XM instead!

Is EuroPrime legit?

With the kind of introduction we gave the company, it is not surprising that you might be wondering about this. The thing is, yes, the broker is legitimate. At least in the sense that it is licensed to operate by an actual regulatory body. The Belize FSC has provided the company with the license that it needs to operate internationally, which is how it is able to keep doing what it is doing. Thankfully, the Belize authority is also really good at keeping track of whether the broker is doing anything illegal. So far, it seems that the broker has not done a single thing that might be illegal, which is why it still is allowed to run a business with the license that it received so many years ago. Despite the fact that the operations of the company are quite legal, there are those that would have you believe otherwise, and we do not entirely blame them for it.

If you go online, you will find that there are many EuroPrime reviews that talk about how the broker is nothing but a shame, a scam r a broker that is trying to just steal your money. The reason for this is quite simple. There are many traders who ended up trading with the broker and lost money because of it. Whether it is because of the charges that the company did not warn them about, or because of the platform is too slow or because of other reasons, it was not because of theft that this money was lost, or because the broker was trading against them. No, the broker is just that bad at their job of providing a good service. So why are they still around? Because, technically speaking, they do provide a good service, as long as you are part of the upper tier of their clients.

The broker has a system where users with more money can but better service. This is something else that many of the reviews about the broker complain about online. The types of accounts are all pretty useless unless you are trying to go above the Gold account. According to the users leaving reviews, the other accounts (mini, standard, VIP) barely get any attention, while Platinum gets the most.

EuroPrime review of everything

So, after licensing, it is time we talked about the real reasons why you should never trade with the company. The first thing I am going to notify you of is the fact that the website, EuroPrime.com review that we conducted resulted in me coming up with the thought that it might be one of the ugliest well-made websites I have ever seen. The combination of a terrible colour scheme, combined with the fact that some square picked the most boring geometric shape to decorate the website simply means that the broker has no idea how to design a website. What is disappointing though is that, the website is not bad. The pages might be a little annoying to get through when you are trying to gather the information you need, but the intention is not so bad. All of the information you need in order to make an informed decision about the company is readily discoverable, you just have to not mind spending the 30 minutes going from page to page in order to actually end up finding it. All of this is well and good, I just wish the entire process was a little less annoying.

EuroPrime SIRIX

This is where the pile of the problems that the company has starts to show itself, other than the website being ugly of course. The SIRIX platform is not popular among brokers and traders for a reason. The reason is, it is not that good. It is actually quite buggy, a little laggy and very basic in what it offer to its users. Simply ignoring the buggy and laggy parts, which are both extremely dangerous to the well being of any person’s trading capital, even just talking about how basic the tools that the platform provides should be sufficient to make it a point to never use it. But the broker uses it and forces all of its traders to use both the desktop and the mobile application versions of this app. If you were wondering why the EuroPrime rating was so low, this is one of the biggest reasons.

EuroPrime withdrawals, deposits, leverage

But the platform is not where the problems stop. We are just ramping up people, so be ready. This is probably the worst offence that the broker is caught in. The fact that the broker has, in big letters, on their homepage, written that they do not charge for deposits and the fact that they offer 1:400 leverage are both very alarming. That is because both of those things have little asterisks to them, which means “terms and conditions apply’ and it also means that those terms and conditions are there to mess up your day. In the case of the deposit no charges, well, there are charges. Just not on all deposits and mostly on the withdrawals, you will attempt to make from your account with the broker. The charges are arbitrary and not always there when you withdraw. This means that you can end up randomly losing a chunk of the money you were trying to withdraw because the broker thought it was time for you to pony up. The charges are also charged in percentages of your withdrawals or deposits, so make sure that when you are depositing large chunks you do not accidentally end up being charged an exorbitant amount of money.

The part about the leverage provided to the users is a straight-up lie. Well, not entirely a straight-up lie, but if you are a retail trader, it might as well be. You see, because of the new legislation introduced by the EU regulatory body, brokers are not allowed to provide more than 1:30 leverage to traders who are retail traders. This is to protect them from the dangerous effects of high leverage. The only people allowed access to crazy leverage levels is those who get categorized as pro traders. That means that these guys have been in the industry for years, trading huge amounts of money and also have a huge amount of money on their checking accounts. So that they can support the leverage, you know? This overmarketing is part of what the EuroPrime FX brokerage might call marketing, but what we call dishonest and messed up. While it is good that they comply with the local laws and regulations, it is also very messed up of them to be using the numbers that can only be applied to a very small subset of traders in order to promote their business. It is called false catfishing and it is not cool.

Customer support

Something else that many people state their EuroPrime opinions on in the industry is the customer support. They all say that the customer support is terrible. Not because the broker does not try to provide a customer support team, and not because they are rude. They are some very nice people. It seems that the reason a lot of people are saying this (and I know it because I called) is that a lot of the time the customer support team is trying their best to solve the problem as fast as possible and move on to the next client. It seems like the office is a little understaffed at the moment. Which is why it takes the customer support a while to respond to any issue that the client might have.

In Conclusion

So, it is time to conclude. The conclusion about this broker, as far as I am concerned, is to stay away. The broker has no redeeming qualities. Not a single one. Even the EuroPrime bonus that so many people talk about over and over again seems to be nothing even close to what most people would want it to be. The broker seems to have caused a lot of animosity in the industry as a result of terrible service. I wish there was another conclusion I could draw, but right now, not touching the broker is the best solution for everyone. Even the broker.

Europrime Reviews

33 • Excellent

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Reviews 33

I have been able to invest and withdraw…

I have been able to invest and withdraw with no issues. I hope this continues to be the case.

User-friendly trading platform!

I experienced here the latest technology while trading.Easy, Well-designed, and User-friendly trading platform! The best thing I like about it is that it offered me a personalized trading experience!

The best trading place ever!

The friendly tech support team! The best trading place ever! With its excellent and fast servicing, I am delighted.

I loved its facilities for trading

I loved its facilities for trading. Navigating and using it is simple! A safe, creative, and sensitive working environment they gave to me. Also, the staff of tech support is very helpful and supportive.

The very helpful support team for…

The very helpful support team for tech! For me, it’s the best place to invest with various assets in a specific work-space and trade. Also, while dealing with it, I receive a fair profit.

Enjoy Trading With Euro Prime

Enjoy Trading With Euro Prime! Ideal platform for the beginner in investment and trading.

I felt it the best stock trading

Perfect Platform To Trade! I felt it the best stock trading platform here; I can trade in multiple stocks assets present in the market and enjoy my profit.

Great trading platform with good…

Great trading platform with good execution! I found it a doorway to excellent trading experience, that enabled a place for investment upon a unique work-space for me. Love to trade here!

Excellent trading service and quick…

Excellent trading service and quick payouts. I enjoyed both rising or falling stock prices. Best Trading Platform ever! Super helpful tech support team!

By Far Best Trading Platform

By Far Best Trading Platform! No hidden fees! Great Customer Support! It offers me an advance feature for trading with multiple assets. It also provides the best coverage, particularly with equities!

I recommend beginners to use this…

I recommend beginners to use this trading platform! It’s safe, convenient, and highly efficient! Very spontaneous, no problems at all adding, withdrawing or transferring money. Also, offer 24*7 online assistance service.

I learn many things

After joining with it, I feel very confident while trading. With educational videos, I learn many things to enhance my trading skills. Also, offer zero commission with higher returns, which add a plus point to it.

Remarkable platform

Remarkable platform! Easy to use. Almost every instrument I used for both trading and technical analysis here. Overall I got top-notch trading services.

Excellent

Excellent! Easy layout, Quick responsive customer service! Best platform for investing in shares and trading CFDs. It offered a wide range of trading services that genuinely satisfy my requirement for a reliable, innovative, and safe trading environment.

Euro prime is by far one of the best…

Euro prime is by far one of the best trading platform from my experience. Here I can track the market signals, daily analysis, market opportunities, and much more, which makes it more preferable to me!

Most secure and transparent trading…

Most secure and transparent trading platform! It offers sirix web trader technology that provides me accurate performance while trading. I enjoye trading anything here, ranging from stocks, currencies, Forex, CFDs, and commodities.

So far

So far, I am really enjoying this platform! I selected it mostly because the interface is easy to work with multiple assets. Even it’s available on multiple devices, which offers a faster, more powerful trading experience.

Being part of this platform is much…

Being part of this platform is much profitable for me! As here, I was able to trade with currencies, indices, commodities, Forex, ETFs, and options without having to buy or sell the underlying instrument, which I like the most.

I kickstarted my trading with Euro…

I kickstarted my trading with Euro Prime, which offered me various opportunities to participate in the paramount trading actively, bonus offerings, & excellent trading conditions. It was good to join it!

I was interested in trading with a wide…

I was interested in trading with a wide array of the most reputable publicly traded stocks, and Euro prime offered me all that I required for trading comfortably and earning more profit. It’s good to join it.

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