This PrimeFin review covers the broker’s regulatory status, trading conditions, supported instruments, and suitability for beginner and intermediate CFD traders. PrimeFin is an offshore CFD broker offering a broad range of tradable assets via the MetaTrader 4 and WebTrader platforms, targeting global clients with tiered accounts and high leverage.

Regulation and Safety

PrimeFin is operated by Caps Solutions Ltd, a company incorporated in Mauritius and regulated by the Financial Services Commission (FSC) of Mauritius under license number GB20025728. While the FSC provides a basic level of oversight, it is not considered a Tier-1 regulator like the FCA or ASIC. There is no investor compensation scheme. However, PrimeFin states that client funds are held in segregated accounts and protected with negative balance protection.

Execution Model and Trading Platforms

PrimeFin uses a straight-through processing (STP) execution model with no dealing desk (NDD) intervention. The broker provides access to:

• MetaTrader 4 (MT4) – desktop and mobile versions
• WebTrader – browser-based version of MT4

FIX API and VPS hosting are not currently offered. Execution speeds and slippage may vary due to offshore infrastructure and order routing.

Markets and Instruments

PrimeFin offers more than 350 CFD instruments across several asset classes:

• Forex – 45+ currency pairs
• Commodities – Gold, silver, oil, natural gas
• Indices – S&P 500, DAX 30, FTSE 100
• Stocks – US, EU, and Asia-Pacific equities
• Cryptocurrencies – BTC, ETH, LTC, XRP, BCH and others

All instruments are traded as CFDs, with no physical asset delivery or ownership.

Accounts, Spreads and Leverage

PrimeFin offers a tiered account structure:

• Silver: Spreads from 2.2 pips, no commissions
• Gold: Spreads from 1.3 pips, swap discount, dedicated account manager
• Platinum: Spreads from 0.3 pips, full swap discount, free VPS (case-by-case)

Leverage is offered up to 1:1000 for retail clients depending on region and asset class. Minimum deposit is $250. Islamic (swap-free) accounts are available upon request. Stop-out level is set at 50%.

Funding and Base Currencies

Accepted base currencies include USD, EUR, and GBP. Deposit and withdrawal methods include:

• Credit/Debit cards
• Bank wire transfer
• Skrill, Neteller
• Cryptocurrency wallets (BTC, ETH)

Deposits are processed instantly or within a few hours. Withdrawals are usually processed within 1–3 business days. Withdrawal fees may apply based on method and account type.

Client Protections and Features

Although PrimeFin is lightly regulated, it implements key client safety measures:

• Negative balance protection
• Segregated client funds
• 2FA and secure login protocols
• Dedicated support and onboarding tools
• Limited investor protections due to offshore regulation

Institutional and Retail Offering

PrimeFin is strictly retail-oriented. It does not offer FIX API access, prime brokerage, or liquidity provision services. Retail traders benefit from flexible account tiers, a multilingual client portal, and MetaTrader charting tools. No copy trading or PAMM services are advertised at this time.

Pros

• High leverage up to 1:1000
• MT4 and WebTrader platforms supported
• Wide asset coverage including crypto CFDs
• Tiered account structure with competitive spreads
• Swap-free accounts available

Cons

• Offshore regulation with limited investor protection
• High minimum deposit ($250)
• No institutional or API services offered
• VPS and advanced features only for top-tier accounts

Frequently Asked Questions

Is PrimeFin regulated?

Yes, PrimeFin is regulated by the Financial Services Commission (FSC) of Mauritius under license number GB20025728.

What platforms can I use on PrimeFin?

Traders can use MetaTrader 4 (MT4) and the WebTrader version via any browser or mobile device.

What is the minimum deposit at PrimeFin?

The minimum deposit is $250 for the Silver account tier.

Does PrimeFin offer cryptocurrency trading?

Yes, PrimeFin offers CFD trading on major cryptocurrencies like BTC, ETH, XRP, and more.

Is PrimeFin suitable for professional or institutional traders?

No, PrimeFin is designed for retail traders and does not offer institutional services like FIX API or prime brokerage.