Prima Capital

Overview of Prima Capital

Founded in 2023, Prima Capital is an unregulated broker registered in Lebanon, offering trading in forex, indices, commodities, metals, and cryptos CFDs trading with leverage up to 1:500 and spread from 0.0 pips via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is as low as 50 USD.

Pros and Cons

Is Prima Capital Limited Legit?

No, Prima Capital is noted as being unregulated, which means it does not hold a license from any of the known financial regulatory bodies that oversee trading practices.

Operating without regulation can pose risks to traders because they may not have the same level of protections that regulated firms offer, such as compensation schemes or dispute resolution services.

Market Instruments

Account Types

Leverage

Prima Capital offers leverage up to 1:500 for both account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

Trading Platform

Prima Capital utilizes the MetaTrader 5 (MT5) trading platform for its operations. MetaTrader 5 is a highly regarded platform in the online trading community for its advanced features and capabilities.

It offers a wide range of tools for price analysis, algorithmic trading applications (such as Expert Advisors), and advanced financial trading functions. MT5 supports trading in forex, stocks, and commodities and provides traders with access to a comprehensive set of technical indicators, graphical objects, and detailed charting tools.