Prime 4X — Forex Broker Rating and Review 2020

Prime 4Xhttp://prime4x.com/
Status
Regulation
Trading software Meta Trader 4
Headquartered

Prime 4x has missed too many deadlines, broken too many promises and failed to pay too many traders.  The FPA has no choice but to declare Prime4x to be a scam.  They have been promising that issues would be fixed "soon" since the summer of 2010.

Prime4x is now blacklisted by the Forex Peace Army.  We warn traders to not open accounts there.  If you have an account with Prime 4x, we recommend that you try to withdraw all of your funds immediately.

Prime4x is refusing to communicate with the FPA over client issues.  We are becoming convinced that Prime4x has no intention of paying the money owed to most who have complained.

We are told that as of December 2010, Prime 4X hired additional staff to resolve longering withdrawal issues.  Despite this, the number of complaints has been increasing and the number of confirmed payments still remains unacceptably small.  Several of those who have gotten one long-delayed withdrawal now complaint that they can't get a second withdrawal processed.

Currently, Prime4x can not use Liberty Reserve.  Bank wire seems to be the preferred method.  Non-Iranian clients can also use MoneyBookers.

We invite anyone who is still having a withdrawal issue to post a review here with their account number. Anyone who's issue has been resolved is encouraged to leave a followup review.

Prime 4X trading information

WWW http://prime4x.com/
Address
Headquarters
Free phone
Digits after the dot in quotes 4
Minimum position size 0.01
Pip spread on majors 1-3
Spread Type
Leverage 500:1
ECN, $
Standard account, $ 100
Micro account, $ 100
Popular payment methods Credit Cards, Wire Transfer, WebMoney
Account currencies USD, EUR, JPY, GBP
Available assets
Languages English
Platforms MetaTrader 4
Broker type
Regulation not regulated
Foundation 2006

The website went offline long ago. I think nobody here won't get money back. The only one regulator in offshore zone can't help you get your money back. No funds were ensured, so there is no compensation in case of bankruptcy. That's the fact. Crime was committed by this broker and we are all victims.

Joe   3 August, 2016  

any one got any idea of how can we get our money back or we all will just let them go with it ,,,,,,

Sam   11 November, 2011  

I am very sorry for me because this broker very bad and real scam i have 2 account 23500$ I'm from Iran

farzad   1 October, 2010  

BIG SCAM!!! NEVER PAID MY WITHDRAW REQUESTED. THEY NEVER TELL THE TRUTH. THEY ARE LYING. STAND BACK OF THIS BROKER!!!

74015 ACC   30 June, 2010  

prime4x.com is a real scam ..beware people...they dont give money back...since 4 month ago..
i am going to complain to NFA..they are not reguleted ..they are a bigger lier..
bye

ali   28 June, 2010  

prime is crime, scammer broker, my account have been closed without no prove that prime judge was very dissapointed broker, steal my profit $12.739,look my transaction, where is the mistake???610 transaction,where is the mistake???after 2 month trading no warning, suddenly closed after my profit $12.739
acc 49243

sony   3 June, 2010  

prime is crime, my account have been closed without no prove that prime judge
very disapointed broker, steal my profit
look my transaction, where the mistake???610 transaction,where the mistake???

sony   3 June, 2010  

Does anyone here speak decent English?? Or are you all employees of P4X??? I have never seen so many blatantly obvious fake reviews...how many times can one "recommend" a bucketshop?

Mauritius...a truly financial regulatory world leader...investor beware!

investor beware   27 May, 2010  

my friend told me, he want to make withdrawal, but this broker only can pay 10% from his withdrawal because dont have money. What happen with this broker?

why   23 May, 2010  

they are not regulated but i am believe they are not scammer, and i am with them 5 month no problems wd. you can try

boy   17 December, 2009  
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