Euro Prime Review – What to expect from the broker

Euro Prime is a CFD Broker that features on its trading platform CFDs on Forex, commodities, stocks, indices, cryptocurrencies. Euro Prime is a subsidiary company of F1Markets Limited, a corporation that is regulated and overseen in Cyprus by the CySEC. Spread is for USD/JPY 0.5 pips*, real trading is possible with the minimum deposit of $250. The Euro Prime website is available in English only.

What do we cover in our Euro Prime Review?


General Risk Warning: 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Basic information about the broker

  • Website address: www.EuroPrime.com/eu
  • Leverage: up to 1:30
  • Instruments: CFDs – Forex pairs (33), commodities (7), stocks (43), indices (14), cryptocurrencies (4)
  • Minimum deposit: $250
  • Demo account: No
  • Methods of deposit and withdrawal: Wire Transfer, Credit and debit cards (Visa/MasterCard)

Euro Prime Trading Platform

The broker offers two trading platfroms – MT4 and SIRIX. Both trading platforms can be accessed via just a web browser or can be downloaded to any computer or mobile device. The trading platform gives access to a little under 100 trading instruments.

Euro Prime Spreads

As any other CFD broker, Euro Prime charges a spread fee. For the most current spread charges, please visit the EuroPrime.com/eu website. Here is a spread comparison table that contrasts Euro Prime spreads with popular industry competitors.


Asset EUR/USD USD/JPY GBP/USD AUD/USD
Euro Prime* N/A (does not provide 5 place decimal quotation on the homepage) 0.5 0.4 0.5
Plus500** 0.6 0.7 1.1 0.6
IQOption** 1.2 0.9 1.5 1.6

*Spreads recorded on 20.06.2019 at 8:10 GMT, spread charges were taken from the homepage of the broker. **Spreads recorded on 26.09.2019 at 11:26 GMT from the trading platform of the broker.

Advantages and disadvantages

Every Broker has its pros and cons, let’s have a look at the ones that elevate & denounce Euro Prime.

Euro Prime Pros
  • Tight Spreads
  • MT4
Euro Prime Cons
  • No demo account
  • No e-wallet payments
  • 4 available cryptos – but no Bitcoin
  • No international support

To sum up the Euro Prime Review

Euro Prime adheres to strict regulatory guidelines of the CySEC (No. 267/15). The broker offers decent spreads on most assets and features MT4. The amount of available CFDs is not very attractive and the deposit and withdrawal methods do not support e-wallet payments.

Your review can make a difference to other traders, please leave a comment if you have any personal experience with Euro Prime.



Michael

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