Bold Prime Review
Updated: 03 Feb, 2025 - globalforexinfo.comBold Prime is a forex and CFD broker that aims to cater to traders of all experience levels. Offering a variety of trading instruments, competitive spreads, and multiple account types, the broker has gained attention in the trading community.
Brokers Highlights
| Brokers Name | Bold Prime |
|---|---|
| Trading Desk | ECN |
| Year Founded | 2020 |
| Headquarters | Saint Vincent and the Grenadines |
| Regulation | SVG FSA |
| US Clients | NO |
| 247 Support | ✔️ |
| Support Email | [email protected] |
| Telephone | +97145589443 |
| Address | Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines |
| Languages | English |
Accounts Details
| Commission | $7.00 Per Lot |
|---|---|
| Accounts | Standard, Prime RAW, Prime Platinum |
| Min. Deposit | 15 USD |
| Currencies | USD |
| Execution | Market Еxecution |
| Leverage | 1:2000 |
| Spreads | 1.8 pips |
| Trade Size | From 0.01 lot |
| Instruments | Commodities, Stock CFDs, ETFs, Forex, Indices, Metals |
| Demo Trading | ✔️ |
| Swap-Free | ✔️ |
| CopyTrading | ❌ |
| Crypto Trading | ✔️ |
Platforms
| Platform | MetaTrader 4/5 |
|---|---|
| Mobile Trading | ✔️ |
| Web Trading | ✔️ |
| Affiliate | ✔️ |
Funding
| Deposit | Bank wire transfer, credit/debit card, and e-wallets such as Neteller and Skrill |
|---|---|
| Withdrawal | Bank wire transfer, credit/debit card, and e-wallets such as Neteller and Skrill |
Pros |
Cons |
|---|---|
|
Low Minimum Deposit |
Regulatory Concerns |
Bold Prime provides access to a wide range of financial markets, including: Forex: Major, minor, and exotic currency pairs. Commodities: Metals like gold and silver, along with energy assets such as oil and natural gas. Indices: CFDs on global indices such as the S&P 500 and FTSE 100. Stocks: CFDs on popular company shares.
Bold Prime supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are well-regarded for their advanced charting tools, customizable interface, and compatibility with trading robots (EAs).
The broker offers multiple account options to suit traders with varying needs:
Standard Account: Designed for beginners with no commissions and slightly higher spreads.
Prime Account: Offers tighter spreads with a small commission per trade.
ECN Account: Provides raw spreads starting from 0.0 pips, ideal for experienced traders.
Bold Prime is registered in Saint Vincent and the Grenadines, a jurisdiction known for limited regulatory oversight. This could pose risks for traders in terms of fund security.
Bold Prime is registered as an offshore broker under Saint Vincent and the Grenadines Financial Services Authority (SVGFSA). However, this regulatory body is not considered top-tier and provides minimal client protection compared to regulators like the FCA, ASIC, or CySEC.
Bold Prime offers several appealing features, such as low trading costs, advanced platforms, and diverse assets. However, the lack of strong regulatory oversight and mixed user reviews highlight the need for caution. Traders are encouraged to start with small investments and carefully assess the broker’s performance.
