Score
Saint Lucia
|
1-2 years
| https://beprimebroker.com/
Website
Rating Index
MT4/5
Full License
BePrimeGroup-Live
Influence
C
Influence index NO.1
Colombia 3.12
MT4/5 Identification
Full License
NetherlandsInfluence
C
Influence index NO.1
Colombia 3.12
LicensesNo valid regulatory information, please be aware of the risk!
Saint Lucia
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
beprimebroker.com United States| Be Prime BrokerReview Summary | |
| Founded | 2024 |
| Registered Country/Region | Saint Lucia |
| Regulation | No Regulation |
| Market Instruments | Forex, Indices, Cryptocurrencies, Commodities, and Commodities |
| Demo Account | ✅ |
| Leverage | Up to 1:1000 |
| Spread | From 0.0 pips |
| Trading Platform | MT5 |
| Minimum Deposit | $50 |
| Social Trading | ✅ |
| Customer Support | Contact form |
| Email: support@beprimebroker.com | |
| Social Media: Facebook, Instagram, YouTube, TikTok, Telegram, Twitter, LinkedIn, WhatsApp | |
| Regional Restrictions | the United States, Singapore, Russia, any jurisdiction listed by the Financial Action Task Force (FATF), or any jurisdiction subject to international sanctions. |
Be Prime Broker was established in 2024 and registered in Saint Lucia. It offers more than 600 tradable assets, including foreign exchange, indices, cryptocurrencies, and commodities. It supports the MT5 trading platform, with a minimum deposit of $50, maximum leverage of 1:1000, spreads starting from 0 pips, and demo accounts for practice. However, the company is not regulated, so traders need to be cautious when trading.
| Pros | Cons |
| Various trading instruments | No regulation |
| Demo account available | No info on deposit and withdrawal |
| Five account types | Regional restrictions |
| MT5 support available | |
| Social trading supported |
Be Prime Broker is not regulated. Traders should exercise caution when trading.
Be Prime Broker offers over 600 tradable assets, including forex, indices, cryptocurrencies, commodities, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Options | ❌ |
| Funds | ❌ |
| ETFs | ❌ |
Be Prime Broker offers five types of real trading accounts: Standard, ECN, RAW, Synthetics, and Hybrid PRO. Each account type offers both live accounts and demo accounts.
| Account Type | Minimum Deposit | Spread (pips) | Maximum Leverage | Commissions | Bonus (%) |
| Standard | $50 | 1.6 | 1:1000 | 0 USD | 100% |
| ECN | $5,000 | 0.1 | 1:1000 | 6 USD | 100% |
| RAW | $100 | 0 | 1:500 | 10 USD | 100% |
| Synthetics | $50 | 1 | 1:100 | 0 USD | 100% |
| Hybrid PRO | $100 | 0.4 | 1:100 | 6 USD | 100% |
The leverage ratios for Prime Broker accounts range from 1:100 to 1:1000, with Synthetics accounts having the lowest leverage (1:100) and other accounts offering higher leverage, with a maximum leverage of 1:1000.
Spread: The spread range varies from 0 to 1.6 pips, with RAW accounts offering the lowest spread (0 pips) and Synthetics accounts having the highest spread (1 pip).
Commissions: Some accounts charge transaction commissions, such as the ECN Classic account at $6, the RAW account at $10, while the 0 Commission and Synthetics accounts have no transaction commissions.
Minimum Deposit: The minimum deposit requirement ranges from $50 to $5,000, with the Synthetics account having the lowest requirement at $50.
Be Prime Broker supports trading via MT5. MT5 is a multi-asset trading platform with powerful trading functions.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
Yes, some accounts charge commissions. The ECN account charges $6 per transaction, the RAW account charges $10, while Synthetics and Hybrid PRO accounts have no commissions.
Be Prime Broker supports the MT5 platform, which is a multi-asset trading platform that offers advanced trading functions, charting tools, and automated trading capabilities. MT5 is suitable for experienced traders who require a more sophisticated platform for analysis and trading. It is available on desktop, mobile, and web platforms.
The major cons of Be Prime Broker include its lack of regulation, regional restrictions, and no clear information on deposit and withdrawal processing.
The fees vary based on account type. Spreads range from 0 to 1.6 pips, with RAW accounts offering the lowest spread (0 pips). Some accounts charge commissions, such as ECN at $6 per transaction and RAW at $10.
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Arep
Malaysia
Scam broker i already withdraw from this broker and today is 15 October and i still didn’t received my withdrawal money. Totally scam broker.
Exposure
antony elgasing
Indonesia
My scam broker has won a contest at their broker, but they didn't pay my prize of 3k usd and 100k usd funded account
Exposure
FX1842330862
Indonesia
The account was suddenly closed without any explanation, there was no response from CS/IG at all
Exposure
Paula Beltran Beltran Montoya
Colombia
I didn't like this broker because they said they offered a 100% bonus that was only operable, but when I went to trade, this bonus didn't activate.
Neutral