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PriorFX

PriorFX

Country: Cyprus

Min Deposit: $250


Founded: 2000

Max Level: 1:400


Regulation: CySEC

Min Trade: 0.01 Lot


Platforms: MT4, Mobile

Products: Forex Metals Oil CFD

Payments: Skrill, Neteller, Credit Card, Bank Wire, WebMoney, etc


REGULATION

PriorFX Limited is regulated and licensed by the Cyprus Securities and Exchange Commission (CySEC), under license reference: 221/13.

PriorFX is regulated under MiFID (Markets in Financial Instruments Directive), a European Union law effective as of 1 November 2007, which provides a harmonized regulatory regime for investment services across the European Economic Area. The main objectives of the Directive are to increase competition and consumer protection in investment services.


Advandage:

29 currency pairs

Full hedging capabilities

200:1 leverage

Micro Lots supported

All trading styles welcome including EA's and scalpers

EU-based forex trading firm

CySEC regulated and licensed

Client funds held in segregated accounts with AA rated banks

Live chat, email and telephone support

Real time news feeds and market commentaries

Regular webinars and trading education lessons


SAFETY OF FUNDS

PriorFX has the obligation under its strict European regulations and laws to protect client interests. As a result, PriorFX has taken all the necessary measures to safeguard client's funds:

Client funds are kept in segregated bank accounts. These funds are off balance sheet and cannot be used in any way by PriorFX.

PriorFX maintains operational and client bank accounts with reputable international banking institutions.

Investment firms are obliged to meet strict financial standards, including capital adequacy requirements. PriorFX maintains sufficient liquidity to cover all client deposits, potential fluctuations in the company's currency positions and expenses. A detailed annual audit performed by an independent auditor points out any deficiencies.

The company continually identifies, assesses, monitors and controls each type of risk associated with its operations.


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