Zurich Prime is a Forex broker that is owned by U-NEX Global Ltd. They are located at: Ajeltake Road, Majuro, Marshall Islands. Their payment processor is U-NEX SOLUTIONS SRL which is located at 17 Baba Novac Street, Bucharest, Romania.
Their phone number in Bulgaria is: +359 2492 8409. Their email is [email protected].
Zurich Prime Review
The trading software they use is called Sirix. It is available in a web based version and as a download for the Sirix Station desktop. They offer a variety of assets to trading including; Forex pairs, Global Market Indicies, Stocks, Oil, Gold, and Silver. The broker is available in English, Arabic, German and Russian. The majority of their traders come from the Middle East countries like Saudi Arabia.
The spreads on Forex is 4-5 pips. Leverage on most currency pairs is 200:1. Traders should familiarize themselves with the risk associated with trading on margin. The minimum deposit for new accounts is $500.
Zurich Prime No License
When reviewing Forex broker, the first thing that investors look for is a brokers license. The reason people use licensed brokers is so that in case the broker goes out of business, your money is protected. Zurich Prime is not a licensed broker.
There are many licensed Forex brokers who you can trade with, see below. In the United Kingdom, brokers are licensed and regulated by the FCA. In Europe the CySEC from Cyprus regulates many brokers.
Smart investors always test out multiple brokers, before choosing their broker.
What was your experience trading with Zurich Prime? Please write your review in the comment section below.