Bold Prime is a MT5 Forex broker, that opened on March 1st, 2021. They are so fresh and new that we see they bought their domain on February 22nd 2021 for only $3999. This brokers official website is at: https://BoldPrime.com/.
The broker originally opened by a company called Bold Prime Ltd, that was located offshore on Saint Vincent and the Grenadines. Now they are an Australian Financial Services Authorised Representative of MGF Capital Pty Ltd.
For complaints and withdrawal problems, read this.
Only invest with a licensed broker, or you will be sorry!
Bold Prime Reviews
Our review of Bold Prime finds, that their investors & day traders can use the industry leading MT4 or MT5 trading app. They officially have the full suite of MetaTrader trading software including; MT5 desktop version along with the Mobile Apps for Android & iOS.
New investors at Bold Prime will find more than 300 underlying assets available for trading including: Forex, Stocks, Metals, Market Indexes, Crypto Currency and Oil. Bold Prime’s trading platform and website is only available in English, and they do not accept clients from the United States.
On this brokers website, they reference their spreads and executions based on a “Finance Magnates Q2 2020 Intelligence Report”. The problem is, they copied this information from ICMarkets website.
See a Top Rated Broker… Look at ForTrade.
Fake Investment Advisors
Many new investors just like you, have seen “money managers” flaunting their wealth on Instagram and Telegram. Or, a Forex trader may have contacted you via WhatsApp or Tinder.
Before following a Forex trader, you should know that most of these people are usually a fraud! They are setup as “Introducing Brokers”, and they are looking to profit from your trading volume. Look at the FCA regulated brokers, and you will see that none of them offer investment advice.
First educate yourself about how Forex trading works, and explore the “copy trading” features at regulated brokers like Pepperstone.
Is Bold Prime a Legit Broker?
Yes, Bold Prime is now owned by Bold Prime Pty Ltd, and regulated by ASIC Australia, AFS Authorised Representative Number 001298510. Official address is: 64 Ismay Ave, Homebush, NSW 2140, Australia.
In October 2021, they updated their website to show that they are owned by; OPTIM Investments Limited. OptimFX .com and .eu are operated by OPTIM Investments Ltd, which is regulated by the FSC Mauritius. Their contact phone number is in Hong Kong; +85281916945, and the contact email address is: [email protected].
Smart investors researching a new broker to see if they are legitimate or a scam, will always verify their regulatory license. All Forex, CFD & Crypto brokers must be licensed and regulated by your governments financial regulator. By using a licensed broker, you can be assured that they are regulated and operate in a fair manner and your money is in segregated bank accounts.
If you are having problems making a withdrawal from your broker, read this.
There are many so many licensed Forex brokers online to choose from, so first try this one!
Are you currently investing with this broker? Please take a minute and share your experience in the comments below.