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Bold Prime Comprehensive Review — All You Need To Know

Bold Prime is among the most popular forex brokerages today. The company was founded in 2021, and the headquarters are in Saint Vincent and the Grenadines. The company has been providing quality services to its clients and has earned a good reputation. The company is also highly regulated and offers a leverage range of up to 1:2000.To get more news about bold prime review, you can visit wikifx.com official website.

The company also supports multiple currencies, which is a big plus for traders who want to trade in different currencies. They offer the support of MT4 and MT5 platforms, and the tradable instruments include forex, stocks, and indices. Customer support is available from 9:00 AM to 5:00 PM (GMT+2).
The company doesn't provide any information about the number of active clients or whether they are publicly traded. However, they offer a demo account to their clients, which is a big plus. In addition, the minimum deposit is $15, which is relatively low compared to other brokerages.

Bold Prime can be an excellent choice for forex traders looking for a reliable brokerage. The company offers a wide range of features and services that meet the needs of even the most demanding trader. Bold Prime has yet to receive its regulatory license from authorities, but it operates with an offline license in Saint Vincent and the Grenadines.
As mentioned earlier, the Bold Prime broker has not received its regulatory license yet. However, they operate with an offline license in Saint Vincent and the Grenadines. In addition, they have taken all the necessary measures to ensure that the platform is safe and secure when it comes to security. For example, they use SSL encryption to protect their clients' data and have a strict anti-money laundering policy in place.

With Know Your Customer (KYC) and Anti-MoneyLaundering (AML)compliance, the Bold Prime platform has employed the latest security technologies to protect its clients' information. KYC and AML are essential for clients' safety as they help prevent fraud and money laundering.

Bold Prime has implemented all the modern data security technologies for protecting clients' sensitive data, like two-factor authentication (2FA) and encryption. The 2FA adds an extra layer of security to the login process by requiring the user to input a code sent to their mobile phone. As a result, it is impossible for hackers to access the account even if they have the password.

Within a short period, the company has gained the trust of its clients and has become one of the most popular forex brokerages today. The company offers a leverage range of up to 1:2000, and they also support multiple currencies, which is a big plus for traders. In addition, bold Prime provides secure ways to deposit and withdraw with a minimum deposit of only $15.

Bold Prime broker fees information
Bold Prime offers multiple trading account types, each designed for a different profile of traders, and the fee structure varies as per profiles. The spreads offered by Bold Prime also vary by the account types, and they start from 0.1 pips and go up to 1.8 pips. In addition, bold Prime offers multiple ways to deposit and withdraw, including credit/debit cards, bank wire transfers, and e-wallets.

The deposit and withdrawals take around two to four business days to complete, which is slow compared to other brokerages. There is no information available regarding deposit and withdrawal fees at Bold Prime. You need to contact the Bold Prime support team to know more about their deposit and withdrawal fees. However, you need to pay the third-party fees your banks will charge for the transactions. Bold Prime offers leverag up to 1:2000, which is quite high compared to other brokerages.
Spreads fees information of Bold Prime broker
Bold Prime offers four trading accounts, and the spreads vary according to the account type. The minimum spread is 0.1 pips, and the maximum spread is 1.8 pips. They also charge commissions on a per-lot basis, and it starts from $0.7 and goes as high as $7 per lot.

They've not mentioned whether the spreads are floating or fixed. The spreads are slightly higher than other brokerages, but they are still competitive. You need to pay the commissions on all your trades, which can add up over time. Bold Prime offers leverage up to 1:2000, which is on the higher side when compared to other brokerages. It can be both good and bad, depending on your trading strategy.

Swap fees details at Bold Prime
You need to pay a swap charge for holding your position overnight. The swap charges at Bold Prime vary according to the currency pairs you trade. They've not mentioned the exact swap fees they will charge against your positions. So, you need to contact the Bold Prime customer support team to know more about the swap fees.

For Muslims, they also offer a swap-free Islamic account. In addition, there is no interest charged on positions that are held overnight in Islamic accounts. The company also offers a demo account to its clients, which is a big plus.