WikiFX Review: Traders need to understand the current situation of Dutch Prime Securities ltd.

　　About Dutch Prime Securities Ltd.

　　Dutch Prime securities ltd. is a broker based in St. Vincent and the Grenadines, engaging in providing global clients with various financial products and services, including forex currency pairs, shares, indices, and precious metals. St Vincent and the Grenadines is an attractive place for financial companies to operate through an offshore company. there is no sharp regulation or overseeing of the company operation implemented. The SVG broker can run its activity and accept forex payments through credit cards but is not overseen. Please be aware of the potential risk.

　　Accounts, minimum deposit & Leverage

　　Dutch Prime offers clients two kinds of account types: Standard and Demo. The minimum deposit is $100. The maximum leverage is up to 1:200.

　　Spreads & Commissions

　　The spreads start from 0.01 pips. No commission is charged.

　　Trading Platform

　　Dutch Prime provides clients with access to the worlds financial markets through the MetaTrader 4 (MT4) platform (Windows, Apple, Android) which is used by millions of traders around the globe. The MT4 is currently the most popular forex trading platform along with the MT5 on the market. With a user-friendly interface, powerful charting tools, and a large number of custom indicators, MT4 is available for automated trading and EA trading, helping traders of all levels to develop different trading strategies and help traders to get ahead in the financial markets.

　　Deposit & Withdrawal

　　Payment methods include credit cards, E-Wallet, and bank transfers. Clients can make deposits via HSBC Bank, and can also use cryptocurrencies like BUSD (BEP20), USDT (TRC20), and USDT (ERC20). There is a 0% commission charged on deposit and withdrawal.

　　Customer Support

　　This broker provides clients with an email address: support@dutch-primesecurities.com for consultation.

　　Regulation: Is Dutch Prime legit？

　　No, as we know so far, this broker is not a regulated broker. It does not hold a legitimate license. Additionally, WikiFX has given it a low score of 1.29/10. Investing in an unregulated broker with a low WikiFX score is extremely risky.

　　Exposure related to this broker on WikiFX

　　One trader from Thailand told WikiFX that Dutch Prime delayed and rejected his withdrawal request. See below.

　　If you want to know more about this broker, please check the article by clicking the link below.

　　https://www.wikifx.com/en/newsdetail/202209057504682725.html

　　Conclusion

　　According to its bad track of record, we do not advise traders to invest in this broker as it may take your assets away fraudulently. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find the most trusted broker for yourself.

　　Click on Dutch Prime's WikiFX page for details