Score
Saint Lucia
|
1-2 years
| https://coreprimemarkets.com/
Website
Rating Index
MT4/5
Full License
CorePrimeLtd-Server
Influence
C
Influence index NO.1
Pakistan 3.34
MT4/5 Identification
Full License
FinlandInfluence
C
Influence index NO.1
Pakistan 3.34
LicensesNo valid regulatory information, please be aware of the risk!
Saint Lucia
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
coreprimemarkets.com United States
VIP is not activated.
| Core Prime Review Summary | |
| Founded | 2024 |
| Registered Country/Region | Saint Lucia |
| Regulation | No regulation |
| Market Instruments | Forex, Energies, Indices, Cryptocurrencies, Commodities |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | / |
| Trading Platform | MT5 |
| Minimum Deposit | $10 |
| Customer Support | Live chat, contact form |
| Phone: +971-455-83471 | |
| Email: support@coreprimemarkets.com | |
| Company Address: Office # B1402, Latifa Tower, Sheikh Zayed Road, Dubai- UAE. | |
| Social Media: Facebook, Instagram, LinkedIn, Twitter | |
| Regional Restrictions | the United States of America, Canada, Brazil, Israel, New Zealand, and North Korea (Democratic Peoples Republic of Korea) |
Core Prime is a Saint Lucia-based online trading platform offering access to Forex, Energies, Indices, Cryptocurrencies, and Commodities. The platform provides four distinct account types, all featuring Islamic account options, with minimum deposits starting at $10. Core Prime operates exclusively on MetaTrader 5 (MT5).
| Pros | Cons |
| Low minimum deposit requirement | No regulation |
| MT5 offered | Regional restrictions |
| Four account types | Demo accounts unavailable |
| Islamic accounts available | |
| Multiple contact channels | |
| Popular payment options |
Core Prime currently operates without regulatory oversight. Traders should be cautious about investing this platform.
Core Prime claims to offer a wide range of tradable products, including forex, cryptos, commodities, indices and energies.
Forex, Energies, Indices, Cryptocurrencies, Commodities
| Tradable Instruments | Available |
| forex | ✔ |
| commodities | ✔ |
| energies | ✔ |
| indices | ✔ |
| cryptocurrencies | ✔ |
| stocks | ❌ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Core Prime offers four different types of accounts: Standard, Classic, ECN, and PRO-ECN. Also, Core Prime offers an Islamic account, also known as Swap-free accounts, across all four live accounts.
| Account Type | Standard | Classic | ECN | PRO-ECN |
| Minimum Deposit | $10 | $100 | $200 | $1,000 |
| Maximum Leverage | 1:1000 | 1:1000 | 1:1000 | 1:1000 |
| Islamic (Swap-free) | ✔ | ✔ | ✔ | ✔ |
Core Prime says to provide competitive leverage options, up to 1:500, depending on the instrument and account type. However, according to the details of four account types, the leverage could be up to 1:1000.
Core Prime claims to cover all the deposit and withdrawal fees. Some accounts may charge a small commission, according to Core Prime.
Core Prime offers traders the world-leading MetaTrader 5 (MT5), which is a multi-asset platform for trading forex, stocks, futures, and CFDs. Furthermore, it features advanced charts, technical indicators, and flexible order types (market, pending, stop, trailing stops).
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
Core Prime supports deposits and withdrawals through multiple channels, including VISA, Mastercard, Skrill, Neteller, cryptocurrencies, and wire transfers.
All payment methods share uniform processing conditions. Transactions are available in EUR, GBP, and USD currencies, with all fees covered by Core Prime. Standard processing time for transactions is within 24 hours.
The Forex market is a very unpredictable, complex, and risky place. There are many brokers that appear genuine but can steal your hard-earned money. So, staying alert is the only way to survive in this dynamic environment. Therefore, in this article, we are sharing 5 warning signs about Core Prime Markets.
Core Prime is a Saint Lucia-based online trading platform offering access to Forex, Energies, Indices, Cryptocurrencies, and Commodities. The platform provides four distinct account types, all featuring Islamic account options, with minimum deposits starting at $10. Core Prime operates exclusively on MetaTrader 5 (MT5).
Pros: Core Prime offers a wide range of trading options and provides a minimum deposit of just $10.
No, Core Prime is currently unregulated, which is a concern for me as a trader. Without regulation, there’s no guarantee that the platform will adhere to strict industry standards, and my funds could be at risk. As a rule of thumb, I always prefer trading with regulated brokers, as they offer better transparency and protection. However, since it’s unregulated, I’d be cautious about investing significant funds, especially based on the Core Prime review.
Core Prime offers leverage up to 1:1000 for all account types, which is quite high. The Lite account also offers leverage of up to 1:500 depending on the instrument being traded. Personally, I think such high leverage can be a double-edged sword. While it allows for greater potential profits, it also increases the risk of large losses, especially for less experienced traders.
The Ultra account has a commission of $3.5 per side, while the Lite and Core accounts do not charge commissions. I find the commission-free options appealing for regular traders, but I might consider the Ultra account if I’m looking for raw spreads and am willing to pay the commission.
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DANIEL6448
Brazil
Yesterday I created an account with this broker, which surprised me with its good execution, so I set up my scalping EA to trade with autorisk. A few hours after I made a profit, the account was disabled for trading and my login to the members area was blocked. They didn't send any email explaining the reason. In other words, it's another scam broker, stay away.
Exposure
Gree Ea
Iraq
Unable to withdraw and also my account balance was zeroed out. They opened random trades through the Expert Advisor to lose my entire account.
Exposure
FX4120224673
India
Cant withdrawal your capital also., No response frome broker side also
Exposure
Narender Sain
India
Very good service. Withdrawals come very quickly. Deposits are instant and good support system!
Positive
FX4186386325
India
Great service, fast withdrawal 🙏
Positive