Dutch Prime Securities is a contract for difference (CFD) brokerage established in Saint Vincent and the Grenadines in 2020, with its headquarters located in Kuala Lumpur, Malaysia. It primarily offers CFD trading services for assets such as stocks, indices, and precious metals. The broker's official website is https://dutch-primesecurities.com/ and it supports the English language.
Company Background:
Dutch Prime Securities claims to have been founded in Saint Vincent and the Grenadines under the entity Dutch Prime Securities Ltd, with registration number 25837. According to the information provided, relevant registration details can be found with the Saint Vincent and the Grenadines Financial Services Authority (FSA).
Furthermore, according to a Whois query, the broker's official website domain was registered on July 21,2020.
Regulatory Information:
Dutch Prime Securities' official website states that it is regulated offshore in Saint Vincent and the Grenadines. However, it's important to note that the Financial Services Authority (FSA) of Saint Vincent and the Grenadines only regulates activities related to banking, insurance, or mutual funds and does not oversee foreign exchange margin trading activities nor issue forex licenses. Therefore, this broker is not regulated by any regulatory authority.
Trading Products:
Dutch Prime Securities offers various financial instruments for user trading, including:
Stocks: Traders can engage in CFD trading for stocks of different companies, such as well-known companies like Apple, Microsoft, and Amazon. This allows investors to participate in the market without holding actual shares.
Indices: Index CFDs permit investors to trade based on the price performance of market indices without the need to buy or sell the actual index component stocks or assets.
Precious Metals: CFDs for precious metals like gold and silver provide trading opportunities based on price fluctuations. Precious metals CFDs allow trading without owning the physical assets, enabling investors to potentially profit from price movements.
These products not only provide opportunities for investors to enter various financial markets but also allow them to manage risk through diverse investment portfolios.
Trading Platform:
Dutch Prime Securities offers the widely recognized MT4 trading platform for users. MT4 is known for its customizable interface with a range of technical analysis tools, customizable charts, and a suite of built-in indicators such as MACD, KDJ, CCI, among others, which assist investors in analyzing market trends and making informed trading decisions.
MT4 software is renowned for its fast and reliable trade execution, making it a preferred choice for many investors and financial institutions. The software is compatible with various devices, including PC, mobile devices, and web-based platforms, ensuring ease of use for investors.
Account Registration:
The official website of Dutch Prime Securities provides an account registration link, and users can choose to register either a demo account or a live account based on their preferences. The registration process includes the following steps:
Open the Dutch Prime Securities official website and click on "Start Trading Now."
Fill in the required information (such as email, password, etc.) following the provided steps to complete the account registration.
Account Types:
Specific account types offered by Dutch Prime Securities are not disclosed.
Spreads and Leverage:
Dutch Prime Securities offers spreads starting from 0.01 and a maximum leverage of 1:400, but specific information about commissions and minimum trade sizes is not provided.
Deposits and Withdrawals:
Dutch Prime Securities supports various deposit methods such as VISA, Mastercard, STICPAY, etc., but the withdrawal methods offered by the broker are not specified.
Customer Support:
Investors can access Dutch Prime Securities' 24/5 customer service through phone and email, among other means.
Restricted Regions:
Dutch Prime Securities' official website indicates that the broker does not provide information and services to countries or regions, including Australia, Belgium, France, Iran, Japan, North Korea, and the United States.
Summary:
Dutch Prime Securities offers a range of trading opportunities for users, but it fabricates regulatory information, posing a higher risk when trading with them. Currently, this broker is marked as "suspected fraud" on the TraderKnows platform. Users should exercise caution when considering the services offered by this company, safeguard their financial interests, and avoid falling into potential fraudulent schemes.
