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Prestige FM Review
Prestige FM

Prestige FM Review

Prestige FM is a new Forex/CFD broker that was founded in 2013 under the name of Prestige Financial Markets in The Republic of Estonia. The main headquarters of Prestige FM broker is located in Tallinn at: Lõõtsa 6, 11415 and is operated by AllPro Tech OÜ.

Prestige FM trading broker offers wide selection of assets that consists of commodities (5 commodities), Forex pairs (24 pairs), indices (13 global indices), stocks (16 stocks) and crypto currencies that include Bitcoin, Litecoin, Ethereum, DASH, Ripple.

Prestige FM trading presents variable spreads which is often cheaper than fixed spreads especially in times of high liquidity, however, it can hike rabidly in times of high volatility. Prestige FM login leverage is great as it starts at 1:50 and up to 1:500 to trade Forex and CFD on various assets.

Prestige FM Review Platform

Prestige FM broker offers Forex and CFD trading on only one type of platforms which is the TradeSmarter, a well-known platform that doesn’t require downloading and installing. TradeSmarter found with Prestige FM trading is similar to the Web-Trader platform most brokers offer and has a friendly easy to use interface. Mobile trading is available with Prestige FM broker, although we couldn't find what kind of App it offers, however, Prestige FM trading platform (TradeSmarter) has a great interface on mobile devices.

Read this review thoroughly in order to know if trading Prestige FM Forex is safe or Prestige FM scam is real.

Regulation
Minimum Deposit $250
Maximum Deposit Unlimited
Bonus Upon Request
Minimum Trade Size 10 lots
Trading Platform TradeSmarter
Bronze, Gold, Platinum, Silver, TITANIUM, VIP Account
No
Islamic Account Yes
Account Currencies EUR
Payment Methods Credit cards Wire Transfer
Withdrawal Fees No Fees
Traders From USA No
Forex Trading
Forex Broker Type Market Maker
Maximum leverage 1:300
Spreads type Variable
EUR/USD spread 14 pips
Bitcoin Trading Yes
Maximum number of positions Unlimited
Mobile Trading Yes
Trading Signals Yes
Automated Trading No
CFDs Yes
Options Trading No
Scalping Yes
Hedging Yes
VPS (Virtual Private Server) No
One Click Trading No
Stop Loss (No Slippage) Yes
EA (Expert advisors) Yes
Clients Funds Segregated No
Education Center eBook
FAQ
Financial Calendar
Video Academy
Webinars
Forex Pairs EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/CHF, AUD/USD, USD/RUB, AUD/CAD, AUD/CHF, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, GBP/AUD, GBP/CAD, GBP/CHF, EUR/JPY, USD/NOK, EUR/GBP, GBP/JPY, NZD/USD, AUD/JPY
Stocks APPLE, BP, BARCLAYS, RBS, HSBC-HK, GAZPROM, BNP PARIBAS, SAP, SIEMENS AG, BBVA, BANCO SANTANDER, RENAULT, BMW, VOLKSWAGEN, GOOGLE, CHINA LIFE INSURANCE
Commodities Gold, Silver, Copper, Oil (Light Sweet Crude), Gold/GBP
Indices DUBAI, FTSE 100 FUTURE, DAX 30 FUTURE, NIFTY FUTURE, TEL AVIV 25, MICEX Futures, DOW JONES 30 FUTURE, S&P 500 FUTURE, NASDAQ 100 Futures, NIKKEI 225 FUTURE, HANG SENG FUTURE, Tokyo Stock Exchange Tokyo Price Index TOPIX (TPX:
Crypto BITCOIN, LITECOIN, DASH, ETHEREUM, RIPPLE
Customer Support
Phone Switzerland
+41445083193

Estonia
+3728804630

support@prestige.fm
Contact form Yes
Live Chat Yes
Call Back No
Yes
Support Hours Mon-Fri 10:00-22:00
Supported Languages English German

Prestige FM Login Accounts

One of the best advantages at Prestige FM broker in the Forex industry is its variety of accounts to register, that suit every type of traders. Let’s have a deeper look at these accounts in Prestige FM review:

Bronze account: The first type of Prestige FM trading accounts with a deposit of €500. This account as the rest of the accounts, presents over 100 assets to trade with Prestige FM broker along with economic info.

Silver account: Prestige FM Forex presents this account with a min deposit of €5,000. Prestige FM Forex silver account offers 2 training sessions with a specialist, weekly market review and basic training videos.

Gold account: €10,000 is the min deposit for registering this account through Prestige FM Forex that gives 3 sessions with a specialist, 2 weekly reviews and advanced videos.

Titanium account: For €25,000, trader gets more than 100 assets to trade, 5 sessions, economic info, 4 market reviews and advanced educational videos, all of these features available with Prestige FM Forex titanium account.

VIP account: For the elite traders who need exclusive features to trade with Prestige FM Forex. With €50,000 for the minimum deposit, this account offers unlimited sessions, daily reviews, advanced videos and special concierge services. Worth mentioning in Prestige FM review, that the minimum trade lot is only is only 10 lots.

Platinum account: The most advanced account with Prestige FM login for €100,000. To register such account, clients should contact the account manager directly.

At this Prestige FM review, we should mention that Prestige FM login doesn't offer demo account for traders. Also, for Muslim traders who want to trade by the Sharia law, Prestige FM login offers Islamic account that abides the Islamic laws.

Unlike other brokers, Prestige FM login doesn’t charge fees on withdrawals.

Prestige FM Trading Support

At Prestige FM review, the support service on Prestige FM login site is good, it offers support through Email, live chat and contact form 24/7. Prestige FM presents support to clients in only 2 languages (English and German) which is not enough in the Forex market, assuming they are in the process of adding new languages.

Education center at Prestige FM trading broker is basic with Ebook, educational videos, FAQ and glossary.

Prestige FM Scam

Finally in Prestige FM review, the €500 deposit is considered high for a novice who is just beginning his way in the Forex market, especially with the little features it offers. Although, Prestige FM broker assures that its minimum deposit is only €250, however, to register the bronze account, you need to deposit €500, a sign of Prestige FM scam maybe!! or it maybe just a glitch.

Also, the absence of the demo account, the 2 languages support service may be signs of scam, so caution is in order while registering and make sure to inquire about the Prestige FM scam whispers.