General Information
Prevail FX Bills Itself As A Leading Online Trading Provider Founded In St. Vincent And The Grenadines In 2020. It Offers Clients A Globally Popular Trading Platform, Leverage Up To 1:500, Variable Low Spreads And Commissions On Over 100 Tradable Assets, As Well As A Choice Of Three Real Account Types.
Market Tools
Prevail FX Advertises Its Offer Of Over 100 Trading Instruments, Including 55 Currencies, 73 Stocks, 38 Cryptocurrencies, Forex, Indices, Commodities. Some Other Trading Assets Such As Precious Metals Such As Gold, Oil And Energy Are Also Offered.
Account Types
Three Different Real Trading Accounts Prevail FX Are Available, In Addition To Demo Accounts, Namely Standard Account, Professional Account And VIP Account. Opening A Standard Account Requires A Minimum Initial Deposit Of $50, While The Other Two Accounts Require A Higher Initial Capital Of $250 And $5,000, Respectively.
Leverage
Traders Holding Different Account Types Can Enjoy Different Maximum Leverage Ratios. Clients With Standard Or Pro Accounts Enjoy Leverage Of Up To 1:500, While VIP Accounts Have Leverage Of Up To 1:250. Please Note That Excessive Leverage Is Not Always Beneficial To The Trader Due To Its Constant Gains And Losses.
Spreads And Commissions
Different Account Types Come With Different Spreads And Commissions. Spreads Start At 1.5 Pips For A Standard Account With A Commission Of $7 Per Lot, Professional Accounts Start At 0.4 Pips With A Commission Of $8 Per Lot, And VIP Accounts Start At 0.0 Pips With A Commission Of $4 Per Lot. Please Note That If You Successfully Invite A Trader, You Will Receive A Commission Of $5 Per Lot On The Classic Account And $2 Per Lot On ECN Pro, While The VIP Account Comes From Every Trade Made By Your Client.
Trading Platform
In Terms Of Available Trading Platforms, Prevail FX Says That It Offers The Famous And Easy-to-use Metatrader4 Platform, Which Is Available For Windows, Os X, Ios And Android, And Has A Rich And User-friendly Interface.
Deposits And Withdrawals
Prevail FX Seems To Accept Payments Via Bank And Credit/debit Cards. Please Note That It Will Process Withdrawals Through The Same Methods You Use For Deposits. As Shown On Its Official Website FAQ Interface, It Claims That There May Be Some Deposit And Withdrawal Fees Which Vary Depending On The Different Payment Methods. As For Withdrawal Processing Times, It States That Usually Withdrawal Requests Are Processed Within 24 Hours Of The Working Day. Bank Withdrawals Can Take Between 3 And 7 Working Days To Be Seen On The Customer's Account, While Credit/debit Card Withdrawals Take More Time And Take Around 8 Working Days.
Customer Support
You Can Contact Prevail FX By Phone: + 447184049362, Email: Support@prevailfx.com. In Addition, You Can Also Follow It On Some Popular Social Media Platforms Like Instagram. Company Address: Suite 305, Griffith Corporate Centre, Beachmont, Po Box 1510, Kingstown, St. Vincent And The Grenadines.
