Prestige.FM is a relatively new binary broker that is also regulated by CySEC. Their mission is to provide the best trading experience for users who are just beginning to trade, but also for those that are already experienced and established traders in the binary world. In Prestige.FM review, traders will find more details about this interesting broker.
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In order to be competitive on the market, every broker has to create appealing accounts with benefits that traders will find useful, and Prestige.FM created five accounts with hope to become more popular among traders. In Prestige.FM review was noted, how this broker has 5 different accounts in its portfolio.
These accounts are a great variety to choose from, however, there aren’t any benefits listed with Platinum Account. This may be repulsive for traders who want to know all necessary information without contacting an account manager or customer support first. Also, deposit limits are fairly high compared to other brokers. The cheapest account still costs $500 in deposit money, twice as much as with many other brokers.
The maximum returns is around 88%, but when using Strategix, goes up to 320%.
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Prestige.FM review proved that this broker is using the TradeSmarter platform. This platform is not seen very often among brokers, but it doesn’t mean it is inferior. Traders can enjoy easy and insightful binary trading thanks to the great overview the platform provides.
Prestige.FM also provides a mobile app for modern traders who prefer to trade from the phone. The mobile app has a somewhat different design, adjusted to the smaller screen. Traders can use simplified or advanced screening, depending on how much data they want to see, and how detailed-oriented they are. It supports 14 languages and social trading as well.
The entire Prestige.FM website is easy to navigate thanks to tabs and drop-down menus. The number of options available is a bit limited, as traders can only enjoy turbo options, pairs, strategix and high and low trades.
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During the Prestige.FM review was found out how this broker has a website available in German, English and French. This will definitely be interesting to traders all over the world, who don’t speak English and prefer other languages instead.
Customer support that Prestige.FM provides is more than sufficient. Traders can choose live chat, online form on the website, phone and email, even though it is mentioned on the website that email is used mostly for providing general info. During Prestige.FM live chat functionality has been tested, and results were really surprising: writers got proper and precise information within minutes.
Prestige.FM also has a Training center that can help traders expand their knowledge. It integrates webinars, literature, videos and glossary, but most of the materials are available for traders who made a deposit only.
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When it comes to payment methods, Prestige.FM has many services and possibilities available. It is important to accentuate in this review how the broker provides interesting payment methods of all kinds:
Minimum deposit amount for these methods is $100, with the exception of bank wire where minimum deposit is $500. There is no minimum Prestige.FM withdrawal limitation, which is great news, and no additional fees are charged by the broker. However, fees are always possible from the third party (bank, card holder etc).
Online payments and wire transfer withdrawals are processed within 5 working days while credit card withdrawals are processed within 10 days. Make sure that the account is properly verified with requested documents before making a withdrawal request.
The broker is in the ownership of Media Options LTD.
We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!
