BP PRIME Broker Reviews and Full Information

What is BP Prime?

It is BP Prime is an abbreviation and trade name for Black Pearl Securities Limited. Black Pearl Securities Limited, the business was established in London and the UK with the help of Forex specialists trading professionals and experts in the year 2013. The company has a strong partnership with technology companies as well as liquidity providers to be a reliable supplier to professional, private and institutional customers and serves clients throughout Europe, Asia and South America with additional offices that operate with offices in Italy as well as China.

The model is an attractive offering that is an amalgamation of technologies, tight pricing with market depth , and the most exceptional customer service. In addition, the most competitive commissions as well as the safe and low-latency execution was designed to satisfy the needs of elite trading tools that offer white label options.

10 Points Summary

Instruments

The variety of trading instruments, including the online services to trade forex, Cryptocurrencies, CFDs and commodities that are linked to market-leading aggregation. There are also over 10 CFDs that are index-based accessible through the FIX API. API prices are the option of negotiating and based on volume price for institutional clients.

Education

The unique and integrated value creates an outstanding connection among BP Prime and its clients. Alongside the multiple-sided training that gives a profound understanding of trading techniques, strategies technology, psychology and technology through the official UK Government materials, the company is also working closely with its client.

Do you think BP Prime safe or a fraud?

BP Prime is a fully licensed and licensed brokerage firm that is governed by the world's most respected Financial Conduct Authority (FCA, UK), which means it is safe trading with BP Prime. The regulation above is an independent authority, providing security and confidence to customers, and ensuring complete conformity with the financial services operating guidelines and continuously monitoring the business.

The normative requirement of the regulation includes strict compliance with capital adequacy requirements with approved risk management, accounting , and audits as well as fair and honest management of clients.

Security of the financial system is the top of the list for any business that is regulated. This can be proven through audits by the regulator. The risks posed by the mark are evaluated by the regulator and the funds are secured by separate, segregated accounts in the most reputable banks. This means that the business cannot make use of the money of the client to benefit itself and, in addition, the money that is always secure and protected by the United Kingdom's Financial Services Compensation Scheme (FSCS).

Trading Platforms

Now let's take an examination of BP prime, one of the strengths, BP PRIME' technology solutions that can improve the performance of trading while maintaining an eye on risk management.

All clients have access to a variety of customized liquidity pools which include the feeds for bank and non-bank relationships and Electronic Communication Networks (ECN) via third-party world top trading platforms or via GUI, FIX API.

Together with this, BP Prime MT4 terminal is a great program for trading because it gives you a flexible and useful tool that can assist you in making making the right decision. Financial instruments are represented in an one concept, combining the most well-known automated strategies, EAs and a wide range of orders and types that can be directly placed via Market Watch.

The entire spectrum of functions, as well as built-in functions that help to simplify the approach with simple and easy use.

Additionally, there is an array of other prime level tools that can enhance trading capabilities, as well as decision aid and applications that incorporate Trading Indicators, Stealth Orders, Trader Terminals, Tick Chart Trader, Sentiment Trader, Correlation Matrix and many other. All in all, because of the unique combination of personal attention and technology, BP PRIME is capable of meeting the needs for the highest-end customers.

Accounts

The types of accounts that are offered at BP premier are classified according to the type of customer and trading conditions are defined and customized according to the requirements and demands. In general, Private Clients can join for just a modest amount of 500dollars and gain access to the STP variety of trading instruments and the many benefits of technology from the firm and price competitiveness.

Fees

The BP Prime spread varies according to the type of account and the type of account, but the typical spread for EUR/USD is 0.3 pip and commodities are have small margins of 0.5 percent. Standard Account and Pro Account Standard Account and Pro Account costs are all integrated into the adjustable spread and the Prime Account offers lower spread but comes with a commission per transaction. In general, BP prime spreads one of the lowest spreads among the top providers and you can view an overview of spreads below. Also, take a look at the spread on IG using clicking the hyperlink.

Leverage

When trading using BP Prime you are offered the option of leverage that is a type of loan that is arranged by the broker in order to enhance your trading. Leverage can bring enormous possibilities and better returns but it should be utilized wisely because it is a potential to increase risk too.

• So, regulations on both the UK and Europe restrict the leverage limits for retail traders, but only up to the maximum of 1:30 for major currency pairs. However, professional traders are able to request higher leverage to 1:100 in Forex instruments.

Deposit and Withdrawal Methods

For payment methods, BP Prime supports the most popular options like Credit and debit Cards operations and also the option to utilize VPay's Neteller..

But, BP Prime reserves the possibility of passing on any charges incurred as a result of any payment system or in instances of currency exchange and transactions made with credit cards However, it is no specific cost by the broker for the payment processing.

Minimum deposit

The minimum amounts for deposits are divided in accordance with the trading accounts. Thus, Standard account needs only 500$ for the initial deposit while the Pro Account will require 5000$ and the Prime account 10,000$ and so on.

Conclusion

This BP Prime review shows the UK based brokerage firm which is completely regulated by the world-renowned FCA and offers unbeatable trading services within a secure environment. The Broker is operating under a 100 100% agency model, meaning that there aren't any holding position or conflict of interests as customers place their orders using the STP or the NDD model.

A large variety of currencies, quick execution with flexible leverage, minimal spreads and an exclusive global coverage provide truly comprehensive trading options and helps traders who are ahead of the crowd can even grow. This is why BP Prime is recommended as an outstanding brokerage, specifically for professionals and those who trade larger sizes and require the most advanced technology.

But it's good to share your opinions about BP Prime. You may submit your feedback in the comments section below, or contact us for additional details.