We have lowered our spreads

Register for free webinars

Professional Trading Account

Award winner

Ready to get started?

Our products, your rules


Trade over 40 currency pairs with
spreads from 0.7 on EURUSD


Get access to your favourite precious
metals with STP execution


Be part of the global phenomenon
with our range of cryptos

The original platform

Market Leading Prices with Premium MT4 Trading

  • Choose from over 50 inbuilt indicators
  • Trade on mobile, tablet and desktop
  • Programme your own Expert Advisors
  • Implement your own trading strategy
  • Enjoy an easy to use interface 


Read More

Never miss an opportunity

Market Analysis

Has having had the world’s reserve currency allowed the US to make too many policy mistakes?

The US government has executed three significant policy mistakes since late 2017. In December that year, Congress cut taxes just as the US economy reached full employment. Then, in April 2018, the Federal Reserve turned hawkish as it misjudged the temporary sugar high from the tax cut for higher trend growth. A month afterwards, President Donald Trump abandoned America’s abiding commitment to free trade by levying an extensive assortment of duties on Chinese imports. Despite these policy blunders, the currency went up. If any other country had played the same game, it would have been punished in currency markets and devalued by credit rating agencies.

Why can the US act in this manner with plain impunity in the markets? The answer rests on the dollar’s stature as the world’s pre-eminent global reserve currency. Such a position is like insurance – it ensures access to funds in rough moments. The US can access finance even when it causes crises as in 2008-09. It likewise controls the extent of its own insurance payout by setting the number of Treasuries it issues.

Whilst financial controls also assist in the currency’s exceptional prominence with US government bonds are given a 0 percent risk assessment under Basel III because they are considered risk free. Whilst rating agencies do their part by allowing higher valuations to the US bonds than to bonds in less beholden, quicker growth countries without reserve currency status. The piece de la resistance: central banks earmark over 60 percent of the world’s $11tn of forex reserves solely to the dollar. However, these immense advantages do not ensure that the dollar, a floating currency since October 1976, will maintain its power. The policy mistakes since late 2017 now weigh on the dollar, which is down this year despite European and Chinese economic vulnerability.

If the US slowdown becomes more intense, there may be more near-term support for the Swiss franc, Japanese yen, gold and even crypto currencies. At root, the dollar’s reserve currency status depends on American willingness and ability to lead.As America shrinks from global leadership, it is prudent that all investors begin to take currency diversification far more seriously than they have done in recent years.

Read More

Economic Calendar

Trade with confidence

BP Prime was founded in 2013 as Black Pearl Securities Limited with the aim to transform online trading, by creating a world-leading experience that our clients can trust. We are headquartered in London, with operational offices in Italy and China.

The company has a client base across Europe, Asia and South America, offering its expertise and advanced systems for both retail and institutional clients.

  • Regulated and trusted broker
  • Dedicated customer support 24/6
  • Competitive spreads and commission
  • Non-dealing desk
  • Fast execution and low latency

Learn more about the markets

Find your trading edge with our educational resources


Understand which drivers are moving the markets and identify the best trading opportunities together with Alessandro Bonetti, Chief Market Analyst for BP Prime.

Educational Courses

Take your knowledge further with our choice of accredited financial courses, backed by the UK government and recognised globally.

A broker you can count on

Regulated and trusted broker

Non-dealing desk

Dedicated customer support 24/6