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PRIMOBULL

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Operating status: SCAM

Website: https://www.primobulls.com/

Broker violations and abnormal records
  • 2024-11-07 The FCA issues a warning against PRIMOBULL

    On November 8, 2024, the Financial Conduct Authority (FCA) issued a warning against PRIMOBULL, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/primobull

    On November 8, 2024, the Financial Conduct Authority (FCA) issued a warning against PRIMOBULL, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/primobull
  • 2024-11-12 BrokersView has reviewed that PRIMOBULL is an unregulated broker

    According to its website, it claims to be established in 2007 and is located in the UK. Upon investigation, we found that its domain name was only established in 2023, and the Financial Conduct Authority (FCA) issued a warning against PRIMOBULL, believing this company might be providing financial services or products without proper authorization in the UK. 

    In essence, PRIMOBULL is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    PRIMOBULL appears to be a scam.

    According to its website, it claims to be established in 2007 and is located in the UK. Upon investigation, we found that its domain name was only established in 2023, and the Financial Conduct Authority (FCA) issued a warning against PRIMOBULL, believing this company might be providing financial services or products without proper authorization in the UK. In essence, PRIMOBULL is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.PRIMOBULL appears to be a scam.

Related Complaints

Q&A

SCAM PRIMOBULL?!

Saaly Pratt
Georgia
2024-12-04
ANSWER Dear Investor, Thank you for reaching out to us. PRIMOBULL is indeed a scam. This website, registered in late 2023, claims to have been founded in 2007. Despite its claims of being domiciled in the UK, it has been marked by the Financial Conduct Authority (FCA), the UK's major financial regulator, as an unauthorized firm. This is a significant red flag. Therefore, we strongly suggest investors follow the FCA's advice and stay away from PRIMOBULL. If you need our assistance, do not hesitate to contact us.
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Is it safe to trade with PRIMOBULL?

amol bire
Germany
2024-11-13
ANSWER Dear Investor,We've researched PRIMOBULL and have concerns that it may be a scam.Despite its domain being registered in late 2023, the broker claims to have been in business since 2007. This inconsistency is a significant red flag. While PRIMOBULL purports to be based in the UK, the provided address is suspicious. The major British financial regulator, the Financial Conduct Authority (FCA), has issued a warning against PRIMOBULL for lacking the required authorization.Therefore, PRIMOBULL is providing financial services or products without proper authorization, and we have reasons to believe it is a scam. We strongly suggest you avoid using PRIMOBULL to protect yourself from potential fraud.
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