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Prevail Markets

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2.0
(0 Review)

Founded: 2020 Min Deposit: 10 USD

Headquarters: Bahamas Max Lev: 1 : 500

Risk Level I

Prevail Markets is only registered with the SVG FSA, an authority not responsible for forex trading.

Score
Business Scope
0.0
Trading Cost
2.0
Trading Platforms
2.0
Support
2.0
Licence Status
SVG FSA 1215LLC2021
Registered
Contact
support@prevailmarkets.com
https://prevailmarkets.com/
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Profile
Headquarters Address
1 Incudesk, Old Fort Bay Plaza Nassau, New providence The Bahamas
Founded 2020
Broker Type
STP
Credit Profile No information
Trading Platforms
MT4
Mac,  Windows,  iOS,  Android
Contact
No Data
Others
Website Language
English
Customer Service By
Email
Supported Language
English

Related Complaints

Q&A

Can I have Islamic account in Prevail Markets？

Jahaga
Djibouti
2023-12-06
ANSWER We strongly advise against engaging with Prevail Markets, as it is an unlicensed forex broker.Despite its claims of registration with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), it's important to understand that this offshore financial watchdog has explicitly stated it does not issue licenses for, nor does it regulate, entities involved in forex trading and brokerage activities. This disclaimer indicates that Prevail Markets is not licensed in or from this jurisdiction, making its operations unlawful.Trading with Prevail Markets could potentially lead to fraud and identity theft. Many investors have unfortunately discovered that brokers only registered with the SVG FSA often exhibit poor regulatory compliance. Entrusting such brokers with funds and personal information carries significant risk. We recommend avoiding Prevail Markets and choosing fully regulated brokers instead.
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Overall Score

2.0
0 Review
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.