Price Prime Fx claims to be regulated, but it doesn't provide any specific information regarding its regulatory status. The absence of regulatory oversight is a red flag.
While it claims to be located in the UK, this company has been red-flagged by the Financial Conduct Authority (FCA) as an unauthorized entity in this country. This non-compliance suggests a potential fraud scheme.
In essence, Price Prime Fx is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Price Prime Fx appears to be a scam.
Price Prime Fx claims to be regulated, but it doesn't provide any specific information regarding its regulatory status. The absence of regulatory oversight is a red flag.While it claims to be located in the UK, this company has been red-flagged by the Financial Conduct Authority (FCA) as an unauthorized entity in this country. This non-compliance suggests a potential fraud scheme.In essence, Price Prime Fx is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Price Prime Fx appears to be a scam.