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Prime Capital Trade

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Operating status: SCAM

Website: https://primecapitaltrade.com/

Broker violations and abnormal records
  • 2022-06-29 Brokersview has Reviewed that Prime Capital Trade is an Unregulated Forex Broker

    Prime Capital Trade claims to be a UK-based firm authorized by the Companies House of the United Kingdom (CH) with registration number: 12431618. We do find a match result to this registration number in CH. But please be informed that CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation.

    As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. However, we did not find any match results to Prime Capital Trade in FCA. That means Prime Capital Trade is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam. 

    Prime Capital Trade claims to be a UK-based firm authorized by the Companies House of the United Kingdom (CH) with registration number: 12431618. We do find a match result to this registration number in CH. But please be informed that CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation.As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. However, we did not find any match results to Prime Capital Trade in FCA. That means Prime Capital Trade is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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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:

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