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PRIMHUB MARKET

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Operating status: SCAM

Website: https://primhubmarket.net/

Broker violations and abnormal records
  • 2023-07-23 The Spanish CNMV added PRIMHUB MARKET to its warning list

    On July 24, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added PRIMHUB MARKET to its warning list for providing investment services without authorization. https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1

    On July 24, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added PRIMHUB MARKET to its warning list for providing investment services without authorization. https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1
  • 2023-07-25 BrokersView has reviewed that PRIMHUB MARKET is an unregulated broker

    PRIMHUB MARKET displays a certificate issued by the US Registrar of Companies. It is crucial to note that the registrar is not empowered to issue licenses for forex trading and brokerage. We searched the registry of National Futures Association (NFA), revealing it is not a member of the NFA and thus not subject to the regulator's oversight. This means PRIMHUB MARKET is illegally operating.

    Additionally, the Comisión Nacional del Mercado de Valores (CNMV) has added PRIMHUB MARKET to its warning list for providing investment services without authorization.

    In essence, PRIMHUB MARKET 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. It is unequivocally a scam.

    PRIMHUB MARKET displays a certificate issued by the US Registrar of Companies. It is crucial to note that the registrar is not empowered to issue licenses for forex trading and brokerage. We searched the registry of National Futures Association (NFA), revealing it is not a member of the NFA and thus not subject to the regulator's oversight. This means PRIMHUB MARKET is illegally operating.Additionally, the Comisión Nacional del Mercado de Valores (CNMV) has added PRIMHUB MARKET to its warning list for providing investment services without authorization.In essence, PRIMHUB MARKET 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. It is unequivocally a scam.

Related Complaints

Q&A

Do they have islamic account?

izwan
Greece
2023-08-08
ANSWER PRIMHUB MARKET is not a licensed broker and thus we suggest you do not open an account with this fraudulent platform to avoid significant risks.PRIMHUB MARKET displays a certificate issued by the US Registrar of Companies. However, it is crucial to note that the registrar only serves as a corporate registry service provider and is not empowered to issue licenses for forex trading and brokerage. Since PRIMHUB MARKET claims to be registered in the US, it is required to be regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). However, our search for this company revealed that it is not a member of the NFA and thus not subject to the regulator's oversight. Consequently, its offerings of trading services are illegal.Additionally, the Comisión Nacional del Mercado de Valores (CNMV) has added PRIMHUB MARKET to its warning list for providing investment services without authorization.In conclusion, dealing with PRIMHUB MARKET is highly risky, as investors are exposed to financial losses and identity theft. Without regulatory oversight, there are no rules in place to protect investors from fraud or theft. Therefore, we strongly suggest investors stay away from unlicensed brokers like PRIMHUB MARKET and instead choose a fully regulated one.
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