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May I trade on PRIME CAPITALPRO?
Meldah Dube
Seychelles
2023-11-10
ANSWER No, you are advised against trading with PRIME CAPITALPRO. It lacks the required authorization to operate in forex trading and thus it is not a safe choice for traders.A forex broker in the UK must be authorized by the Financial Conduct Authority (FCA) before they are allowed to accept British investors. However, PRIME CAPITALPRO is not registered with the FCA. Without the FCA authorization, the mere registration with the Companies House (CH) is meaningless in the financial sector.What's more, PRIME CAPITALPRO has been added to the warning list of the Comisión Nacional del Mercado de Valores (CNMV) for providing financial services or products without the required authorization in Spain.Therefore, given its poor performance in regulatory compliance, it is strongly advised against trading with PRIME CAPITALPRO, or investors are exposed to fraud and identity theft, without regulations and rules to protect their interests. To minimize such risks, it is better to choose fully regulated ones.
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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.

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