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Eight Prime

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Operating status: SCAM

Website: https://eightprime-fx.com/

Broker violations and abnormal records
  • 2022-01-18 BrokersView has reviewed that Eight Prime is an Unregulated Forex Broker

    Vewing its homepage, we found Eight Prime is completely anonymous and a risk to all. Why? Except its email information, the firm’s contact information, including phone and address, is currently not available. Besides, there is no legal documents including “Terms and Conditions” or “Regulation” documents. In other words, it helps confirm the company is not a regulated broker because it does not list any regulatory certifications or governmental registration to prove so. As a trader, you have to know the basic: a company that offers financial services must give a detailed contact information including address, phone, and email, etc. Under these circumstances, you can’t reach the firm’s phone number, verify its locations, and can’t confirm in any other way whether the broker is authorized to offer forex trading service or not, so that’s most likely a fraud. Anonymous brokers cannot be traced, which means that once invested, your money will be lost. Therefore, it is a scam.

    Vewing its homepage, we found Eight Prime is completely anonymous and a risk to all. Why? Except its email information, the firm’s contact information, including phone and address, is currently not available. Besides, there is no legal documents including “Terms and Conditions” or “Regulation” documents. In other words, it helps confirm the company is not a regulated broker because it does not list any regulatory certifications or governmental registration to prove so. As a trader, you have to know the basic: a company that offers financial services must give a detailed contact information including address, phone, and email, etc. Under these circumstances, you can’t reach the firm’s phone number, verify its locations, and can’t confirm in any other way whether the broker is authorized to offer forex trading service or not, so that’s most likely a fraud. Anonymous brokers cannot be traced, which means that once invested, your money will be lost. Therefore, it is a scam.
  • 2022-07-07 BrokersView has found that Eight Prime is not working

    On 8 Jul 2022, BrokersView found the domain https://eightprime-fx.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    On 8 Jul 2022, BrokersView found the domain https://eightprime-fx.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Related Complaints

Q&A

Could you please check this broker and provide me with more trading details?

Javed
Indonesia
2022-01-21
ANSWER Eight Prime is not a legit broker and should be avoided at all events. Vewing its homepage, we found Eight Prime is completely anonymous and a risk to all. Why? Except its email information, the firm's contact information, including phone and address, is currently not available. Besides, there is no legal documents including “Terms and Conditions” or “Regulation” documents. In other words, it helps confirm the company is not a regulated broker because it does not list any regulatory certifications or governmental registration to prove so. As a trader, you have to know the basic: a company that offers financial services must give a detailed contact information including address, phone, and email, etc. Under these circumstances, you can't reach the firm's phone number, verify its locations, and can't confirm in any other way whether the broker is authorized to offer forex trading service or not, so that's most likely a fraud. According to the information presented on its MT5 software, this broker is owned by Eight Prime Global Limited, a company located in the UK. However, we didn't find any information about its regulation from the UK's Financial Conduct Authority (FCA). So Eight Prime is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam. We would recommend traders to stay away from unregulated brokers like Eight Prime and trade with licensed brokers.
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2 comments

mbinkar emmanuel
Eight prime global scam me for £97800 of my life savings, blocked me and dissappeared with my profit.I invested in eight prime global limited from 03 November 2021, after entice to do so by a Hongkong Badoo girl called Alice. I made a profit of about 1.2 million over a period of three months in activity level of £100,000, but when I wanted to withdraw, after completing the activity level , eight prime blocked from my account and declined responding to my mails. I now realised this criminal company is running a Ponzi scheme and destroying people's life. Please avoid them
2023-03-03
Reply
mbinkar emmanuel
Eight prime global scam me for £97800 of my life savings, blocked me and dissappeared with my profit.I invested in eight prime global limited from 03 November 2021, after entice to do so by a Hongkong Badoo girl called Alice. I made a profit of about 1.2 million over a period of three months in activity level of £100,000, but when I wanted to withdraw, after completing the activity level , eight prime blocked from my account and declined responding to my mails. I now realised this criminal company is running a Ponzi scheme and destroying people's life. Please avoid them
2023-03-03
Reply
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