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PRIME CAPITALPRO

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Operating status: SCAM

Website: https://prime-capitalpro.com/

Broker violations and abnormal records
  • 2023-10-24 The CNMV issued a Warning against PRIME CAPITALPRO

    On 23 October 2023, the Comisión Nacional del Mercado de Valores (CNMV) issued a warning that PRIME CAPITALPRO was providing financial services or products in the Spain without authorisation. You may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

    On 23 October 2023, the Comisión Nacional del Mercado de Valores (CNMV) issued a warning that PRIME CAPITALPRO was providing financial services or products in the Spain without authorisation. You may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
  • 2023-10-24 BrokersView has Reviewed that PRIME CAPITALPRO is an Unregulated Broker

    According to its website, it claims that regulated by Financial Conduct Authority (FCA). Upon investigation, there is no matching information was found in the regulator.

    In addition, the Comisión Nacional del Mercado de Valores (CNMV) is warning against PRIME CAPITALPRO was providing finacial services or products without authorisation.

    The truth is that PRIME CAPITALPRO is not regulated by any regulator. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws.

    Therefore, PRIME CAPITALPRO is a scam.

    According to its website, it claims that regulated by Financial Conduct Authority (FCA). Upon investigation, there is no matching information was found in the regulator.In addition, the Comisión Nacional del Mercado de Valores (CNMV) is warning against PRIME CAPITALPRO was providing finacial services or products without authorisation.The truth is that PRIME CAPITALPRO is not regulated by any regulator. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws.Therefore, PRIME CAPITALPRO is a scam.

Related Complaints

Q&A

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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