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Prizm FX

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Operating status: SCAM

Website: https://prizmfx.com/

Broker violations and abnormal records
  • 2023-08-16 BrokersView has Reviewed that Prizm FX is an Unregulated Broker

    According to its website, Prizm FX is located in UK. However there is no matching information was found in the Financial Conduct Authority FCA).

    The website of Prizm FX https://prizmfx.com/ is inaccessible, suggesting issues with the broker's reliability and resources. Please be aware of the risks involved and stay away from Prizm FX.

    The truth is that Prizm FX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    According to its website, Prizm FX is located in UK. However there is no matching information was found in the Financial Conduct Authority FCA).The website of Prizm FX https://prizmfx.com/ is inaccessible, suggesting issues with the broker's reliability and resources. Please be aware of the risks involved and stay away from Prizm FX.The truth is that Prizm FX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Related Complaints

Q&A

What is Prizm FX？

Bolarinwa Jacob Taiwo
Guadeloupe
2023-08-17
ANSWER Prizm FX, whose website is currently disabled, is a scam.According to BrokersView's records, Prizm FX used to claim to be based in the UK and our investigation into this platform confirmed that it fails to obtain authorization from the UK's financial watchdog, the Financial Conduct Authority (FCA), to legally provide trading services.The recent discover that its website is down lends weight to our conclusion that Prizm FX is a scam.Therefore, we strongly suggest investors stay away from Prizm FX. Once your money and personal information held by them, there are no rules in place to prevent fraud or theft. To mitigate such risks, it is advisable for investors to steer clear of unlicensed brokers and opt for a fully regulated one.
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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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