Primexbtpro Review: Primexbtpro.com a Bogus Broker

Primexbtpro is a forex trading company. They purport to have tight spreads and lower commissions. You can start trading immediately with this firm. Investors can trade CFDs and other risks.

Once you visit this website, you will see pops of clients that have recently withdrawn funds. The payouts are immense. However, scammers tend to manipulate information to win over clients.

Primexbtpro is a shady entity that is based in an offshore location. Trading with them will only lead to you making losses. Their team analyzes the market on behalf of their clients. Therefore, you will be making an informed decision.

You can trade manually or even best copy the trade of top investors in the market. Additionally, there are several trading bots. You can hence trade with accuracy without any fear. If you want to make, decent returns find the best brokers.

Try out some of the top brokers in the market. You will not regret entrusting your money to them. Investors enjoy fund safety from licensed entities. Additionally, they are treated in a professional manner. Invest with transparent and genuine forex trading firms only.

Primexbtpro.com Review

The broker avails Forex, Indices, Shares, EFTs, Metals and Energies, and cryptocurrency. You can exploit multiple currency pairs. Some of them are BTC/USD. The trading interface that you can use is Trade.

Primexbtpro avails free trading signals to their clients. Investors can utilize the feature by verifying their analysis with the availed signals. The entity brags it is among the leading brokers in the market.

Nonetheless, there is no available proof to ascertain their claims. It would be best if the venture provides its trading results. The firm is also allegedly using the latest technology in the industry.

We would love to see the accuracy of their trading software. They also boast about winning an award in 2018 for the best broker. They leave out essential data like the organization that awarded them the trophy.

Moreover, how could they have won an award in 2018, yet the company was established in March 2021. They lack all the wonderful quality of a legit firm. You should not invest with them.

The Team and Corporate Managing Primexbtpro

The company has chosen to remain discreet. We do not even know their country of origin. The platform is bogus and unworthy of investors’ trust. How can you trust a venture that does not disclose the people managing your funds?

Primexbtpro does not feature the pictures of their fund managers, analysts, or financial offices. Additionally, we also do not know whether they are qualified. Instead of wasting your time with a shady firm, looks for another reliable platform.

Trading Conditions of Primexbtpro

The firm does not have an active trading platform. This is enough proof that there are no trading activities taking place. How are their clients going to trade? The venture is trying to appear legit, but the evidence we are getting suggests otherwise.

If you want to start trading forex, we recommend finding a broker offering a MetaTrader interface. Despite the company not trading, they still claim to offer a leverage of 1:500 and a spread of 0 pips.

Some investors might see high leverage as a benefit. However, if you do not have the skills, we suggest that you stick to a small-cap. Additionally, since the legitimacy of this firm is in question, avoid giving them the benefit of the doubt.

Furthermore, the FCA, which is the regulatory body of the UK, permits leverage of 1:30. The NFA and the Canadian government allow a 1:50. They do this to protect their citizens.

Primexbtpro does not have a term and condition policy. Therefore, they are not guided by any rules in the industry. They can exploit their clients by charging hefty charges. Additionally, they can refuse to process your withdrawal requests.

The account inactivity requirements info is not available. It is impossible to know whether they are charging any fees. Their bonuses request is also missing—the reason why scammers leave critical information to get more funds from their clients.

Withdrawal and Deposits

Primexbtpro is only after getting access to their naïve clients. The minimum amount to deposit is $1. However, this is not a reason to deposit funds with this venture. Additionally, the payment methods available are shady.

They are only accepting money via ETH and BTC. Despite cryptos being, the future scammers misuse their instantaneous transaction of funds and anonymity to their benefit.

Hence, once you deposit money, that will be the end of it. You cannot recover your money after depositing. The wallet that receives the money is from an unknown person.

If you want to deposit with cryptocurrency, make sure that it’s a company that is licensed. Moreover, we do not know the minimum amount to cash out or whether there are fees.

Regulation and Registration

Primexbtpro fails to mention its regulatory status. The company does not hide the fact that it is an illegal venture. They will leave you high and dry. The broker is accepting funds from clients all over the world.

Therefore, the website should be decorated with licenses. Governments in the world protect their citizens against fraudsters by implementing strict rules. A company must have a substantial amount of funds as capital in its name to receive a license.

The trading conditions of the broker must also look at the needs of clients. Primexbtpro customers will not enjoy the security of funds. Additionally, the firm does not work with a bank.

There is no segregation of money. Therefore, the chances of the money going directly into the scammers’ accounts are high. Avoid offshore entities that lack transparency. Moreover, the firm is also dealing with binary options assets that are very dangerous.

Clients Feedback

Primexbtpro does not have clients’ feedback. The leverage and zero spread that the venture advertises enough to get them more customers. Additionally, the entity states that it has won multiple awards.

We find it weird that nobody has endorsed them. The traffic visiting the platform proves that investors are not interested in the services of this bogus scheme. We recommend that you stay away from them.

Ponzi schemes go a further mile of hiring random people to endorse them. The information is misleading, and you can trust them only to get bad results. Yu heed to see the trading results of an entity before depositing your cash.

Primexbtpro is a broker that you should not give them the benefit of the doubt. You will only make the people running this scam rich. The lack of testimonials is enough proof that this is a Ponzi scheme.

Final Verdict

Primexbtpro is a broker that does not have a license. They lie about their history in the market. Trading with an offshore entity that does not disclose its location puts you at greater risk.

They do not have a policy guiding them. The trading conditions are fishy and indicate the platform is to no good. They are also anonymous and violate the guidelines of several financial watchdogs in the industry.

Ensure that the company you trade with is transparent. The top-best ventures in the industry only have one intention, which is to help investors succeed. Their support team is readily available and professional. Sign up today and get the best results.

 

Tags: Primexbtpro Scam Review, Primexbtpro.com Review