简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Prime FX CFD is constantly grabbing headlines, but not for the right reasons. It has become an infamous name in the forex market, which, otherwise, has become the reason for many becoming financially independent globally. Investors have been taken for granted as scams keep happening. We have found some red flags with this scam forex broker. In this article, we will let you know about them. Keep reading!
Prime FX CFD is constantly grabbing headlines, but not for the right reasons. It has become an infamous name in the forex market, which, otherwise, has become the reason for many becoming financially independent globally. Investors have been taken for granted as scams keep happening. We have found some red flags with this scam forex broker. In this article, we will let you know about them. Keep reading!
The thing that instills confidence among forex traders is the broker being licensed. Surprise, but true, Prime CFX CFD is not licensed by any financial regulatory authority. So, the scams happening here are not a surprise. Unlicensed brokers often escape from disclosing necessary information about their offers, risks and operations to the regulatory authority. This allows them to present their too good to be true forex schemes to innocent investors. So, the first thing you need to do when finding an able forex broker partner is to check its licensing status. Only if the broker is licensed should you go ahead with it.
The officials at Prime FX CFD are busy calling customers rampantly just to get their trading account opened. Despite telling the official to stop calling, the investor receives calls and claims of high returns. But nothing comes. The funds that come to the account are often used by the company for illicit purposes. The screenshot below expresses the pain the customer faced due to incessant calls. Take a look.
This scam broker has duped investors using illicit means. Being unlicensed only allows it to carry on with this scamming activity. Check out this customer comment to know the company is not worth your investment.
A lack of regulatory license and unfair trade practices prompted us at WikiFX, the go-to app for forex broker regulation inquiry, to assign Prime FX CFD a score of just 1.30 out of 10. It reflects poorly on the Saint Lucia-based forex broker, which has been operating for a reasonable two to five years.
Something exciting, something rewarding for you!
WikiFX Masterminds has arrived!
Download now to grab exciting offers!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
On August 1, 2025, the SkyLine Judge Appreciation Dinner was successfully held in Kuala Lumpur, Malaysia. As the first WikiFX SkyLine event in Malaysia this year, the dinner not only aimed to express sincere gratitude to expert judges, partners, and industry representatives who have long supported the development of the SkyLine Judge Community but also facilitated in-depth discussions on the future direction of forex trading safety, financial education, and industry transparency.
Forex trading has become a critical game now because of advancements in technology. Due to this Unfortunately, scam brokers have also entered in the Forex market. Therefore, you need to stay alert. This article aims to warn all traders and investors. Read carefully and stay aware.
Discover how Forex4Money traps investors with fake profit promises and blocked withdrawals. Read real complaints and protect yourself from this unregulated forex scam.
There can be many ups and downs even for the world’s best forex traders. However, they remain undeterred in their vision to overcome the challenges that come their way. That’s why they form part of forex success stories that continue to inspire generations. One can inherit some lessons to be among successful currency traders. In this article, we will be sharing the lessons you can use to be successful in forex trading.