Prime Coin Invest Review

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Prime Coin Invest

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Want to Trade with Prime Coin Invest? Read This First!

PrimeCoin is the name of a cryptocurrency produced from math problems solving prime numbers. However, this review isn’t about PrimeCoin the currency, but PrimeCoin the broker. Perhaps one of the reasons this broker adopted this name was to make people think of the cryptocurrency. However, in its own right, Prime Coin has many issues that can cause concern. First, it isn’t regulated by any reliable organization. Second, it has been the subject of a warning by the Financial Conduct Authority or FCA. It has been signing up UK customers (and probably others too) without a license. 

Is Prime Coin a Scam or Legitimate? 

Prime Coin doesn’t offer cutting edge trading software as it claims. It has its own Web-based platform rather than MetaTrader 4 or 5. In addition, Its pips are very high at 3. Anything over 1.5 is considered excessive. Deposits are very high at $250–the usual amount is less than half. Also, Prime Coin offers terribly high fees when customers want to withdraw their money. They also offer fake bonuses, but only when customers have made a certain number of trades. When it comes to signs of scam brokers, Prime Coin checks off every box. 

We Found Problems with Prime Coin: 

  • Not regulated
  • Flagged by the FCA
  • Negative reviews
  • No transparency. 
  • No contact information

What You Should Do If You Have an Account with Prime Coin? 

You should close your account immediately and demand a withdrawal. If you do not receive a withdrawal, contact Broker Complaint Registry experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!