Do You Want to Know If PrimeFX.xm Is Legitimate or a Scam?
PrimeFX.xm is most likely a scam, but we have to preface this by saying Simplii Financial is legitimate. It seems that PrimeFX.xm is a clone of a real financial company. Scam brokers often adopt names that are similar to real financial organizations so they can try to convince people they are legitimate. However, a brief look at PrimeFX.xm and it’s clear that this isn’t a top-notch broker. There are typos in the headlines, it offers a mediocre trading platform and the terms and conditions are ridiculous.
What’s the Deal with PrimeFX.xm?
Many fake brokers use the legal and terms and conditions page to try to convince customers that they don’t have the right to complain. PrimeFX.xm’ legal page is very poorly written. Also, the broker claims that it has the right to close accounts based on suspicious activity. However, what is the broker going to claim is suspicious? We’ve heard complaints from many people who have lost access to accounts based on trivial reasons.
Here Are Some Problems with PrimeFX.xm
- No license
- No transparency
- Suspected clone broker
- Misleading statements
- Strange terms and conditions
- Numerous negative reviews
If You Need Fund Recovery from PrimeFX.xm, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, and work to track down your funds.
