Do You Want to Know If PrimeTrade247 Is Legitimate or a Scam?
PrimeTrade247 seems like a legitimate broker and says it offers 2,500 trading assets and the newest styles of trading, including copy trading, social trading, and cloud mining. In addition, traders can use MetaTrader 4 which is a highly popular trading platform. All of this may sound fine, but the problem with PrimeTrade247 is not with what it mentions, but what it omits.
There Are Some Problems with PrimeTrade247
PrimeTrade247 does not say anything about regulation or whether or not it has a license. This is a very bad sign. There is also no information about the people who run this brokerage. Any legitimate broker should discuss its licenses and reveal who runs it. There is no reason to start an account with PrimeTrade247. It also encourages users to “multiply their income” which is not reassuring–people should think of trading as income but should only trade with money they can afford to lose.
Red Flags that PrimeTrade247 Could Be a Scam
- No license
- No transparency
- False claims
- Bad reviews
If You Need Fund Recovery from PrimeTrade247, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with PrimeTrade247 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, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.
