Warning: Is Prime Markets a Scam?

Is Prime Markets (primemarkets.com) a Scam?

Our analysts urge you to avoid Prime Markets (primemarkets.com).

We found that the company name is Emerald Edu Group LTD, it is located at 43 Greatport Land Street, London, England W1W7LA, the phone number is '+447893928242, and the support email is support@primemarkets.com.

Prime Markets appears to be a financial provider, but it is currently unregulated by any major financial regulator.

Cannot Withdraw from Prime Markets?

If you think you were tricked by Prime Markets, act now. Submit the inquiry below to speak with our recovery team for a no-obligation assessment.

Can You Trust Prime Markets?

The major red flag is that Prime Markets (primemarkets.com) has no license from a credible authority.

Trading with unregulated brokers is very unsafe. Legitimate firms are must be licensed with agencies like the FINRA or FCA to protect investors.

Prime Markets lacks this supervision. As a result, there is no protection if they withhold your money. Most online scams involve unlicensed entities, and recovering funds from them is challenging without expert help.

For example, in the UK, unlicensed firms are not covered by the Financial Ombudsman. In the US, they are not part of SIPC, meaning your money is completely exposed.

Warning Signs of Prime Markets

Online trading fraud is evolving. Scammers use psychological tricks to take your savings. Below are common tactics used by sites similar to Prime Markets (primemarkets.com).

The "Romance" Trap

The "Romance Scam" is a cruel method where scammers groom victims over months. They fake a friendship on social media. Eventually, they mention a special crypto opportunity. It is a lie to get you onto a fake platform like Prime Markets.

Fake Trading Dashboards

Scammers build websites that look exactly like real trading apps. You see graphs and profits that go up. But it is a simulation. The scammer controls the numbers to convince you to deposit more. When you try to withdraw, the "profits" disappear.

Other Warning Signs

• Cold Calling: You get calls from "brokers" out of the blue.
• Unregulated: The firm has no legal registration.
• Guaranteed Profits: They promise 1% daily returns with no risk.
• Withdrawal Issues: You cannot get your money out. They demand "tax fees" before releasing funds.
• Pressure Tactics: Agents push you to deposit more.

Do not trust positive ratings. Scammers frequently post their own positive reviews to appear real.

Conclusion

Our verdict is to avoid Prime Markets. It appears to be a fraud. Save your funds and use a regulated broker. Avoid primemarkets.com at all costs.