Hello fellow Forex traders! Today, we want to shed light on a forex broker that has raised multiple red flags and has left many traders disappointed and financially harmed. We urge you to exercise caution and avoid FX Praime (fxpraime.com) at all costs. In this post, we will outline the reasons why this broker should not be trusted, offer assistance for those who have fallen victim to their deceit, and provide guidance on how to avoid similar scams in the future.
If you have been scammed, send us an e-mail to [email protected] and we will help you return your moneyWhy is this broker a Scam?
- Recent Domain Purchase by Scammers: It has come to our attention that the domain of FX Praime (fxpraime.com) was recently acquired by scammers. This raises serious concerns about the legitimacy and intentions of the broker.
- Virus Concerns: A thorough virus check conducted on the broker's website revealed the presence of two potential concerns. This indicates a lack of security measures and raises doubts about the safety of your personal and financial information.
- Low Scam Detector Score: FX Praime (fxpraime.com) has received an abysmal 1/100 score on Scam Detector, a renowned platform that evaluates the trustworthiness of websites. This score is a strong indication that this broker cannot be relied upon.
- Absence of Positive Reviews: A quick search on Trustpilot, a trusted review platform, reveals a distressing fact: there are no positive reviews about FX Praime (fxpraime.com). This lack of positive feedback is a clear warning sign that this broker fails to deliver satisfactory services to its clients.
- Unregulated by FCA and CFTS: FX Praime (fxpraime.com) is not regulated by reputable financial authorities such as the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CFTS). This lack of regulation exposes traders to unnecessary risks and leaves them without proper channels for redress in case of disputes.
If you have fallen victim to FX Praime (fxpraime.com) and have lost funds, we are here to assist you in recovering your money. Our team of experts specializes in dealing with forex scams and can guide you through the process of filing complaints and seeking legal action, if necessary. Don't suffer in silence; reach out to us for support.
What Should You Do to Avoid Such Brokers?
To protect yourself from scams like FX Praime (fxpraime.com), it is crucial to conduct thorough research before choosing a forex broker. Here are some steps you can take:
- Regulatory Check: Ensure that the broker is regulated by reputable financial authorities. This adds a layer of security and accountability.
- Review Platforms: Read reviews and ratings from reliable sources such as Trustpilot. Positive feedback from fellow traders can provide valuable insights into a broker's reputation.
- Security Measures: Check for SSL encryption, secure payment gateways, and other security features on the broker's website. This helps safeguard your personal and financial information.
- Customer Support: Test the responsiveness and reliability of the broker's customer support team. Prompt and helpful assistance is crucial, especially during times of uncertainty or issues with your trading account.
Remember, due diligence is key to protecting your hard-earned money in the forex market. Stay vigilant, and together we can create a safer trading environment for all. Stay safe and trade wisely.