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Prime Group review primegroup.ltd Scam

February 4, 20245 min read

Read our Prime Group review to see if we recommend this broker for trading. Just to clear doubts, this is a primegroup.ltd review. How the project is searched:

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Is Prime Group Scam or Legit Broker?

In the world of investments and financial opportunities, it is crucial to be vigilant and carefully evaluate every project before making a decision. One project that has caught our attention and that we want to warn you about is the Prime Group company (by Prime Group reviews).

However, there are significant risks associated with fake brokers, and we want to warn you about the Prime Group project, which has been identified as an unregulated and unscrupulous broker. It’s essential to be aware of the signs indicating a fake broker and to avoid collaborating with such entities to protect your financial interests.

About Prime Group

Prime Group review – What the company says about itself: To be the leading global advocate of freedom by accelerating a transition to a more open and fair world. Inspired by the Bitcoin ethos, we’re devoted to building state of the art technology that enables people to transact and interact freely and effortlessly around the world.
Prime Group was born at the dawn of the Bitcoin revolution, and everything we do is focused on creating simple, dependable, and accessible technology that promotes freedom. Prime Group is authorised and regulated under the European Financial Security with reference number HE213757.

While it may seem enticing at first glance, this project is, in fact, a classic example of a scam project, which has the potential to bring you more loss than gain.

Prime Group review broker review stamp

Prime Group signs of a Fake Broker:

According to the presented results of ex-traders of this project, Prime Group review, which, by the way, are quite negative and unprofitable, the Prime Group company does not withdraw money, which, in principle, was quite expected and logical, also based on the previously mentioned provisions.

  1. Lack of Regulation: One of the major signs of a fake broker is the absence of proper regulation by financial authorities. Legitimate brokers are subject to strict rules and standards imposed by regulatory organizations.
  2. Unrealistic Promises: Fake brokers like Prime Group may make unrealistic promises of quick and substantial earnings to lure clients. These exaggerated promises should be treated with skepticism.
  3. Weak Contacts and Support: A fake broker may have poorly defined contact details and may avoid providing complete and transparent information about their services.
  4. Lack of Transparency: Transparency regarding fees, commissions, and the trading process is crucial. Fake brokers may hide this information or be evasive about it. (by Prime Group reviews)

primegroup.ltd disadvantages of collaborating with a Fake Broker:

Loss of Funds: Collaborating with a fake broker can expose you to the risk of losing significant investments, as they can manipulate trades to their advantage.

Theft of Personal Information: Fake brokers may request and use sensitive personal information for fraudulent purposes, such as identity theft.

Negative Experience: Collaborating with an unscrupulous broker can lead to a negative financial and emotional experience, with a loss of trust in the market and investments.

Prime Group Conclusion

Prime Group Review, primegroup.ltd Scam or Legit? In conclusion, avoid collaborating with the fake broker Prime Group and any other broker exhibiting signs of lack of regulation and transparency. Protect your financial interests and always choose legitimate and regulated brokers to ensure a safe and trustworthy investment experience.

How to Protect Yourself:

  • Check Licensing and Regulation: Always verify if the broker is authorized and regulated by a trusted financial authority.
  • Research Carefully: Conduct thorough research and read independent reviews to assess the broker’s reputation.
  • Be Skeptical: Be skeptical of unrealistic promises of earnings, and avoid collaborating with brokers pressuring you to make large deposits.
  • Request Information: Request complete and transparent information about fees, commissions, and trading regulations.

The overall rating

3.4Overall
Convenience of service 6
Withdrawal speed 2
Trading platform 3
License 1
Support work 5
The Summary

The overall trust rating for this broker is the average between the opinion of our independent expert and the ratings of users of this site.

Pros

Cons

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  • Not found
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  • Fake broker
  • Dangerous scammers
  • Fraud and money scam
  • Low project quality
  • Fake contact information

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2 Comments:

  • Adam

    March 5, 2024 / at 3:06 pm

    This broker has had cases of delays in the accrual of bonuses and promotions. They did not fulfill their obligations and violated the terms of the offers.

  • Thomas

    March 4, 2024 / at 5:25 pm

    One of the worst Broker I have come across in my 5 years of trading. They have eaten my 400 $ profit by big slippage in price. Platform will freeze very oftern to eat your profits. They seem to be scam, and stay away from this Broker.

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