The Official Website Of PrimeMarketCap Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-07-26 Spain CNMV Adds PrimeMarketCap To The Warning List
On July 26, 2022, The Spanish National Trade Commission (CNMV) Issued A Warning That PrimeMarketCap Provides Investment Services In Spain Without Authorization. You Can Visit The Following Website For Details: Http://www.cnmv.es/Portal/verDoc.axd?t = {c0cb303c-297f-4ef1-b185-52cf458f807d}
2022-07-27 We Have Reviewed And Confirmed That PrimeMarketCap Is An Unregulated Forex Broker
PrimeMarketCap Claims To Be Registered With The Saint Vincent And The Grenadines Financial Services Authority (SVG FSA). We Did Find Results Matching This Broker In The SVG FSA. Please Note, However, That The SVG FSA Does Not Regulate Forex Activities And Does Not Issue Licenses To Operate Forex. Having A Registration Does Not Imply An Authorization To Provide Financial Services.
In Addition, The Spanish National Securities Market Commission (CNMV) Has Issued A Warning That PrimeMarketCap Is Not Authorized To Provide Investment Services In Spain.
The Fact Is That PrimeMarketCap Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Dealer Hold Or Control Investors' Funds And Investors Cannot Be Protected By Any Laws. It Is A Fake Trader.
Since It Is Not Possible To Access The Broker's Website At This Time, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That PrimeMarketCap Has Not Obtained Any Valid Licenses At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As A Phone Number Or Company Address.
Note: PrimeMarketCap As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
