parker prime review

Read our Parker Prime review carefully to see why we do NOT recommend this broker for trading. Just to clear any suspicions this is a parker-prime.com review.

Who are they?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.

So Parker Prime is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.

How does it work?

Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.

Make sure you leave reviews about Parker Prime in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.

Parker Prime Review Conclusions

Making the Parker Prime review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Parker Prime review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected]

If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

etoro

10 COMMENTS

  1. Best.
    I would like to know how I transferred my money that was transferred via home bank on Friday 24 July to the ParkerPrime bank account number PL43 1020 1185 0000 4702 03 9436 have not yet signed
    Would it be possible to help me for recovery the amount is 250 euros
    Regards
    from Heijst TH

  2. Guys, everything happened as stated in teh article. I sent over 30k euros from March until now and still did not receive anything back. If anyone can help me with this I would relly appreciate it.
    Please fo not fall for Parker prime. It is a scam!!!!

  3. Do not trade with Parker Prime, I tell you from my own experience. I managed to make over 1 million euros starting from 250 euros … of course with the help of their trading platform with which you can copy different trading clients of theirs. Among the clients there are certain “users” who have some very good facilities (anything that trades in a few seconds closes the transaction for profit), with these users I will make some secure transactions and show you that you can earn a lot of money and then ask you to invest more. a lot of money. How to trust this platform when the account administrator can enter and make transactions at any time? You will never see the money invested again!
    They are crooks, I hope God does justice!

  4. Please please don’t trade with Parker prime.

    Parker Prime is not the broker you need! They take your money and you can’t take them back. They are very skilled. First of all they show you that they can rise you account in few days. After that they ask you to deposit more money in order to make much more money. They are talking a lot about Amazone, bitcoins so on. But, as I intented to do, if you try to withdraw money you will see that the money never come back to your account, but they assure you that the money will be transferred next days

  5. I have lost a lot of money with Parker prime there company is only out there to take as much money from you and not give it back. The more people who have been scammed and get in touch with me to file a court case the better there it is, justice in numbers.

  6. I originally made a small investment via Jubiter.com in BTC. After BTC wallet created, my holding was sold down and got transferred immediately to PArker Prime account. With the benefit of hindsight it’s clear I had been dealing with PArker Prime all along. Jubiter as best I can see were not directly involved. So I requested my money back. Eventually I threatened to report Parker Prime to Estonian Financial Intelligence Unit. With some further difficulty I got my money back. OVer a year ago. Why I’m on this site is because I’ve just started receiving cell calls from Parker Prime (out of UK). They tell me I’ve got over $18k in unclaimed BTC funds. Just want my BTC wallet details. All clealry false. Told them to confirm in writing to my email address. Needless to say more calls but nothing in writing!

  7. These guys are so smooth
    These guys are so smooth. So Smooth they took me for…….. alot of AUD.
    The worm. as a previous Forex trader (didn’t end well for me, should have learnt) with them, they had my details. I received a call saying that the area i had previously traded in was closing and i had 0.3 bitcoin waiting for me. With the help via Anydesk, David Brown? helped me set up a Binance account & Jaxx wallet, then explained mirroring to increase my Bitcoin numbers. I was requested to transfer the equivalent AUD to 0.3 bitcoin and “we will finalise the process”. The time difference didnt help, but everytime Bitcoin went up I needed to send more funds to complete the process so that they could convert bitcoin from JAXX wallet to AUD$ in binance account and then authorise payment to me.
    Well, we never really got in sight of finishing the process. When I was close I needed to send a further payment to cover 12% tax which would be refunded by the company. Duly sent. Oh no Carlos Montega?had made a mistake it should be 17% tax so another payment was required to cover the 5% error. If i didnt finish the process i would get nothing back. So negotiated a small payment to finalise. Carlos said to wait as he needed to finalise some paperwork. After several minutes the phone connection terminated and has stayed that way since
    And i received NOTHING. So Parker-Prime are holding 1.39 bitcoin for me and will not release it to my account. So to Parker-Prime, David Brown & Carlos Montega on phone 447723549335, Kelvin, Maria & Julie please be aware that i have started criminal proceedings to recover my funds and, if possible, drop you guys in it.
    Every one please be aware this was too good an opportunity to miss, but i advise you, give these guys a really wide berth.

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