Read our Prime Capital review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a primecapital.pro review.
| Broker | Prime Capital |
| Website | primecapital.pro |
| Regulation | None |
| Broker Type | Scam |
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 Prime Capital 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 Prime Capital 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. Also, when these people change their website they tend to call the old clients, so if they call you from a new website please write it down on the comment or let us know it by contacting us. That would be really appreciated by us and families all over world. Also if you get phone calls from other companies please put the name of these companies also in the comment or send it to us. We will expose them too.
Prime Capital Review Conclusions
Making the Prime Capital 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 Prime Capital 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] or by using this contact form.
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
Atenție este escrocherie
GOOD EVENING! I COLLABORATED WITH PRIMECAPITAL. FOR ONE MONTH WHERE THEY ONLY ASKED TO PAY THE MONEY FOR INVESTMENTS AND JUST THAT.
AFTER I ASKED TO WITHDRAW PROFIT, THEY SAID THAT I WOULD PAY AN INSURANCE POLICY IN THE VALUE OF 1550 EURO. FROM 1550 EURO. I REFUSED AND THEN THEY BLOCKED ACCESS TO THE PLATFORM. BE CAREFUL AT FIRST CAPITAL. THEY ARE SCAMMERS
Witam. Primecapital naciągnął mnie na 700,-PLN , Firma podszywa się pod inną, legalnie działającą. Wykorzystuje nazwę X-TRADE BROKER DOM MAKLERSKI. PO ZWRÓCENIU IM UWAGI NA TEN FAKT, kontakt się urwał, dodzwonić się nie można, pieniądze przepadły.
Jeden osobnik przedstawia się jako jan weichert (celowo piszę z małych bukw) Rozmawiają z typowo wschodnim akcentem.
Zostałem oszukany na 349 dolarów jak chciałem wypłacić to skasowali mi konto bez ostrzeżenia i już nie mogę się zalogować. Omijać szerokim łukiem i mam nadzieję że ktoś się w końcu nimi zajmie.
Boa noite. Atenção com esta impressa primecapital.pro Eles sao profissionais em enganar qualquer pessoa. Eu fui enganado e perdi muito dinheiro. Vou explicar um pouco como issto tudo aconteceu:
Primeiro eles disseram que eu tenho de ativar a minha conta do primecapital.pro
Eu fiz uma transferência de Bitcoin em valor de 229.31$
A conta ficou ativada. Depois eles disseram que se eu quiser posso ativar um robô no meu webtrader para lucrar sempre. Eu aceitei e fiz uma transferência de 1450€ para uma pessoa que eles enviaram-me o IBAN. O dinheiro depois ficou disponível na minha conta do primecapital.pro. Eles ativarao o robô e em menos de duas semanas o valor aumentou ate os 14011€.
Eu disse-lhe que quero fazer uma retirada de este valor para a minha conta bancária.
Eles disseram-me que antes de eu fazer uma retirada, tenho de pagar um imposto de 15% sobre o valor que tenho na conta do primecapital.pro ou seja do valor 14011€. Os 15% sao 2102€. Depois diserao-me que vou receber um código secreto para eu conseguir fazer uma retirada.
Eu fiz mais uma transferência com o valor de 2102€ para outro IBAN que eles me enviaram.
Depois de eu fazer esta transferência eles deixaram de me responder as mensagens que eu estava a falar com eles pelo WatsApp.
Eles sao muito profissionais em enganar as pessoas. Sabem falar muito bem para nos enganar.
Já não sei como fazer para recuperar o meu dinheiro. Existe mais uma impressa que e muito idêntica e funciona da mesma forma, so enganam as pessoas. O nome da impressa e : iconiccapital.world
Meus amigos, muito cuidado , não se deixao ser enganados por eles.
Hola, yo deposité la inversión inicial, luego realizaron muchas transacciones automáticas, cuando solicite retirar el dinero, dijeron que debía depositar una comisión, deposité y lo depositaron en mi cuenta, luego me dijeron que debía volver a pagar la comisión sobre el total de la cuenta. Ya luego no se contactaron mas, no tuve donde ubicarlos, hace varios meses y a la fecha no he podido retirar el dinero. Además que en la página no hay donde ellos depositen el dinero a retirar.
Hello, Prime Capital its a Scam, i have invest money, and when i made a whitdrawn they are tell me to invest more money, and i have said let do first whitdrawal, and then i make more invest, and after that are sroling, and now nobody answer, and i cant reach them, i have comunicate with broker via Whats UP app. Now i have 600 Euro on Account and i cant make whitdrawal, but my Acount its still active.
Mnie dzis chcieli naciagnac na kase , jest jeszcze jedna firma na ktora uwazajcie nazywa sie Capital Trade unikajcie tej nazwy pod kazda jej postacia …. ukradli mi z konta revolut 1100. euro. Podszywaja sie pod polakow a mowia z akcentem wschodnim jak z Bialorusii , Litwy, Lotwy i Estoni. NIe dajcie sie oszukac i zadnych pieniedzy nie wplacajcie !!! bo zostaniecie z wyzerowanym kontem bankowym i to na duzym minusie
This is a big scam! Happened to me recently let’s call them Crime Capital instead of Prime. I started with this company to trade on the beginning of January. First the contact was good and we use a very small amount of money. The broker told me that I.could make more profit if I invested in the trading robot. I told him NO. In February my broker suddenly disappeared together with the account manager and the guy from the accounting department who approves accounts. Weeks I didn’t hear anything so I emailed via account and after awhile a new ‘broker’ contacted me via email. I was very suspicious at first but after awhile he offered me the robot for free. I explained to him that I was just trying a bit with small amounts and he knew about my financial situation and not being able to invest much. He said it’s gonna be fine. And suddenly after a few days he told me I could go to Dubai and that I made good profit and wanted to withdrawal everything but I had to pay 5% handling fee and the profit would be paid. I told him I couldn’t and this annoyed him first and he wanted to force me to take a fast loan to pay the 5% or a extra credit card. I told him NO. I asked him to make a 50% withdrawal and first he agreed and later a new excuse came up that i need to pay less fee and get the full withdrawal. I made all deposit and the communication stops. Today I told him that I want my deposits back and that this company makes no intentions to pay me the profit. He responded like Mr innocent…..oh what happened…I told him you should know the answer to this question….until now no reply. I wanna report them for fraud and misleading. I have pictures of conversation and telephone numbers and names from all the people I have been in contact with at Crime Capital.
Prime capital is a scam, I invested $200 and waited a few weeks and then I tried to make a withdrawal, and now they are charging me $200 to make a withdrawal?, I’ve asked for my money back, and nothing, the lady that introduced me to prime capital said she’s made millions and is only trying to help ppl invest, she keeps asking me to it invest more and more but won’t tell me how to withdraw, when I tried to withdraw myself, they wanted me to pay an additional $200 withdrawal fee