Read our Solo Prime review to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a soloprime.co 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 Solo 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.
| Regulatory Body | Status |
|---|---|
| FCA (UK) | No record of authorization |
| ASIC (AU) | No record |
| CySEC (EU) | No record |
| SEC / CFTC (US) | No record |
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 Solo 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. 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.
Solo Prime Review Conclusions
Making the Solo 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 Solo 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] 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.
I got the Problem with refund and wirhdrawl ob soloprime and they want me to send 25% of my Money as a Security payments against Money laundry. Its a scam of course, but I want my Money Back. Close to 9000€ is not a small amount….
I have invested 250€ AS Initial payments at SOLOPRIME.CO . Then I traded Cryptos very succsesfully to over 2 Millionen Euro.
After I Files a withdrawl of 32000€ I was told for Money laundry reasons and laws, I Had to send 25% so 8000€ AS a Proof of liquidity on an Kraken Account that I Had to Register first. Then I was told to Install Anydesk in my PC or Handy and give the Account Manager acces by giving hin the 9 Digit Access code, what I DID NOT DO OF COURSE !
After that I was told to send the 8000€ to a named Bitcoin Adress, what I allso declined. Because I would Not let myself Talk into before described actions, I was shortly after blocked to login to my Account by Soloprime.co!
Stupid Not to Check beforehand If Soloprime.co is regulated.
SOLOPRIME.CO IS NOT REGULATED. THEY WORK FROM U.K.!
POLICE INVESTIGATION SOLOPRIME.CO
for Investment fraud, Computer fraud and scam, and Capital theft.
Also against the Broker alias “Richard Toni” as acting Account Manager and “Kevin Greco” as acting Financial Manager with buiseness Seat in United Kingdom/ Great Britan,
Of course can I Proof all what I wrote with all my Trades downloaded, Screenshots and E-Mails from SOLOPRIME.CO
Stay away from Soloprime and Chargeback right away from your Credit card because of fraudulent behavior.
i ALSO GOT SCAMMED BY SOLOPRIME FOR 250 EUROS INTIAL DEPOSIT. THEN THEY ASKED FOR AN ADDITIONAL 20,000.00 TO HELP ME INVEST IN OTHER TRADING. TWO DIFFERENT GUYS CALLING AND TEXTING USING NAMES ANDREW EVANS AND MATHEWS. OF COURSE THEY HAVE DISCONNECTED ALL LINKS AND BLOCKED MY SOLOPRIME ACCOUNT! EVERYTHING IS A PHONY HERE. A SAMPLE OF EMAILS AND HARRASEMENT FOR MORE MONEY IS HERE ALSO………………………….
Andrew Evans
To:
[email protected]
Sat., Jun. 26 at 1:24 p.m.
Paul email me when you be able to answer my call
https://webxpay.com/index.php?route=checkout/quick&id=N1BzOGYyWW1ZSkpuOVdvUjdmeXlXWVAydzU4UjFYYS8=
Andrew Evans | Account Manager
Email: [email protected]
Web: http://www.soloprime.co
Dear Paul,
This is to confirm the online payment of $ 250.00 for order reference #B7804352021I263798.
Your payment reference ID is: #B7804352021I263798.
Please contact us at [email protected] or call +442080890749 for further information.
Thank You.
BLC Chain
Ich möchte auch etwas dazu beitragen, den Betrug sichtbar zu machen. Im Juli 21 kam ich im Internet auf soloprime und nahm Kontakt auf, schnell meldete sich ein Toni Jasper, fragte wieviel ich einzahlen wollte und nannte mir die Kontoverbindung, ich zahlte 250,00€ ein. nach drei Tagen rief er wieder an und machte den Vorschlag, wenn ich meine Einlage auf 1000,00 € erhöhe würde soloprime 500,00 € dazu tunwas ich auch tat. Nach ca 3-4 Tagen bekam ich einen Anruf er stellte sich als Kevin Scott vor und das er ab jetzt für mich handeln würde, er nannte mir seine E-Mail Adresse und Telefon Nummer. Er handelte gut , nach vier Wochen hatte ich 1000,00€ mehr auf dem Kontoer rief auch jede Woche an und fragte, ob alles ok wäre. Dann rief er an und sagte, er würde zuwenig daran verdienen, ob ich nicht mehr Geld einzahlen könnte, ich zahlte nochmal 2000,00€. Da er es eilig hatte, er wollte Urlaub machen, hat er in drei Tagen 101.361,22€ mit Bitcoin gemacht,diese Summe wurde mir genannt , in einer Mail die ich bekam, wurde ich gebeten etwa 12.000,00€ zu überweisen, für den Umtausch von Bitcoin in Euro. Das kam mir dann doch merkwürdig vor und ich sagte nein. Da wurde mir sofort der Zugang zum Konto gesperrt. Ich bekomme jede Woche einen Anruf, was mit dem Geld auf meinem Konto werden soll. Heute auch und mir wurde angeboten erst die 6000,00 € zu zahlen dann würde ich die Hälfte bekommen und dann von den ca. 50.000,00€ den Rest bezahlen, damit ich das ganze Geld bekomme. Sie sind immer sehr freundlich und ich war schon fast überzeugt es zu tun, da las ich ihre Bewehrtung, was soll ich machen? Ich bin auch nicht mehr so jung.