Read our Prime Market Cap review to see if we recommend this broker for trading. Just to clear doubts, this is a primemarketcap.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 Prime Market Cap 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 Prime Market Cap 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 Market Cap Review Conclusions
Making the Prime Market Cap 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 Market Cap 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.
Insolent and persistent callers, they are scammers. We need the police. This is telephone terrorism.
I was contacted by a PrimeMarketCap account manager who tried to sweet talk me into opening an account with them. I refused and insisted on checking them if they are the same as the other unregulated trading platforms that had scammed me before. Fortunately, here I am. Will ignore their call next week.
Yes, they are scams. Don’t talk with them long, because they use NLP, don’t deposit your money. You will loose the peace at the first, and after your money. Be aware!
Yes, they are SCAMS. They don’t want to give me the money back and they keep calling me Be Aware!!!!
Anyone know how to get them to stop calling? Every single day!
Yes I got call from prime cap . This is scam .they send you email and ask you to press the link either to save password or to creat account . In this way they take the access of your money. Or they may ask you to share the screen.
They are not returning my money. They still demand to pay the tax, because there are regulations of the European Central Bank. That is a lie. I called the European Central Bank. The representative of the bank said that it was a lie. Scammers! Such people should be deprived of the right to trade and be forced to return money to people.
Yes, I’ve lost my money with them and don’t be a victim of them like me. When I requested for the withdrawal, they kept asking me to invest more money, and it was when I started doubting them. I refused to invest anymore money and asked for the withdrawal of my previous profit and the deposit. They liquified the whole amount and there is nothing in the account and even no account number is shown there. So, they are big SCAMS. Be aware of them
Sunt escroci, eu nu am investit mulți bani și de atunci tot ma suna și îmi cer ca să investesc 3000$ , eu am refuzat și ei ma suna și ma amenință că dacă nu investesc aceasta suma ei ii vor face rău… ma înjură și ma numesc cuvinte foarte urate
Scams! Don’t give them any cent! I was in unfortunately, didn’t get back any cent!They calling you and talking in sweet way, promises benefits and good income with their help, just don’t talk to them at all! Would be great if police can stop them split the lie in the community.
Išviliojo 3920 € . Stengėsi įklampinti į skolas .Vertė skolintis pinigus ,ir investuoti į prekybą . Nuo pat pradžių melavo apie prekybos taisykles . Dalino nuostolingus patarimus . Šantažavo . Nuolat skambinėja ir bando įtikinti ,kad atgausiu pinigus jeigu į savo sąskaitą pervesiu dar 1000€ nes neva jų firmoje egzistuoja draudimas , kurio dėka galima susigrąžinti pinigus .Tokių ižulių begėdžių ir aferistu ,kaip jie dar reikia paieškot .
išviliojo 3800 euru, kai paprašiau pervesti pinigus atgal ir buvo pelnas pasakė kad reikia sumokėti pelno mokesti tai supratau kad jie meluoja ir nežada gražinti o tik nori dar apgaules budu gauti pinigu. ale atsiunte laiska ir tenais viskas nurodyta
I wanted to withdraw $5000, they never answer me to get my money. As soon as I tried to cancel. The account rep calls me twice a day.
(1/5)
They are a scam company. I lost 42K AUD. They still call me to invest
Be aware of these lady
I was trying to reach you, but unfortunately without any success.
Please let me know the best time to call you.
Also, I’m still waiting for the statement.
Sara Mancini
Financial AdvisorInvestors Relation DepartmentPrime Market Cap
Phone icon Telegram: +31619828695
Mobile icon WhatsApp: +31619788646
Mobile icon Signal: +31619788646
Email icon Email: [email protected]
Website icon Website: primemarketcap.com
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