Read our Primus LTD review to see if we recommend this broker for trading. Just to clear doubts, this is a primusltd.net review.
Is Primus LTD Legit?
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 infamous for scamming schemes.
So, Primus LTD is just another unregulated forex broker, which means the customers aren’t 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 the scam work?
Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try 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 hundreds of dollars per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, they transfer clients to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good Primus LTD reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.
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 doesn’t 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 Primus LTD?
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 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 they deceived you into depositing money for a non-regulated trading company. Mention also that 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 [email protected] but don’t let your broker know they you read this article or that you are contacting 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 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 where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. 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 don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.
Make sure you leave Primus LTD reviews in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about Primus LTD, 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, mention it in the comment or let us know about it. That would be really appreciated by us by our users. Also, if you get phone calls from other companies, please put the name of these companies also in the comment. Or you can send them to us and we will expose them too.
Primus LTD Review Conclusions
Making the Primus LTD review was our pleasure, and we hope to save as many people 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 Primus LTD 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.
Primus ltd.net è Una vera truffa, fanno pubblicità e se metti il tuo telefono ti chiamano e senza alcuna informazione ti fanno aprire la loro pagina e versare minimo 250 euro dicendoti che farai un corso con loro per imparare il trading online. Non rispondono mai al telefono e cambiano sempre numero di cellulare. Ti chiamano poi loro dicendo che vogliono conoscerti e quando dici che vuoi fare il recesso per legge, ti dicono che li hai offesi e che ti denunciano. Truffatori veri e propri. Nel sito in basso compare un link con le istruzioni per prelevare i tuoi soldi ma è una bufala.
(1/5)
Yo también caí en su trampa con 7550€ ahora me dicen que tengo que pagar un aval de 1000€ para recuperar mi dinero, lo hice ahora me dice que a llegado incompleto por las comisiones que tengo que volver hacer otra transferencia de 1050€ que tiene que llegar completo, esto es una estafa Tota no recomiendo a nadie invertir en esta
Si tratta di Truffatori che dopo un primo investimento di 250 euro, che viene fatto passare per un corso online di Treding, così possono giustificare l’esborso, ti fanno credere con false transazioni che puoi guadagnare importi dal 15% al 30 % di quanto hai investito, ti forniscono un Wallet, che ti fanno vedere che in due tre giorni ha guadagnato il 30%; tutto inventato, poi partono con la richiesta per un fantomatico investimento , nel mio caso in petrolio, di 2000 o più euro dove ti garantiscono che il capitale non verrà intaccato e tu dovresti guadagnare il 40 % in un mese . Soltanto che ti chiedono di fare un Bonifico su una società nel mio caso tale BLUE STAR EXCHANGE PTY LTD ( che è risultata, da una verifica essere una società di Hong Kong che si occupa di abbigliamento femminile) ovviamente non ho fatto il bonifico, e una volta smascherato il mio contatto non ha sputo controbattere, alle mie rimostranze, e mi ha dato del poco serio. Proverò a recuperare i 250 euro ma non ho molte speranze francamente. Il rammarico è ,che questa storia è nata tutta da un articolo di un giornalista che si occupa di economia su internet, il quale ha sponsorizzato un investimento in Moneta elettronica Cinese, dimostrando che lui effettivamente ci ha guadagnato. Sono entrato nel Link da lui segnalato ed è partita la truffa.
(1/5)
For the first time in my life I fell into this trap and I am not young. They must have taken me in a weak moment. And reflectively I don’t know how I did not see all the smoke showing it was dodgy.
What I have done since reading your article is first try to do a small transfer of the funds to my bank account and clearly the interface seems all fake. Then I went on the learning website from which they had made me subscribe and where I had read the terms and conditions which said I could cancel within ten days and an email address to where I should send the cancellation request.
I did that, stating the terms and conditions. I first received an email where they were asking why I wanted to cancel. I did not reply. Then I received Whatsapp messages from the so called advisor. I explained to her that part of trying the service was also trying to get some money out and the process did not give me trust in their service. She tried to tell me that is not how you do things, that I should cancel my cancellation, that she would be the one transferring funds… Then as I was keeping calm and just saying I would not cancel my cancellation, she tried menacing me. She said there are “consequences” and of course not telling me what consequences. I just copied/paste the terms and conditions and said I am just exercising my rights, nothing personal. I tried, I’m not convinced, that’s it.
In the end she said that the refund had been made and I said thank you. So now I have an email stating the refund. I just have to wait to see if it is really going to be effective but I guess at least with this email I have proof for my bank to get a chargeback if necessary. I checked on my bank site, I have 60 days from the bank statement date to ask for chargeback so should be plenty of time.
(1/5)
Same experience for me. We should act together and try to find a solution. Are you in France?
Una truffa, mi hanno fatta investire 250 euro e poi quando ho voluto prelevare mi hanno contattata per dirmi che il ragazzo che si occupava di me fa fatto delle operazioni importanti con bitcoin a nome mio e che avevo più di 40.000 euro da prelevare e mi hanno chiesto a cosa mi servono e io ho risposto che non mi servono, ho detto che voglio i miei 250 euro. Secondo a me siccome che mi avevano fregato solo 250 ma volevano di più mi hanno proposto quella cifra apposta per poi chiedermi altri soldi per poterli prelevare. Hanno detto che manderanno i soldi in beneficienza se non li voglio e ho detto va bene allora non mi hanno restituito i miei soldi e sono svaniti nel nulla. Non fidatevi.
(1/5)
son unos verdaderos estafadores, no entres en un euro que te lo roban, nunca conseguiras que te lo devulvan es mas hay que poagar para salir, denunciado a la Policia, estrafa total desde el primer euro,,denunciad
(1/5)
ahora trasjiversan el comentario, hijos de puta, tras versar esto cabrones, CABRONES
(1/5)