Online trading platforms are growing in popularity, but with them come potential scams. Prime Vertical Markets is one such platform that has drawn attention. In this Prime Vertical Markets review, we’ll dive into why this platform might not be as reliable as it seems.
Website – https://primeverticalmarkets.com/
Website Availability – Yes
Address – Av. Balboa con calle Ramón H Jurado RBS TOWER OFICINA 506 A | Panama
Blacklisted Status – Comisión Nacional del Mercado de Valores (Spain)
Domain Age Information –
- Name primeverticalmarkets.com
- Registry Domain ID 2728134447_DOMAIN_COM-VRSN
- Registered On 2022-09-27T10:57:30Z
- Expires On 2026-09-27T10:57:30Z
- Updated On 2024-09-24T13:32:00Z
What is Prime Vertical Markets?
Prime Vertical Markets LLC, also known as Prime Vertical Markets, is an online brokerage claiming to offer trading opportunities in forex, stocks, and commodities. The platform presents itself as an easy-to-use website at primeverticalmarkets.com, but upon closer inspection, it raises several red flags that suggest it may be operating under fraudulent pretenses.
Comisión Nacional del Mercado de Valores (Spain) Warned Against Prime Vertical Markets
Spain’s national securities regulator, the Comisión Nacional del Mercado de Valores (CNMV), issued an essential warning to traders. The CNMV has officially cautioned traders to stay away from Prime Vertical Markets, stating that it operates without the necessary authorization. This kind of warning from a reputable regulatory body should never be ignored.
Unregulated Broker
Prime Vertical Markets lacks regulation by respected financial authorities like the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC). Trading with an unregulated broker is highly risky, as there is no oversight to ensure fair practices, and investors’ funds may not be protected.
Warning Signs and Complaints
Many https://primeverticalmarkets.com/ reviews are filled with complaints about difficulties with withdrawals, hidden charges, and poor customer support. These warning signs point to the possibility of a scam, making it difficult for users to access their funds or even get assistance when issues arise.
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False Promises and High-risk Investments
Prime Vertical Markets entices users with promises of high returns and minimal risk. However, many traders have reported losing substantial amounts of money due to the platform’s high-risk, poorly disclosed investment schemes.
Conclusion- Is Prime Vertical Markets a fraudulent or legit broker?
This Prime Vertical Markets review highlights several serious concerns, from official warnings to unregulated operations and customer complaints. It’s highly recommended to avoid trading with https://primeverticalmarkets.com/ and opt for a regulated broker instead.
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Got Scammed by Prime Vertical Markets? Scam Help Center Is Your Solution for a Refund!
Victims of Prime Vertical Markets are strongly encouraged to seek support from trusted resources like the Scam Help Center. If fraud is suspected, pursuing a chargeback may help recover lost funds. Acting promptly and keeping detailed records can significantly improve your chances of a successful resolution.
Find out more about your chargeback rights and available solutions. Contact us for expert guidance.
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