A brokerage firm invites potential clients to cooperate, promising to “increase investments” through asset trading and passive income with monthly interest payments. Meanwhile, the intermediary does not disclose such information as a legal address or license availability on its official website.
Is this company reliable? Can you entrust your capital to its “professional experts” for management? Our review of Prestige Capital Holding Pte Ltd will help you understand whether the broker is operating legally or not.
How to Trade
The WebTrader platform provides “support for all execution modes and trade orders, their separate accounting”. In addition, the broker offers various trading account packages that include the following features:
- Access to over 500 markets.
- Forex and cryptocurrency, stocks, commodities, and indices trading.
- Copy trading, Arbitrage, PAMM account.
You can open an investment account with an interest rate of up to 27%. In addition, you will receive insurance for the entire deposit amount.
User security is guaranteed by multi-level SSL encryption. Daily news is presented on the website as a link to TradingLab’s YouTube resource, clicking on which will take you to a publication from two years ago.
Prestige Capital Holding Pte Ltd Vital Info
We could not find any information on the site about how long this platform has been operating. In addition, there is no data about the qualifications of “professional experts” from the broker’s team who will dispose of clients’ money – tens of thousands of pounds sterling. As for the domain, it was created only at the end of April 2024. That is, this site is quite fresh and probably for this reason its owners do not want to disclose the history of the project, from the foundation of which has passed only a few weeks.
We considered the legal registration of the brokerage firm and the jurisdiction of its activities. We found this brand in Singapore. However, Prestige Capital Holding Pte Ltd, established in 2010, is engaged in consulting and has nothing to do with either brokerage activities or the site prestige-capital.net. It turns out that the hero of our review does not have a legal entity and hides behind the name of another organization.
This is the best broker I have ever worked with, and I have been trading forex for over 2 years. It is a very cool trading platform that is available on your phone. This has proven to be very convenient for me as I don't always have access to a computer. I've also wanted to try investing in PAMM accounts for a long time. Deposits and withdrawals are processed here standardly, as everywhere else, up to two days. During trading I called technical support a couple of times, the operators answered all my questions and helped. The only disadvantage I saw of Prestige capital holding is that there is a high entry threshold to the tariff “Stock Indices”, to activate this account, it is necessary to deposit £100 000, I would like to work on such conditions, but with a smaller amount.
I want to know how you feel about a company like this? I have suspicions of dishonest work by this firm. Why they don't have a single document about the license to provide professional brokerage as well as any regulator? This is very suspicious. I will note that if problems arise, you will communicate with technical support only by e-mail. I had an experience with a similar company and they cheated me, and you simply can’t contact them by mail, they will say that there are a lot of requests and you will have to wait endlessly for a reply. Thus, I want to ask competent people about this project, please answer - are they scammers or do I suspect them in vain?
I have not been trading for very long, but I am very happy that I started with Prestige Capital Holding. I have read a lot of useful information on their website, and in my opinion, this broker is one of the best in the forex market today. There is a high degree of protection of clients' investments here, I trust this project and keep very large funds here without fear. I receive monthly interest on my account and I like the fact that there is a large selection of assets, there are no various commissions, as well as a low spread. However, the broker does not provide any license information on its homepage, so I would advise you to start trading on this platform with a little caution. I started earning here with small amounts and then I also tried a small withdrawal. The administrators asked me for verification. At first I had problems, I had a little difficulty with verification, it was a little difficult for me to understand everything, but thanks to tech support, which always answered all questions instantly, I understood the requirements of the security service. Although it took two days, but then the broker made a withdrawal to my bank card in the full amount of money ordered. I made sure there were no problems with the withdrawal, so I am now safely keeping over £15K in my savings account.
I didn’t take the negative reviews online very seriously, I thought that it was competitors who ordered negative reviews, especially since the broker's representatives told me so often on the phone. Then I talked to the manager for a while and caught a clear manipulation in his words, he said: “you don't earn anything now, but with us you will have a lot of money” and “why should you go to work, when with us you can earn much more from home”. I found these words too unconvincing. And when I said that I don't have the money for passive earnings on investments, he told me: “you take a loan from the bank for a couple thousand dollars and invest to us”. In general, I realized that Prestige CAPITAL HOLDING PTE LTD is a fake project, HYIP for schoolchildren and housewives.
Scam! There is a clear substitution of the chart and playing against the trader! There is no chance for success in Capital holding, although I am not a beginner, I was trained and traded for a year in another company, but here I saw that I was openly cheated and so I lost $364 in three days :( I do not recommend you this platform and do not even listen to consultants who do not know how to trade, but only learned to manipulate the terminal program.
I did not risk opening an account here because I was confused by the legal data. It was immediately clear to me that this company is non-transparent and most likely does not exist within the legal framework, which means that no money is withdrawn to clients. The site is very similar to fraudulent platforms, with a minimum deposit of $250, as stated on their “AML” page, where they require the client to provide the CVV of the bank card and copies of all documents. However, in the types of tariffs, the amount of the minimum deposit is already listed as £100!!! In addition, the developers of the site write the following on the “Get Assistance” page: “No other investment company offers better services and internal support like Fundiza”. What's that? Which Fundiza? Did they forget to correct the previous name of their fraudulent website? I tried to go to fundiza.com but my PC's security does not allow me to open this platform and writes that this site belongs to scammers who can steal passwords from my bank cards, etc. I now know for sure that prestige-capital.net are scammers and I passed.