Prime-CC portrays itself ambitiously as the number one broker for Forex and cryptocurrency trading. It asserts that its platform is the exclusive gateway to a transformative trading journey, offering the best assets and comprehensive support at every stage. The company appears to be relatively new, as there are not many reviews available online. Additionally, in its documentation, it states that all disputes between traders and the broker will be resolved according to the laws of Saint Vincent and the Grenadines. The official registration in an offshore jurisdiction doesn’t particularly enhance the credibility of this firm. Now, let’s take a closer look at what it has to offer for traders.

How to Trade

Prime-CC offers five trading accounts, excluding a demo account, and starts with the “Self Managed” account requiring a minimum deposit of $250. Within this account, traders are introduced to use of cryptocurrency wallets, real-time market data, and access to e-books.

The next basic account requires a deposit of $5,000, offering traders 1:100 leverage, spreads starting at 1.6 pips, and Tier1 arbitrage. As you move up to accounts requiring deposits of $10,000, $25,000, and $50,000, clients receive increasingly advantageous services.

Higher account statuses come with elevated leverage, reduced spreads, and various additional services, including assistance from managers and more. In the exclusive account, Prime-CC promises spreads starting from zero. Additionally, traders in this account enjoy prioritized fund withdrawals without waiting in line. Furthermore, there’s a pledge of exclusive access to a VIP event.

Prime-CC Vital Info

As mentioned earlier, the company claims to be registered in St. Vincent and the Grenadines. However, the challenge lies in the fact that there are no records of this firm in the registry of this offshore state. Essentially, it is not officially registered there. There is no mention of any other jurisdictions on the website. Consequently, the project lacks any form of registration and, in turn, a license.

Another evident and substantial drawback is associated with its operational history. Prime-CC, for some reason, doesn’t disclose its background. To delve deeper, we used the Whois service to ascertain the site’s actual existence. The domain was registered on November 25, 2023, indicating that the project has been operational for just a few weeks. Perhaps, this is why it remains silent about its history.

FAQ

What are the key facts about Prime-CC?

Despite its ambitious claims as a leading broker for forex and cryptocurrency trading, the company raises significant concerns. The platform, with its limited online presence and sparse reviews, hints at a relatively recent emergence. While it markets itself as registered in Saint Vincent and the Grenadines, a closer inspection reveals a lack of official registration and licensing information. Moreover, it provides minimal contact details, featuring only an email address without any phone numbers or physical addresses. The youthful age of its domain, registered just a few weeks ago, adds to the uncertainties surrounding its legitimacy.

What's the risk to my wallet when working with this broker?

Engaging with Prime-CC involves substantial risks of financial loss, as the broker lacks the necessary official credentials and operates with a limited history. The absence of comprehensive reviews further complicates the evaluation of potential risks for investors.

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