Parker Prime Review: Awful Forex Scam

Parker Prime Review: Awful Forex Scam

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Parker Prime ( is another rogue CFDs and Forex scam platform to hit the lucrative Forex world. ParkerPrime is professing to offer top class investing thanks to their powerful trading platform. After closer scrutiny, we have concrete proof Parker Prime is nothing but a well thought out scam plan. Members have started coming out with evidence of being scammed. Read this genuine and honest PARKER PRIME Review for more details.

Parker Prime Review

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Parker Prime Review

With some clients already filing official complaints, we are sure Parker Prime is going down soon. Evidence is overwhelming considering what most members have revealed in the hands of this platform. After receiving some disturbing email complaints, we decided to investigate this broker. Trouble started brewing immediately users demanded to withdraw funds with this platform. No one could ever withdraw funds as their requests went unanswered. What could be the problem with ParkerPrime?

As with all other online scam platforms, Parker Prime is targeting unsuspecting online investors. By cloning a trading website, these scam artists have fooled users into signing up with them. A closer look reveals this platform is offshore based making them totally untrustworthy. Dealing with these scam artists leads to you losing your entire deposit. None of the members we have contacted has managed to withdraw even a penny with them. Read and find out the tricks used by these scam artists.

About Parker Prime

Information displayed on their contact page shows these scam artists are based in several locations. According to sources, these scam artists are simply faking their base of operation. We all know scam artists will do or say anything to make their platforms appear legit, even post random locations. Parker Prime is insisting they are based in Bulgaria as well as Estonia. In reality, they are most likely based in St Vincent and the Grenadines.

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Another disturbing detail we must point out is in regards to ownership of this platform. Who are the founding members of Parker Prime? Is it possible we can find out the people who are running this website? Details posted on their contact page are random and they are using virtual phone numbers. It is clear we are dealing with scam artists with a hidden agenda.

Is Parker Prime licensed or registered?

If ParkerPrime is located in Estonia and Ireland, they should be licensed by EU authorities. A closer look at leading regulatory bodies shows the platform is not recognized by any regulatory institution. Some of the leading bodies we contacted include CONSOB, CySEC, and the FCA. It is clear these scam artists have failed to license their platform for a reason. Lack of proper licensing details means they can’t pass the strict guidelines set by the industry. Whoever signs up should expect turbulent times.

Why has this platform failed to post any details regarding their licensing status? A true broker will post copies of their license credentials for all to see. It helps to show transparency as well as reveal their regulatory status. Without a valid copy of their license, we cannot trust any information posted. These scam artists are possibly posting random numbers as their license and registration credentials. A broker who fails to verify their license details is proof they are dealing with a rogue entity.

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Features of Parker Prime/ Advantages

What you need to start making money is a proven online entity, not a scandalous platform. No advantage can ever come from trading with an anonymous and unlicensed online trading entity. You need to start making money with affordable and credible Brokers for a chance to make huge profits. Members who are experiencing trouble are concerned with safety of funds. Unlicensed entities are what make trading a risky affair.

Disadvantages of Parker Prime

Accounts Offered

Parker Prime Account Types

Parker Prime is furnishing users with five different account types. Basic, Silver, Gold, Platinum, and Diamond is the name of the accounts. A deposit $10,000 must be placed to start trading. Advanced coaching is another feature we have a problem in regards to these accounts. Coaches are not helpful and are leading users to place wrong trades. Are these coaches even professionals?

Deposit and withdrawal

We found out this platform prefers users to use credit and debit cards when making deposits. Investors can fund accounts using MasterCard as well as Visa credit cards. It makes sense as these scam artists want to target anyone, anywhere. What still remains a problem is withdrawing funds with this platform. None of the members we contacted has been able to make any withdrawals. ParkerPrime is refusing to give users access to their withdrawal requests with no reason given.

Fake claims

Another red flag we must expose is the empty claims and promises posted on their website. Talk of being effective, fast, and simple are just marketing tactics. Claims of having expert brokers are not verifiable as we don’t have a single name of anyone working with ParkerPrime. As we said earlier, scam artists will do or say anything including posting fake details. To them, it is another marketing strategy to entice investors to sign up. Thanks to our many years of trading, we know how to spot these scam tricks.

Trading platform

We still don’t know which type of trading platform this broker is furnishing to users. Are they even offering a secure and stable platform? What we do know is that they are not offering the acceptable and industry accepted trading platforms. Without MT4 or MT5 trading platform, we fear their platform is highly unstable. Unstable platforms make trading risky and uneventful. Hackers can easily gain access to their platform and steal credit card information with ease. Stay away from unstable platforms.

Are funds safe with Parker Prime?

How can funds be safe with a broker who has used fake location details? Ensure you go for platforms which offer DDoS encryption as well as SSL protection. Parker Prime is pooling funds in one account which is extremely dangerous. Whoever signs up with this platform is going to face a daunting task trying to make withdrawals.

Is Parker Prime a scam?

Parker Prime Trading Platform

Evidence clearly shows we are dealing with a rogue online trading platform. Mark all their emails as Spam and ensure you don’t click on any links sent. Make sure to warn your family and friends from joining this illicit platform.


We will be adding this platform to our scam blacklist to ensure no one gets scammed by them.

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3 Replies to “Parker Prime Review: Awful Forex Scam”

  1. I have just deposited £250 with Parker Prime after reading this I would like to get my money back. How do I go about d this?

    1. Hi,

      You can ask them to withdraw your funds and, if they refuse or insist on depositing more funds, you must file a chargeback with your bank or open a dispute with PayPal according to the payment method, then report the case to the local police.


  2. I deposited $250 last month and made a profit of $785.
    After reading this review I went on withdrawing my money and profits and was surprised to receive the funds within 72hours.
    I did deposit the funds back and very happy with the progress so far.

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