Menu

PrimeOT Review: Primeot.com Dubious Forex Scam

PrimeOT Review: Primeot.com Dubious Forex Scam

Share This!

PrimeOT (Primeot.com) is another Forex broker scam who is offering dubious trading services. Prime OT is claiming to offer real market quotes and a wide variety of trading instruments. From the comments we have seen regarding this broker, investors should trade with caution. Members are crying foul over what they term as unfair treatment. We had to conduct an investigation. Read this honest PRIMEOT review and know the whole truth.

PrimeOT Review

Want to make real and stable profits trading Forex? Next step is to take advantage of proven and vetted trading tools. Go for approved and credible Forex trading robots the market has to offer. Make sure you use industry backed and expert recommended Forex trading robots. Take your time in choosing the best and most trusted Forex trading robots the market offers. Time to make your move is now with effective and established Forex trading robots. What are you waiting for? Sign up with genuine Forex trading robots today!

PrimeOT Review

After receiving dozens of emails from members of this PrimeOT, we knew trouble was brewing. Why would over twenty members be complaining of the same problem? As it turns out, withdrawing funds with this broker is not an easy task. In fact, most members have been blocked from accessing their funds. Only scam artists are known to block and close accounts without issuing warnings. Why do investors sign up with rogue platforms to begin with? Read this thorough review to find out more.

What these scam artists have done is create a visually compelling website to lure investors to sign up. Why are these scam artists targeting unsuspecting investors. They know very well investors sign up without doing proper research. By using over the moon claims and promises, they are guaranteed to trap investors. Scam artists are known to promise high and quick returns to anyone willing to deposit funds with them. Thanks to our years of trading experience we know how to spot scams from a mile away.

About PrimeOT

Cortofin Ltd is the company which claims to own this rogue platform. According to the disclaimer at the footer of their homepage, they are registered in St. Vincent and the Grenadines. As you well know, this is a hub spot for rogue brokers. Offshore brokers cannot be trusted with funds for various reasons. They can run away with your funds without issuing proper notice. Another problem with offshore brokers is they tend to be anonymous and out of reach. PrimeOT is another anonymous broker.

👉 Interested In Mining Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Mine Better, Faster and Smarter for More Profits With The Ready to Use, "High Performance", and Approved IQ Mining BTC Cloud Service For Miners. With This Mining Service, You Will Get Up to 128% Yearly ROI from Mining Bitcoins Alone Without Having to Buy Any Expensive Mining Hardwares and Softwares! Not Only That, You Will Get Your First Payout the Next Day After Buying a Plan With IQ Mining. You’re Also Given a Dedicated Account Manager After You Buy A Plan Who Will Help You With the Best Pool Allocations and Account Setup Plans To Get the Most Out of Your Purchase. Click the Banner Below To Register Now:

IQ Mining

Why have they failed to give us the actual names of founding members? Who are the people running this website behind the curtain? These are some of the telling signs we are dealing with a scam. Anonymity is a dangerous vine as trying to recover funds becomes next to impossible. Stay away from any anonymous broker especially those based in St. Vincent and the Grenadines. These are professionals who will do or say anything to make sure you get their funds. What are you waiting for?

Is PrimeOT licensed or registered?

Being based offshore, we can strongly state they lack proper licensing credentials. What these scam artists have done is claim to be registered in St. Vincent and the Grenadines. They have even posted their registration number at the footer of their homepage. As we said earlier, scam artists will do or say anything to have recognition. What we did was contact the registrar of companies to confirm their status. Their company is not in the list of registered companies. These scammers are posting fake registration details.

Why have they failed to post copies of their registration certificate? If they had posted copies of their registration, it would be easier to verify. These are telling signs we are dealing with a broker who doesn’t want to be recognized. They simply lack the transparency to show investors they are duly licensed. A good way to stay away from these scam artists is to always check with known authorities. Be checking for registration with ASIC, COSNOB, CySEC, FCA, FSA, and NFA.

PrimeOT features/Disadvantages

Accounts Offered

PrimeOT Review Account Types

PrimeOT is furnishing users with six different account types to choose from. These accounts are named Self-managed, Basic, Silver, Gold, Platinum, Diamond, VIP. What we noticed weird is how similar some of these accounts are? Why would investors deposit $10,000 and get same trading results as one who deposits $50,000. Stay away from these accounts as they are just well places tricks. Users will jump in and deposit funds without looking at the features included in these accounts.

Another problem we spotted with these accounts is the private analyst session. These analysts also double up as account managers. They will demand you deposit more funds so you can have a higher income margin. Remember what we said about promising high returns in a short time? These are scam artists who will disappear when you deposit more funds. Who do these analysts make wrong trades when more deposits are made? They are in league with other brokers to share the spoils, your deposits.

Deposit and withdrawal

When it comes to funding accounts, users can choose MasterCard or Visa. What we are afraid is the transaction process. PrimeOT is lacking proper a security features on their website. Lack of SSL encryption and DDoS protection layer is proof we are dealing with a rogue platform. Stay away from these brokers who don’t offer a safe funding process. Hackers will take advantage of this loophole and gain access to your bank account. Stay away from this platform or become their next victim.

PrimeOT Review Forex Review

No member has been able to withdraw funds with this broker. As it turns out, these are scam artists whose intent is to steal from anyone who deposits. Marie Ford is still hoping she will withdraw her $2,000 after months of trying to contact these scam artists. Her emails have gone unanswered and she doesn’t know what to do. These are scam artist who only care about investors depositing funds with them.

Accountable and effective brokers are a sure way of making real profit margins. Become the next successful trader by signing up with industry leading and proven Forex brokers.  Make sure to choose brokers who have a solid track record. 

Are funds safe with PrimeOT?

How can funds be safe from a broker who fails to have proper licensing details? Safety of funds is not guaranteed by offshore brokers who remain anonymous. Why have they failed to inform users how they handle funds? Which banking institution do they use to bank money deposited by members? These are mere scam artists who have nothing else to do but scam investors. Did you know members could be depositing funds straight to owner’s bank account? Now you know the scales of this scam.

Another unsettling issue we discovered pertains to segregation of accounts. As it turns out, PrimeOT is pooling funds in one account. These are unacceptable trading practices which are putting funds at jeopardy. These are scam artists who will lose your funds when bankruptcy sets in. Insolvency can also occur and no member should expect any compensation. PrimeOT is not insuring funds as dictated by trading laws.

Is PrimeOT a scam?

PrimeOT is a scam as most members will testify to this statement. From lack of proper licensing to having no credibility, Prime OT is a scam. Stay away and resist any calls to join their affiliate programs.

Verdict

PrimeOT Review Broker Review

Adding this broker to our scam blacklist will protect anyone reading this review. Stay away and don’t click on any links sent by their email marketing team.

Why not sign up with leading and proven Crypto Currency trading robots. These are genuine and trusted Crypto currency trading tools with a proven track record. 

Wishing all traders a lucrative and successful trading experience.

If You'd Like to Get Notified When This Site is Updated, Subscribe Below...

Leave a Reply

Your email address will not be published. Required fields are marked *

IQ Mining

Binary Option Scams, Warnings, Reviews & Updates...

Binbotpro

Popular Articles

Follow Us

Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More

Show Buttons
Hide Buttons