PrimeFxInvestment review – Is primefxinvestment.co.uk scam or safe?

PrimeFxInvestment Key Facts

🔴 PrimeFxInvestment creates unrealistic expectations by introducing investment plans with a guaranteed 125% per day guaranteed. A scam sign!

🔴 PrimeFxInvestment doesn't disclose important information about themselves. Red flag!

🔴 PrimeFxInvestment doesn't hold a license to offer financial products and services. Red flag!

🔴 PrimeFxInvestment is a recently registered website. Disturbing sign!

PrimeFxInvestment registration, license and regulation

PrimeFxInvestment is allegedly a brand of BITNOVEL LIMITED, a British company which is in a strike off process. What's more, we can't link this business to the website for there isn't sufficient information to rely on. We researched the British financial authority register but didn't find any licensed company associated with this website. PrimeFxInvestment.co.uk illegally offers financial products and services on regulated markets, and it's most probably a scam, given the pledges they make.

PrimeFxInvestment offers a 125% profit per day, which is a fraudulent promise whatsoever. Such a rate is impossible in real life. As a reference, most of the similar fixed-income products offered by the legit investment service providers bring no more than 5% per year, so beware. We advise traders and investors to avoid dodgy schemes like this one and deal only with the legit companies compliant with the regulations.

When we talk about investments, the critical aspect for traders and investors is the regulation. The regulated companies are licensed by the authorities responsible for supervising the financial markets, therefore safe to put your money in. These companies have to meet the strict rules laid down to sustain the financial system's stability and integrity. But most importantly, the set of requirements businesses have to meet convey customer protection and safety for the investors.

The most comprehensive regulation is the minimum capital requirement which guarantees the companies have money at their disposal to remain stable in turbulent times. The minimum paid-up capital demanded varies- EU and UK- 730 000 EUR; Australia- 1 000 000 AUD; USA, Canada, Switzerland- 20 million USD/CAD/Swiss francs.

Another crucial regulation worth mentioning is about transparency. Each licensed company have to provide the public with its headquarter address, contact numbers, license numbers and so on, making it easy for investors to verify it's a legit business. If it's impossible to find comprehensive information about an investment provider, you'd better dismiss this entity as unreliable.

PrimeFxInvestment.co.uk address and contacts

PrimeFxInvestment lists 32 Harrington Square Camden Town, London, United Kingdom, NW1 2JN as a headquarter address, but we couldn't in any way link this location to the website.

PrimeFxInvestment refuses to reveal their contact numbers, and that's a warning sign whatsoever. The authentic investment companies are obliged by law to be transparent and present the public with their basic corporate information. Yet, more evidence of a scam.

PrimeFxInvestment.co.uk website information

PrimeFxInvestment.co.uk is registered at 16 September 2020 on the United States IP address:104.219.248.28 by NAMECHEAP INC. It co-hosts more than 480 domains, and it's impossible to link PrimeFxInvestment.co.uk to other suspicious websites.

They use privacy protection services to hide the website ownership, which some readers might find disturbing.

Alexa doesn't even rank PrimeFxInvestment.co.uk, so it's an extremely unpopular website people fear to trust.

Scam warning

We paid utmost attention to the regulation and transparency in the sections above because it’s mandatory for trading and investments. Pretty much each company offering financial services have to be authorised by the local financial authority. 

However, some entities operate unlicensed and intentionally run investment fraud. It would be best if you only dealt with companies authorised by the regulators, so always check to make sure they are. Bear in mind that if you trade with unauthorised businesses, you won’t be protected, so it’s very likely to suffer losses almost impossible to recover if things go wrong.

Online scam is trending nowadays with fraudulent websites popping up literally every day. The financial authorities increase the number of warnings issued year after year, but the dangers are still out there and growing exponentially. You’ll realise the hazards when you consider OneCoin scam- it’s still impossible to calculate the total loss, but it’s regarded as 15 billion worth fraud. Make sure to trade with licensed and regulated companies to avoid off-putting losses.