Warning: Is PrimeAssetFX a Scam?

Review: PrimeAssetFX (primeassetfx.com)

PrimeAssetFX (primeassetfx.com) has been flagged as a suspected scam platform.

We found that the company name is Prime Asset FX, it is located at 20-22 Wenlock Road, London, United Kingdom, N1 7GU, and the support email is support@primeassetfx.com.

PrimeAssetFX claims to be a trading firm, but it is unregulated by any top-tier financial regulator, like the ASIC or CySEC.

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Is PrimeAssetFX Safe?

Our check reveals that PrimeAssetFX does not hold a valid license.

Investing with unregulated brokers is extremely dangerous. Real firms are must be authorized with agencies like the FINRA or FCA to ensure consumer safety.

PrimeAssetFX lacks this protection. This means there is no protection if they keep your funds. Many online scams involve unregulated actors, and getting back money from them is difficult without professional assistance.

For example, in Europe, unlicensed firms are not covered by the Financial Ombudsman. In America, they are not part of SIPC, so your capital is at risk.

Warning Signs of PrimeAssetFX

Investment fraud is evolving. Scammers use manipulation to steal wealth. Below are common tactics seen in sites similar to PrimeAssetFX (primeassetfx.com).

The "Romance" Trap

"Pig Butchering" is a brutal method where scammers build trust over weeks. They build a relationship online. Once trust is built, they introduce a secret crypto opportunity. It is a lie to lure you onto a fake platform like PrimeAssetFX.

The "Bonus" Trap

Scammers create websites that mimic legit trading apps. You see graphs and balances that go up. But it is a simulation. The scammer manipulates the numbers to make you feel rich so you invest more. When you try to withdraw, the "profits" are gone.

Other Warning Signs

• Cold Calling: They call you from "brokers" out of the blue.
• No License: The company has no authorization.
• Guaranteed Profits: They guarantee 1% daily returns with no risk.
• Withdrawal Issues: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" pressure you to deposit more.

Ignore fake reviews. Scammers often write their own positive comments to look legitimate.

Conclusion

PrimeAssetFX is not trusted. It appears to be a scam. Save your funds and use a regulated broker. Avoid primeassetfx.com at all costs.