Should You Trade with PrimeTrade247?
PrimeTrade247 offers a variety of trading products and types, including options, forex, cryptocurrency as well as crypto mining, social copy trading and other methods. PrimeTrade247 also says it offers MetaTrader 4 which is a popular trading platform. This may all sound good, but we could not find a license for this broker. Working with an unregulated broker is never a good idea no matter what services they offer.
There Are Some Things You Should Know Before Trading with PrimeTrade247?
The main thing to know about PrimeTrade247 is that it is an unregulated broker. Without a license, clients are not protected in case something goes wrong or if there is a dispute. Therefore, research a broker carefully before signing up for an account. All we found with PrimeTrade247 were bells and whistles but we could find no facts or licenses or identities behind the broker. Therefore, we would not recommend trading with PrimeTrade247 and would instead suggest looking for a regulated broker.
We Found the Following Problems With PrimeTrade247:
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Not regulated
- No transparency
- No contact information
- Bad reviews
What if You Have an Account withYllGlobal?
If you have an account with PrimeTrade247, we urge you to close it immediately and ask for a withdrawal of your funds. If the broker does not return your funds, you should report it and file a claim. ReportScamOnline will assist you with your claim and can help you retrieve your funds from the blockchain or through a chargeback or wire recall.