Warning: Is PrimeQuotex a Scam?
⚠️ PrimeQuotex has been reported by the Financial Conduct Authority (United Kingdom).
Our experts warn you to avoid PrimeQuotex (pquotex.com). It operates without a valid financial license.
Warning: PrimeQuotex (pquotex.com) Analysis
Our analysts strongly advise you to steer clear of PrimeQuotex (pquotex.com).
We found that it is located at UNITED KINGDOM, the phone number is 7027064466, and the support email is support@pquotex.com.
PrimeQuotex presents itself as a investment firm, but it appears currently illegal by any major commission, like the ASIC or CySEC.
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Safety Analysis: PrimeQuotex
The biggest sign is that PrimeQuotex (pquotex.com) lacks regulation from a credible authority.
Trading with unregulated firms is extremely dangerous. Real firms are always licensed with bodies like the FCA, CySEC, or CFTC to ensure consumer safety.
PrimeQuotex operates without this protection. As a result, there is no protection if they steal your funds. Many online scams involve unregulated actors, and recovering funds from them is challenging without expert assistance.
For example, in the UK, unlicensed firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not part of SIPC, meaning your money is at risk.
Warning Signs of PrimeQuotex
Online trading fraud is getting smarter. Scammers use psychological tricks to take wealth. Here are common methods seen in sites similar to PrimeQuotex (pquotex.com).
The "Romance" Trap
The "Romance Scam" is a cruel tactic where scammers groom victims over months. They fake a romance on social media. Once trust is built, they mention a special investment. It is a lie to lure you onto a scam site like PrimeQuotex.
Fake Trading Dashboards
Scammers build websites that look exactly like real trading apps. You see graphs and balances that increase. But it is a game. The broker manipulates the prices to make you feel rich so you invest more. If you ask for a payout, the "profits" disappear.
Other Warning Signs
- Cold Calling: You get calls from "brokers" out of the blue.
- No License: The firm has no legal registration.
- High Returns: They guarantee huge profits with no risk.
- Withdrawal Issues: They refuse withdrawals. They demand "tax fees" first.
- Pressure Tactics: Agents push you to invest bigger amounts.
Do not trust positive ratings. Fraudulent brokers frequently write their own positive comments to look legitimate.
Final Thoughts
Our verdict is to avoid PrimeQuotex. It is likely a fraud. Protect your money and use a regulated broker. Avoid pquotex.com at all costs.
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