Reported Website: https://primetradenetwork.com/
Primetradenetwork claims to be one of the largest brokers in the world with more than 11 years of experience. But when we checked its domain, we found it was created in 2021. So where are its 11 years of experience from? It is a red flag here. Besides, Primetradenetwork claims to be regulated by the world’s biggest supervision authorities does not specify which regulators authorize it. Primetradenetwork only presents its company address in the United States. As per United States law, US residents and citizens are only permitted to operate with NFA-regulated forex brokers. Firms and individuals, who need to possess the relevant regulation issued by the National Futures Association (NFA), will be allowed to solicit or approach US citizens. However, we did not find any match results to Primetradenetwork in NFA. The truth is that Primetradenetwork is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
