BrokersView has reviewed that Capitalprimex is an unregulated broker Capitalprimex claims to have an office address in the US. To be considered a legitimate forex broker in this country, it must be registered as a member of the National Futures Association (NFA). However, our research indicates that it is not under the NFA's oversight, which raises a red flag. While Capitalprimex asserts that it holds the AFSL 436416 issued by the Australian Securities and Investments Commission (ASIC) and the license 40356 by the Vanuatu Financial Services Commission (VFSC), our investigation reveals that these two licenses are actually associated with Trademax. The profiles provided by financial regulators suggest that Capitalprimex has no affiliation with this legitimate entity. This situation appears to be a case of identity theft. In essence, Capitalprimex is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Capitalprimex appears to be a scam.
Capitalprimex
VisitRisk Level - High
Capitalprimex
Risk Level - High
Scam Evidence & Warnings
is Capitalprimex regulated in Asia? From the available data, it seems that Capitalprimex is a fraudulent entity, functioning without any regulatory oversight.This purported US-based forex broker lacks the necessary regulation from the National Futures Association (NFA). Alarmingly, it appears to engage in identity theft, misappropriating details of a legitimate entity to deceive potential investors.Given these circumstances, Capitalprimex poses a significant risk to investors. For a safe trading experience, it's recommended to avoid unregulated brokers like Capitalprimex and opt for those under stringent regulation. View Source
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