BrokersView has found that Core Prime appears to be a scam Although Core Prime claims to be highly regulated, it fails to hold any major regulatory credentials. The only relevant information we could find is that Core Prime claims to be registered and regulated by the Saint Lucia International Financial Centre (IFC). The company's name is indeed registered with the Saint Lucia IFC as an IBC company. However, the Saint Lucia IFC is an offshore jurisdiction that does not licence forex trading, meaning the company is effectively unregulated and poses a significant risk to investors. Therefore, Brokersview has identified it as a scam.
Core Prime
VisitRisk Level - High
Core Prime
Risk Level - High
Scam Evidence & Warnings
No reply from Core Prime lately.....starting to wonder if they are a scam broker. Dear Investor, Following our investigation, we believe that Core Prime appears to be a fraudulent broker. Although it claims to be highly regulated, it fails to hold any major regulatory credentials. The only relevant information we could find is that Core Prime claims to be registered and regulated by the Saint Lucia International Financial Centre (IFC). The company's name is indeed registered with the Saint Lucia IFC as an IBC company. However, the Saint Lucia IFC is an offshore jurisdiction that does not licence forex trading, meaning the company is effectively unregulated and poses a significant risk to investors. Therefore, entrusting it with investors' funds would be highly risky. If you have issues dealing with this broker, we recommend reporting the issue to your local authorities. Gather all relevant evidence, including transaction records, chat logs and screenshots. You may also file a complaint on our official website here, where our team will carefully review your case and provide guidance or explore potential solutions. Please also beware of recovery scams. Fraudsters often exploit such situations by offering fake recovery services in exchange for upfront fees. Always verify the legitimacy of anyone offering assistance. View Source
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