Weclome to our PrimeXBTBroker Review regarding the website currently found at primexbtbroker.com.
This PrimeXBTBroker review aims to provide insights into the legitimacy of a website with the domain primexbtbroker.com. The website claims to offer investment advice, market analysis, and portfolio management, including stock trading, mutual funds, ETFs, and commodity trading.
We are not referring to Prime XBT or PrimeX Broker, which offer trading services in forex, global markets, and various markets such as cryptocurrency.
According to the review, the domain was registered on December 9, 2022, for one year, and has no popularity data. The review also shares information about the company’s provided services, such as cryptocurrency investments, stock trading, and real estate investments.
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The website offers different investment plans with different daily return on investment (ROI) rates and durations, and it promotes real estate investment as a smart way to generate passive income. The review highlights that the provided information lists three investment plans and encourages investors to do their due diligence before investing.
Yesterday, March 9, 2023, we received the following message by a person who claims being scammed by primexbtbroker.com:
I lost 40,000€ and I reported it to the police via my lawyer. Please review it so that no one else becomes a victim of a scam like this.
So is PrimeXBTBroker indeed a SCAM?
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First, we should clarify that this review is not referring to Prime XBT, a website found at primexbt.com. PrimeXBT is a trading platform that was founded in 2018 and provides clients in over 150 countries with access to top-tier liquidity and a wide range of trading tools. The platform offers margin trading, copy trading, long/short trading, and trading contests in various markets including cryptocurrency, forex, indices, and commodities.
It’s also not referring to PrimeX Broker, a website found at primexbroker.com, which offers trading services in the forex and global markets with over 400 financial instruments available for trading through the ECN network directly between different global liquidity providers.
Our review is about PrimeXBTBroker.com, a domain which was registered on December 9, 2022 for one year through NameCheap, Inc. It’s also hosted by NameCheap. Information regarding the owners of the domain is hidden using a privacy service.
It has no popularity data, which is not surprising given it’s only 3 months old.
According to their homepage, PrimeXBroker is a trading company that provides investment advice, market analysis, portfolio management, and execution of trades services to clients. The company offers services such as stock trading, mutual fund and ETF trading, commodity trading, and retirement planning and asset allocation.
PrimeXBroker has allegedly won ten awards and has over eight years of experience.
Though as we’ve seen they have only been around for 3 months!
The company has a user-friendly trading platform, and its team is knowledgeable and professional. PrimeXBroker offers market analysis and research to help investors make informed decisions about investments.
The company offers cryptocurrency investments, stock trade, and real estate investments, providing different investment plans (Bronze, Gold, Diamond) with different daily return on investment (ROI) rates and durations.
Three investment plans are offered by PrimeXBroker:
Bronze Starter Plan: This plan requires a deposit of $500 and offers a daily ROI (Return on Investment) of 4%. It provides negative balance protection, scalping, and a one-month trade duration. Daily account updates are also provided.
Gold Pro Plan: This plan requires a deposit of $1000 and offers a daily ROI of 5%. It also provides negative balance protection, scalping, and a two-month trade duration. Daily account updates are also provided.
Diamond Master Plan: This plan requires a deposit of $5000 and offers a daily ROI of 8%. It provides negative balance protection, scalping, and a five-month trade duration. Daily account updates are also provided.
The website promotes real estate investment as a smart way to generate passive income, earn tax benefits and achieve capital appreciation.
It mentions several ways to invest in real estate such as buying rental properties, flipping houses, and investing in real estate investment trusts (REITs).
It also offers investment opportunities for rental properties in different locations, highlighting the features of the properties such as high security and modern design.
The website encourages investors to work with real estate investment professionals to develop customized investment plans.
Prime xbtbroker offers investing in various assets, including stocks, cryptocurrencies, and real estate.
The page about stock investment emphasizes the importance of doing research, understanding the risks and rewards, and diversifying one’s portfolio.
The company aims to deliver the best possible results for its clients and foster a culture of innovation and continuous learning.
The website provides market news, analysis, and stock recommendations from its experts.
It also offers a wide range of services and a stable pricing plan.
Cryptocurrency investment has become popular due to the potential for high returns, increased security, and privacy.
Cryptocurrencies are digital assets that use cryptography to secure and verify transactions. They operate on decentralized networks and are not controlled by any single entity.
However, cryptocurrency investment also involves risks, such as volatility and the possibility of losing money, and lack of regulation and oversight.
Prime X Broker is an investment company committed to providing clients with investment opportunities that are transparent, diversified, up-to-date, and supported by top-notch customer service.
The company’s policies are designed to help clients achieve their financial goals and build long-term relationships based on trust.
The company offers a wide range of investment options, including crypto investments, stock trading, and real estate. Clients can expect clear and concise information about each investment, regular updates on portfolio performance, and personalized guidance and support.
Who is behind Prime XBroker?
According to the About page, Primex Brokerage is an investment company that offers a wide range of services, including investment management, trading, and portfolio analysis.
Founded in 2005 by a group of investors, Primex Brokerage has allegedly become a trusted name in the investment world.
The company aims to provide quality, personalized financial advice and services to help customers make informed decisions about their financial future.
No registered address or any names are provided, not to mention any social media accounts such as LinkedIn, which can allow us to verify the authenticity of this business.
Their contact information is:
Address: 123 Fifth Avenue, NY 10160, New York, USA (this is an address of a building which houses many companies, however Prime X Broker is not one of them, according to Google Maps.
Email: support@primexbroker [sic]
Telephone: 800-123-456 (this is a fake number).
There are also links to with images of Facebook, Twitter, and YouTube, but they do not work, a contact form that also doesn’t work, and a live chat widget.
Primex btbroker is not mentioned anywhere on the web at the moment, so not even reviews can be found about them.
So we check if this site is a member of a larger network of similar scams…
And we do not find any evidence of that.
PrimeXBTBroker Scam – Bottom Line
Even if we ignore the multiple errors including spelling mistakes, dysfunctional website, lies (e.g., “Primex Brokerage has allegedly become a trusted name in the investment world”), unpopularity, and novelty, there’s also the issue of unrealistic ROIs.
A daily ROI of 4-8% is not typical and is generally considered to be an extremely high rate of return. In fact, such high daily returns are often associated with Ponzi schemes or other fraudulent investment schemes.
Our conclusion thus is that PrimeXBTBroker.com / Prime X Broker is a SCAM!
In conclusion, this review provides valuable information for potential investors about the legitimacy of primexbtbroker.com. The website claims to offer various investment opportunities, but investors must do their due diligence before investing to avoid scams. Therefore, it is important to research the background of any company offering investment services and make sure they are legitimate and licensed.
Experienced traders should also consider trading fees, order types, order execution, overnight financing, and other factors to develop successful trading strategies.
Primexbt Broker is based in St. Vincent and the Grenadines and offers leveraged trades. Investors may want to use a demo account to test the website’s trading platform before investing real money.
If you have any experience with Primex BT Broker, share your experience by leaving a comment below this review.
If you lost money online to online scams such as Prime XBT Broker, make sure to get a free consultation with one of our recommended scam recovery companies.