Central Prime (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The platform at Central Prime (Imposter) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about ten months of dealing with this, I have had enough.
Pros: Risk management tools|Dividend tracking|Competitive fees|Two-factor authentication
Cons: Minor UI glitches occasionally|No integrated tax optimization
Where do I even begin with Central Prime (Imposter)? for over three years of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Two-factor authentication|Dedicated account manager|Economic calendar|Fast deposits
Cons: Limited cryptocurrency options
I invested $500 with Central Prime (Imposter) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
Several red flags with Central Prime (Imposter): (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
Central Prime (Imposter) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Personal attention|Multi-device support|Fast deposits|Dividend tracking
Cons: No live chat on mobile
I wanted to transfer my portfolio from another broker to Central Prime (Imposter). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: No hidden fees|Competitive fees|Multi-device support
Cons: Wait times can be long during peak hours
Do not be fooled by the professional-looking website. Behind the scenes, Central Prime (Imposter) is disorganized and incompetent. I found them through a forum discussion and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Stable platform|Helpful community forum|No hidden fees
Cons: Withdrawal takes 1-2 business days|Minimum deposit could be lower