Primaxtradeoption has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". Primaxtradeoption is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: primaxtradeoption.com.
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Primaxtradeoption is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials
Where do I even begin with Primaxtradeoption? for about three months 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: Wide product range|Demo account available|Great customer service|Clear documentation
Cons: Help articles are sometimes vague
The onboarding at Primaxtradeoption was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Instant funding|Tax reports included
Cons: Help articles are sometimes vague|Email notifications too frequent
Primaxtradeoption has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Economic calendar|Dividend tracking|Fast execution|Low minimum deposit
Cons: Minor UI glitches occasionally
I have been trying to close my account with Primaxtradeoption for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: No hidden fees|Excellent charting
Cons: Minimum deposit could be lower
I want to warn everyone about Primaxtradeoption. They have been flagged by Autorité des marchés financiers as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Lost entire investment|Reported to authorities|Unresponsive
I opened an account with Primaxtradeoption since last summer ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Segregated accounts|Fast deposits|Good analytical tools
Cons: Research section could be deeper
I experienced a security concern with my Primaxtradeoption account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Helpful community forum|Regular platform improvements|Social trading features|Demo account available
Cons: Research section could be deeper
The platform at Primaxtradeoption is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about eight months of dealing with this, I have had enough.
Pros: Multi-device support|Easy to use platform
Cons: Limited social trading features
I was about to invest with Primaxtradeoption but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Autorité des marchés financiers has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly