Prime Capital LLC (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.
I have been trying to close my account with Prime Capital LLC (Imposter) 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: Clear documentation|Reliable uptime
Cons: Account statements could be more detailed
I requested my data from Prime Capital LLC (Imposter) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Great customer service|Multi-device support
Cons: Wait times can be long during peak hours
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Prime Capital LLC (Imposter) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Dividend tracking|Social trading features|Demo account available
Cons: Limited cryptocurrency options|Email notifications too frequent
After seeing ads for Prime Capital LLC (Imposter) online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by Financial Markets Authority|Cannot verify credentials
Prime Capital LLC (Imposter) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Social trading features|High security standards|Reliable uptime|Portfolio tracking tools
Cons: Desktop app not available on Linux
Tried to withdraw my funds from Prime Capital LLC (Imposter) and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
I opened an account with Prime Capital LLC (Imposter) for a few weeks now 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: Portfolio tracking tools|Easy to use platform
Cons: Inactivity fee applies after 12 months|Onboarding videos are outdated
If you are reading this considering Prime Capital LLC (Imposter) - run. I wish I had read more negative reviews after comparing multiple platforms. I thought the positive ones were real. Maybe some are. My experience over since I opened my account last year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Market news feed|Clean UI|Good analytical tools|Segregated accounts
Cons: Wait times can be long during peak hours|Limited demo account features
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Prime Capital LLC (Imposter) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Segregated accounts|Real-time alerts
Cons: Limited social trading features|Minor UI glitches occasionally
I gave Prime Capital LLC (Imposter) a fair chance. After since the beginning of the year of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Detailed reporting|Fast execution
Cons: No fractional shares|Limited cryptocurrency options