PRIME CAPITRADE has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
PRIME CAPITRADE had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Helpful community forum|Dedicated account manager|Easy withdrawals|Competitive fees
Cons: Mobile app could be improved
After spending for about three months trying to make PRIME CAPITRADE work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Professional team|Reliable uptime|Clear documentation|Detailed reporting
Cons: Cannot customize dashboard fully|Research section could be deeper
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that PRIME CAPITRADE has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Unauthorized firm|Found in IOSCO warnings database
I referred a friend to PRIME CAPITRADE through my accountant's suggestion. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Professional team|Personal attention
Cons: Email notifications too frequent
PRIME CAPITRADE 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: Excellent charting|Portfolio tracking tools|Low minimum deposit
Cons: Limited demo account features|Currency conversion fee exists
The so-called education at PRIME CAPITRADE is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since last summer thinking they would help me learn.
Pros: Two-factor authentication|Clear documentation
Cons: No phone support on weekends
For anyone considering PRIME CAPITRADE, please be aware that this company has been flagged by Financial Conduct Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status
Where do I even begin with PRIME CAPITRADE? for about eight 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: Multiple order types|Dividend tracking
Cons: Could offer more webinars|No dark mode on mobile
I wanted to transfer my portfolio from another broker to PRIME CAPITRADE. 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: Demo account available|Reliable uptime|Dedicated account manager|Tax reports included
Cons: Limited social trading features
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. PRIME CAPITRADE recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Responsive team|Social trading features
Cons: Wait times can be long during peak hours|Account statements could be more detailed