Investment Companies

Prime Profit (primeprofit.net)

1.4 (14 reviews)
🇦🇺 Australia
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1.4
14 reviews
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About Prime Profit (primeprofit.net)

Prime Profit (primeprofit.net) has been flagged by Australian Securities and Investments Commission 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.

Customer Reviews

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Migration from old platform was a mess

H
Harry L.
2 months ago

I requested my data from Prime Profit (primeprofit.net) 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: Fast support response|Segregated accounts|Market news feed|Easy withdrawals

Cons: Nothing significant

Still waiting for my withdrawal

T
Teresa B.
3 months ago

I closed a profitable position at Prime Profit (primeprofit.net) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Dedicated account manager|Regular updates|Low minimum deposit|Fast support response

Cons: Website design could be more modern

Red flags everywhere

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Rachel G.
4 months ago

After seeing ads for Prime Profit (primeprofit.net) online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Australian Securities and Investments Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.

Cons: Unauthorized firm|Found in IOSCO warnings database

Stay far away from this company

M
Michael H.
5 months ago

I was contacted by Prime Profit (primeprofit.net) through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Initially responsive customer service

Cons: Lost entire investment|Reported to authorities|Unresponsive

False promises and poor execution

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Kevin L.
5 months ago

KYC with Prime Profit (primeprofit.net) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.

Pros: Easy to use platform|Tax reports included

Cons: Wish they had more educational resources|Alert system is basic

Nothing but problems since day one

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Alex T.
6 months ago

The so-called education at Prime Profit (primeprofit.net) 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: Dedicated account manager|Good mobile app

Cons: Onboarding videos are outdated

The epitome of bad service

J
Jasmine G.
6 months ago

I have been trying to close my account with Prime Profit (primeprofit.net) 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|Multiple order types|High security standards|Social trading features

Cons: Alert system is basic|Website design could be more modern

Slippage always against the client

S
Simon I.
8 months ago

I trusted Prime Profit (primeprofit.net) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Risk management tools|Fast deposits

Cons: Slow to add new assets|Inactivity fee applies after 12 months

No ESG or ethical investing options

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Owen D.
9 months ago

Do not believe the bonus offer from Prime Profit (primeprofit.net). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited based on a colleague's recommendation and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Tax reports included|Regular updates|Fast deposits

Cons: Currency conversion fee exists|Limited cryptocurrency options

Feeling robbed honestly

S
Sarah B.
9 months ago

I wanted to transfer my portfolio from another broker to Prime Profit (primeprofit.net). 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: Personal attention|Automated trading options|Market news feed|Easy withdrawals

Cons: Website design could be more modern|Currency conversion fee exists