primenestrade.live 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.
What really bothers me about primenestrade.live is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after doing extensive research and I fell for the polished exterior. Never again.
Pros: Competitive fees|Dividend tracking
Cons: No integrated tax optimization|Limited cryptocurrency options
I wanted to transfer my portfolio from another broker to primenestrade.live. 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: Copy trading available|Easy to use platform|High security standards|Instant funding
Cons: Nothing significant
KYC with primenestrade.live 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: Regular updates|Excellent charting|Clear documentation
Cons: Website design could be more modern
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. primenestrade.live said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Fast support response|Personal attention|Portfolio tracking tools|Segregated accounts
Cons: Wait times can be long during peak hours
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that primenestrade.live 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: Flagged by Financial Conduct Authority|Cannot verify credentials
I want to warn everyone about primenestrade.live. They have been flagged by Financial Conduct Authority 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.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
My withdrawal from primenestrade.live was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since the beginning of the year of being strung along.
Pros: Clear documentation|Good analytical tools
Cons: Could offer more webinars
After using primenestrade.live for roughly four months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Responsive team|Real-time alerts|Transparent fees|Economic calendar
Cons: Some tools only available on higher tiers|Email notifications too frequent