✔️ Information reviewed and updated in July 2024 by Eduardo López

IS Prince Markets RELIABLE? OPINIONS

Today we are going to evaluate Prince Markets. Is it the broker Forex CFDs, indices, stocks, precious metals, energies, ETFs and cryptocurrency Prince Markets, operating through princemarkets.com, a company you can trust? Is it safe to invest your money with them? I will do a thorough analysis of this company.

I'm going to explain to you why Prince Markets seems like a company to me. UNSAFE AND NOTHING RELIABLE. BE CAREFUL WITH THIS TYPE OF COMPANIES!


ℹ️ BROKER DATA:

There are two important points I want to make here: (1) first, the regulation of the company and (2) second, its location. These are crucial factors to measure the seriousness and reliability of a company.

Is the company unregulated or regulated by a country with little credibility? Is the company located in a non-serious place or does it not mention its location? These are questions every investor should ask themselves when evaluating the company's trustworthiness.

InformationAbout the company
(I.e. CompanyPrince Markets International LTD
???? AddressNot mentioned
📄 Attend the eventNot mentioned
🛡️ RegulapainNot mentioned
️ ️ PhoneDoes not have
📧 Email[email protected], [email protected], [email protected], [email protected], [email protected], [email protected].
🌐 Websiteprincemarkets.com
???? Live ChatNo
💳 Payment methodsCredit card, cryptocurrencies, Visa, Mastercard, Neteller, Skril
Company typeCFD broker for forex, indices, stocks, precious metals, energies, ETFs and cryptocurrency

📞 LIST OF PHONE NUMBERS:

I have not found any contact phone number for the company. The lack of ways to communicate makes me feel uncomfortable. This is not normal.


💰 DEPOSITS AND ACCOUNTS:

Here is a brief analysis of the types of plans/accounts available at Prince Markets; They are distributed into 4 categories. Below is a table with information on the minimum deposits for each type of account.

TYPE OF plans/accountsMINIMUM INITIAL DEPOSIT
SILVER $100
GOLD$500
PLATINUM$5000
PALLADIUM$100

🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

Prince Markets website
  • About the age of the website: The domain “princemarkets.com” was registered on April 29, 2021. This suggests that the website is quite recent and lacks age. 🚩
  • According to the website, it belongs to “Prince Markets International LTD”, but I have not been able to find this company in official records. This suggests that it could be a fake company. 🚩
  • As I mentioned above, the company does not mention being regulated, which makes me think that it is not subject to any regulations. 🚩

⭐ Prince Markets OPINION:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company does not mention being regulated or anything about its regulation. I understand that it is a UNREGULATED company.

2) According to the information provided, the company claims to be located in the United Kingdom, but I have reservations about the veracity of this claim. Extreme caution is recommended.

3) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “princemarkets.com” was registered on April 29th 2021. It is very recent.

4) The fake profitability offer is presented in the account options, especially in the PALLADIUM account, which mentions a minimum deposit of $100 with a maximum leverage of 1:100. This level of leverage is unrealistic for large corporations and suggests a disproportionately high risk relative to the size of the minimum deposit offered.

5) The company's reputation on the internet is very poor, with customer complaints easily found.

6) Complaints have been filed against the company with the following financial regulators: CySEC, Financial Regulator of Cyprus. This suggests that it is a risky venture, so it is advisable to be cautious.

“To be honest, I wouldn't bet on investing in a company like this: it is not regulated. He mentions belonging to a company Prince Markets International LTD which apparently is a fake company. From my perspective, I cannot recommend such a company.”


💬 WHAT TO THINK ABOUT A COMPANY LIKE Prince Markets?:

Prince Markets is an investment platform that generates significant concerns due to his lack of transparency y regulation. Although the domain “princemarkets.com” was registered in 2021, the company is not registered as “Prince Markets International LTD” in official records, which raises suspicions about its authenticity. The absence of official regulation is also alarming, as it indicates that Prince Markets could operate without being subject to the financial regulations that protect investors.

The Prince Markets profitability offer, especially in your account PALLADIUM with high levels of leverage and potentially inflated returns, raises serious questions about the sustainability and veracity of their profit promises. This suggests a disproportionately high risk for investors, especially those who are not familiar with financial standards and market practices.

Furthermore, the reputation from Prince Markets online is marked by numerous customer complaints, who report problems with the execution of operations, withdrawals of funds and poor customer service. These factors combined with the complaints registered with CySEC, the financial regulator of Cyprus, underscore the caution investors should exercise when considering this platform. In conclusion, potential investors are advised to do their research thoroughly and consider more transparent and regulated alternatives before committing their capital to Prince Markets.


📣 LATEST UPDATES:

1) Update June 2024: la CySEC, Financial Regulator of Cyprus, has denounced Prince Markets.


✔️ START CLAIM PROCESS AGAINST Prince Markets:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can start recovering your money.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT Prince Markets:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is the nature of Prince Markets?

Prince Markets is an advanced investment broker for trading CFDs (Contracts for Difference) on a wide range of financial assets. With access to over 600 assets across 6 different asset classes, including Forex, Indices, Stocks, Precious Metals, Energies, ETFs and Cryptocurrencies, Prince Markets promotes efficient and profitable trading.

Is Prince Markets a fraudulent company?

In my opinion, yes it is. I firmly believe that Prince Markets is a scam. I base this conclusion on several alarming characteristics of the company, including negative reports and questionable business practices that have been pointed out by users and market experts. I strongly recommend avoiding any type of business relationship with this entity due to the high risk it represents.

Is Prince Markets safe?

In my experience, Prince Markets does not inspire confidence. The multiple warning signs I have noticed indicate a lack of transparency and security. It is essential to be extremely cautious when considering any business relationship with this entity, as it could carry significant risks for investors and those interested in its services.

How can I recover my investment from Prince Markets?

If you have been scammed or lost money, I suggest you explore recovery options. capital recovery.

Which broker is recommended to make investments?

To find a reliable and safe company, I would recommend you check eThe ranking of the best brokers and also investigate the 3 best brokers of the month.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (293 votes)

2 comments on «IS Prince Markets RELIABLE? OPINIONS»

  1. Judith Reply

    They are offering me to invest, I am afraid, I do not want to lose my savings or be scammed. do you have information? Thank you so much!.

    • reliableforexbroker.com Reply

      Hello Judith, Prince Markets is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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