Marex
Marex Group91.3Regulated
United KingdomEst. 2005FCA
1:5004 licences
Is Prime Markets a scam?
Wikilix independent safety report
0%Scam riskScam risk is our overall estimate that this broker is unsafe, from 0% (safe) to 100% (almost certainly a scam). It blends the six risk areas below, weighted by how strong the evidence is. Higher means riskier.
Insufficient evidenceOur overall call, based on the evidence we could verify. From safest to worst: Appears legitimate, Insufficient evidence, High risk (unverified), Likely scam, Confirmed scam. A separate "Not a broker" verdict is used when it does not really offer trading.Confidence: LOWHow sure we are of this verdict, based on how much solid, checkable evidence we found. Shown as Low, Medium or High.
3.0/5Safety rating 3 out of 5
The Wikilix safety rating, from 1 to 5 stars. It mirrors the scam risk (5 = safest, 1 = riskiest), so a higher risk percentage means fewer stars.We cannot say whether this Prime Markets record is a scam, because the website on file for it, primemarkets.net, is not a registered domain and we found no evidence it ever operated as a brokerage. T…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation5/10 · ModerateIs it overseen by a strict, well-known financial regulator? Offshore-only or missing licences score higher.Scored 0 (clean) to 10 (worst). This area is 5/10 (Moderate).Identity & transparency7/10 · HighHow openly it shows who and where it is (legal entity, address, owners). Hidden details score higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Withdrawals & conduct3/10 · LowCredible reports of clients being unable to withdraw their money. More such reports score higher.Scored 0 (clean) to 10 (worst). This area is 3/10 (Low).Reputation5/10 · ModerateWhat independent reviews, regulators and watchdogs say about it. A poor track record scores higher.Scored 0 (clean) to 10 (worst). This area is 5/10 (Moderate).Website claims5/10 · ModerateWhether the site claims (awards, years active, licences) actually check out. False claims score higher.Scored 0 (clean) to 10 (worst). This area is 5/10 (Moderate).Operational history7/10 · HighHow long and how consistently it has genuinely operated. Brand-new or murky history scores higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).
Broker Summary
Summary of the broker
Prime Markets is a forex and CFD brand that presented itself as a United Kingdom operation while also describing itself as registered in Saint Vincent and the Grenadines. WIKILIX could find no forex or CFD trading licence for it with any financial regulator, and the brand's own website, primemarkets.net, no longer resolves in DNS at all, so nothing it once published can be read or confirmed today.
Regulation. There is no evidence of authorisation by any statutory financial regulator. A company registration is not a licence, and in this case even the corporate claim does not hold up: the legal entity attributed to the brand, PRIME MARKETS LIMITED, is said to carry UK company number 02818995, and that number returns no result at UK Companies House. A name search on the same register returns no company called PRIME MARKETS LIMITED either.
What was offered. The recorded offering was MetaTrader 4 on Windows, iOS and Android, with three account tiers: a Standard account from a 2,000 USD minimum deposit, an ECN account from 50,000 USD with spreads from 0.2 pips, and a no-cash-deposit account. Leverage was capped at 1:100 across all tiers, base currencies were USD, EUR, GBP, CHF and JPY, and minimum trade size was 0.1 lots on forex or 1 lot on CFDs. Spreads were variable and instrument-dependent, from about 1.4 pips on EUR/USD and 3.8 pips on EUR/AUD, with no commission disclosed. Instruments spanned indices, commodities, precious metals, shares and cryptocurrencies. Funding was by Visa and Mastercard and by e-wallets, with no withdrawal fee stated. None of these terms could be re-checked against a live official website during this review.
Who it suits. Nobody. With no licence, no reachable website and an unverifiable operating company, there is no route for a client to deposit safely or to escalate a dispute to a regulator. A 2,000 USD entry barrier and a 50,000 USD ECN tier put real money behind an operator that cannot be identified.
Caveats. Because the official website is unreachable, the commercial terms above are historic and uncorroborated. Anyone contacted by someone using this brand name today should assume the contact is unrelated to any regulated firm and should not transfer funds.
Regulatory Licenses
Compliance & oversight
No Regulatory Licenses
This broker does not have any verified regulatory licenses on file.
Trading with unregulated brokers carries significant risks.
Account Types
Trading account options
2 types
StandardStandard · StandardMin Deposit USD 2,000 • Leverage 1:100
Standard
Standard · Standard
Min DepositUSD 2,000
Leverage1:100
ECNECN · ECNMin Deposit USD 50,000 • Leverage 1:100
ECN
ECN · ECN
Min DepositUSD 50,000
Leverage1:100
2
Total Types
2
Categories
✓
ECN Available
Funding Methods
Deposit & withdrawal options
No Funding Methods
Funding method information is not available for this broker yet.
Trading Platforms
Professional trading tools
1 Available
MetaTrader 4
by MetaQuotes Software Corp. • 2005
Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit
Global Domains
Worldwide web presence
0 sites
No Website Information
Website domains not available for this broker yet.
Social Presence
Digital community engagement
0 platform
No Social Media Presence
This broker doesn't have active social media accounts
Corporate Network
Enterprise structure & relationships
1 entities
PRIME MARKETS LIMITED
United Kingdom
inactive
Registration
02818995 (claimed; no such number exists at UK Companies House)
Established
N/A
Company Registration
Legal entity checked against the official company registry
Legal entity
PRIME MARKETS LIMITED
Registration number
02818995
Jurisdiction
United Kingdom
Registry
UK Companies House
From our latest investigation · Verified Aug 19, 2026
View on official registry
Comments
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