MetaTrader 4
MetaTrader 4 is the only platform recorded for this brand, offered for Windows, iOS and Android. No working download link is currently reachable.
Runs on
- Windows
- Mac
- Web
- Android
- iOS
Details
Is Prime Markets a scam?
Wikilix independent safety report
0%Scam risk
Insufficient evidenceConfidence: LOW
3.0/5Safety rating 3 out of 5
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 · ModerateIdentity & transparency7/10 · HighWithdrawals & conduct3/10 · LowReputation5/10 · ModerateWebsite claims5/10 · ModerateOperational history7/10 · High
Editorial review
Broker Summary
What Wikilix has recorded about Prime Markets: its history, the licences it holds, its trading conditions and its fees.
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.
Regulation check
Regulatory Licenses
We have not confirmed any regulation for Prime Markets. Money deposited with an unregulated broker is protected only by the company itself.
No regulation
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for Prime Markets. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Trading accounts
Account Types
2 account types on record. Minimum deposit from USD 2,000. Leverage up to 1:100.
2 account types
| Account | Min Deposit | Leverage | Commission |
|---|---|---|---|
| StandardStandard | USD 2,000 | 1:100 | Not recorded |
| ECNECN | USD 50,000 | 1:100 | Not recorded |
Trading software
Trading Platforms
One trading platform on record: MetaTrader 4.
1 platform
Legal entities
Corporate Network
One legal entity behind the Prime Markets brand.
1 entity
- PRIME MARKETS LIMITEDinactiveUnited KingdomRegistration 02818995 (claimed; no such number exists at UK Companies House)The operating entity attributed to this brand. Company number 02818995 returns no result at UK Companies House, and no company named PRIME MARKETS LIMITED appears on that register, so the entity could not be verified.
Company registry check
Company Registration
Prime Markets names PRIME MARKETS LIMITED as the operating company. We could not confirm that registration on the registry.
Not confirmed on registry
- Legal entity
- PRIME MARKETS LIMITED
- Registration number
- 02818995
- Jurisdiction
- United Kingdom
- Registry
- UK Companies House
Peer comparison
Brokers worth comparing
3 other brokers on the record share what Prime Markets offers — its country, regulator, account types or platforms — set beside it on the same measures.
3 peers
Prime Markets
This recordUnited Kingdom · since 2019Wikilix score 39.0RegulationNo RegulationMax leverage1:100Platforms1LicencesNot recordedFXVC
United Kingdom · since 2014· Centralspot Trading LtdWikilix score 38.3RegulationRegulatedCySECMax leverage1:300PlatformsNot recordedLicences1RS Finance
Saint Vincent and the Grenadines · since 2015· RS Finance LimitedWikilix score 39.0RegulationOffshoreASICMax leverage1:500Platforms2Licences2FXCESS
British Virgin Islands · since 2019Wikilix score 39.0RegulationNo RegulationMax leverage1:1000Platforms1LicencesNot recorded
Frequently Asked Questions
Frequently Asked Questions
Common questions about Prime Markets
Most Popular Questions
Check the licence number yourself on the regulator's own register rather than trusting the broker's page, confirm the legal entity and its number on the corporate registry of the country it claims, and confirm that the entity on the register is the same one that will take your deposit. Prime Markets fails all three tests: no licence, a company number that does not exist, and no reachable site.
Stop sending funds immediately, including any request framed as a tax, release fee or margin top-up, since demands for further payment before a withdrawal are the standard pattern. Gather your statements, deposit receipts and all correspondence, ask your card issuer or bank about a chargeback or payment reversal, and report the loss to the financial-crime or fraud authority and the police in your own country. Be wary of anyone offering to recover the funds for a fee.
There is no evidence of segregated client accounts, of a tier-one bank custodian, or of any compensation or investor protection scheme. Those protections exist only where a regulator imposes them, and no regulator supervises this brand.
WIKILIX could not determine any country policy, because the site that would publish the restricted-jurisdiction list is unreachable and no regulator filing exists. In practical terms the brand should be treated as unavailable everywhere: there is no licensed entity to open an account with.
The corporate record associated with the brand carries a 2019 establishment date, which would make it roughly six or seven years old. That record is the one whose company number cannot be found on the UK register, so the founding date is a claim rather than a verified fact.
Spreads were variable and depended on the instrument: from about 1.4 pips on EUR/USD and 3.8 pips on EUR/AUD on the entry account, and from 0.2 pips on the ECN tier. No commission was disclosed on any account. None of this could be verified against a live official page.
Visa and Mastercard and unnamed e-wallets were offered, with no withdrawal fee stated. Processing times and limits were never published. With the site offline and no regulator behind the firm, there is no functioning withdrawal channel and no complaints body to escalate to.
MetaTrader 4, described as available for Windows, iOS and Android. No working download link is reachable now. MetaTrader 4 is licensed to thousands of firms and its presence says nothing about whether an operator is legitimate.
Up to 1:100 on every account tier. That is modest by offshore standards, but leverage limits are meaningless protection when no regulator enforces them and client funds are not segregated under any supervision.
The Standard account was advertised from a 2,000 USD minimum deposit and the ECN account from 50,000 USD. A third tier required no cash deposit. These are historic figures that cannot be re-checked, because the official website is gone.
No. primemarkets.net does not resolve in DNS on either the apex domain or the www host, so the site cannot be opened at all. Any page still circulating under that name, or a lookalike domain, should be treated as unrelated and unsafe.
The entity attributed to the brand is PRIME MARKETS LIMITED, presented as a United Kingdom company, while the brand's own promotional material elsewhere described the business as registered in Saint Vincent and the Grenadines. Neither claim could be confirmed: no company of that name appears on the UK register, and the two descriptions do not reconcile. In practice the operator is unidentified.
WIKILIX rates it a likely scam. Three findings drive that: there is no trading licence anywhere; the UK company number the brand is associated with, 02818995, does not exist at UK Companies House; and the website primemarkets.net no longer resolves, which is the usual end state of an operation that has closed rather than of a broker managing an orderly wind-down. Do not send money to anyone using this name.
No. WIKILIX found no forex or CFD trading licence for Prime Markets with any statutory financial regulator, onshore or offshore. There is no authorisation number to check and no regulator that supervises client money for this brand.
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