Wikilix - Broker Reviews & Analysis

Your trusted platform for comprehensive broker reviews, analysis, and trading education. Making informed trading decisions through transparency and community insights.

Trusted by 50,000+ traders worldwide

Quick Links

  • About
  • Contact us
  • Regulators
  • Education
  • Privacy Policy
  • Editorial Policy

Resources

  • All Brokers
  • Top Brokers
  • Scam Alerts
  • News
  • Spread Meter

Connect With Us

[email protected]
[email protected]
Secure & Encrypted
Global Broker Coverage

Broker categories

  • Tier 1 regulated
  • Tier 2 regulated
  • Tier 3 regulated
  • Tier 4 regulated
  • Onshore brokers
  • Offshore brokers
  • Unregulated brokers
  • Brokers by country
  • Broker rankings
© 2026 Wikilix. All Rights Reserved.

Trading involves risk. Please consider your investment objectives and risk tolerance before trading.

Wikilix
  • Home
  • Broker
  • Rankings
  • Regulators
  • Learn
  • Insights
  • Spread Meter
  • Prop Firms
Wikilix
Wikilix

Browse

  • Home
  • Learn
  • Spread Meter

Follow us

  1. Home
  2. Brokers
  3. Prime Markets
  4. Is Prime Markets a scam?

Independent safety report

Is Prime Markets a scam?

Insufficient evidenceLOW confidence
Updated August 19, 2026
Unresolved identity: recorded website never operated as a broker

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.

  • The domain does not resolve. Public DNS returns NXDOMAIN and the .net registry holds no record for it, so nobody owns it today.
  • Every archived capture of primemarkets.net shows something other than a broker: an advertising parking page in 2010, a parking page again in September and October 2024, and a Shopify clothing shop trading as Pols and Kings from February to April 2025.
  • There is a real Prime Markets that regulators acted against, but it used a different address. The FCA warning of 25 May 2023 names www.primemarkets.com and the email [email protected].
  • We will not attach that warning to this record. Matching on a brand name alone is how the wrong company gets published as a scam.
  • This report is a hold, not a clearance. The broker record needs its website corrected by a human before any verdict can be reached.
Full broker profileOfficial site

Safety verdict

Moderate risk
0%Scam risk
3.0/5Safety rating 3 out of 5
Wikilix safety rating
low
Confidence
At a glance
Proof of regulationNot found
Clone of another firmNo
TypeUnresolved identity: recorded website never operated as a broker
Evidence items10
  • VerdictReading now
  • Risk scorecard
  • Who they are
  • Regulation
  • Why this verdict
  • Evidence
  • The other side
  • What would change
  • Check it yourself
  • FAQ
  • What we recommend
Report progress
Total sections11
Read1
VerdictRisk scorecardWho they areRegulationWhy this verdict

Risk scorecard

Each area is scored 0 (clean) to 10 (worst). Higher means more risk.

Worst area: High
SeverityLowModerateHighCritical

Regulation

5/10 · Moderate

No licence claimed or found, but no trading operation was identified at the recorded address either, so this cannot be scored as a genuine regulatory failing.

Identity & transparency

7/10 · High

No legal entity, address or operator could be tied to the record, and the website on file is an unregistered domain. Identity is entirely opaque.

Withdrawals & conduct

3/10 · Low

No fund-integrity or service complaints are attached to this domain on any platform we checked. The absence reflects no identified operation rather than a good payout record.

Reputation

5/10 · Moderate

No review footprint of any kind for the recorded domain. Trustpilot has no page for it and no first-hand accounts name it, so reputation is simply unknown.

Website claims

5/10 · Moderate

No site exists at the recorded address, so no claims could be tested. We found no false statement made by this record itself.

Operational history

7/10 · High

No continuous operation can be evidenced. The domain was parked, then used by an unrelated clothing shop, and is now unregistered, so no track record exists.

Who they are

A quick desk file on the company behind the brand.

  • Brand on record: Prime Markets
  • Legal entity: None established. No operating company could be tied to the recorded domain.
  • Registered address: Not established.
  • Website on record: primemarkets.net, which is not a registered domain as at 19 August 2026.
  • Only licence: None claimed and none found, because no trading operation was identified at this address.
  • Offers: Unknown. No brokerage site exists to describe.
  • Not accepted: Unknown.
  • Age claim: None on file. Our record carries no founding year.
  • Separate operation, not covered here: a Prime Markets at primemarkets.com carries an FCA warning from 2023. We found no evidence linking it to the domain on our file.
The current primemarkets.com placeholder for Prime Markets FX Ltd, which states it is unconnected to other firms using the Prime Markets name.

Regulation

Who really oversees this broker, and what each licence is worth to you.

No proof found

Proof of regulation on an official register: No

We could not confirm this broker on any genuine regulator’s register.

No licence claims on record.

The FCA warning about Prime Markets, published 25 May 2023, naming the website www.primemarkets.com and not the domain held on our record.

Why we reached this verdict

How the evidence adds up.

We are returning an unresolved result because the subject of this record cannot be pinned down. Here is what we checked.

  • The domain is gone. Public DNS returns a name error for primemarkets.net, and the .net registry returns no registration record. This is not a site that is merely offline. Nobody holds the name.
  • It was never a broker. We pulled the full archived history of the domain, including its subdomains. In 2010 it was an advertising parking page. In September and October 2024 it was a parking page again. From February to April 2025 it ran a Shopify clothing shop called Pols and Kings, selling hoodies and sandals in a Hebrew language storefront. At no point does a trading platform, a client login, or a licence claim appear.
  • The regulatory record belongs to a different address. The FCA published a warning about Prime Markets on 25 May 2023. That notice names the website www.primemarkets.com, the email [email protected], a London address at 43 Greatport Land Street and the phone number +447893928242. It does not name primemarkets.net. Italy's market regulator likewise ordered blocks against the .com addresses.
  • The only link to our domain is weak. A third-party broker directory lists primemarkets.net as the broker's website. That is a lead and not proof, and the archived record of the domain contradicts it for the whole period concerned.
  • Publishing a verdict here would name the wrong company. The .com address today hosts a different placeholder business, Prime Markets FX Ltd, which states in its own footer that it is not connected to other firms using the name and that earlier regulatory actions do not relate to it. With at least three distinct operations using this brand, a scam verdict pinned to an unregistered domain would be unsafe.
  • The minimum evidence set is incomplete. We could not read the broker's own site, because it does not exist. That alone forces an unresolved result rather than a clean bill of health. The 50 percent figure is the honest midpoint for an unknown, not a measurement of risk.

Evidence ledger

Every finding, with its source and how strongly it points.

0 against0 in favour
  • E1Public DNS returns a name error for primemarkets.net at the .net registry level, showing the domain on file is not registered to anyone.

    ModerateGoogle Public DNS resolver
  • E2The .net registry returns no registration record for primemarkets.net, confirming the domain is unregistered rather than merely offline.

    ModerateVerisign .net registry lookup
  • E3The complete archived index for the domain and its subdomains lists only parking pages, a Shopify clothing storefront and static assets. No trading platform, client login or licence page appears at any date.

    StrongInternet Archive index for primemarkets.net
  • E4The March 2025 capture of primemarkets.net is a Shopify clothing shop trading as Pols and Kings, selling sandals, t-shirts and hoodies in a Hebrew language storefront.

    ModerateInternet Archive capture, 26 March 2025
  • E5The October 2024 capture of the domain is a registrar parking page carrying only advertising links, not a broker website.

    ModerateInternet Archive capture, 6 October 2024
  • E6The earliest capture, from December 2010, is also an advertising parking page, showing the name has been recycled rather than continuously operated.

    WeakInternet Archive capture, 30 December 2010
  • E7The subdomain static.primemarkets.net was also only a parking page in September 2024, ruling out broker infrastructure hidden beneath the main address.

    WeakInternet Archive capture, 13 September 2024
  • E8The FCA warning of 25 May 2023 names the firm as Prime Markets / primemarkets.com, with the email [email protected], a London address and a UK mobile number. It does not name the domain on our file.

    StrongFinancial Conduct Authority warning notice
  • E9Trustpilot holds no review page for primemarkets.net, so the recorded domain has no complaint or praise footprint of its own.

    WeakTrustpilot per-domain lookup
  • E10The site at primemarkets.com today is a placeholder for Prime Markets FX Ltd whose footer states it is not affiliated with other firms using the Prime Markets name and that earlier regulatory actions do not relate to it. This confirms several distinct operations share the brand.

    ModerateCurrent primemarkets.com website
The recorded domain primemarkets.net in March 2025, running a Shopify clothing shop called Pols and Kings rather than any trading platform.
The recorded domain primemarkets.net in October 2024, showing an advertising parking page with no broker content.
The earliest archived capture of primemarkets.net, from December 2010, also an advertising parking page.
Public DNS returning a name error for primemarkets.net, confirming the website on our record is not a registered domain.

The other side

The strongest case in this broker’s favour.

The fair reading of what we found, stated plainly.

  • Nothing we found is evidence against a company called Prime Markets at this address. There is no complaint, no warning and no adverse finding attached to primemarkets.net anywhere we looked.
  • An unregistered domain is not misconduct. Domains lapse for ordinary reasons, and a business may simply have closed or moved.
  • The clothing shop that used the domain in 2025 appears to be an unrelated small retailer that happened to pick up the name. It should not be tarred by this record, and we have not treated it as a broker.
  • Our own record is the most likely source of the error. It carries no licences, no founding year and no alternative domains, which is the profile of a thin entry rather than a researched one. A single wrong character in a web address explains everything we saw.
  • It is entirely possible that a legitimate or an illegitimate Prime Markets exists somewhere. We simply have not been able to show that it is the one on this file.

What would change this

What we would need to see to revise the verdict.

Concrete things that would let us reach a real verdict.

  • A corrected website on the broker record. If the intended subject is primemarkets.com, we can investigate that operation directly and the FCA warning of 25 May 2023 becomes directly relevant to it.
  • Any archived capture of primemarkets.net showing a trading platform, an account login, a deposit page or a licence claim. That would establish the domain did host a brokerage and we would score it accordingly.
  • A named legal entity for this record, with a company number or registered address, which we could search in a corporate registry.
  • A regulator warning, register entry or court record that names primemarkets.net exactly, rather than the brand alone.
  • A first-hand client account naming this domain, with dates and amounts. We found none on any platform we checked.

Check it yourself

Official registers and warning lists. Verify every claim first-hand.

3 sources

FCA warning notice: Prime Markets / primemarkets.com

The UK regulator's 2023 warning, which names the .com address and not the domain on our file.

Archived history of primemarkets.net

Shows what the recorded domain actually hosted over time.

Current site at primemarkets.com

A separate placeholder business that disclaims any link to earlier Prime Markets firms.

Frequently asked questions

Quick answers about this broker’s safety.

13 questions
Is Prime Markets a scam?

We could not answer that for this record. The website on file, primemarkets.net, is not a registered domain and we found no sign it ever ran a brokerage. A different firm using the same brand at primemarkets.com does carry a 2023 FCA warning, but we found no evidence the two are the same operation.

Why does this report not give a clear yes or no?

Because the subject cannot be identified. Our rule is that a source only counts if it is tied to the exact website, legal entity or licence number on file. Everything adverse we found points at a different web address, so attaching it here would name the wrong company.

What is at primemarkets.net today?

Nothing. Public DNS returns a name error and the .net registry holds no record for it, which means the domain is not registered to anyone as at 19 August 2026.

Was primemarkets.net ever a trading website?

Not in any record we could find. Archived captures show an advertising parking page in 2010, a parking page again in late 2024, and a Shopify clothing shop called Pols and Kings in early 2025. No trading platform, login or licence claim appears at any point.

Is Prime Markets regulated?

No licence was found for this record, and there was no operation at the recorded address to license. Separately, the FCA stated in May 2023 that the Prime Markets at primemarkets.com was not authorised by it.

What did the FCA actually say?

On 25 May 2023 the FCA published a warning that Prime Markets, at www.primemarkets.com, may be providing financial services without authorisation. The notice lists a London address and a UK mobile number. It does not mention primemarkets.net.

Can I withdraw my money from Prime Markets?

We cannot advise on this record because we could not identify the operation. If you deposited with a firm using this brand, find the exact web address you used, then act on the report for that address. Request a withdrawal in writing and keep the evidence.

Is my money safe with Prime Markets?

Nothing here shows your money is safe. An unregulated firm gives you no access to the UK Financial Ombudsman Service and no cover from the Financial Services Compensation Scheme. Treat any firm you cannot identify with caution.

How old is Prime Markets?

We could not establish an operating age. No legal entity was identified, and the domain on file has no registration record because it is not currently registered. Any age claim for this record is unverified.

Is this a clone of another broker?

We found no evidence of cloning. We found something different: at least three separate operations have used the Prime Markets name across different web addresses, which is why identifying the exact address matters so much here.

There is a Prime Markets FX Ltd at primemarkets.com. Is that the same firm?

It presents itself as a different one. Its own page states it is not affiliated with other firms using the Prime Markets name and that earlier regulatory actions do not relate to it. We have not verified that claim, and we have not investigated it as part of this report.

What should I check before depositing with any broker?

Check the exact web address against the regulator's own public register, not the broker's own badge. Confirm the licensed company name matches the one that will hold your money. Be wary if the site is new, if the company is unnamed, or if deposits are requested in cryptocurrency.

What happens to this report next?

It goes back for the website on file to be corrected by a human. Once the correct address is known, the operation behind it can be investigated properly and a real verdict published.

What we recommend

The practical takeaway from everything above.

Our advice

What we suggest, for our own records and for readers.

  • Send this record back for a human to fix the website field before any public verdict is published. That is the single blocking issue.
  • Do not carry the FCA warning of 25 May 2023 onto this record. It names a different web address, and importing it would misattribute a real regulatory action.
  • Leave the broker status unchanged for now. We have not established grounds to mark it either way.
  • If you are a reader who believes you dealt with a firm called Prime Markets, check which web address you actually used before drawing any conclusion, because at least three separate operations have traded under this name.
  • If the address you used was primemarkets.com, read the FCA warning notice linked below and, if you are in the UK, report it to the FCA.
  • Re-queue this case once the website field is corrected.

This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed August 19, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.