PrimeTradeMarkets.com Review

Not yet rated
1 • 1 REVIEWS
Out of business
Updated: Apr 13, 2022
PrimeTradeMarkets is a forex broker. Prime Trade Markets offers the MT4 forex trading top platform. PrimeTradeMarkets.com offers over 60 forex currency pairs, cfds, gold and silver for your personal investment and trading options.

Website is down. Company seems to be out of business.

PrimeTradeMarkets.com
Out of business
1 • 1 REVIEWS

Recent User Reviews of PrimeTradeMarkets.com

R
Ravindrachary
hyderabad, India,
May 15, 2019,
Registered user

Fraud Broker Primetrademarkets

My self E.Rajitha from India here with I would like write here about fraudster Forex broker primetrademarkets. This broker has literally looted all my money and finally cheated.

Till we open account with them and deposit funds their response is amazing they work for us 24/5. With their response and active service during initial stage I have impressed and my self opened 2 accounts ( 11.03.2019 ) 80008105 and 80008143 with PTM. All after my hard work I have generated profits of five times of capital all together it is about 30000 USD and requested them for pay out of 5000 USD on 17.04.2019. There after that showed me their true colour of cheating symptoms. Read the following

1. Even after several reminder mails, Broker is not responding for my pay out request.

2. Indian local representatives 1. Raj Yadav (mobile no. +918460402020) and 2. Brijesh Chhabrima Yadav (mobile no. +919574953433) who are responsible for primetrademartket business transactions in India are also not disclosing their identity / designations. They will talk over phone calls only. No response to mails from broker side. They are not giving proper contact details in website also.

3. In India they have tied up with local bank for payin & payouts. Whenever we make Payin they are doing promptly but for payout they are not responding, saying so many reasons and no clarity on payout. If we are going on insist for payout then they are telling to us to wait till new account opening by new clients. Once new clients adds then they are informing us to make internal client to client transfer and the respective amount they will give as payout to us.

4. I have opened account in MT4 and that is running fine. One day surprised to see that account is closed and they have opened new account without my consent and intimation. Simply said our old series accounts has problem so we have opened new account With new series. After opening new account they set mail saying sorry for inconvenience. All old account transaction history were deleted.

5. After trading of 20 days I have generated good profits and requested for payout. This time it is surprise to see that all my profit amount USD 7800 was deleted from account and for that given reason that I have violated their LP (liquid provider) term of buy & sell transaction time within 2 minutes. I have never seen such condition for any of other brokers (it is varying from broker to broker from 2 to 15 sec max). All my trading history was deleted in Mt4. Even I know that I have not done buy & sell in 2 minutes, so requested them to provide proof for term violation for that they have sent HTML file which never opens with any where.

5. I have opened account with PTM with the following conditions. *60% trade able and withdraw able bonus( limited bonus up to 2000 USD ). Profit & principle amount can be withdraw able at any time, but bonus can be withdraw able only on completion of 50% lots of bonus amount.
*very right spread less than 1 pip for all currency pairs
* No commission and fast pay in and payout with local bank tie up.

6. In website they are displaying fund deposit/ withdrawals with skrill, netaller, web money bitcoin wire transfer etc, but non of them is working..

Based on my continuous pressure mounting for payout on 08/05/2019 they have reveled their true colour of fruading clients.They have traded in my account with huge lots ie 50.50 lots in one shot and made loss of USD 20,136.70 with simultaneity short fall of margin 833.58, 593.28 and 304.47 totally 21,868.03 USD. Now this account also they made nearly zero (except their bonus 2k ) . After both of Indian counter part fellows switched phones.

I am bringing here to make awareness about these bloody idiots chutiya cheater Forex broker Primetrademarkets.

Please don't fall into their trap and request all to spread this message for innocent traders.