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Core Prime
Operating status: SCAM
Website: https://coreprimemarkets.com/
Broker violations and abnormal records
Although Core Prime claims to be highly regulated, it fails to hold any major regulatory credentials. The only relevant information we could find is that Core Prime claims to be registered and regulated by the Saint Lucia International Financial Centre (IFC). The company's name is indeed registered with the Saint Lucia IFC as an IBC company. However, the Saint Lucia IFC is an offshore jurisdiction that does not licence forex trading, meaning the company is effectively unregulated and poses a significant risk to investors. Therefore, Brokersview has identified it as a scam.
Although Core Prime claims to be highly regulated, it fails to hold any major regulatory credentials. The only relevant information we could find is that Core Prime claims to be registered and regulated by the Saint Lucia International Financial Centre (IFC). The company's name is indeed registered with the Saint Lucia IFC as an IBC company. However, the Saint Lucia IFC is an offshore jurisdiction that does not licence forex trading, meaning the company is effectively unregulated and poses a significant risk to investors. Therefore, Brokersview has identified it as a scam.
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