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Prime Growth Equity

Operating status: SCAM

Website: https://primegrowthequity.com/

Broker violations and abnormal records
  • Mar 27, 2023 The UK regulator FCA issued a warning against Prime Growth Equity

    The Financial Conduct Authority (FCA) issued a warning against Prime Growth Equity on Mar 28, 2023, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/prime-growth-equity

    The Financial Conduct Authority (FCA) issued a warning against Prime Growth Equity on Mar 28, 2023, believing this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/prime-growth-equity
  • Mar 29, 2023 BrokersView has reviewed that Prime Growth Equity is an unregulated broker

    Prime Growth Equity claims to be a registered Trading Name of Prime Growth Equity Markets Ltd., authorised and regulated by the Financial Conduct Authority (FCA) with Firm Reference Number 124431.

    However, when searching for this broker in FCA's registry, we found it was listed as an unauthorised firm by FCA for providing financial services or products in the UK without authorization. And the Firm Reference Number belongs to another company named Barclays Capital Securities Limited. That means what Prime Growth Equity claims over its regulatory status is a false statement to unsuspecting investors.

    The truth is, Prime Growth Equity is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Prime Growth Equity claims to be a registered Trading Name of Prime Growth Equity Markets Ltd., authorised and regulated by the Financial Conduct Authority (FCA) with Firm Reference Number 124431.However, when searching for this broker in FCA's registry, we found it was listed as an unauthorised firm by FCA for providing financial services or products in the UK without authorization. And the Firm Reference Number belongs to another company named Barclays Capital Securities Limited. That means what Prime Growth Equity claims over its regulatory status is a false statement to unsuspecting investors.The truth is, Prime Growth Equity is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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