PRIME TOKENFX claims to be an established trading platform since 2015 (On its About page, it changes the timing into 2012). However, its domain name "primetokenfx.com" was first registered at the end of 2022. This gulf between the website's age and its claim about its history badly hurts its credibility.

PRIME TOKENFX displays a business license, claiming that it is registered in Switzerland. However, our search for this company in the register of the Swiss Financial Market Supervisory Authority (FINMA) didn't yield any results. This means it is not authorized by FINMA to operate in this country, making the business license meaningless.

PRIME TOKENFX even claims to be exempt from the US regulation. However, forex brokers must be a member of the National Futures Association (NFA) before they can accept US customers. The fact is PRIME TOKENFX is not an NFA-member.

PRIME TOKENFX provides two links, one named Australian Securities and Investments Commission (ASIC) and the other Companies House UK, to appear legitimate. However, the former link directs us to its meaningless Swiss Business license and the latter to a page showing 404 Not Found.

In essence, PRIME TOKENFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.