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Prize Capital

Operating status: SCAM

Website: https://prizemarkets.com/

Broker violations and abnormal records
  • Jun 30, 2022 Brokersview has Reviewed that Prize Capital is an Unregulated Forex Broker

    Prize Capital is not a reliable broker for traders even though it states offers that look good to be true. Prize Capital claims it has 10 years of international operations experience. However, when we checked its domain, we found it was created in 2020. So where are its 10 years of experience from? It is a red flag.

    Besides, Prize Capital claims to be based in the United States. As per the United States law, all firms and individuals offering, promoting, or selling financial services or products in the US have to be authorized or registered by the relevant financial regulator - the National Futures Association (NFA). However, we did not find any match results to Prize Capital in NFA. That means Prize Capital is not under valid regulation by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Prize Capital is not a reliable broker for traders even though it states offers that look good to be true. Prize Capital claims it has 10 years of international operations experience. However, when we checked its domain, we found it was created in 2020. So where are its 10 years of experience from? It is a red flag.Besides, Prize Capital claims to be based in the United States. As per the United States law, all firms and individuals offering, promoting, or selling financial services or products in the US have to be authorized or registered by the relevant financial regulator - the National Futures Association (NFA). However, we did not find any match results to Prize Capital in NFA. That means Prize Capital is not under valid regulation by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Nov 20, 2022 BrokersView has found that Prize Capital is not working

    BrokersView found the domain "https://prizemarkets.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

    BrokersView found the domain "https://prizemarkets.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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