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Operating status: SCAM
Website: https://swiftpuprime.com/

On April 21, 2023, the Cyprus Securities and Exchange Commission (CySEC) added Swift PUPrime to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=eef4aff7-a9e1-41de-b019-2290805dad03
Swift PUPrime has listed a lot of information about its regulatory status, but it is clear that their information is inconsistent and illogical. Specifically, this broker has provided conflicting regulatory numbers for their Seychelles company, sometimes claiming it is registered with Seychelles Financial Services Authority (FSA Seychelles) under license SD094 and other times claiming under SD050. Additionally, they have made errors in identifying UK regulatory body, mistakenly referring to Financial Conduct Authority (FCA) as FSA and FSC. This is a red flag. Furthermore, we have searched for this broker in the registries of regulatory bodies they mentioned and found no evidence to support their legitimacy in the forex market: they either use details of other legitimate companies or simply do not exist as a broker.
In addition, the CySEC has added Swift PUPrime to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities.
In essence, Swift PUPrime 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.
BrokersView found that the domain "swiftpuprime.com" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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