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Prevail Markets

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Operating status: SCAM

Website: https://prevailmarkets.com/

Broker violations and abnormal records
  • Oct 21, 2025 BrokersView has reviewed that Prevail Markets is an unregulated broker

    Prevail Markets' website is no longer operational. It was previously claimed to be registered in St. Vincent. While this registration remains valid, the St. Vincent and the Grenadines Financial Services Authority (SVG FSA) lacks regulatory authority for forex trading and does not constitute a valid forex license. Furthermore, Prevail Markets does not appear to be authorized by any reputable financial regulator, raising serious concerns about potential fraud.

    Prevail Markets' website is no longer operational. It was previously claimed to be registered in St. Vincent. While this registration remains valid, the St. Vincent and the Grenadines Financial Services Authority (SVG FSA) lacks regulatory authority for forex trading and does not constitute a valid forex license. Furthermore, Prevail Markets does not appear to be authorized by any reputable financial regulator, raising serious concerns about potential fraud.

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Q&A

Can I have Islamic account in Prevail Markets？

Jahaga
Djibouti
Dec 06, 2023
ANSWER We strongly advise against engaging with Prevail Markets, as it is an unlicensed forex broker.Despite its claims of registration with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), it's important to understand that this offshore financial watchdog has explicitly stated it does not issue licenses for, nor does it regulate, entities involved in forex trading and brokerage activities. This disclaimer indicates that Prevail Markets is not licensed in or from this jurisdiction, making its operations unlawful.Trading with Prevail Markets could potentially lead to fraud and identity theft. Many investors have unfortunately discovered that brokers only registered with the SVG FSA often exhibit poor regulatory compliance. Entrusting such brokers with funds and personal information carries significant risk. We recommend avoiding Prevail Markets and choosing fully regulated brokers instead.
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