
On April 24, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added Primus FX to its warning list for it providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
Primus FX claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC). However our search for this broker in the CySEC registry didn't yield any results. This means what it claims about its regulatory status is a false statement to unsuspecting investors. In addition, the Comisión Nacional del Mercado de Valores (CNMV) has added Primus FX to its warning list for it providing investment services without authorization.
In essence, Primus FX 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.
Primus FX claims to be regulated by the Cyprus Securities and Exchange Commission (CySEC). However our search for this broker in the CySEC registry didn't yield any results. This means what it claims about its regulatory status is a false statement to unsuspecting investors. In addition, the Comisión Nacional del Mercado de Valores (CNMV) has added Primus FX to its warning list for it providing investment services without authorization.
In essence, Primus FX 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.
On April 27, 2023, the Italian Companies and Exchange Commission (CONSOB) has ordered Primus FX website to be blacked out since it offers financial services illegally: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-27-april-2023/718268
On April 27, 2023, the Italian Companies and Exchange Commission (CONSOB) has ordered Primus FX website to be blacked out since it offers financial services illegally: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-27-april-2023/718268
BrokersView found that the domain "primusfx.net" 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.

BrokersView found that the domain "primusfx.net" 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.
