ANSWER Dear Investor,
We do not recommend using the PrimaX platform due to its lack of basic and valid regulatory credentials.
PrimaX has not provided any regulatory information and merely claims that PrimaX Ltd is registered in Saint Lucia. Although we did find the company's information in the registry of Saint Lucia International Financial Centre(IFC), this only indicates that it is registered as an International Business Company (IBC) and does not hold a broker's license. The Saint Lucia IFC does not have the authority to regulate forex and derivatives trading, nor can it issue licenses to brokers. Therefore, please do not mistake this registration for being regulated.
In reality, PrimaX is not authorized or regulated by any authority, posing extremely high risks. We strongly advise you to avoid any transactions with PrimaX.
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