Dear Investor,
Primepocket Trades claims to be owned by Primepocket Trades Ltd. and provides a suspected registration number in Cyprus. However, we could not find any information about this company in the system of the Cyprus Securities and Exchange Commission(CySEC). Therefore, even if the company were indeed established locally, it would not have been authorized or supervised by an authoritative regulatory body.
Secondly, Primepocket Trades also claims to be registered in Saint Vincent and the Grenadines. However, we found no relevant results in the Financial Services Authority (FSA) registry of Saint Vincent and the Grenadines, and even if it were registered, such registration merely represents an International Business Company (IBC) incorporation. Therefore, Primepocket Trades is completely unregulated and poses an extremely high risk of fraud.
Furthermore, the German regulator, the Federal Financial Supervisory Authority (BaFin), has added it to its warning list, reminding the public to be cautious of the services provided by Primepocket Trades. We strongly advise you to avoid any dealings with this platform to protect your financial security.
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