ANSWER Dear Investor,
We do not recommend trading with the platform Arbitrage Prime.
Despite presenting itself as a professional and reliable trading venue, our investigation indicates that it lacks any legitimate financial regulation, which raises serious concerns regarding its credibility and operational integrity.
Upon reviewing the claims made by the broker, we noted that Arbitrage Prime states it is incorporated in Saint Lucia and a matching name appears in the Saint Lucia International Financial Centre (IFC) registry. Nevertheless, the registry entry merely confirms its status as an International Business Company (IBC). The IFC does not issue valid financial or forex trading licenses. Therefore, this registration does not constitute regulatory oversight or authorization to conduct financial services.
Ultimately, without a license from a recognized financial authority, the platform cannot be considered trustworthy, and there is a significant possibility that Arbitrage Prime is a scam broker. We strongly advise you not to engage in any transactions with them, as doing so poses a severe risk to your financial security.
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