Is Fin-Tech Prime Scam or Legit Broker?

Fin-Tech Prime is not a safe broker. The broker seems to be located in Tallinn, Estonia. However, it is not regulated by the local regulatory authority. Instead, the brand behind Fin-Tech Prime - Morgan Ltd. is registered in the Marshall Islands, which is an offshore zone. It is a well-known fact, that the Marshall Islands does not oversee the financial firms and their activities. This means the companies can operate however they wish, putting the clients' funds at risk. 

About Fin-Tech Prime
🗺️ Registered inMarshall Islands
🗺️ Type of LicenseOffshore License
🛡️ Is Fin-Tech Prime safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is Fin-Tech Prime?

Fin-Tech Prime is a Forex and cryptocurrency broker and a trading name of General Media OU, located in Tallinn, Estonia. There are two more names behind this brand - Morgan Ltd., located in Bulgaria, and Morgan Holdings Ltd., located in the Marshall Islands. However, the broker is not regulated by Estonian Financial Supervision Authority or the Bulgarian Financial Supervision Commission, which only proves that Fin-Tech Prime is another unregulated offshore broker on the list.

  • Moreover, UK's Financial Conduct Authority has issued a warning against the broker:
    "This firm (Fin-TechPrime) is not authorized by us and is targeting people in the UK. Based upon information we hold, we believe it is carrying on regulated activities which require authorization."

Fin-Tech Prime - official websiteFin-Tech Prime Review Conclusion

We strongly advise only dealing with financial firms that are authorized by respected and trustworthy regulators (Find and Compare Forex Brokers). In order to check if the chosen broker is authorized by the FCA, you can check its Financial Services Register to ensure it is. But if you are still searching for a well-regulated broker, check our list of FCA-regulated brokers. Traders should trade with well-regulated brokers such as  FBS and HFM.


Fin-Tech Prime Update

We found the Fin-Tech Prime website inactive and unavailable to reach. This means the broker no longer operates. However, it is best to avoid and stay alert if any proposals come. 

No news available.

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