Is Primus Forex Financial Group a regulated forex broker or a scam?

no, Primus Forex Financial Group broker is a Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

Primus Forex Financial Group is the clone company of the forex broker Primus Capital Markets UK Limited. The clone claims to have the same address with the original company – 3rd Floor, 9 Devonshire Square London EC2M 4YD UNITED KINGDOM. Therefore, the clone should also be carrying the UK FCA license as the original company does. But the Primus Forex Financial Group is not licensed in the UK or any other countries. In case, of obtaining the STP license from UK’s Financial Conduct Authority, the company would need to pay USD 50,000 and also need USD 100,000 of capital aside from client deposits.

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