Primus Forex Financial Group Review

 Is Primus Forex Financial Group Scam or Legit Broker?

According to our research, Primus Forex Financial Group is a total scam. The broker is not regulated and has no legal right to provide financial services to the public. Moreover, Primus Forex Financial Group has been suspected of fraud, when pretending to be another company with a better reputation.

What is Primus Forex Financial Group?

Primus Forex Financial Group is the clone company of the forex trading broker Primus Capital Markets UK Limited. The clone claims to have the same address as 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 (Find STP brokers by link) 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.

Primus Forex Financial Group Review Conclusion

We advise all investors and traders to avoid Primus Forex Financial Group and other clone brokers. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and BlackBull Markets.

Primus Forex Financial Group Update

Our findings showed that Primus Forex Financial Group is no longer active. The broker’s website is unavailable to reach. Besides, there is no evidence of whether the broker operates or not. We recommend avoiding any offshore-based brokers due to their instability and lack of serious regulations.