Cryptoprimeinvest is a CFD broker with a domain registered on September 14, 2023. This broker primarily offers investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries or regions where doing so would violate local laws or regulations.
Corporate Registration Information and Regulatory Status
According to publicly available information on the Cryptoprimeinvest website (www.cryptoprimeinvest.com), the broker was founded in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose much about its corporate registration or detailed regulatory information.
Upon investigation, ASIC does not list "Cryptoprimeinvest" as a regulated company. Moreover, the broker has two slightly different homepage versions.
Thus, Cryptoprimeinvest (www.cryptoprimeinvest.com) is essentially a fraudulent broker with no corporate entity or regulatory oversight.
Account Opening Process
To open a trading account with Cryptoprimeinvest: Visit the broker's official website, click on "Open Account" or "SIGN UP" at the top right corner, fill in personal information such as name and email, set a login password, and submit. After verification, the account will be successfully registered.
Trading Instruments
Cryptoprimeinvest offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies and is known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks, offering various trading opportunities with the potential for high leverage and returns.
- Commodities: Commodity trading covers key global market resources, enabling traders to buy and sell various raw materials such as metals, energy, and agricultural products.
- Stocks: Stock trading lets investors engage in the price fluctuations of public company shares, earning from price changes and dividends based on company performance without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading provides enthusiasts with opportunities to profit from highly volatile digital assets.
Investment Plans
Cryptoprimeinvest offers eight different investment plans: STARTER, PREMIUM, VIP MEMBERSHIP, FOREX SIGNAL SUBSCRIPTION, STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER:
- Minimum deposit: $600
- Minimum expected profit: $2,500
- Maximum expected profit: $5,000
- Trader education*
- Risk management
- Tax-free spread trading profits
PREMIUM:
- Minimum deposit: $1,500
- Minimum expected profit: $10,500
- Maximum expected profit: $15,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
VIP MEMBERSHIP:
- Minimum deposit: $5,000
- Minimum expected profit: $15,000
- Full benefits package
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNAL SUBSCRIPTION:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payment only
- Use any broker
STARTER ACCOUNT:
- Minimum deposit: $500
- Minimum expected profit: $3,500
- Maximum expected profit: $5,000
- Trader education*
- Risk management
- Tax-free spread trading profits
CLASSIC ACCOUNT:
- Minimum deposit: $5,000
- Minimum expected profit: $45,000
- Maximum expected profit: $50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
PLATINUM:
- Minimum deposit: $10,000
- Minimum expected profit: $99,999
- Full benefits package
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payment only
- Use any broker
Trading Platform
Cryptoprimeinvest offers a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over 12,000 orders executed per second due to superior aggregate liquidity providers.
Deposits and Withdrawals
Cryptoprimeinvest does not allow deposits or withdrawals via credit/debit cards or bank wire transfers; it only supports transactions through cryptocurrencies.
Conclusion:
Traderknows reminds investors that Cryptoprimeinvest is a scam broker that entices investors with high returns to deceive them. The website has no corporate entity and no regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
