BRIGHTER PRIME is a contract-for-difference broker whose official website domain was registered on March 13, 2023. This broker primarily offers investment services in trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries and regions where doing so might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to information publicly available on its official website (brighterprime.com), BRIGHTER PRIME was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose its company entity registration information or detailed regulatory information.
Upon investigation, no registration information for a company named "BRIGHTER PRIME" could be found in ASIC’s records. Furthermore, the QAI Certification Pte Ltd shown on the broker's website is merely a third-party certification body providing management system certifications for small and medium-sized enterprises and multinational corporations, not a legitimate financial regulatory institution.
Therefore, in reality, BRIGHTER PRIME (brighterprime.com) is a fraud broker website without a corporate entity or any regulation.
Account Opening Process
To open a trading account with BRIGHTER PRIME, visit the broker’s website, click "Open Account" on the homepage or "Sign Up" at the top right corner, fill in personal information such as name and email, set a login password, and submit. Once the account is verified, the registration is successful.
Investment Plans
BRIGHTER PRIME offers four types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
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 Payments Only
- Use Any Broker
Trading Platform
BRIGHTER PRIME offers a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds and executing over 12,000 orders per second with comprehensive liquidity providers.
Deposits and Withdrawals
BRIGHTER PRIME only supports deposits and withdrawals via cryptocurrency.
Conclusion:
Traderknows reminds investors that BRIGHTER PRIME is a fraudulent broker that lures investors with promises of high returns. In reality, it has no corporate entity or regulatory oversight, and the only contact method is through email. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
