Prime Copy Assets is a CFD broker whose official website domain was registered on February 25, 2024. The broker primarily offers investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries and regions where it may violate local laws or regulations.
Corporate Registration and Regulatory Status
Public information on the official website of Prime Copy Assets (primecopyassets.com) shows that the broker is registered in the UK and regulated by the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). The website copyright belongs to Prime Copy Assets LTD.
After verification, neither the UK Companies House, the Financial Conduct Authority (FCA), nor the Australian Securities and Investments Commission (ASIC) listed a regulated company named "Prime Copy Assets."
Therefore, Prime Copy Assets (primecopyassets.com) is actually a scam broker website with no corporate entity or any regulatory oversight.
Account Opening Process
The account opening process for a Prime Copy Assets trading account is as follows: Go to the broker's official website, click "Open Account" on the homepage or "SIGN UP" at the top right corner of the page to go to the account registration page. Fill in personal information, such as your name and email address, set a login password, and submit. After verifying your account, registration will be complete.
Trading Instruments
Prime Copy Assets offers customers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of an entire market or specific industry without trading individual stocks. By exploring popular indices, one can discover diverse trading opportunities and use high leverage to enhance potential returns.
- Commodities: Commodity trading covers essential resources in global markets, allowing traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in price fluctuations and dividends based on the performance of public companies, without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading provides an opportunity for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
Prime Copy Assets offers four different types of investment plans: Basic Account, Classic Account, Platinum Account, and Forex Signal Subscription.
Basic Account:
- Minimum deposit: $500
- Minimum expected profit: $4,500
- 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 Account:
- Minimum deposit: $10,000
- Minimum expected profit: $99,999
- 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 payments only
- Use any broker
Trading Platform
Prime Copy Assets claims to provide users with MT4 and MT5 trading platforms, offering deep liquidity, leverage up to 1:500, and industry-best spreads. However, both MT4 and MT5 trading platforms do not list a broker named Prime Copy Assets.
Deposits and Withdrawals
On its homepage, Prime Copy Assets claims to support deposit and withdrawal via debit cards, wire transfers, e-checks, or check deposits. However, the "FAQ" page states that multiple deposit methods are not available, including credit/debit cards and wire transfers; only cryptocurrency transactions are supported.
Conclusion:
Traderknows reminds investors that Prime Copy Assets 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.