Prime Venture Limited is a CFD broker whose official domain was registered on September 17, 2023. This broker primarily provides investment services in trading markets such as forex, digital currencies, precious metals, commodities, and funds for retail and institutional clients. It does not offer services to countries or regions where doing so would violate local laws or regulations.
Company Registration Information and Regulatory Status
According to information available on Prime Venture Limited's official website (www.primeventureltd.com), the services offered by the broker are regulated by financial authorities in the UK and the USA. The terms of service state that "any litigation arising from the terms of this website shall be litigated only in the courts of the United Kingdom." Additionally, the "Legal" link at the bottom of the broker's website redirects to the Companies House in the UK, showing a company registered as "PRIME VENTURES LIMITED" with the company registration number 13295651.
Upon verification, no registration information was found for a company named "Prime Venture Limited" in the records of the National Futures Association (NFA) or the Financial Industry Regulatory Authority (FINRA) in the USA. Similarly, the Financial Conduct Authority (FCA) in the UK also had no records of a regulated company named "PRIME VENTURES LIMITED."
Therefore, Prime Venture Limited (www.primeventureltd.com) is, in fact, an unregulated scam broker website.
Account Opening Process
To open a trading account with Prime Venture Limited, visit the broker's official website, click "REGISTER NOW" on the homepage or "Join Now" at the top right corner to navigate to the account registration page. Fill in the required personal information such as name and email, set a password, and submit. Your account will be registered following verification.
Investment Plans
Prime Venture Limited offers four investment plans: Basic Plan, Premium Plan, Advanced Plan, and NFT Plan.
Basic Plan:
- Trading Period: 24 hours
- Minimum Deposit: $50
- Maximum Deposit: $499
- Referral Bonus: 5%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 10%
Premium Plan:
- Trading Period: 2 days
- Minimum Deposit: $500
- Maximum Deposit: $2,999
- Referral Bonus: 5%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 20%
Advanced Plan:
- Trading Period: 3 days
- Minimum Deposit: $3,000
- Maximum Deposit: $9,999
- Referral Bonus: 5%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 30%
NFT Plan:
- Trading Period: 5 days
- Minimum Deposit: $10,000
- Maximum Deposit: Unlimited
- Referral Bonus: 5%
- Enhanced Security
- 24/7 Dedicated Support
- Daily Return: 40%
Trading Platform
Prime Venture Limited provides users with a proprietary trading platform, but detailed information about it is not available, and it is limited to the web version.
Deposits and Withdrawals
Prime Venture Limited supports deposits and withdrawals through cryptocurrencies. The minimum deposit is an equivalent of $50 in Bitcoin or other accepted cryptocurrencies. The minimum withdrawal amount is an equivalent of $5 in Bitcoin or other accepted cryptocurrencies.
Conclusion:
Traderknows reminds investors that Prime Venture Limited is a fraudulent broker luring investors with promises of high returns, but in reality, it lacks any regulatory oversight. 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.
