Intelligence Prime Capital Review –Numerous Warnings Have Been Issued Against This Company
Intelligence Prime Capital broker is registered in 2021, allegedly in Canada. Ownership of this trading company belongs to Intelligence Prime Capital Ltd. As a company that offers services to US clients, anyone would expect a high level of security and regulations. On the contrary, this broker has many flaws and red flags.
To find out more and why not to trust this broker, read this detailed Intelligence Prime Capital review.
|Broker status:||Unregulated Broker|
|Regulated by:||Unlicensed Scam Brokerage|
|Blacklisted as a Scam by:||OSC / FMA / BCSC|
|Owned by:||Intelligence Prime Capital Ltd|
|Headquarters Country:||Canada (Allegedly)|
|Supported Platforms:||Web trader / MT4|
|Cryptocurrencies:||Yes – BTC, ADA, XRP|
|Types of Assets:||Forex, Cryptocurrencies, Indices, Commodities|
|Free Demo Account:||No|
|Accepts US clients:||Yes|
Intelligence Prime Capital Is A Scam?
A company that promises returns with automated software is always suspicious. That’s why regulations are important in the trading business. This way, companies can’t say whatever they want and get out with it.
For that reason, we checked their licensing. Broker primarily claims to have a license from Canadian and US regulators. By checking those statements, we found them false.
Not only that they don’t have any domestic regulations, but also any Tier 1 regulations. If you look in any database you won’t find Intelligence Prime Capital there.
Besides the lack of regulations, multiple warnings are issued against this Intelligence Prime Capital. Moreover, the website is under maintenance for almost 3 months.
Warnings Against Intelligence Prime Capital Fraud
That’s why their site is under maintenance for almost three months. Now we need to wait to see if they will just vanish like any other scam broker.
Does Intelligence Prime Capital Offer MetaTrader 4?
As shown above, the company’s website is under maintenance. Therefore, getting access to the platform is practically impossible. Even though they claim to offer MT4, web trader and automated options, that is all questionable. Especially after lying about their licensing.
MetaTrader as one of the most known software is very efficient and suitable for all traders. It provides a vast of different trading tools, indicators, social and copy trading. Moreover, it’s available for any mobile device.
On the other hand, broker claims offer automated systems and IPCloud. The automated system has 97% accuracy allegedly. Important to realize is that this broker is not regulated, therefore all statements could be false.
Intelligence Prime Capital’s Trading Assets and Instruments
In this case, the broker doesn’t offer access to stocks. Traders are limited only to 4 instrument classes. Those are:
- Forex – GBP/NOK, AUD/SGD, EUR/JPY
- Commodities – natural gas, crude oil, platinum
- Indices – DAX 30, FTSE 100, AU 200
- Cryptocurrencies – BTC, BNB, XRP
Even though they provide a solid range of instruments, trading conditions remain unknown.
Intelligence Prime Capital Countries Of Service
Besides warnings, you can always check for other traders’ experiences. As can be seen in any Intelligence Prime Capital review, people don’t share a good opinion about this broker. They are scamming traders from:
- United States
We can’t exclude some other countries as well. So, be careful wherever you are coming from. Think twice before you invest with a shady broker.
What Are The Different Intelligence Prime Capital Account Types?
From an anonymous broker like this, we can’t expect much. Since they don’t allow access to their website currently we can’t see what exactly they offer. But based on Intelligence Prime Capital reviews, we can see that it was nothing good. Their only goal was to extract from traders as much as possible and to disappear.
Can a Trader Use a Demo Account?
Same as for a real account, values for a demo account. Even though it’s a good option to test trading conditions and platform performance, that mission is impossible here. All this missing information is crucial for every trader. With a regulated company, such information is mandatory.
Terms and Conditions for Intelligence Prime Capital – What You Should Know
Since the website is not active, we can’t check the details of their terms and conditions. But even if there are some, those are most probably fictive.
Simply, there is always some hidden clause that goes in scammers’ favor. Don’t throw your money away with this broker!
Intelligence Prime Capital Partnership
Not only that they were operating without a license, but they were promoting themselves as a trusted broker. Moreover, they were offering a partnership program for anyone who wants to advertise their company. Shamelessly they continued to scam traders. Luckily, there were multiple warnings issued that will prevent traders to jump into this blindly.
Leverage, Spreads and Fees
Same as T&Cs, all trading conditions are missing. Everything remains a mystery with this broker. That’s why we suggest traders look for Tier 1 regulated brokers. With transparent trading conditions, ownership and licensing.
Scammed by an Intelligence Prime Capital Broker? – We Want To Hear Your Story
Don’t be ashamed if you got scammed. Everyone these days was fooled at least once. Share your story here to prevent other traders from getting scammed. Additionally, you can contact our fund recovery team to assist you with a chargeback process. Book your free consultation today!
What Is the Chargeback Procedure?
Once the merchant or cardholder requests a chargeback, a bank can reverse the transaction. It’s a very easy process with debit/credit card purchases. Some other funding methods are hardly reversible but not impossible. Therefore, the best option is to get professional assistance. Don’t let them get away and contact us now!
What Is Intelligence Prime Capital?
It’s an FX and CFD broker operating since 2021 presenting from Canada. However, regulations don’t confirm such statements.
Is Intelligence Prime Capital a Scam Broker?
Yes. Besides many red flags, you can see that in warnings from financial regulators.
Is Intelligence Prime Capital Available in the United States or the UK?
This broker offers services to the US citizens, but not the UK. As far as we can see from Intelligence Prime Capital reviews.
Does Intelligence Prime Capital Offer a Demo Account?
No. Since their website is shut down for already 3 months, we can’t double-check it.