Fintopi
    Facebook Twitter Instagram
    Fintopi
    • Home
    • Loans
    • Trading Brokers
    • Contact us
    Fintopi
    Home » PrimeOakmont Review: Check These Scam Broker Characteristics
    Overview of scam broker PrimeOakmont
    Fraudulent Brokers
    FinTopiAuthorBy FinTopiAuthorMarch 20, 2023Updated:June 14, 2023No Comments5 Mins Read

    PrimeOakmont Review: Check These Scam Broker Characteristics

    PrimeOakmont Review is a shady investment broker that preys on the unwary. This firm is a shining example of the warning signs of an investment scam. It showcases characteristics such as requiring deposits through crypto, spouting false statements about the company, and operating without regulation.

    Now, let’s delve deeper into the PrimeOakmont review and uncover the reason for their sudden disappearance. Stay tuned! 

    Leverageup to 1:1000
    RegulationNo
    HeadquartersSound & Vision House, Seychelles
    Minimum Deposit$250 $ 0.3 BTC
    Review Rating1/5
    Broker TypeCrypto, Forex
    PlatformsWeb trader
    SpreadN/A

    Table of Contents

    • License and Funds Security at PrimeOakmont
    • PrimeOakmont Trading Platform Overview
    • Trading Accounts Available at PrimeOakmont
    • PrimeOakmont Deposits and Withdrawals
    • How Does This Scam Operate?
    • The Best Foreign Exchange Brokers
    • PrimeOakmont Summary
    • FAQs About PrimeOakmont Broker
    • Is my Money Safe with PrimeOakmont?
    • Does PrimeOakmont Offer a Demo Account?
    • How Secure Is PrimeOakmont?

    License and Funds Security at PrimeOakmont

    PrimeOakmont is a broker that claims to be based in Seychelles. However, upon researching regulators such as the Financial Services Authority and Tier 1 license providers like the FCA, BaFin, and CONSOB, there is no evidence of PrimeOakmont being regulated. 

    The broker has provided phone numbers for so-called addresses in the UK, Poland, and Canada. Yet, it has not obtained a license from any Canadian regional authorities or IIROC.

    Trading companies need to be authorized and regulated. This goes without saying. However, PrimeOakmont’s lack of regulation raises suspicions about its legitimacy and commitment to the safety of funds.

    BCSC warning on PrimeOakmont

    In addition, PrimeOakmont’s leverage of 1:1000 stands against the regulations set by ESMA and most global license providers. They limit the leverage on crypto assets to 1:5 due to their high volatility.

    It’s worth noting that PrimeOakmont has been blacklisted by the British Columbia Securities Commission and the Ontario Securities Commission. This is despite their bogus name suggesting they are a legit Canadian firm.

    PrimeOakmont Trading Platform Overview

    PrimeOakmont Trading Platform

    PrimeOakmont’s trading platform is marketed as a cutting-edge tool with advanced features, including a customizable interface, professional charts, various order types, and secure wallets. However, the reality is somewhat different. This broker does not offer industry-standard trading platforms such as MT4, MT5, or cTrader, which are widely known for their reliability.

    Instead, traders are offered a basic TradingView chart with the option to upgrade by investing more money. The platform is a basic web trader that lacks advanced features such as expert advisors and social trading and does not offer robust analytical tools. Also, there is no mobile app, as the platform is only accessible via a web browser.

    Trading Accounts Available at PrimeOakmont

    PrimeOakmont broker offers a range of 6 account types, each with its own features and requirements. To start trading with this broker, you must pick from one of the following options: Mini ($250), Silver ($1,001), Gold ($5,001), Platinum ($50,001), Diamond ($100,001), or VIP ($250,001).

    Each account type provides access to leveraged trading. Leverages range from 1:200 to a seemingly unbelievable 1:1000. The accounts also come with 24/6 support and promise to approve withdrawals within 5 business days. The VIP account is an exception, offering instant withdrawal approval.

    Tip: Please share with us any negative experiences you have had with this or any other deceitful broker. Your insights will help us in our efforts to save others from similar experiences.

    PrimeOakmont Deposits and Withdrawals

    If you start trading with this broker, it may seem like a promising opportunity. Yet, the reality is far from what was advertised. Upon trying to withdraw your hard-earned funds, the broker imposes bogus withdrawal rules that make it impossible to access your cash.

    Despite their initial reliability, this broker shortly becomes unresponsive, with their site appearing to somehow be down. To make things more difficult, they may even change their name and website URL without warning, leaving traders in the dark. The outcome is a familiar story of traders being left with empty pockets. 

    How Does This Scam Operate?

    Trading can be a double-edged sword. This is a fact! So, it’s crucial to remember that there’s always a possibility of losing money. As a beginner, you need to be extra cautious and do your due diligence before opening an account with any broker. Even pro traders take the time to research and verify their chosen broker’s credibility.

    Beware of the numerous fake sites posing as brokers, especially those that make bold promises of easy profits. The reality is that easy money usually leads to disastrous results. So, stick with reputable brokers and steer clear of get-rich-quick schemes.

    Fraudsters often lure newbie traders with the promise of high returns for small investments. They may even pressure you to invest more, but the truth is that your money will vanish into thin air the moment you deposit it. Don’t fall for the trap – you won’t see a single penny of the promised profits.

    Note: Regardless of age, gender, socioeconomic status, or level of education, scams can ensnare even the most vigilant people. It’s critical to stay informed and educate yourself on the various forms of scams to avoid becoming a victim.

    The Best Foreign Exchange Brokers

    Discover the top forex brokers and take a closer look to ensure they meet your needs!

    BrokerCountry,RatingMin. DepositWebsite
    FXTM BrokerCyprus, UK, Mauritius4.5$10Forextime.Com
    OctaFX BrokerCyprus, SVG4.4$100OctaFX.Com
    FP Markets BrokerAustralia, Cyprus4.7$100FpMarkets.Com
    XM BrokerCyprus, Belize, Australia4.7$5XM.Com
    HFM HF Markets BrokerCyprus, UK, South Africa, UAE, Kenya4.3$5HFM.Com
    FBS BrokerCyprus, Belize, Marshall Islands4.85$100FBS.Com

    PrimeOakmont Summary

    Beware of PrimeOakmont! This broker is nothing but a scam that should be avoided at all costs. From our PrimeOakmont review, it’s clear that this is not a legit firm and has a lot of red flags. Notably, from shady trading software to a fake address, PrimeOakmont is a scam.

    If you’ve fallen victim to this broker’s deceitful ways, please reach out to us. We want to help you report this scammy broker and get your money back.

    FAQs About PrimeOakmont Broker

    Is my Money Safe with PrimeOakmont?

    No, it is not. This broker is just another trading scam everyone should avoid at all costs. 

    Does PrimeOakmont Offer a Demo Account?

    This broker does not offer a demo trading account. They only want to get your money and disappear. 

    How Secure Is PrimeOakmont?

    It is not secure. Beware that the regulation is crucial for determining the credibility and legitimacy of a broker. 

    PrimeOakmont Reviews PrimeOakmont Scam Scam Broker PrimeOakmont Trading Scam

    Want to trade?

    Wondering how to know if your broker is safe? How to avoid dealing with swindlers? We'll help you find the best broker that suits your trading style and skill level.

    Fill out the form to find the perfect broker for your trading needs! 100% Free advice.

    Auto Loans By State
    ‎Home Equity Loans By States
    ‎Mortgages By States
    ‎Personal Loans By State
    ‎Student Loans By State
    Auto Loans By State
    AL
    AK
    AS
    AZ
    AR
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    GU
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NH
    NJ
    NM
    NY
    NC
    ND
    MP
    OH
    OK
    OR
    PA
    PR
    RI
    SC
    SD
    TN
    TX
    UT
    VT
    VI
    VA
    WA
    WV
    WI
    WY
    ‎Home Equity Loans By States
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NJ
    NM
    NC
    ND
    OH
    OR
    PA
    RI
    SC
    SD
    TN
    UT
    VA
    WA
    WI
    WY
    ‎Mortgages By States
    WY
    WY
    WY
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NJ
    NM
    NC
    ND
    OH
    OR
    PA
    RI
    SC
    SD
    TN
    UT
    VA
    WA
    WI
    WY
    ‎Personal Loans By State
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NJ
    NM
    NC
    ND
    OH
    OR
    PA
    RI
    SC
    SD
    TN
    UT
    VA
    WA
    WI
    WY
    ‎Student Loans By State
    CA
    CO
    CT
    DE
    DC
    FL
    GA
    HI
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NJ
    NM
    NC
    ND
    OH
    OR
    PA
    RI
    SC
    SD
    TN
    UT
    VA
    WA
    WI
    WY
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    FinTopiAuthor
    • Facebook
    • Twitter
    • LinkedIn

    The FinTopiAuthor, who prefers to remain anonymous for now due to privacy reasons, has a bachelor’s degree in finance and over 10 years of experience in financial planning and bank loans. For the last 3 years, they’ve been working as a freelance copywriter in the niche of financial products, investing, and money lending, with the special attention to pros and cons of different loan types. Besides an interest in financial topics, they’re keen on traveling and various adventures.

    Related Posts

    Cuso Mortgage Review – Can You Depend on Their Advice?

    May 14, 2023

    Metro Credit Union Mortgage Review – Is it a Secure Option for Your Money?

    May 13, 2023

    Lyons Mortgage Services – An Overview of Services and Reputation

    May 12, 2023

    ‎Auto Loans In West Virginia

    January 27, 2023
    Add A Comment
    Leave A Reply Cancel Reply

    Table of Contents

    Table of Contents

    • License and Funds Security at PrimeOakmont
    • PrimeOakmont Trading Platform Overview
    • Trading Accounts Available at PrimeOakmont
    • PrimeOakmont Deposits and Withdrawals
    • How Does This Scam Operate?
    • The Best Foreign Exchange Brokers
    • PrimeOakmont Summary
    • FAQs About PrimeOakmont Broker
    • Is my Money Safe with PrimeOakmont?
    • Does PrimeOakmont Offer a Demo Account?
    • How Secure Is PrimeOakmont?

    You Lost Money?

    Get Your Money Back

    Copyright © 2022-2023 Fintopi. All trademarks are the property of their respective owners.

    What's Hot

    Exteom Review: EU Traders Are Lured in Fraud Again
    June 14, 2023
    Immediate Edge Review: No Regulation, No Сonscience
    June 13, 2023
    When Is the Best Time to Buy a Car? A Comprehensive Guide
    June 12, 2023

    Company

    • Homepage
    • Sitemap
    • Privacy Policy
    Disclaimer: We do our best to ensure that the information on our site is up to date and accurate. This information may differ from what you see on the websites of the companies we mention. All products and services are provided without warranty of any kind. When evaluating offers, you should check the terms and conditions of the product and/or company and/or company. Trademarks, product names, logos and others mentioned on Fintopi are the property of their respective owners. The information we present is for educational purposes only and you should consult with a licensed financial professional before making any financial decisions.

    Type above and press Enter to search. Press Esc to cancel.