Mon. Sep 16th, 2024

PU Prime: Is It a Reliable Trading Site or One to Avoid?

By maria Sep16,2024

PU Prime is an online platform where you can trade various things like Forex, commodities, and shares. But is it trustworthy? We found many complaints about the company on Trustpilot, which raised some concerns. So, we decided to dig deeper to find out if PU Prime is truly reliable or if it’s just another problematic trading site.

PU Prime website

What to Expect with PU Prime

If you deposit on PU Prime and get a bonus, your account might grow quickly. However, when you try to withdraw your profits, they could be reversed, and you’ll only be able to take out the original amount you deposited. This means you may not be able to keep any of the profits you made.

The promise of ‘hand-holding through the trades never happens, this company is simply interested in the commission they receive for new sign-ups.

Red Flags

No Proper Approval in Europe or the UK

PU Prime doesn’t have permission (licenses) to operate in the European Union or the United Kingdom, which is a huge warning. Without proper approval, it’s hard to trust them.

Trouble Getting Your Money Back

It’s easy to deposit money into your PU Prime account, but when it’s time to withdraw your money, especially your profits, things get tricky. Many people complain that they can’t get their money out smoothly.

They Take Away Your Profits

One of the worst things reported is that PU Prime takes back the profits you’ve made. They don’t give a reason or warn you—they just return your original deposit and keep the rest.

Fake Positive Reviews

There are a lot of positive reviews about PU Prime, but many of them seem fake. These reviews make the platform look better than it really is and can fool people into trusting them

Should You Sign Up On

We don’t recommend you do so, we advise staying away from PU Prime Broker to protect your investments. Many reviews suggest that clients are having trouble withdrawing their money.

When you put all these problems together—no licenses, hard-to-get withdrawals, disappearing profits, and fake reviews—it seems like PU Prime could be a scam.

What to Do If You Have Been Scammed

  1. Call Your Credit Card Company
    Let them know the app is a scam, that it comes from Cyprus, and it uses a fake Texas address. They can help block future charges and may reverse any payments.
  2. File a Complaint
    Report the scam to the U.S. Better Business Bureau (BBB), Federal Trade Commission (FTC), and Consumer Financial Protection Bureau to help warn others and possibly take action against the scammers.

Also read: Assurance Wealth Group Scam

By maria

I'm Maria, a journalist. I fact-check and provide accurate information on trending topics. Prior to working on Infoquu, I worked as a Research Analyst for organizations.

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