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Abstract：Was your Core Prime forex trading account disabled after generating profits through a scalping EA on its trading platform? Have you witnessed losses due to manipulated trades by the broker? Does the broker’s customer support team fail to clear your pending withdrawal queries? Traders label the forex broker as an expert in deceiving its clients. In this Core Prime review article, we have investigated some complaints against the Saint Lucia-based forex broker. Read on!
Was your Core Prime forex trading account disabled after generating profits through a scalping EA on its trading platform? Have you witnessed losses due to manipulated trades by the broker? Does the brokers customer support team fail to clear your pending withdrawal queries? Traders label the forex broker as an expert in deceiving its clients. In this Core Prime review article, we have investigated some complaints against the Saint Lucia-based forex broker. Read on!
The trader did not face this trading issue over time. In fact, it happened on the day of opening the Core Prime broker‘s forex trading account, as per the accusation. The trader initially felt good about the platform’s trade execution capability. To further the experience, the trader executed a scalping EA on the platform and generated profits. However, a few hours later, the trader faced a surprise - the account disablement for trading. The Core Prime login to the members area was blocked. Even more shocking was a lack of explanation from the forex broker for such an action. This made the trader share this negative Core Prime review.
In a shocking revelation, a trader highlighted on WikiFX, the worlds leading forex regulation inquiry app, how Core Prime deliberately executed random trades through Expert Advisor (EA) to wipe out the trading account balance. Reportedly deceived by this fraudulent forex trading tactic, the trader shared this complaint online.
It proved to be a double whammy experience for a trader who shared the Core Prime review by writing that the broker makes it difficult for its clients to withdraw capital from the platform. The scenario remains the same even when traders contact the customer support for assistance. The support team‘s silence to this critical trading issue does not make traders’ experience with Core Prime any better. Check out the complaint screenshot below.
A trader did not highlight a specific trading issue; however, ‘the professional in deceiving people’ jibe said it all! The statement demonstrates the harrowing trading experience the trader may have gone through when trading with Core Prime. Check out the traders statement for Core Prime below.
The WikiFX team conducted a detailed investigation into Core Prime’s regulatory status to find out that it did not have a valid license to conduct forex trading business. With no license, trading risks increase for existing and prospective traders. As a result, the WikiFX team gave the broker a score of 1.85 out of 10.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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