Checkout Dubai Based Core Prime Is Opportunity or Threat?

Core Prime is a Saint Lucia-based online trading platform offering access to Forex, Energies, Indices, Cryptocurrencies, and Commodities. The platform provides four distinct account types, all featuring Islamic account options, with minimum deposits starting at $10. Core Prime operates exclusively on MetaTrader 5 (MT5).

Broker Name - aurummarkets

Website- https://coreprimemarkets.com/

Address- B1402, Latifa Tower Sheikh Zayed Road Dubai- UAE

Phone No.- +971-456-81129

Email- support@coreprimemarkets.com

Regulation, Product & Account type

Core Prime currently operates without regulatory oversight. Traders should be cautious about investing this platform. Core Prime claims to offer a wide range of tradable products, including forex, cryptos, commodities, indices and energies. Forex, Energies, Indices, Cryptocurrencies, Commodities

Core Prime offers four different types of accounts: Standard, Classic, ECN, and PRO-ECN. Also, Core Prime offers an Islamic account, also known as Swap-free accounts, across all four live accounts.

Trading Platform, Deposit & Withdrawal

Core Prime offers traders the world-leading MetaTrader 5 (MT5), which is a multi-asset platform for trading forex, stocks, futures, and CFDs. Furthermore, it features advanced charts, technical indicators, and flexible order types (market, pending, stop, trailing stops).

Core Prime supports deposits and withdrawals through multiple channels, including VISA, Mastercard, Skrill, Neteller, cryptocurrencies, and wire transfers.

All payment methods share uniform processing conditions. Transactions are available in EUR, GBP, and USD currencies, with all fees covered by Core Prime. Standard processing time for transactions is within 24 hours.

WikiFX Review

According to WikiFX, CorePrime is an unlicensed broker with low score.

Broker Name- Core Prime

CorePrime on WikiFX - https://www.wikifx.com/en/dealer/1392326879.html

Score- 1.64 /10

Regulation- Unlicensed

WikiFX Warning- Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Conclusion

We advise caution when considering engaging with an unlicensed broker with a low trust score. While such brokers may offer attractive terms, the lack of regulatory oversight poses significant risks, including potential financial loss, lack of transparency, and limited recourse in disputes. Prioritizing licensed and reputable brokers ensures greater security and accountability for your investments. Always conduct thorough research and verify a brokers credentials before proceeding. Your financial safety is paramount.