BrokerHiveX
CrestPrime MarketsSuspected of fraud

CrestPrime Markets

1.65
Suspected of fraudAmerica
Time

1Year

Contact Information
Website
Industry Echelon

Basic Information

Company
Regulatory
Risk Monitor
Download
Documents
Country
America
Market Type
foreign exchange
Enterprise Type
Brokerage
Service
Provide trading services for a variety of financial products such as foreign exchange (Forex), contracts for difference (CFD), stocks, commodities, indices, etc.
Support Languages
Chinese, English
Domain Registration Date
2024-09-18
Business Status
Suspected of fraud

Company IntroductionWeb Analytics

Company Introduction

CrestPrime Markets is an online broker that claims to provide foreign exchange, index, commodity and cryptocurrency contracts for difference (CFD) trading services. Its website is https://crestprimemarkets.com/ The company claims to be committed to providing a safe, convenient, and efficient trading environment for global investors. However, in-depth analysis revealed that its corporate background is unclear, regulatory information is missing, and the website content is questionable, making its overall credibility low.

CrestPrime Markets has not disclosed its place of registration, founding date, or legal representative information. Its so-called "international financial group" identity lacks any verifiable evidence. Its website frequently uses marketing terms such as "institutional-grade liquidity," "ultra-low spreads," and "fast withdrawals," without any actual regulatory or third-party audit data to support its claims. These characteristics are common among unregulated or high-risk forex platforms, and investors should remain vigilant.

🌐Global layout and brand background

CrestPrime Markets claims a "global client base" and "multi-national operations" on its website, but does not provide any regulatory documents or international license numbers. Multiple verification efforts have confirmed that the platform does not appear in the databases of major regulatory bodies, including the UK FCA, Australia's ASIC, Cyprus' CySEC, or Canada's FINTRAC.

Furthermore, CrestPrime Markets' domain name registration was relatively recent, and the registrant's information was hidden, a practice often used to obscure a company's true identity and capital flows. Furthermore, the platform's claimed "office address" and "customer service center" could not be publicly verified, and some investors reported that emails and phone calls went unanswered.

Judging from its brand background, CrestPrime Markets is most likely a temporary trading website that lacks a real operating entity and compliance basis, posing a very high risk of fraud.



💹Trading products and services

CrestPrime Markets claims to offer a wide range of CFDs covering forex, precious metals, energies, indices, and cryptocurrencies, and touts "zero commission" and "spreads as low as 0.0" as key selling points. However, the platform does not disclose detailed spreads, fees, or slippage, nor does it specify whether trade execution is supported by third-party liquidity providers.

This vague product description and opaque cost structure make it difficult for investors to determine the true terms of their trades. Furthermore, the platform's alleged leverage of up to 1:1000 far exceeds the risk limits of most regulatory bodies, suggesting that its operations are unaffected by any regulatory restrictions. This extremely high leverage is often used to lure retail investors into quick deposits, but it can easily lead to margin calls and financial losses.



💻Trading technology and platform experience

Regarding trading systems, CrestPrime Markets claims to offer the MetaTrader 5 (MT5) platform. However, the website lacks any verifiable MT5 server ID or download verification links, and some links are even inaccessible. Multiple tests indicate that the website may not actually be connected to the MT5 system, but rather uses a replica interface to lure users into depositing funds.

Furthermore, the website lacks SSL encryption certification, resulting in poor security and the risk of personal and payment information being stolen. Some users have reported significant slippage, transaction delays, and unexpected account freezes while using the platform. Overall, CrestPrime Markets' trading system and data security clearly fall short of the standards of a legitimate broker.



🛡️Regulatory compliance and fund security

Transparency in regulatory information is a crucial criterion for evaluating the reliability of a forex platform. However, CrestPrime Markets has not disclosed any valid regulatory identification number, nor has it mentioned a client funds custody bank or independent auditor. While the platform claims on its website that it employs "segregated accounts" and "top security standards," there is no verifiable documentation or third-party evidence.

CrestPrime Markets has been verified to be unauthorized by any regulatory body and therefore operates in an unregulated environment. This means the platform can freely manipulate trading data and fund flows, leaving investors without legal protection in the event of an account freeze, withdrawal denial, or website closure.



⚡Trading conditions and experience

CrestPrime Markets claims to offer high leverage, zero commissions, and “ultra-tight spreads,” but these promises are not backed up by actual evidence. Several investors have reported that the platform experienced “account verification delays” or “technical issues” after users made profits, preventing them from withdrawing their funds.

The platform experiences significant slippage during trade execution and fails to explain the source of its matching mechanism, suggesting investors' trades could be subject to back-office intervention. High leverage, combined with an unregulated environment, makes it extremely easy for investors to lose money quickly.



🎓Customer support and value-added services

CrestPrime Markets only provides customer service via email and an online form; no company phone number or physical office address is publicly available. Some users report that customer service was responsive before deposits, but completely disconnected during withdrawals and complaints. The website's so-called "educational resources" and "market analysis reports" are simple in content, primarily designed to attract new traders, and lack professionalism and frequent updates.

This type of customer service structure often appears on high-risk or fraudulent forex platforms, with the aim of creating a legitimate image and inducing investors to make further deposits.



⚠️Risk Warning and Platform Positioning

CrestPrime Markets has typical high-risk characteristics, including:

  • No regulatory licenses;

  • Domain name registration information is hidden;

  • Difficulty in withdrawing funds and loss of contact with customer service;

  • False MT5 authorization claims;

  • Opaque funding security and cost structure.

According to BrokerHiveX's risk management ratings, CrestPrime Markets is classified as a "high-risk, unregulated platform," and its operating model is highly similar to common forex Ponzi schemes. Investors who have already deposited funds with the platform should immediately cease trading, preserve evidence, and seek assistance from professional debt recovery channels.



🔍Comprehensive analysis and evaluation

Overall, CrestPrime Markets fails to meet the basic qualifications and regulatory standards of a legitimate forex broker. It has serious issues with its corporate background, technical security, customer service, and regulatory transparency. The platform is highly likely using legitimate brand appearances and exaggerated marketing propaganda to attract retail investors, thereby achieving illegal profits.

CrestPrime Markets has been designated as a high-risk, blacklisted platform by BrokerHiveX. Investors are advised to stay away from this website and avoid any deposits or trading operations to prevent asset losses.

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Selected Enterprise Evaluation

2.63

Total 4 comments
****
1.00
I opened an account with CrestPrime Markets after seeing their ads promising fast withdrawals and tight spreads. Once I deposited, everything changed — constant technical errors, slow responses, and zero withdrawal approval. It feels like a scam operation disguised as a broker.

Reply

bl***51
@****

When the platform froze my withdrawals, I initially hoped it was just a technical issue—but soon realised I had fallen victim to a scam. Mrs. Doris Ashley came highly recommended, and from our first interaction, she was transparent, professional, and responsive. Within 72 hours, she successfully recovered my funds—delivering exactly what she promised, with no false assurances. Email: (dorisashley71 (@) gM..ail. c 0 m ) WhatsApps:+1 (404) .-721 . -56 .-08 She’s the only one I personally trust when it comes to financial recovery. Stay safe and protect your money

Reply

****
1.50
The platform looks professional at first glance, but it’s all marketing. Prices move strangely during trades, and customer support disappears once you ask to withdraw funds. I lost my initial deposit — avoid this broker at all costs.

Reply

bl***51
@****

When the platform froze my withdrawals, I initially hoped it was just a technical issue—but soon realised I had fallen victim to a scam. Mrs. Doris Ashley came highly recommended, and from our first interaction, she was transparent, professional, and responsive. Within 72 hours, she successfully recovered my funds—delivering exactly what she promised, with no false assurances. Email: (dorisashley71 (@) gM..ail. c 0 m ) WhatsApps:+1 (404) .-721 . -56 .-08 She’s the only one I personally trust when it comes to financial recovery. Stay safe and protect your money

Reply

****
5.00
I was unfortunately targeted by an online investment scam after investing more than $2M based on promised high returns. When I attempted to withdraw funds, my account was frozen, and the platform demanded additional “verification” payments—an immediate red flag I later worked with an asset-recovery professional who helped me recover a portion of the lost funds (about $450,000). While experiences and outcomes differ, I appreciated the support throughout the process. This incident highlights the importance of strong cybersecurity awareness: Email: (dorisashley71 (@) gmail. com ) or via WhatsApp at +1 .- (404) 721 56 08.) always verify platform legitimacy, conduct independent research before investing, and be cautious of platforms requiring unexpected payments for withdrawals. Staying informed is crucial to protecting your financial assets in the digital space.

Reply

****
3.00
Please do not fall prey to their sweetly spoken Customer Executives. I lost US$1,700 just because of greed, thinking it would multiply and I could get attractive returns. Anyhow, I managed to get their Head Office address and Phone No. (mentioned on their website) physically verified at Seychelles and found that there is nothing related to Capitalix at that address. Even if you invest, initially everything will look very smooth and fine. After a few days, all your investment will start going negative and will never recover. Now you have lost all your money. Don’t believe the good reviews about them on different websites, it’s all managed by them. I am mentioning what I personally faced. Thankfully, I was later able to recover my money with the help of Mrs. Bruce Nora, whom I came across through the internet (and was also recommended by a friend). Without that support, I would have lost everything. don’t give up—Mrs. Nora is someone you can truly trust. Email: bruce.nora254(@)gmail.com | .web, trazevault.org"Be careful out there—scams are everywhere these days."

Reply

~ There's nothing more ~

About CrestPrime Markets's questions

01

Ask:Is CrestPrime Markets regulated by any international financial regulator?

Answer:No. CrestPrime Markets does not publish any regulatory license numbers on its official website, nor is it registered with authoritative institutions such as the FCA (UK), ASIC (Australia), or CySEC (Cyprus). The platform uses the slogan "globally compliant operations" but lacks any documentation to support this claim. This means that CrestPrime Markets operates in an unregulated environment, and the security of client funds is unreliable.

02

Ask:Why do some users report difficulties withdrawing funds from CrestPrime Markets?

Answer:Numerous investors have reported delays or even rejections after requesting withdrawals, citing reasons such as "compliance review" and "system maintenance." Because the company is unregulated and lacks an independent fund custody system, investors cannot verify whether their funds have been misappropriated. This type of behavior is often seen among high-risk brokers masquerading as legitimate platforms. Investors are advised to immediately cease deposits.

03

Ask:Are the high leverage and low spreads advertised by CrestPrime Markets real and reliable?

Answer:The platform claims to offer leverage of up to 1:1000, "zero commission," and "ultra-low spreads," but fails to provide any third-party verification data. Unregulated platforms often attract investors by exaggerating trading conditions, but may actually manipulate prices and increase slippage behind the scenes, causing accounts to quickly liquidate. Investors should be aware that such high-leverage promises are extremely risky, as so-called high returns often mean a high probability of loss.