Suspected of fraudLibertyPrime Securities
1Year
Basic Information
Country
AmericaMarket Type
foreign exchangeEnterprise Type
BrokerageService
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, EnglishDomain Registration Date
2024-09-18Business Status
Suspected of fraudCompany IntroductionWeb Analytics
Company Introduction
LibertyPrime Securities claims to be a global financial broker offering foreign exchange, precious metals, energy, and contracts for difference (CFD) trading services. Its website claims to be headquartered in London, UK, and to be supervised by financial regulators in multiple countries. However, verification revealed significant inaccuracies in the platform's registration information and regulatory statements. The company number and alleged FCA (Financial Conduct Authority) regulatory number provided on the website are not found in any official databases.
LibertyPrime Securities' website appears professional, with a layout mimicking that of a well-known forex brand. However, its content is filled with vague information, false credentials, and empty promises. No verifiable information regarding the company's background, founding date, or team members is disclosed, demonstrating a clear lack of transparency. Such websites often use terms such as "global financial group" and "institutional-grade liquidity" to create a false impression of compliance and lure investors into depositing funds.
🌐Global layout and brand background
LibertyPrime Securities claims on its website that it "serves clients worldwide" and has branches in Europe, Asia, and the Middle East. However, an investigation has failed to identify any valid business registration information. Its so-called "international business network" lacks substantive support and is more of a marketing gimmick.
Further analysis revealed that the platform's domain name was recently registered and shared similar IP addresses and hosting services with several suspicious websites already on the warning lists of financial regulators. This behavior is often a "multi-site switching" tactic used by high-risk investment fraud platforms to evade tracking.
Therefore, LibertyPrime Securities' so-called "international financial group" positioning has no credibility at all and is more like a false corporate image deliberately created to package a scam.
💹Trading products and services
LibertyPrime Securities claims to offer a diverse range of trading products, including forex, stocks, indices, precious metals, and cryptocurrencies, designed to appeal to a diverse range of investors. However, the platform does not disclose any specific liquidity providers or trading data sources, nor does it explain its backend matching mechanism.
According to user feedback, some accounts experienced severe slippage, delayed execution, and even forced liquidation during trading. Customer service representatives shirked responsibility by citing "system fluctuations" or "liquidity adjustments." This suggests the platform may be manipulating quotes through backend services to create a false trading environment, leading to rapid losses for investors.
Furthermore, LibertyPrime Securities' deposit process is complex and only supports high-risk payment channels (such as third-party crypto wallets and anonymous transfers), which clearly violates the operating regulations of formal financial institutions.
💻Trading technology and platform experience
Although the website claims to support the MetaTrader 5 (MT5) trading platform, its download link does not match the officially authorized server and has been identified as a counterfeit terminal after testing. Users reported experiencing interface anomalies after installation, inability to connect to real liquidity sources, and inability to synchronize trading data with the official MT5 verification system.
These "fake MT5 platforms" are often used to disguise real trading, misleading users into believing they are trading in the forex market. In reality, all market conditions, orders, and profits and losses are controlled by the backend. Some investors report that their accounts are blocked as soon as they become profitable, with customer service freezing funds under the pretext of "anti-money laundering audits."
In summary, LibertyPrime Securities' so-called "advanced trading technology" is essentially false advertising, and the platform environment has obvious manipulation risks.
🛡️Regulatory compliance and fund security
Regulatory compliance is one of the platform's most serious issues. LibertyPrime Securities repeatedly mentions "FCA accreditation" and "MiFID II compliance" on its website, but these claims cannot be verified by regulatory agencies. The company does not appear on any major regulatory lists, including those of the FCA, ASIC, CySEC, and FINMA.
The platform also fails to provide fund segregation or audit reports, making it highly likely that investor funds are commingled with the company's operating accounts. Numerous complaints indicate that users are unable to withdraw their deposits, are required to pay so-called "account activation fees" or "unfreezing taxes," and are unable to retrieve their funds even after making the payments.
This type of operation is exactly the same as the typical foreign exchange fraud routine.
Therefore, LibertyPrime Securities' regulation and fund security are both at a high-risk warning level, and investors should avoid transferring any funds to this platform.
⚡Trading conditions and experience
LibertyPrime Securities claims to offer "extremely low spreads," "up to 1:500 leverage," and "zero commission" trading conditions, but actual performance is completely inconsistent with these claims. Multiple investors reported spreads significantly higher than industry standards and frequent disconnections during peak trading hours.
In addition, the platform's account system is chaotic and there are no real transaction reports or settlement records.
This opaque operating environment often provides easy access for back-office intervention and the artificial creation of losses. The combination of high leverage and false quotes on the platform further amplifies the risk of loss for investors.
🎓Customer support and value-added services
LibertyPrime Securities' customer support is extremely unprofessional. Although the website claims to offer "24/5 professional customer service," most feedback indicates that emails go unanswered and automated online customer service bots answer, making human assistance virtually impossible.
The platform’s so-called “educational resources” and “market analysis reports” are all content copied from the Internet and have no actual analytical value.
Some users reported that customer service would frequently contact them early on to urge them to deposit funds, but as soon as they requested a withdrawal or raised questions, they would immediately lose contact or have their account blocked. This behavior further confirms the scam's nature.
⚠️Risk Warning and Platform Positioning
LibertyPrime Securities is an unregulated, high-risk forex platform whose operating model closely resembles numerous international investment fraud cases. The platform lured investors into depositing funds through a scheme that employed fake licenses, a forged MT5 platform, and high-yield promises. The platform then misappropriated funds through account freezes and fabricated losses.
The company does not have any financial transaction qualifications and has not fulfilled its obligations to isolate client funds and disclose risks.
All signs indicate that the platform may be a fake financial website set up by a professional fraud group, and once investors' funds enter, it will be difficult to recover.
🔍Comprehensive analysis and evaluation
Comprehensive analysis shows that the main characteristics of LibertyPrime Securities are as follows:
It lacks any legal financial regulatory qualifications and its regulatory statements are false;
Use of fake trading platforms and opaque backend systems;
The flow of funds is unclear and customer complaints are frequent;
Problems such as loss of customer service, blocked withdrawals, and falsified information are prominent.
According to the BrokerHiveX risk rating system, LibertyPrime Securities is classified as a “high risk/potential scam platform”.
Investors are advised to stay away from such unregulated brokers and avoid any form of fund transactions.
Selected Enterprise Evaluation
1.67
Total 3 commentsLibertyPrime Securities presents multiple red flags, including fake regulatory claims, unverifiable company details, and a cloned MT5 platform. The broker operates without any recognized financial supervision, posing a serious risk to investor funds.
Reply
Despite its professional-looking website, LibertyPrime Securities has been linked to numerous withdrawal failures and false compliance statements. Users have reported frozen accounts, unresponsive support, and aggressive deposit requests — clear signs of a potential scam operation.
Reply
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
~ There's nothing more ~
About LibertyPrime Securities's questions
Ask:Is LibertyPrime Securities actually regulated by financial regulators in the UK or elsewhere?
Answer:No. Although LibertyPrime Securities claims to be regulated by the UK Financial Conduct Authority (FCA) on its website and displays information such as its "registration number," verification has revealed that these details are fabricated. The company is not registered in any authoritative regulatory database. This means the platform is not legally qualified to engage in forex or contracts for difference (CFD) trading and is not subject to any regulatory protection. If any financial losses arise, investors will be unable to recover their losses through legal means.
Ask:Why are some investors unable to withdraw funds from LibertyPrime Securities?
Answer:According to multiple victims, the platform often denies withdrawals, citing "account activation requirements," "tax verification," or "system security audits," and even requires investors to pay additional fees before they can retrieve their principal. Even after making payments, however, funds often remain unavailable, with customer service subsequently losing contact or blocking accounts. This is a classic financial deception tactic, demonstrating the platform's completely opaque fund management mechanisms. The fundamental reason for the withdrawal failures is that the funds never enter any regulated account.
Ask:Is the trading platform provided by LibertyPrime Securities reliable? Is it a genuine MT5 system?
Answer:Unreliable. The so-called MetaTrader 5 (MT5) trading terminal provided by the platform is actually a counterfeit version, not powered by officially authorized MetaQuotes servers. The quotes, profit and loss records, and open positions that users see during trading are likely manipulated by backend services and have no correlation with actual market conditions. Multiple investors have reported having their accounts frozen or liquidated after generating profits, indicating that LibertyPrime Securities is not a legitimate financial trading platform, but rather a high-risk website that uses a fraudulent system to create the illusion of trading.