Suspected of fraudMatrixPrime Trade
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
MatrixPrime Trade claims to be an international platform providing forex and contracts for difference (CFD) trading services, but its corporate information is severely lacking in transparency. Its official website fails to clearly disclose the company's place of registration, year of establishment, or the background of its management team, nor does it identify any authoritative regulatory qualifications. Compared to established, compliant brokers in the industry, MatrixPrime Trade's positioning tends to attract investors through high returns and vague advertising, raising doubts about its credibility and providing no guarantee of fund security.
🌐Global layout and brand background
MatrixPrime Trade claims to serve the global market and have a broad customer base, but its official website lacks verifiable branch information or cross-regional licensing records. Its brand background cannot be publicly traced, and it lacks capital backing or endorsement from a reputable financial group. Its so-called "global presence" is more like exaggerated marketing rhetoric than genuine cross-border compliant operations. This lack of information itself is a clear risk signal.
💹Trading products and services
While the platform offers a seemingly diverse range of products, including forex currency pairs, precious metals, indices, and cryptocurrency CFDs, it lacks transparent disclosure of spreads, transaction costs, or liquidity sources. In particular, cryptocurrency trading is offered solely as CFDs, meaning investors don't actually own the assets, posing a financial security risk. The overall product and service offerings are more like marketing gimmicks than a truly reliable trading experience.
💻Trading technology and platform experience
MatrixPrime Trade claims to use "advanced trading technology," but its official website lacks any authoritative certification or third-party evaluation. Its platform environment is primarily a repackaged white-label system, lacking stability and transparency. Investors may experience slippage, delays, or even order execution failures during trading. Compared to the MT4/MT5 platforms widely used by regulated brokers, this platform's technical strength and reliability are significantly lacking.
🛡️Regulatory compliance and fund security
Lack of regulation is the biggest risk for MatrixPrime Trade. The platform lacks a valid regulatory number, and no relevant registrations can be found with authoritative financial institutions such as the FCA, ASIC, or NFA. There is also no evidence of segregated custody of customer funds. The lack of a compensation mechanism means that if the platform denies withdrawals or shuts down, investors risk complete loss of their funds. This regulatory gap highlights the high likelihood of being a "black platform."
⚡Trading conditions and experience
MatrixPrime Trade touts "low spreads" and "up to 1:500 leverage," but such ultra-high leverage is strictly prohibited in regulated markets. These "advantageous conditions" are actually bait to lure investors into taking significant risks. Once investors invest, they risk a rapid liquidation or difficulty withdrawing funds due to the high leverage. The experience and security offered by these platforms are completely incomparable to those offered by regulated platforms.
🎓Customer support and value-added services
Customer support on this platform is extremely limited, mostly offered through email or forms, lacking real-time responses. The official website offers almost no substantive educational courses or market analysis, and the so-called "value-added services" are more of a formality than a promotional tool. If investors encounter problems, their recourse is extremely limited, and actual support is near-zero.
⚠️Risk Warning and Platform Positioning
Forex and CFD trading are inherently high-risk products, and MatrixPrime Trade, with its lack of regulation, financial insecurity, and lack of transparency, further amplifies these risks. Rather than providing a compliant trading environment, the platform attracts funds through inflated leverage and ambiguous advertising. Investors trading on such platforms face a high risk of frozen funds, blocked withdrawals, or even account devastation, placing them at high risk of falling prey to fraud.
🔍Comprehensive analysis and evaluation
In summary, the main problems with MatrixPrime Trade are:
Corporate information and brand background are not transparent;
There is no authoritative supervision and the safety of funds is not guaranteed;
The trading conditions are overly aggressive and carry inducement risks;
Customer support and value-added services are severely lacking.
Overall, MatrixPrime Trade does not meet the requirements for legal and compliant financial services, and its characteristics are highly consistent with typical scam platforms. Investors should place it on a high-risk warning list to avoid financial losses.
Selected Enterprise Evaluation
2.40
Total 5 commentsMatrixPrime Trade shows all the signs of a scam. No regulation, no transparency, and unrealistic trading conditions. It’s a high-risk platform investors should avoid.
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Stay away from MatrixPrime Trade. Withdrawals are uncertain, the company background is unclear, and there are no valid licenses. This broker looks like a complete fraud.
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Hi everyone. the stress, the regret, the silence. I lost nearly $17,300 to what I thought was a legit trading platform. It was hard to accept, and even harder to explain to others. But someone recommended Mrs. Nora to me, and I’m glad I reached out. She handled the case professionally and didn’t judge me at all. She focused on getting results — and she did. I had my funds returned within a few days. If anyone here is going through the same thing, I just want to say: don’t give up too quickly. There’s still hope, and help is out there. brucenora 254 (@) gmail. com |
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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.
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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 (@) gmail. 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
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~ There's nothing more ~
About MatrixPrime Trade's questions
Ask:Is MatrixPrime Trade regulated by any authoritative financial institution?
Answer:No. MatrixPrime Trade has failed to provide any valid regulatory licenses, and its registration information cannot be found in the databases of regulatory bodies such as the FCA, ASIC, or NFA. This means that the platform is unregulated, and investor funds have no legal protection, which is extremely risky.
Ask:Are the high leverage and low spreads advertised by the platform trustworthy?
Answer:It's not credible. MatrixPrime Trade claims to offer leverage up to 1:500 and extremely low spreads, but these conditions are already prohibited in most regulated markets. Ultra-high leverage is often used as a lure by high-risk platforms, leaving investors vulnerable to margin calls and slippage and opaque fees during trade execution.
Ask:If you encounter difficulties in withdrawing funds from MatrixPrime Trade, how can you protect your rights?
Answer:Because the platform lacks regulatory oversight and an investor compensation mechanism, it's nearly impossible to defend your rights if funds are frozen or withdrawals are denied. Investors lack regulatory involvement and legal protection, potentially leading to a loss of funds.