Prime4x is SCAM

Prime4x is cam
Please be ware, if you want to open an account with this broker read this first:
I opened several accounts with this broker and few months later I discovered that I can't withdraw my money
Now I'm still waiting for the FOUR withdrawal requests done on 17/may/2010 for a total of $79,745

Here are the details of my accounts:
Account # 60716 balance $20,544
Account # 60758 balance $20,222
Account # 60759 balance $20,924
Account # 60760 balance $18,055
Several people are scammed and reported their story on the forum of ForexPeace Army http://www.forexpeacearmy.com/public...e4x.com?page=1

Please inform your friends and all people you know.

Yes they are!! Since you trade for others I'm surprised you used them. I demo'd their price feed and its AWFUL!! Its ridiculously smoothed and filtered.

I attempted to close my account and had a problem!
However, When I requested only half of my balance and continued to trade, they provided my withdrawal.
I suggest you try taking half size amounts at a time over a prolong period while continuing to trade. Eventually you may get your account down to an amount that you can tolerate the loss. Something better than nothing!

No, It did not work for me. I think they run away with our money since they don't even reply to emails.

Hi,

Don't understand how you can go with such unregulated & shop bucket. Of course experience helps seeing such setup.

Take care & avoid for example all brokers that withdraw from US & Swiss when regulation requirement got rised. If they escaped that's because they don't have enough capital & can't fill the minimal requirement.

Also if they don't want to get slashed by US, UK is offering an alternative with hedging or Autralia. I remain very cautious with exotic brokers.

Also getting regulated in US or UK doesn't prevent broker from collapsing like refco or crown forex ( swiss).

Regards
13

Tadawul, who moved their base from Switzerland to Cyprus, seems to fit this profile. However they still do seem like a decent broker overall based on many dealings I've had with them. I think they should open a UK office though to strengthen their credibility.

But back to the topic, I had a similar problem withdrawing from Prime4x too, but eventually got it after some months. I would not deposit funds with them again.