Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of Intelligence Prime Capital Trading Company
Since Intelligence Prime Capital Ltd. is not subject to stringent regulation by a financial authority, it cannot be considered a reliable broker. Without the necessary authorization and under the pretense of being based in Ireland, Intelligence Prime Capital Ltd. (Ireland / Canada) (www.iprimecapital.com) (no longer operational) has been conducting business as an investment firm. Intelligence Prime Capital was an illicit professional participant in the securities market, operating from a virtual address, and it pilfered content from the website of another forex broker for its website.
In addition to the absence of rules, Intelligence Prime Capital has received numerous warnings and negative reviews from users. After a while, the website states that it has been undergoing upkeep for nearly three months. A security breach was subsequently disclosed, and the business said it was taking the required actions to guarantee the safety of its clients' money. Due to additional problems caused by the security breach, the IPC management had to forcibly move all investor funds to their new Master C bot—a cryptocurrency bot—without the participants' permission. These funds will now be locked up for approximately 100 days before investors can access their money. However, these funds were never unlocked for clients to withdraw.
User Satisfaction i
Share your experience
- Best
- Last
- Oldest
Contacts
| Registration address | The broker purports to be headquartered in Canada, licensed and regulated by the Canadian government (▶️FINTRAC), and a member of the HLK Group, an ASIC-regulated business. However, the claim was removed from the IPrimeCapital page after this firm published an official notice on its website. |
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
Articles that may help you
FAQs
Why has Intelligence Prime Capital been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against Intelligence Prime Capital by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Intelligence Prime Capital is down, not updated or operates with clear errors and some features are not available;
• Intelligence Prime Capital has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if Intelligence Prime Capital got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why Intelligence Prime Capital got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from Intelligence Prime Capital?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if Intelligence Prime Capital is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
Traders Union Recommends: Choose the Best!
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest.