Evergreen Prime Capital Review – Is Investing in evergreenprimecapital.com Safe?
Evergreen Prime Capital promises access to more than 2250 trading instruments, such as forex, stocks, indices, bonds, commodities, and cryptocurrencies. With four account types—Standard, Pro, Micro, and ECN—and leverage of up to 1:500, it could seem attractive. But as this Evergreen Prime Capital review shows, the broker has several red flags that cannot be overlooked.
About Evergreen Prime Capital
Company Name – Evergreen Prime Capital Limited
Website – https://www.evergreenprimecapital.com/
Address – Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia
Regulatory Warning – Not Recommended By Review Website Like Scams Report
Domain Blacklisted Status – The domain evergreenprimecapital.com is listed on a known blacklist, indicating potential malicious or suspicious activity. Combined with its lack of regulation and transparency, this raises serious concerns about its legitimacy.
No Regulation and Offshore Registration
One of the most troubling issues is the broker’s absence of regulatory supervision. Evergreen Prime Capital is allegedly registered in St. Lucia, a notorious offshore haven with little regulation and effectively no investor protection. Because forex brokers are not licensed or regulated in this jurisdiction, your investments are extremely vulnerable.
While the broker claims to have a base in Dubai, there is no proof of its authorization by any financial authority there. This adds to the risk of being scammed.
Missing Trading Software and Poor Transparency
The absence of verified trading software is another issue. Although Evergreen Prime Capital claims to have over 23 currencies and other instruments to trade, they do not say what the trading platform they use is. Most trusted brokers give access to platforms such as MetaTrader 4 or 5; this broker doesn’t have one.
Additional Red Flags
- A low WikiFX Score of 1.32/10 – indicates a danger
- No details regarding the methods of deposit or withdrawal
- Lack of openness regarding commissions, fees, or spreads
- No educational resources or trading support
Evergreen Prime Capital Scam Possibility
This Evergreen Prime Capital review raises several concerns. The combination of offshore registration, no valid license, and no reliable software raises a strong indication that it is a scam.
Evergreen Prime Capital might promise attractive features, but its unregulated status and lack of transparency make it highly unreliable. It is highly recommended that traders stay away from this broker and look into regulated alternatives for safer investing.
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About Scams Report
Scams Report is a trusted fraud reporting and fund recovery assistance company dedicated to helping victims of financial scams. It provides expert guidance, chargeback support, and legal assistance to recover lost funds. Additionally, its blog educates users by exposing fraudulent brokers and investment scams, ensuring safer financial decisions for traders worldwide.
All newly invented fraudulent schemes to fool new traders are constantly monitored by us on the Internet. For over a decade, we have been collecting scam-related data, so we do believe in knowing every UNFAIR company operating in the market. Therefore, we have gathered the information regarding the scammers from the List of SCAM Brokers for you.
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Disclaimer: This review is based on online reports and customer complaints. Always research carefully before investing with any broker.