PrimeOakmont Review – Truth Behind PrimeOakmont.Com

PrimeOakmont claims to be a broker that has been on the market since 2009 and that is “dedicated to creating outstanding client’s trading experiences”.

Do not count on this being true, since the only experience this broker can deliver would certainly not be pleasant. In fact, you will most certainly end up robbed if you invest with this fraudulent company.

With this being said, let’s dive into this PrimeOakmont broker review to learn more about this investment scam’s shady tactics and why you should stay away.

Is PrimeOakmont a Legit Broker? Safety and Regulation

Our little crypto scammer is a far cry from a regulated broker. There are three phone numbers on their website that state they have offices in the UK, Canada, and Poland.

Needless to say, such a shady broker cannot possibly be registered with the respective regulators, especially with the UK’s FCA since that institution has high demands.

And it’s true. Not only are they not regulated but they also managed to get official warnings not only from OSC but as well from CSA, BCSC, and FCSC. That is more than enough for you to know that you are dealing with a scam broker.

Supported Trading Platform at PrimeOakmont

PrimeOakmont offers access to a quite generic web-based trading platform. The web trader is far from what they advertise as they do claim they have cutting-edge technology trading software.

The number of trading tools and features you would be getting on such a platform is fairly limited, the obvious simplicity and accessibility come at the expense of more advanced functionality.

We would advise you to trade on a more efficient and functional trading platform. This would ensure a better trading experience and faster development of your trading skills.

Moreover, given PrimeOakmont’s illicit status, we have reason to believe that this platform is rigged! Yes, the fraudster sets up fake numbers and charts while only accepting deposits. No profits here, folks.

PrimeOakmont Account Available

PrimeOakmont offers six different account types that include the following:

• Mini –$250
• Silver – $1,001
• Gold – $5,001
• Platinum – $50,001
• Diamond – $100,001
• VIP – $250,001

Of course, considering they are nothing more than just another scam, we don’t advise you to give them any money whatsoever.

Deposit and Withdrawal Options

It’s not a surprise that many scam brokers such as PrimeOakmont only offer cryptocurrencies as the only deposit method. This is because crypto transactions are practically anonymous and it would be hard for you to ask for a refund.

Luckily, getting your money back is possible and you shouldn’t be embarrassed if you got scammed. It can happen to anyone and it’s important to report your scammers as soon as possible. And considering that they are asking for a minimum deposit of $250 while a regulated broker will ask for as little as $10 or nothing, just avoid them at all costs. 

How the Fraud Is Conducted

There are many shady tricks offshore brokers pull to make their potential clients invest.

Most commonly, they will offer very high deposit bonuses, which of course come with a certain set of strings attached. To withdraw any money, you will typically need to reach an enormous turnover. Of course, that is practically impossible as the platform you will use for trading isn’t even the legit thing.

And in combination with persuasive agents that will likely call you every day to convince you this is a real deal, it can be hard to stay firm and avoid them.

PrimeOakmont Summary

We conducted this PrimeOakmont review so you could see what kind of scam they are trying to pull off on a regular basis. Even though they claim to be a UK-based broker, we could not find any information to support this as the address they provided is likely false as well.

We were also not surprised at the fact that the broker lacks other basic information on their lousy website. You should look at it this way, the more they put online, the easier they are to track and later suffer the consequences of their actions.

There could also be found many complaints about this broker in particular and the services they provide. Be cautious and try to avoid those that have this many negative reviews online.

This is why you should always choose a reputable legit broker as they stand behind the service they offer.

FAQs About PrimeOakmont Broker