Seaprimecapitals Review – A Risky Brokerage?
Seaprimecapitals claims to be a UK brokerage in CFD, cryptocurrency, and commodities trading while promoting features like several different account types and the MT5 trading platform. But several red flags then arise, putting investors’ money at risk. This Seaprimecapitals review aims to lay open the primary concerns surrounding this broker.
Website – https://seaprimecapitals.com/
Website Availability – Yes
Headquarters Country-
- Office number-M8-A4, Moosawi Building, Mankool, Bur Dubai, UAE
- Suite 305, Griffith Corporate Centre,Beachmont, Kingstown, St. Vincent and the Grenadines
Owned By – Seaprimecapitals LLC
Blacklisted by – Not Recommended By Review Website Like Fraud Recovery Experts
Domain Age –
- Name SEAPRIMECAPITALS.COM
- Registry Domain ID 2674156992_DOMAIN_COM-VRSN
- Registered On 2022-02-10T07:04:10Z
- Expires On 2026-02-10T07:04:10Z
- Updated On 2024-02-10T10:38:46Z
Key Concerns
1. No Valid Regulation
Seaprimecapitals is not regulated, which in itself is a very worrisome thing. The firm does not operate with a known financial license, which means that traders will have no legal recourse should the company act unethically or refuse to make withdrawals.
2. Wide Spreads & Hidden Fees
The broker has extremely wide spreads, which makes increasing costs for investors. In addition, there are hidden commissions and fees that complicate the assessment of the real cost of trading through this broker.
3. Limited Trading Instruments
Seaprimecapitals ads show many assets; nevertheless, they have an insubstantial number of trading instruments compared with top brokers. This puts a fetter on investors’ effective diversification of their portfolios.
4. Lack of Direct Customer Support
A trusted broker would have direct communication channels such as phone support or live chat; Seaprimecapitals is very bad at this because it complicates issues for traders who want to sort them or recover their funds.
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