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IS Prime -

Score

1.53 /10
Danger

IS Prime

United Kingdom

5-10 years

Regulated in United Kingdom

Investment Advisory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

https://www.isprimefx.com

Influence

D

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index2.78

Business Index7.18

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

IS Prime Ltd

Company Abbreviation

IS Prime

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-22
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 629586)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

A Visit to IS Prime in UK -- Finding No Office

The survey team went to London, UK, to visit the the dealer IS Prime and found no office at its business address. It was supposed that the dealer might just use that address to register its company, or there was no offline exhibition place. Please be prudent when trading with this broker.

Danger United Kingdom

WikiFX Verification

IS Prime · Company summary
iSAM Securities Review Summary
Founded2014
Registered Country/RegionUnited Kingdom
RegulationFCA Exceeded
Market InstrumentsForex, Commodities, Indices, Stocks, Metals
Customer SupportEmail: info@isam-securities.com
Address: 100 Bishopsgate, London, EC2N 4AG, UK;Suite 3309, Tower 1, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong
Tel: +44 207 258 9972
contact form

iSAM Securities Information

iSAM Securities, a brokerage company who started business since 2014 and now has 5 offices across Asia, Europe and the US for global coverage. It provides trading services in forex, commodities and indices with end-to-end solutions and risk managements for all kinds of clients.

iSAM Securities Information

Pros and Cons

ProsCons
Wide range of tradable assetsFCA Exceeded
Limited info on trading conditions

Is iSAM Securities Legit?

iSAM Securities' regulation by FCA (Financial Conduct Authority) with licenses numbering at 629586 has been exceeded, indicating less compliance to the rules set by the authority.

Regulated CountryRegulatorRegulatory StatusRegulated EntityLicense TypeLicense Number
Is iSAM Securities Legit?
Financial Conduct Authority (FCA)ExceedediSAM Securities (UK) LimitedInvestment Advisory License629586

What Can I Trade on iSAM Securities?

iSAM Securities provides liquidity to more than 100 currency pairs, as well as non-FX products like indices and commodities.

Forex: Forex, or foreign exchange, is the global marketplace for trading national currencies against one another, facilitating international trade and investment.

Commodities: Commodities are basic goods used in commerce that are interchangeable with other goods of the same type, such asprecious metals and energy or agricultural products.

Indices: Indices are statistical measures that represent the performance of iSAM Securities of a specific group of assets, such as stocks or bonds.

When dealing with investment activities, always adhere to the principle of diversification by allocating funds across various products rather than only a single one you feel optimistic about.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies❌
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌

User Reviews

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User comment

3

Comments

Write a review

FX1660147238
more than one year
This is the first time I've had to leave a review. I've had intermittent withdrawal issues with most of my withdrawals via PayNow being stuck or cancelled and there's been no acceptable response from the finance team aside from you can 'withdraw as usual'. I now have money stuck in withdrawals which can neither be used in real life nor traded.
This is the first time I've had to leave a review. I've had intermittent withdrawal issues with most of my withdrawals via PayNow being stuck or cancelled and there's been no acceptable response from the finance team aside from you can 'withdraw as usual'. I now have money stuck in withdrawals which can neither be used in real life nor traded.
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2024-03-28 11:56
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FX1457831760
more than one year
On one hand, they keep reaching out to me, but on the other hand, their product offerings are incredibly limited. I'm not sure what their goal is, but it's clear that their services don't align with my interests. While I appreciate their persistence, I'd rather work with a trading platform that offers a wider range of options and better caters to my needs as a trader.
On one hand, they keep reaching out to me, but on the other hand, their product offerings are incredibly limited. I'm not sure what their goal is, but it's clear that their services don't align with my interests. While I appreciate their persistence, I'd rather work with a trading platform that offers a wider range of options and better caters to my needs as a trader.
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2023-03-29 10:40
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