PrizmaPro is a relatively new offshore broker, that opened in March of 2021. They have a very striking similarity with the old broker scam called MigoTrade.
For withdrawal issues and complaints read this.
A review of the trading apps that PrizmaPro offers their investors shows that it is the Sirix web trader, from Leverate. It is available as a web-based version or you can download the mobile apps for Android and Apple devices. During our review we did not find MT4 or MT5 available.
PrizmaPro lists a variety of underlying assets for CFD trading including; Major and Minor Forex Pairs, Market Indexes, Shares, Commodities, Crypto Currency and Metals. The minimum deposit requirement for a new trading account is officially $250, and this broker accepts deposit via credit card.
Prizma Pro brokers offer new traders and investors “Bonus Money”, which sounds very appealing, but it is the reason for most complaints by newbie investors, that do not understand how bonus money really works.
If you are interested in using an automated trading app, look at the popular apps listed here.
Scam Trading Apps!
99% of investors like you came to this broker because you signed up for a crypto trading app like Quantum Code. Automated trading apps are promoted online, via spam emails and fake news websites. You should take a few minutes, and learn how the Crypto Investment Scams operate, see the article.
Before investing your money in an automated trading app, just know that 99% of people lose their money that way! Instead, educate yourself about day trading and only use a licensed broker, look here.
Is PrizmaPro a Legit Broker?
No, PrizmaPro is not licensed and not regulated by any E.U. financial regulator.
They are owned and operated by: Mainserver Ltd, which i a shelf company located at: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960, Marshall Islands. Contact phone number is an virtual number in Denmark: +45-78795496, and their email address is: [email protected]. Official website is at: https://prizmapro.com/.
The way that sophisticated investors research their online broker, is by checking for a valid brokerage firm license. And the reason for that, is in the event that the broker does not give you your money back, your money will be insured by the government regulator.
Scam Broker Investigator has reviewed more than 800 online brokers, and recommends you only use a licensed broker. In the United Kingdom, brokers must be registered with the FCA, and in Australia by the ASIC. There are many licensed Forex brokers who you can trade with, see here.
Smart investors always tryout a few Forex brokers with a demo account, before activating their live trading account.
Register a Free Demo Account, on their awesome trading platform, signup here.
What was your experience investing at PrizmaPro? Please share your experience with others, in the comments section below.