Eternity Prime Ltd. Review

Eternity Prime Ltd.

Investors Alert Eternity Prime Ltd. – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Introduction to Eternity Prime Ltd.:

Eternity Prime Ltd. is a forex and CFD broker that offers trading on various assets, such as currencies, commodities, indices, stocks, and cryptocurrencies. The broker claims to have a registered office in Vienna, Austria, and to be regulated by the FMA. The broker also claims to offer competitive spreads, fast execution, high leverage, and various account types and trading platforms.

Products and Services offered by Eternity Prime Ltd.:

Eternity Prime Ltd. offers four types of accounts: Basic, Silver, Gold, and Platinum. The minimum deposit for the Basic account is $250, while the maximum leverage is 1:200. The Silver account requires a minimum deposit of $1,000 and offers a leverage of 1:300. The Gold account requires a minimum deposit of $5,000 and offers a leverage of 1:400. The Platinum account requires a minimum deposit of $25,000 and offers a leverage of 1:500. All accounts have access to the MetaTrader 4 platform, web trader, mobile trader, and educational materials.

Financial institution & regulatory license of Eternity Prime Ltd.:

Eternity Prime Ltd. claims to be authorized and regulated by the FMA,  however, these claims are false and misleading. The FMA has issued a warning against Eternity Prime Ltd., stating that it is not entitled to carry out banking transactions or provide investment services in Austria. The FMA also warns that the broker may be involved in fraudulent or manipulative practices, such as insider dealing, market manipulation, misrepresentation of material information, etc.

Trader’s Reviews and Customer Service of Eternity Prime Ltd.:

The trader’s reviews and customer service of Eternity Prime Ltd. are mostly negative and unsatisfactory. Many traders have reported that they have been scammed by this broker, who refused to process their withdrawal requests, closed their accounts without notice, manipulated their trades, or pressured them to deposit more money. The customer service of Eternity Prime Ltd. is also unresponsive, rude, or unavailable. The broker does not provide any phone number or physical address on its website, only an email address that does not reply to complaints or queries.

How to Safeguard Against Fraudulent Brokers:

To safeguard against fraudulent brokers like Eternity Prime Ltd., traders should always do their due diligence before choosing a broker. They should check the regulatory status of the broker with the relevant authorities in their jurisdiction, such as the FMA in Austria or other reputable regulators like the FCA in the UK or ASIC in Australia. They should also read the terms and conditions of the broker carefully, especially regarding deposits, withdrawals, fees, bonuses, etc. They should also avoid brokers that offer unrealistic returns or guarantees, or that use aggressive marketing tactics or pressure tactics. They should also verify the reputation of the broker online by reading reviews from other traders or reputable sources.

Conclusion:

Eternity Prime Ltd. is a forex and CFD broker that claims to be regulated by the FMA in Austria but is a scam that engages in fraudulent or manipulative practices. The FMA has warned against this broker and advised traders not to deal with it. Traders should avoid this broker at all costs and choose a reliable and regulated broker instead.

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