Priority Trading Review: Beware of priority-trading.net

 
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Priority Trading is an offshore and unregulated broker operating from an infamous St Vincent and the Grenadines address.

Priority Trading is actually sharing their address with pioneer-markets.net (owned by this broker) and capitalxtend.com (which is also another scam).

Through the priority-trading.net website, the broker claims to offer a chance for traders to “connect with the global capital markets”.

Furthermore, they fool their clients that the company is focused on “building trust” and seeing things through the eyes of their clients.

Today we will give you all the reasons as to why you shouldn’t trade with priority-trading.net broker.

Priority Trading Review

The address which this broker uses communicates a lot about them and their intentions.

This address is shared with dozens of other CFDs brokers which are the subject of complaints from consumers.

Brokers like EpsilonFX, Current Coins, LeverageFX and many others (the list is long) are scamming people from this premise.

Priority Trading is just the latest addition into that list.

The broker offers a CFDs trading platform with education, technical analysis, signals and account manager. The broker has not differentiated itself from the others in terms of features and other “advantages”.

These offshore brokers appear to offer the very same thing across the board.

As usual, these brokers are not keen in disclosing details of their company or ownership information.

This is why priority-trading.net has no company information and their about us section of the website is as vague as it can get.

In fact, the whole website is full of marketing fluff.

Here are reasons why priority-trading.net is just another scam

In summary, we can say that this broker cannot be trusted because your funds won’t be safe in their hands.

No one is willing to transfer funds to some offshore broker in a very far away island. They won’t keep your money in segregated accounts and the financial regulators in those regions won’t put any serious demands on them either.

Here are our reasons why we don’t recommend priority-trading.net:

1)Priority Trading is not a licensed broker (no valid business registration or broker’s license).

2)This broker does not have a track record and so they cannot be trusted.

3)The broker is promoting their brand through misleading advertisement.

4)Priority-trading.net is a very new website.

5)Trade insurance and savings account offered by Priority Trading is a scam

What it means to trade with Priority Trading

The risk of losing your funds is too high because this is an offshore CFDs broker that are known to trade against their clients.

They will always hunt your stops and widen the spreads at certain hours to deliberately make you lose your trades.

The risk of refusing with your funds is also very high. Such a broker will not let go of your funds very easily since they are a rogue enterprise.

Their choice of business address is very suspicious. Also, a broker who is not able to afford a .com address is definitely not going to provide you with a level of service that is at par with industry standards.

Conclusion of this broker review

A broker who is not compliant with industry rules and regulations is a dangerous broker for your trading.

We have also not seen any client reviews to verify the claims of this broker.

They pretend that they’re going to take good care of you but the truth is that they’ll give you a hellish trading experience.

We advise that you steer clear of this broker.

If you have had a bad experience with this company, share it with other readers in the comment section.

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