Intelligence Prime Capital has a laundry checklist of purple flags, one in every of which is it ripping off AvaTrade’s web site and regulatory licenses.
To elucidate this away, traders declare Intelligence Prime Capital has white labeled AvaTrade’s companies.
The issue is there’s no proof of this partnership.
To resolve this, a BehindMLM reader reached out to AvaTrade for solutions.
In keeping with a February seventeenth e-mail from “the AvaTrade workforce”, there isn’t any partnership between AvaTrade and Intelligence Prime Capital.
Our firm isn’t a companion of Intelligence Prime Capital. We’ve got no relation to them.
I wish to stress that even when there was a partnership, that doesn’t allow Intelligence Prime Capital to applicable AvaTrade’s regulatory licenses.
Intelligence Prime Capital itself would nonetheless must register with monetary regulators, which they haven’t in any case. The corporate operates illegally worldwide.
In associated information, I’m conscious of Intelligence Prime Capital disabling investor accounts. For individuals who nonetheless have energetic accounts, day by day returns have been slashed within the final 24 hours.
Just a few days in the past Intelligence Prime Capital acknowledged withdrawal points. They blamed it on “MT4 server congestion”.
Even when we fake Intelligence Prime Capital isn’t a Ponzi scheme, blaming withdrawal points on a buying and selling server is mindless.
If anybody needs to ship in examples of account closures and/or withdrawal points for a comply with up, that’d be appreciated.
