Reported as a scam / unregulated
Why Core Prime is on the register
Although Core Prime claims to be highly regulated, it fails to hold any major regulatory credentials. The only relevant information we could find is that Core Prime claims to be registered and regulated by the Saint Lucia International Financial Centre (IFC). The company’s name is indeed registered with the Saint Lucia IFC as an IBC company. However, the Saint Lucia IFC is an offshore jurisdiction that does not licence forex trading, meaning the company is effectively unregulated and poses a significant risk to investors. Therefore, Brokersview has identified it as a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.