High Risk
Reported as a scam / unregulated
SF-705500registry entry
Why Prime Whale is on the register
Prime Whale claims it is a reliable broker with registration in the St. Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number: 606 LLC 2020. However, we did not find any match results to the company name and the registration number in SVG FSA. Besides, SVG FSA does neither issue any license for forex trading nor regulate any forex activities. That means Prime Whale has neither registration nor regulation by any regulators. Investors’ money in this broker is unsafe and cannot be protected by any law. Therefore, it is 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.