Reported as a scam / unregulated
Why Prize Capital is on the register
Prize Capital is not a reliable broker for traders even though it states offers that look good to be true. Prize Capital claims it has 10 years of international operations experience. However, when we checked its domain, we found it was created in 2020. So where are its 10 years of experience from? It is a red flag. Besides, Prize Capital claims to be based in the United States. As per the United States law, all firms and individuals offering, promoting, or selling financial services or products in the US have to be authorized or registered by the relevant financial regulator – the National Futures Association (NFA). However, we did not find any match results to Prize Capital in NFA. That means Prize Capital is not under valid regulation by any regulators. Investors’ funds in this broker are 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.