PrimeJaxTrade.com surfaced in May 2025 claiming to be a Bahamas-licensed broker offering forex, commodities, indices, and cryptocurrency CFDs. The site featured professional branding, market insights, and touted SCB oversight. In reality, the Securities Commission of The Bahamas (SCB) has confirmed PrimeJaxTrade.com operates without permission. Clients who deposit funds see credited accounts and active profit dashboards, but withdrawal attempts trigger hidden “compliance” and “processing” fees. Support vanishes, and the domain is taken offline—leaving investors unable to reclaim their money. Recoverly Ltd is a global fund recovery firm specializing in reclaiming assets lost to unauthorized brokers like PrimeJaxTrade.com through forensic tracing, institutional liaison, and legal action.

About PrimeJaxTrade.com
Victims report completing minimal KYC checks—submitting passports and utility bills—that foster a false sense of legitimacy. The platform then displays consistent gains disconnected from actual market data. Despite SCB logos and “approved in The Bahamas” statements, no valid registration exists, leaving client deposits entirely unprotected.

How PrimeJaxTrade.com Scams Victims

• False SCB Claims: The website displays SCB seals without any listing on the SCB register.

• Fabricated Profit Dashboards: Server-generated charts show steady returns irrespective of market volatility, reinforced by scripted notifications.

• Hidden Withdrawal Fees: Withdrawal requests trigger sudden “audit,” “processing,” and “tax” fees not disclosed at signup.

• Escalating Charges: Each withdrawal attempt demands higher fees, often exceeding the requested amount and forcing additional deposits.

• Support Disappearance & Domain Exit: After fees are paid, all support channels go silent, the domain expires or redirects, and client funds vanish.

Warning Signs to Watch For

• Unverified Regulator Logos: Always verify any claimed SCB authorization directly on the SCB website.

• Guaranteed or Consistent Returns: No legitimate broker can promise fixed gains regardless of market conditions.

• Opaque Fee Structures: Any fees introduced only at withdrawal indicate fraudulent intent.

• High-Pressure Upselling: Frequent prompts to upgrade or add funds are classic scam tactics.

• Disappearing Support: Responsive service that vanishes once deposits grow is a hallmark of exit scams.

Immediate Steps with Recoverly Ltd

• Evidence Gathering: Secure all emails, chat logs, screenshots of dashboards, transaction IDs, and transfer receipts.

• Submit Your Case: Visit recoverlyltd.com/contact and provide comprehensive details of your PrimeJaxTrade.com deposits, withdrawal attempts, and communications.

• Forensic Tracing: Our experts deploy TRM Labs, CipherTrace, and SWIFT Tracker to map every cryptocurrency and fiat transaction through mixers, bridges, exchanges, and banks.

• Institutional Liaison & Preservation: We engage regulated exchanges and correspondent banks with formal preservation requests to freeze or recall misappropriated assets.

• Legal Demand & Action: We draft demand letters backed by detailed forensic evidence and file civil suits or asset-seizure petitions in jurisdictions where operators or assets reside.

• Negotiation & Settlement: We negotiate with intermediaries for voluntary restitution; fees apply only upon successful recovery.

Next Steps for Victims

1. Compile all PrimeJaxTrade.com documentation—screenshots, communications, and transaction records—into one secure folder.

2. Go to recoverlyltd.com/contact to submit your case details securely.

3. A Recoverly Ltd specialist will contact you within 24 hours with a personalized recovery plan to reclaim your assets.

Recoverly Ltd stands ready to restore your financial security and hold PrimeJaxTrade.com accountable. Act now to reclaim your funds.