Abstract:Prime Zone, a trading name of Prime Zone Foreign Markets Commodity Contracts Brokerage L.L.C, is allegedly an unregulated forex broker registered in the United Arab Emirates. Unluckily, other more detailed information about this broker is not available on the Internet.
Note: Since Prime Zones official site (https://www.fxprimez.com/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.
General Information & Regulation
Prime Zone, a trading name of Prime Zone Foreign Markets Commodity Contracts Brokerage L.L.C, is allegedly an unregulated forex broker registered in the United Arab Emirates. Unluckily, other more detailed information about this broker is not available on the Internet.
Market Instruments
We didnt find any specific information about trading financial instruments provided by Prime Zone on the Internet. However, from the name (Prime Zone Foreign Markets Commodity Contracts Brokerage L.L.C) of the broker, we can easily understand that it may offer forex, CFDs and commodities trading.
Customer Support
Prime Zone‘s customer support can be reached by telephone: +971 4 581 3100, email: info@fxprimez.com. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.
Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.
Doo Financial, a subsidiary of Singapore-based Doo Group, has expanded its regulatory footprint by securing new offshore licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
A new programme has been launched by CFI to address the growing need for transparency and awareness in online trading. Named “Trading Transparency+: Empowering Awareness and Clarity in Trading,” the initiative seeks to combat misinformation and equip individuals with resources to evaluate whether trading aligns with their financial goals and circumstances.
The Royal Malaysia Police (PDRM) has received 26 reports concerning the Nicshare and CommonApps investment schemes, both linked to a major fraudulent syndicate led by a Malaysian citizen. The syndicate’s activities came to light following the arrest of its leader by Thai authorities on 16 December.