Home -

Brokers -

Main body -

WikiFX Express

FMA warns primeFirm Trade unreasonably withholding investor funds

PrimeFirmTrade | 2022-03-04 11:39

Abstract：FMA are concerned that primeFirm Trade is involved in a scam.

FMA are concerned that primeFirm Trade is involved in a scam.

The entity is withholding client funds unreasonably. Clients are required to make a large sum payment for a “withdrawal code” to withdraw funds from their trading accounts.

There is information that suggests a connection between their website and two other websites - metasmarttrade.live and bitfidel.com. We have reasons to believe that the testimonials on all three websites are fake and made by fictitious individuals.

We believe the business address 20 Richardson Drive, Saint Petersburg, FL33710 listed on their website is not the address of the entity.

Entity name: PrimeFirm Trade

Website: primefirmtrade.com

Email: info@primefirmtrade.com

Associated entities: metasmarttrade.live; bitfidel.com

Broker Dealer Forex Broker forex beginners

Related broker

No Regulation

PrimeFirmTrade

Company name：PrimeFirmTrade

Score

1.46

Website：https://primefirmtrade.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.46

Cabana Capital Review: Traders Report Withdrawal Issues & Account Blocks

Cabana Capital, a Saint Vincent and the Grenadines-based forex broker, has grabbed headlines for negative reasons. These include numerous complaints traders have made over withdrawal denials/delays and account blocks upon repeated attempts to contact the broker. These alleged trading activities have inevitably frustrated traders who have rightly criticized the broker online. In this Cabana Capital review article, we have mentioned a growing list of complaints against the forex broker. Keep reading!

Original 2026-01-27 21:35

GLOBAL GOLD & CURRENCY CORPORATION Exposure: User Complaints on Heavy Slippage & Spreads

Did you face massive slippage on the GLOBAL GOLD & CURRENCY CORPORATION trading platform and the subsequent reduction in profits? Did the broker apply a stop-loss when you were in profit? Does the high spread only add to your trading losses? Has the broker blocked your trading account and run away with your funds? You are not alone! Many traders have highlighted their painful trading experiences with the Saint Lucia-based forex broker. In this GLOBAL GOLD & CURRENCY CORPORATION review article, we have explained some of them. Read on!

Original 2026-01-27 20:32

Vida Markets Review: Are Traders Facing Fund Scams & Heavy Price Manipulation?

Have you witnessed illegitimate profit cancellation by Vida Markets, an Anguilla-based forex broker? Did you encounter trading losses due to inappropriate automatic stops by the broker? Were your trades closed minutes after the price changed in your favor? Did your forex trading account get blocked despite submitting the required KYC documents? Failed to get your deposit reflected in your account? These are more than just issues; they are alleged forex scams that have hit many traders. Some of them have highlighted these bad experiences while sharing the Vida Markets review. In this article, we have shared some of them. Keep reading!

Original 2026-01-27 19:24

LTI Legitimacy Check: Is This a Fake Broker or a Legitimate Trading Partner?

If you're wondering "Is LTI legit?" or worried about a possible "LTI scam," you're asking smart questions. Being careful is the most important skill a trader can have. To save your time, we will give you our answer right away: after carefully checking its legal status, company information, and how it operates, London Trading Index (LTI) shows serious warning signs that any potential trader needs to know about. The dangers are real and well-documented. This article won't be based on opinions. We'll show you the proof step by step, focusing on facts you can check yourself. We'll examine official warnings, look at the broker's information, and study its trading rules. By the end, you'll have a clear picture based on evidence, helping you make a smart and safe choice for your capital.

Original 2026-01-27 19:13