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WikiFX Express

Financial Commission Issues Warning Against Octave Trade

New Zealand FMA Warns Against Imposter Website primefirmtrade.com

WikiFX

| 2022-09-14

Abstract：The New Zealand's Financial Markets Authority (FMA) are concerned that primefirmtrade.com is involved in a scam.

According to the regulator, 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,”FMA stated.

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

The fake website's information is as follows:

Entity name: PrimeFirm Trade

Website: primefirmtrade.com

Email: info@primefirmtrade.com

Associated entities: metasmarttrade.live; bitfidel.com

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Financial Commission Issues Warning Against Octave Trade

LONG ASIA News on Trading: Wrong NZ FMA Authorization Claims, Non-stop User Allegations

LONG ASIA, a Saint Vincent and the Grenadines-based forex broker, is repeatedly making headlines with users continuing to allege foul play in the trading activities. They keep making accusations of the broker denying their legitimate profits earned on the platform. Cases of withdrawal denials have reportedly taken precedence on broker review platforms such as WikiFX. Also, the New Zealand Financial Market Authority (FMA) has denied any authorization to LONG ASIA. This made the LONG ASIA review article pertinent for all those traders who expect to grow their portfolio through this brokerage entity. Read on

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FCA-Regulated Forex Brokers Are Declining — 31 Platforms to Avoid

As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.

Original 7h

Dbinvesting Exposed: Inside the Shocking Fund Scam Allegations Traders Can’t Ignore

Has Dbinvesting failed to honor your fund withdrawal requests? Did you notice that the broker remained fine when you were losing and turned worse as your numbers gained on the Dbinvesting login? Did the broker wipe out your profits and block your trading account? Many such allegations from users across India, the US and other regions have become headlines on broker review platforms such as WikiFX. To make it comprehensive, we have prepared an in-depth investigation report into user allegations, the company’s products and services, and, importantly, regulatory status, in this Dbinvesting review article.

Original Three days ago

Top 5 Reasons Why Rupee Slips Below 95 Twice in 2026

Times are tough for the rupee as it again slipped to 95 against the USD towards the end of April 2026 after some gains due to the RBI-led interventions early this month. The depreciation is largely attributable to surging crude oil prices. The prices climbed to their 3-year high over the US-Iran conflict. On April 30, 2026, the rupee opened at 95.02 mark against the USD, sliding 0.2% from its previous day’s ending at 94.84 against the greenback. As the day progressed, it slipped further to a new record low of 95.32 against the USD, beating the earlier fall of 95.22 in March 2026.

Original Three days ago

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WikiFX Express

Financial Commission Issues Warning Against Octave Trade

Why Using Leverage is Popular in Forex Trading

New Zealand FMA Warns Against Imposter Website primefirmtrade.com

Financial Commission Issues Warning Against Octave Trade

Why Using Leverage is Popular in Forex Trading

Further Reading

LONG ASIA News on Trading: Wrong NZ FMA Authorization Claims, Non-stop User Allegations

FCA-Regulated Forex Brokers Are Declining — 31 Platforms to Avoid

Dbinvesting Exposed: Inside the Shocking Fund Scam Allegations Traders Can’t Ignore

Top 5 Reasons Why Rupee Slips Below 95 Twice in 2026

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