New Zealand FMA Warns Against Imposter Website primefirmtrade.com

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

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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