Primedge Scam Warning: Unauthorised Forex Platform

Primedge is an unauthorised investment operation that entered our archive through a warning record issued by New Zealand's financial markets authority, the FMA. Although its name sounds like an international brokerage, it holds no permission record allowing it to serve Turkish investors.
🇳🇿 The FMA Record and Similar Names
The finding comes from a record based on a warning by the New Zealand authority and tracked through the IOSCO I-SCAN warning system. The Prime Edge FX daily return plan, which we covered earlier, is a different operation with a similar name; no link in domain or contact details was found between the two names.
📞 The Phone-Led Investment Scheme
In schemes of this kind the process usually runs in the order below, and every step is carried out by a team of "representatives" working in a call-centre set-upTR:
- A call from a foreign number by a "portfolio manager", with a proposal for a small first investment
- Trust is built by showing a foreign licence number
- Profits grow quickly on the dashboard, with pressure to invest a larger amount
- Delays when a withdrawal is requested, followed by a new payment condition
🔗 Other Platforms Using the Same Method
We have covered other operations that combine a licence claim with phone pressure:
- Zeniumec Global: a forex offer built on a licence claimTR
- Broker Merco Sul: a CFD platform showing a fake licence number
- Highland Trade Capital: an unauthorised platform that entered an official warning list
🧭 The Legal Process for Primedge
SPK Board Decision No. 8/297 of 24.02.2017 treats connecting persons resident in Türkiye with leveraged trading platforms abroad as unauthorised activity; authorised institutions appear in the SPK list of intermediary institutions. The route open to a victim is described in our article on the process for forex victims, and the foreign arbitration clause in the contract is explained under disputes with brokers abroad.
For detailed information and legal support, you can contact Savun Law & Consultancy.
❓ Frequently Asked Questions
Are Primedge and Prime Edge FX the same company?
Which authority's warning mentions Primedge?
Can a platform showing a foreign licence number operate in Türkiye?
I was a victim of Primedge. What should I do?

Questions & answers · Istanbul Bar Association 75235
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This page is an English adaptation of our Turkish article Primedge Yetkisiz Forex Yatırım Dolandırıcılığı.
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