TR

Primedge Scam Warning: Unauthorised Forex Platform

Savun Law & Consultancy · Updated 12 November 2026

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.

In short: Primedge is not authorised in Türkiye by the Capital Markets Board (SPK). Schemes of this kind work through claims of a foreign licence and phone calls from an "investment expert"; claiming the money sent back is legally possible.

🇳🇿 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:

🧭 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?

No. Prime Edge FX is a separate operation selling daily return plans; no shared domain or contact details were found between it and Primedge.

Which authority's warning mentions Primedge?

Primedge appears in a warning record originating from New Zealand's financial markets authority, the FMA.

Can a platform showing a foreign licence number operate in Türkiye?

No. In Türkiye, forex and leveraged trading services can only be offered with SPK permission; a foreign licence claim does not replace that permission.

I was a victim of Primedge. What should I do?

For detailed information and legal support, you can contact Savun Law & Consultancy.

3 attorneys registered with the Istanbul Bar Association · verifyGoogle 4.8 ★ · 123+ reviews · seeOffice in Istanbul · English-speaking team · about us
Attorney Veli Savun

Questions & answers · Istanbul Bar Association 75235

Lost money to this platform? Ask our lawyer.

Write your question and Attorney Veli Savun will answer it on this page. You do not need to give your name.

Example questions — tap one and adapt it to your situation:

About your personal data

Savun Law & Consultancy processes your question or comment in order to publish and answer it. If you tick the contact box, your phone number is used only to contact you (Turkish Personal Data Protection Law No. 6698, Art. 5/2-c and f). Your nickname and text are published; your phone number, IP address and the uncleaned version of your text are not. Contact records are deleted within 12 months at the latest. You may exercise your rights under Art. 11 by contacting our office.

Answers are general information only; they do not create a lawyer–client relationship and are not legal advice on your specific case. All questions & answers →

This page is an English adaptation of our Turkish article Primedge Yetkisiz Forex Yatırım Dolandırıcılığı.

More from Forex & CFD Broker Scams

All articles in this section →

WhatsApp