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Farmax Prime

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Operating status: SCAM

Website: https://www.farmaxprime.com/

Broker violations and abnormal records
  • 2023-09-05 BrokersView has Reviewed that Farmax Prime is an Unregulated Broker

    Farmax Prime claims to be operated by Farmax Prime Limited and based in Australia. However,there is no matching information was found in the Austrlian Securities & Investment Commision (ASIC).

    The truth is that Farmax Prime is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. 

    Therefore, Farmax Prime is a scam.

    Farmax Prime claims to be operated by Farmax Prime Limited and based in Australia. However,there is no matching information was found in the Austrlian Securities & Investment Commision (ASIC).The truth is that Farmax Prime is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, Farmax Prime is a scam.
  • 2025-07-08 BrokersView has identified that Farmax Prime's website is currently offline

    BrokersView found that the domain "farmaxprime.com" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues. 

    BrokersView found that the domain "farmaxprime.com" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Related Complaints

Q&A

What is Farmax Prime?

Avi Aref Zaher
Sudan
2023-10-12
ANSWER Farmax Prime is an unregulated trading platform.Its website is of low quality and missing many important elements and information. It does not give a clear and detailed introduction of its products and services, nor does it disclose its company and regulatory information. It seems to be operating without a license. Farmax Prime only provides an email address for investors to reach them, which can be easily falsified and altered. If it shuts down or vanishes, its clients will not be able to get in touch with it and recover their money or seek compensation.Therefore, Farmax Prime has no regulation from any entity. Investing with this platform is very risky, as there are no legal safeguards to protect the funds. To mitigate risks of fraud and identity theft, we strongly suggest investors steer clear of unregulated brokers like Farmax Prime and instead choose a fully regulated one instead.
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2 comments

선주남
Farmaxprime 에서 사용하는ST5MAX 앱도 사기앱일 가능성이 큰가요?이 앱의 다운로드수가 계속증가하네요
2023-09-08
Reply
선주남
이들의 사업자는 영국에서 확인하였습니다.호주본사는 확인 않되네요.영국사업자번호 15043702정확한 조사 부탁드립니다
2023-09-07
Reply
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