Belfrics Prime is a liquidity provider established in Malaysia, primarily offering liquidity services for forex, precious metals, commodities, and stocks to investors. The official website of Belfrics Prime is https://belfricsprime.com/, and the website supports only the English language. According to information from a Whois query, the company's official website domain was registered on February 13, 2023, which is less than one year ago.
Company Background
Belfrics Prime's official website claims to be registered in Malaysia. However, information from a query with the Companies Commission of Malaysia (SSM) did not yield any registration information related to Belfrics Prime. Additionally, information from a Whois query indicates that the Belfrics Prime website domain was registered less than one year ago.
Account Registration
The Belfrics Prime official website does not provide registration links for live accounts or demo accounts.
Account Types
Belfrics Prime's official website does not provide information about account types.
Liquidity Services
Belfrics Prime provides liquidity services for forex, precious metals, commodities, and stocks to investors.
Trading Software
Belfrics Prime uses the Metatrader 5 (MT5) trading software to offer liquidity services for forex, precious metals, commodities, and stocks to investors.
Regulatory Information
The Belfrics Prime official website indicates that they are regulated by the Labuan Financial Services Authority (Labuan FSA) and the Australian Securities and Investments Commission (ASIC). However, Labuan FSA inquiries show suspicions of the company having a fraudulent entity named Belfrics International Limited, and ASIC's results show no regulatory information for the company.
Summary
Belfrics Prime is suspected of false advertising. Firstly, the Companies Commission of Malaysia (SSM) did not find any registration information related to the company. Secondly, while the company claims to be regulated by Labuan FSA and ASIC, Labuan FSA inquiries show suspicions of the company having a fraudulent entity named Belfrics International Limited, and ASIC's inquiries show no regulatory information for the company. Thirdly, the company's official website domain was registered on February 13, 2023, which is less than one year ago. Based on this information, there are suspicions of fraud associated with Belfrics Prime, and investors should exercise caution when considering their services. Traderknows reminds you to be vigilant about your financial security and avoid falling into fraudulent schemes.
