WARNING: Fidare Prime SCAM! Broker Reviews

The Mauritius Loophole

Fidare Prime operates out of Mauritius to exploit a specific jurisdictional gray area. By claiming to be regulated by the FSC Mauritius, often falsely or using a shell company, they attempt to convince Canadian victims that they are a legitimate international brokerage.

The reality is that this is a classic Fidare Scam. They use Voice over IP technology to spoof local Canadian phone numbers. When they call you, it appears as a local 514, 647, or 604 area code, making you believe you are speaking to a firm in Montreal, Toronto, or Vancouver.

When you answer, you are not speaking to a financial advisor. You are speaking to a professional closer whose only job is to secure that first deposit. Once you are in, a retention team takes over to drain your capital.

The AnyDesk Trap: How They Take Control

The most dangerous aspect of the Fidare Prime operation is their use of remote desktop software. They know that Canadian banks have strong security measures that often block suspicious transfers to crypto exchanges. To circumvent this, they trick you into giving them control of your computer.

1) The Technical Support Lie The broker will tell you that you need to set up a secure trading wallet or that your bank requires special verification to allow the deposit. They will ask you to download an app called AnyDesk, TeamViewer, or ScreenConnect. They claim this is simply to guide you through the complex setup process.

2) The Screen Takeover Once you provide the 9-digit connection code from the app, your screen may go black, or you will see the mouse moving on its own. The scammer is now controlling your PC. They will ask you to log in to your online banking. They claim they cannot see your password, but they often use keyloggers or simply watch you type it if they haven't hidden the screen.

3) The Coached Transfer While they control your mouse, they will guide you to send an Interac e-Transfer or a wire transfer. If the bank calls you to verify the transaction, the scammer, who is still on the phone with you, will mute their microphone and whisper exactly what you need to say to the bank teller to get the transaction approved. They will instruct you to say the funds are for home renovations or a gift to a friend to avoid triggering fraud alerts.

The Laundering Path: 10 Canadian Exchanges

Fidare Prime does not want your Canadian dollars directly because wire transfers leave a paper trail. They want cryptocurrency.

They will direct you to open an account with a legitimate, regulated Canadian crypto exchange. Because these exchanges are legal and trusted brands, you feel safe. You verify your ID, link your bank account, and buy Bitcoin or USDT.

Once the crypto is in your account, the broker uses the AnyDesk connection to copy and paste their wallet address into the Withdrawal field. You believe you are funding your trading account. In reality, you are irreversibly sending crypto to an anonymous wallet in Mauritius.

We have confirmed that agents frequently direct victims to use these 10 Canadian platforms:

1. Shakepay

2. Wealthsimple Crypto

3. Newton

4. Bitbuy

5. Ndax

6. Kraken Canada

7. Coinbase Canada

8. Netcoins

9. Coinsquare

10. VirgoCX

Note that these exchanges are legitimate businesses. The scammers are simply weaponizing them to convert your clean bank money into untraceable crypto.

Can You Recover The Money?

The numbers you see on the Fidare Prime Login dashboard are fake. They are just pixels on a screen designed to keep you depositing. However, the crypto transaction you made from Shakepay or Wealthsimple is real. It is recorded forever on the blockchain, which means it is possible to recover crypto assets if you act quickly.

This is how Recover Funds Canada helps. We do not negotiate with the scammers in Mauritius. Instead, we follow the money using advanced crypto recovery techniques.

1) Forensic Tracing We use professional blockchain tracking tools to follow the Bitcoin or USDT from the moment it left your Canadian exchange account. We watch it move through the scammer's mixing wallets until it hits a centralized exchange like Binance or OKX where they attempt to cash out.

2) Legal Freezing Once we identify where the assets are currently sitting, we work with our network of legal partners to issue preservation orders. We inform the exchange that they are holding stolen funds and proceeds of crime, demanding they freeze the account.

3) Bank Disputes If the scammers used AnyDesk to manipulate your banking session, we can sometimes build a case for unauthorized access or coercion, helping you file a sophisticated fraud claim with your bank.

Immediate Steps

If you are currently on the phone with Fidare Prime or trying to access the Fidare Login page, follow these steps immediately.

1. Hang up immediately.

2. Uninstall AnyDesk or TeamViewer from your computer.

3. Disconnect your computer from the internet to ensure they cannot reconnect.

4. Contact Recover Funds Canada for a forensic review of your case.

Do not send tax payments or withdrawal fees. These are secondary scams designed to steal the last of your money. If you want to recover crypto lost to this entity, you need professional assistance. Contact our crypto recovery services team today to start the real recovery process.

FidarePrime.com Scam

The Autorité des marchés financiers (AMF) has officially blacklisted Fidare Prime, also known as Fidare Global Ltd, for soliciting investors without registration. While they claim to be a regulated broker operating out of Mauritius, our investigation confirms this is a sophisticated Fidare Prime SCAM designed to target Canadian bank accounts.