FMA in New Zealand warns against Capital Cycles

FMA warns against Capital Cycles

FMA is concerned that Capital Cycles (https://capitalcycleslimited.com) may be operating a scam, for the following reasons:

• The company registration details of a New Zealand company, Capital Cycles Limited (NZBN: 9429036155132), is noted on the website.Capital Cycles Limited have confirmed that they are not associated with the website.
• The nature of business for Capital Cycles Limited and the aforementioned website are completely different.
• The website falsely claims that it is “legally registered with the New Zealand Securities & Investment company with NZ:1271353”.

Details of the Unregistered Firm - Capital Cycles

Website: www.capitalcycleslimited.com
Email: support@capitalcycleslimited.com

How To Protect Yourself From Scams 

Brokerswatch recommends investing only with brokers that are regulated by reputable authority.

Reputable regulatory authority provides additional protection to investors by ensuring that financial firms apply proper standards and rules. Additionally, if the broker tries to cheat you out of your money, it is the regulator’s job to force the financial firm to compensate you for any wrongdoing.