FMA in New Zealand warns against Finanex Limited

FMA warns against Finanex Limited

The FMA warns that Finanex Limited is providing a platform for investors to trade cryptocurrencies.

Finanex Limited falsely claims to be an authorized firm in New Zealand. However, is not a registered financial sercice provider.

The firm is also makes statements about the returns on investment from their financial services which appears to be false, misleading and/or unsubstantiated.

FMA is concerned that Finanex Limited is operating a scam and recommends caution when dealing with them and their website.

Unauthorized Firm Details

Entity name: Finanex Limited
Email: support@finanex.net
Phone number: +64 9 888 4303
Website: www.finanex.net

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.