It has come to the FMA's attention that the website, www.invest-az.com, is offering financial products and services, including offering trading in Forex, Futures, Options and Contracts for Difference (CFDs).
www.invest-az.com is not a registered financial service provider in New Zealand, nor licensed in New Zealand to offer trading in derivatives, including futures, options and CFDs.
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.