FMA in New Zealand is concerned that InvestXE has the hallmarks of a scam.
The FMA recommends exercising caution before dealing with InvestXE LLC. (InvestXE) and https://investxe.com/ (the website). InvestXE is offering financial services or products to New Zealand investors without complying with New Zealand law, and we believe it is operating a scam.
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.