FMA in New Zealand warns against Quwiex

FMA warns against Quwiex

The FMA recommends exercising caution when dealing with Quwiex as the FMA in New Zealand is concerned that the website may be operating a scam.

The entity is providing financial services without being registered in New Zealand. They also making statements about the returns than an investor would receive from their financial services, however it appears to be false and misleading.

Unauthorized Firm Details

Entity name: Quwiex Limited
Email addresses: ceo@quwiex.com, support@quwiex.com
Address: 41 Shortland Street, Auckland Central, Auckland 1010, New Zealand
Website: www.quwiex.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.