FMA in New Zealand warns against Cryptominingnz

TraderFex may be operating a scam. TraderFex is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents.

Details of the unauthorised firm

Entity name: TraderFex
Websites: http://www.traderfex.com/
Email: [email protected]
Phone: +61242630166, +442045485476
Address: First Flооr, First St. Vinсеnt Bank Ltd Building, James Stгееt, РO Вох 1574, Kingstown, VC0100, St. Vincent and the Grenadines

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.