FMA in New Zealand warns against Wisefex

FMA in New Zealand warns against Wisefex. The New Zealand's regulator recommends exercising caution when dealing with wisefex.org Investment LTD (Wisefex) and www.wisefex.org (the website).

According to FMA, Wisefex is operating a scam through the website and their representatives or associates. The website falsely to offer cryptocurrency investment plans with guaranteed and unrealistically high returns  to investors.

Wisefex is not a registered financial service provider or subject to regulation in New Zealand.

Details of the Unauthorized Firm - Wisefex

Entity name: wisefex.org Investment LTD
Contact Numbers: +1(754) 432-5284Email addresses: [email protected]; [email protected]
Websites: www.wisefex.org
Other: Wallet ID: bc1q3jn3tz8wsm5cg2gnwc65wft6vlkxh499wn77xq

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.