FMA warns against nzglobaltrading.com

According to the FMA in New Zealand, the entity Infintix Limited and their website nzglobaltrading.com  is involved in a scam.

The website offers crypto currency trading, with unrealistically high returns, and claims a “zero chance of losing investments”.

The website is purporting to be a registered company in New Zealand, by using details of a legitimate New Zealand company - NZ Global Trading Company Limited (Company Number 1666186). FMA has confirmation that this company is not associated with the website nzglobaltrading.com.

Unauthorized Firm Details - Infintix Limited

Entity name: nzglobaltrading.com
Email address: nzglobaltrading.com
Address: Level 6, 121 Beach Road, Auckland, New Zealand
E-mail address: [email protected]
Telephone: +44 [email protected]
* the contact details are provided as stated on the website

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.