FMA warns against audaxtrading.net

According to the FMA in New Zealand, the entity is falsely claiming to be a New Zealand incorporated company.

Octavus Trade Limited is not a financial services provider registered in New Zealand. The website contains a fake New Zealand certificate of incorporation and AMI insurance certificate. It claims to offer an unrealistically high return on investment.

Unauthorized Firm Details - Octavus Trade Limited

Entity name: Octavus Trade Limited (also known as Octavus Trade Solution)
Email: [email protected]
Website: octavus.trade
Facebook account: “Real Earnings24”

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.