Abstract:FMA is concerned that EcoMarkets may be operating a scam
FMA is concerned that EcoMarkets may be operating a scam, for the following reasons:
EcoMarkets is not registered in New Zealand, nor listed on the Financial Service Providers Register (FSPR).
Investors are unable to withdraw funds, after repeated requests.
EcoMarkets provide a link to a web-based platform, where the representative of EcoMarkets show investors how to trade, through phone or zoom calls.
Complainants have found fictitious amounts and profits being displayed on the platform.
EcoMarkets discourage investors paying with their MasterCard or Visa card - these card providers allow chargebacks within 540 days from transactions.
EcoMarkets caught the attention of complainants through their advertisements on social media platforms, such as Facebook.
FMA recommend exercising caution if dealing with this entity or their representatives James Martin and Adam Green.
Entity name & website: EcoMarkets; EcoMarkets.com
Email: support@ecomarkets.com
Address: Overschiestraat 65, 1062 XD Amsterdam, Netherlands
Phone: International +31 0102005641, Australia 0272538449, United Kingdom 01615271075
T4Trade, established in 2021 and regulated by the FSA in the Seychelles, allows trading on a modest portfolio of over 300 instruments, spanning forex, metals, indices, commodities, futures, and shares, all accessible via the popular MetaTrader 4 and their proprietary WebTrader platforms. Notably, T4Trade offers a zero-commissions pricing model where both floating and fixed spreads are offered on its MetaTrader—flexible leverage up to 1000:1 to increase trading flexibility. T4Trade also introduces a copy trading service called “TradeCopier”, which enables traders who lack experience or time to join in the markets by copying the trades of seasoned professionals.
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This article evaluates the broker from multiple dimensions, including a basic introduction, fees, safety, account opening, and trading platforms.
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