Financial Markets Authority
Year 2011Regulated by Government
The Financial markets Authority (FMA) is a New Zealand government agency responsible for enforcing securities, financial reporting and company law as they apply to financial services and securities markets. The FMA also regulates securities exchanges, financial advisers and brokers, auditors, trustees and issuers - including issuers of KiwiSaver and superannuation schemes. It jointly oversees designated settlement systems in New Zealand, with the Reserve Bank of New Zealand (RBNZ). FMA is a member of New Zealand’s Council of Financial Regulators.
Disclose broker
Disclosure summary
- Disclosure matching Website matching
- Disclosure time 2023-03-28
- Reason for punishment The entity offers trading in products, such as cryptocurrency and Contracts for Difference (CFDs), via their website. Soltechx is not a registered financial service provider in New Zealand, nor licensed in New Zealand to offer trading in derivatives, including CFDs.
Disclosure details
Soltechx does not hold a Derivatives Issuer licence to provide CFD trading services
Soltechx does not hold a Derivatives Issuer licence to provide CFD trading services
We are concerned that Soltechx may be operating a scam. We have received reports of investors being unable to withdraw their investments.
The entity offers trading in products, such as cryptocurrency and Contracts for Difference (CFDs), via their website. Soltechx is not a registered financial service provider in New Zealand, nor licensed in New Zealand to offer trading in derivatives, including CFDs.
The regulatory body of Belgium, the FSMA, has published the website www.soltechx.com in their list of scammers and identified it as a fraudulent online trading platform.
We recommend caution when dealing with this website.
Website: www.soltechx.com
Address: First Floor St Vincent Bank Ltd Building, James Street, Kingstown.
Email: support@soltechx.email
Phone: +441312975921
Annex
More regulatory disclosure
Danger
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites 
Fusion Markets
MaximusFX
FRIEDBERG DIRECT
AMarkets
Panthera Trade
Cooper Markets
KLIMEX
MRG
VARIANSE
Race Option
TurboForex
Deriv
HFTrading
Swiss Markets
IronFX
SupraFX
Blue Suisse
BlackStone Futures
Global Prime
USG
WorldMarkets
ICM Brokers
DeltinFX
BLI Securities
FxFINANCE
FOREXEASYONLINETRADING
CryptoRocket
Warning
2023-04-20
Blocking 218 Website Domains, CoFTRA Reminds Investment Risks in Illegal Entities 
Xtreme Markets
Deriv
Nadex
Oxtrade
NordFX EU
AccuIndex
PO TRADE
Binarycent
VOBLAST
FXPRIMUS
InstaForex
HSB Forex Trade
FXVIEW
Fidelcrest
LegacyFX
FBS
MarketsVox
EVEREST
TriumphFX
Exclusive Markets
ForexVox
Danger
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites 
Proton Markets
RCPro
Alfa Success Corp
Kridex
Valutrades
FXB
ICE FX
Big Boss
Whittworth Investing
IFX Brokers
Aximtrade
FirewoodFX
Xtreme Markets
InstaForex
WSM FX
HXFX Global
CDO Markets
TopForex
LMFX
OBOFX
AAA Trade
MYFX Markets
LiteForex
AMA Forex
FUHUI FX LIMITED
World Forex
Tradesto