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
Danger Unauthorized
Disclosure summary
  • Disclosure matching Website matching
  • Disclosure time 2024-09-09
  • Reason for punishment The websites both offer an online cryptocurrency and foreign exchange trading platform, but they are not licensed to provide these services in New Zealand, as they are not registered on the Financial Service Providers Register (FSPR).
Disclosure details

Westfffx.com, Westfiledfx.com – Imposter websites

09 September 2024 Westfffx.com, Westfiledfx.com – Imposter websites SHARE THIS We recommend exercising caution when dealing with westfffx.com and westfiledfx.com. These websites claim to be associated with New Zealand companies (westfiledfx.com claims to be associated with Xnova Broker Limited, and westfffx.com claims to be associated with Westfield Premier Solutions Limited). Xnova Broker Limited and Westfield Premier Solutions Limited have confirmed they have no association with these websites, and that the companies’ names and registration details are being used without consent. The websites both offer an online cryptocurrency and foreign exchange trading platform, but they are not licensed to provide these services in New Zealand, as they are not registered on the Financial Service Providers Register (FSPR). ENTITY NAME: Westfffx.com, Westfiledfx.com ADDRESS: (Alleged) 13D Aldersgate Road, Hillsborough, Auckland EMAIL ADDRESSES: support@westfxtrader.com, info@westfiledfx.com WEBSITES: Westfffx.com, Westfiledfx.com
Annex
More regulatory disclosure

Danger

2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
CCC
NSFX
Tifia
GMO-Z.com
GAINSCOPE
Swissquote
Fortrade
CLMarkets
GICM
FXVIEW
FOREX TRADING PRO
SPREAD CO
EVERFX
Alpari
Tasman FX
AMARKETS
Fidelis CM
ICM.com
LMAX GROUP
leo
FXTM
Global Premier
Darwinex
QUOTEX
Charterprime

Danger

2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
INGOT
octa
Sunton Capital
JB Markets
BR Stone
Larson&Holz
Turnkey Forex
deriv
York Markets
TRB
LonghornFX
RubyMarkets
Prospero
Quotex
QUOTEX
JFD Bank
4XC
LEGO MARKET LLC
Salma Markets
Unicorn Brokers
gt.io
Solidary Markets
uTrader
FXDD
247Profitable FXTrading
Globalanalytics
CF Markets

Danger

2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
VZN FOREX
SANDWIND GLOBAL
trade245
Topic Markets
InvestLite
Fake FXCM
DeltaMarket
CRYPTO ALTUM
ZERO
XTB
BitForex
StarfishFX
FXCE
UNICORNFX
FXOpen
Invest Markets
Vantage
NETRADEFX PRO
GSI Markets
Fake AMARKETS
FxCitizen
FOREX.EE
PomeloFX
eXcentral
ActivTrades
Alfa Success Corp
XBTFX

Check whenever you want

Download App for complete information