New Zealand FMA warns against Chemmi Holdings Limited trading as MaxCFD and Binary Tilt

fma warns against unregulated company

The Financial Markets Authority (FMA) has just issued a warning to a suspected scam company called Chemmi Holdings Limited trading as MaxCFD and Binary Tilt.

Chemmi Holdings Limited

Website: AND
Address: MaxCFD: 20-22 Wenlock Road, London, England, N1 7GU, United Kingdom;
Binary Tilt: 2nd Floor, 1-2 Broadgate, Broadgate Circle, London EC2M 2QS United Kingdom

The FMA has received a report about unreasonable or unexplained withholding of client funds by Max CFD operated by Chemmi Holdings Ltd, (who also operates Binary Tilt).

Binary options broker BinaryTilt has received another warning last year from Canadian regulator BCSC.

The FMA recommended exercising caution before dealing with Chemmi Holdings Ltd as they have the characteristics of a scam.

The official warning can be seen here.

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