New Zealand FMA adds Trade99 to its warning list

fma warns against unregulated company

Trade99 appeared yesterday on the New Zealand Financial Markets Authority (FMA) list of alerts and warnings.

According to regulator, Trade99 and the website are not listed on the FSPR. The company is not an incorporated firm in New Zealand.

Individuals from Trade99 have been contacting New Zealand residents with investment offers, withholding client funds and has the hallmarks of a scam.

More recent news from the regulator can be seen below:

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