Market News

New Zealand’s FMA adds Ainvestments and Alliance Investment Limited to its warning list

Jan 22 2019
By Jonathan Smith , Find me on Google+

New Zealand’s Financial Markets Authority (FMA) added unregulated forex providers Ainvestments and Alliance Investment Limited to its list of suspected scam this week.

Ainvestments is allegedly owned and operated by ESOS International Ltd, a company registered offshore, on the Marshall Islands. It also claims to have a EU subsidiary in Prague, Czech Republic, Kadeky International S.R.O., however this company does not appear to be overseen by any financial regulator either.

In its official warning, the FMA stated that the registration and regulation information claimed on Ainvestments‘ website are false and misleading. Furthermore, the regulator warned that this broker could be involved in investment fraud scheme. Actually, the same are claiming all the people who commented on our review of Ainvestments.

As regards Alliance Investment Limited, it presents itself as a cryptocurrency investment company based and regulated in New Zealand. However, the broker is not regulated by the FMA. In fact, the latter stated that Alliance Investment Limited is falsely holding out as being associated with a legitimate company, and warned that it has the hallmarks of a scam.

Doing business with unregulated brokers always involves significant risk of losing your entire investment. So, we always advise traders to avoid dealing with such, and always check whether the company is properly licensed by the respective governmental agency. It is also a good idea to google the broker’s name to see whether there are any regulatory earnings against it, and to go through some professional and user reviews.

>> Looking for a broker licensed by the NZ’s FMA? <<

TAGS: FMA warning Ainvestments Alliance Investment Limited New Zealand scam

Broker	Advantages
	FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
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Broker	Country	Regulation	Platform	Min Deposit	Review
	Cyprus, UK, Mauritius	CySec, FCA, IFSC	MT4, MT5, Web	$10	Review Website
	Cyprus, Australia	CySec, ASIC	MT4, Web, Mobile app	$100	Review Website
	Australia, Cyprus	ASIC	MT4, MT5, IRESSTrader	$100	Review Website
	UK, Cyprus, Australia	FCA, CySec, ASIC	MT4, MT5	$5	Review Website
	UK, Australia	FCA, ASIC	MT4, Trading Station, NinjaTrader	$50	Review Website
	UK, Cyprus, UAE, South Africa	FCA, CySEC, DFSA, FSB	MT4, MT5, FxPro Markets, cTrader	$100	Review Website
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	UK	FCA	MT4, Web, MT4 for Mac	$100	Review Website
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