New Zealand FMA has pointed out additional unregulated brokers and investment scams.
The FMA published warnings about the brokers WiseBanc and NewSolid. They offer Forex and CFD trading with different underlying assets.
Neither of these brokers is regulated anywhere in the world, moreover FMA thinks that NewSolid is a straight scam.
The regulator also warned about Bitcoin Revolution, which is an investment scam that promises big profits with cryptocurrencies. We have warned against it already a year ago.
And finally, the notorious scam OneCoin / OneLife made it to the FMA black list too. It promises profits with a fake cryptocurrency OneCoin.
For trading use regulated brokers.