Page last updated: 01 February 2023

Unregistered businesses

This list contains the names of businesses or individuals that are not registered as a financial service provider on the Financial Service Providers Register (FSPR) in New Zealand but may be in the business of providing financial services. An individual or entity that is in the business of providing a financial service to clients in New Zealand should be registered on the FSPR for that service. Not being registered on the FSPR may mean they are not complying with the requirements of New Zealand legislation.

The list is not exhaustive. Prior to engaging, we recommend checking that the Advisor is registered on the Financial Service Providers Register (FSPR).

Search Results

Found 177 results. Displaying page 4 of 12

30 June 2021

Ventera Group

Ventera Group does not hold a Derivative Issuer License and is not a registered financial service provider in New Zealand or licensed by the FMA. As such, they are not permitted to offer derivative trading services to New Zealand retail customers.

https://www.fma.govt.nz/library/unregistered-businesses/ventera-group/
24 June 2021

Standard Coin Options Group Ltd and Standard Coin Options Overseas Ltd

Standard Coin Options Brokers is not a registered financial service provider in New Zealand and is therefore not authorised to provide financial services or products to New Zealand residents.

https://www.fma.govt.nz/library/unregistered-businesses/standard-coin/
27 May 2021

Reliance Trading Co Limited

Reliance Trading Co Limited is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents.

https://www.fma.govt.nz/library/unregistered-businesses/reliance-trading-co-limited/
26 May 2021

Charrington Pacific Group

Charrington Pacific Group is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents. We recommend exercising caution when dealing with this entity.

https://www.fma.govt.nz/library/unregistered-businesses/charrington-pacific-group/
6 May 2021

TopMarketCap

We are concerned that TopMarketCap does not hold a Derivative Issuer License and is not a registered financial service provider in New Zealand or licensed by the FMA.

https://www.fma.govt.nz/library/unregistered-businesses/topmarketcap/
13 April 2021

Aotearoa Green Sustainable Co-Op (AGSO)

Warning about Aotearoa Green Sustainable Co-Op (AGSO). We are concerned that AGSO is likely to be offering financial services and/or products to New Zealand residents without being appropriately registered on the Financial Service Providers Register to do so.

https://www.fma.govt.nz/library/unregistered-businesses/agso/
12 March 2021

Cornucopia

Cornucopia is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents.

https://www.fma.govt.nz/library/unregistered-businesses/cornucopia/
2 March 2021

Crypto Currency Trading Group

We are concerned that Crypto Currency Trading Group is actively seeking to provide financial services to NZ retail investors but is not registered on the Financial Service Providers Register (FSPR) as a financial service provider and is not a member of an approved Dispute Resolution Scheme, as required by the Financial Service Providers (Registration and Dispute Resolution) Act 2008 (FSP Act).

https://www.fma.govt.nz/library/unregistered-businesses/crypto-currency-trading-group/
16 February 2021

FourtryFinancial

FourtryFinancial is not a registered financial service provider in New Zealand and is therefore not authorised to offer financial services or products to New Zealand residents.

https://www.fma.govt.nz/library/unregistered-businesses/fourtryfinancial/
23 December 2020

Innovative Hedging Strategies

Innovative Hedging Strategies is offering financial services to New Zealand residents but is not registered as a Financial Service Provider in New Zealand.

https://www.fma.govt.nz/library/unregistered-businesses/innovative-hedging-strategies/
14 December 2020

Individuals purporting to be from Essence Securities Co., Ltd.

Essence Securities Co., Ltd. are not registered financial service providers in New Zealand or licensed by the FMA.

https://www.fma.govt.nz/library/unregistered-businesses/essence-securities-ltd/
24 November 2020

Endeavor Capital Partners

Endeavor Capital Partners is not registered to provide financial services in New Zealand.

https://www.fma.govt.nz/library/unregistered-businesses/endeavor-capital-partners/
23 November 2020

Absolute Global Marketing

The FMA recommends exercising caution before dealing with Absolute Global Marketing and their website, www.agmarkets.co. Absolute Global Marketing is not registered on the FSPR and is not an incorporated company in New Zealand.

https://www.fma.govt.nz/library/unregistered-businesses/absolute-global-marketing/
23 November 2020

Axes LLC

Axes LLC is not a registered financial service provider and is unable to offer financial services/products to New Zealand residents.

https://www.fma.govt.nz/library/unregistered-businesses/axes-llc/
21 October 2020

BND Traders and DMAX

https://www.bndtraders.com/ and https://www.dmaxinvestments.com/services-real-estate/ are not registered financial service providers in New Zealand or licensed by the FMA.

https://www.fma.govt.nz/library/unregistered-businesses/bnd-traders-and-dmax/