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Page last updated: 08 September 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).

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Found 193 results. Displaying page 4 of 13

  1. 16 November 2021

    Saga Trade

    WARNING: We are concerned that Saga Trade may be operating a scam. We have received reports of investors being unable to withdraw their investments. Saga Trade is not a registered financial service provider in New Zealand, nor licensed in New Zealand to offer trading in derivatives, including CFDs.

  2. 11 November 2021

    Mido Finance Limited

    WARNING: Mido Finance Limited offers plans for investing in DeFi, NFT and cryptocurrency exchanges while offering daily profits from 0.7 to 4.3%, via its website. The website claims that the company is subject to regulation in New Zealand, but the company is not a registered financial service provider in New Zealand. This means that they cannot provide financial products or services to New Zealand residents.

  3. 8 November 2021

    www.invest-az.com

    WARNING: www.invest-az.com is not a registered financial service provider in New Zealand, nor licensed in New Zealand to offer trading in derivatives, including futures, options and CFDs. We recommend caution when dealing with this website.

  4. 5 November 2021

    Neptune Blocks

    WARNING: FMA are concerned that Neptune Blocks may be operating a scam. We have received reports of investors in the company being unable to withdraw their investments.

  5. 5 November 2021

    SG Consultancy

    WARNING: SG Consultancy is not a registered New Zealand company and is not registered or licensed to provide financial products or services to New Zealand residents. We recommend exercising caution when dealing with this entity.

  6. 2 November 2021

    CV Markets

    WARNING: CV Markets is not a registered entity, nor a registered financial service provider in New Zealand. As such, they are not registered to provide financial products or services to New Zealand residents.

  7. 29 October 2021

    Synergy Capital Asset Management

    WARNING: Synergy Capital Asset Management is not listed on the Financial Service Providers Register and is not an incorporated company in New Zealand.

  8. 13 October 2021

    Pacific Forex Asset Management

    WARNING: Pacific Forex Asset Management is not a registered financial service provider in New Zealand. We recommend exercising caution when dealing with this entity and the website.

  9. 4 October 2021

    Sterling Specialist

    WARNING: Sterling Specialist is not a New Zealand registered entity or licensed by the FMA. As such, we recommend exercising caution when dealing with this entity.

  10. 28 September 2021

    Cullman Mutual Capital

    WARNING: Cullman Mutual Capital is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents.

  11. 22 September 2021

    Mabel Investment Company

    Mabel Investment Company Limited is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents.

  12. 22 September 2021

    TraderFex

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

  13. 6 September 2021

    Bitcoin Code

    The returns published by Bitcoin Code in the article and website are unrealistically high and have not been substantiated. The operators of the websites are not registered financial service providers in New Zealand.

  14. 2 September 2021

    Gold Shore Marketing

    WARNING: Gold Shore Marketing is not a registered New Zealand company and is not registered to provide financial products or services to New Zealand residents.