FMA Issues Warning Against Trading Platform InvestXE LLC

The New Zealand’s Financial Market Authority (FMA) today has issued a warning against an online trading platform InvestXE LLC. (InvestXE), for the concern that the firm is operating a scam in the country.

The financial watchdog stated that InvestXE representatives have made unsolicited contact with a New Zealand investor, offering unrealistically high and guaranteed returns for their financial services or products. The investor has been unable to withdraw the investment.

The indicated company is operating under the domain of https://investxe.com/, and is reaching out to investors using 4 e-mail addresses including cs@investxe.com, compliance@investxe.com, tradingdesk@investxe.com and analyst@investxe.com, and 2 phone numbers +44 750 300 3229; +85 230 186 918.

Additionally, InvestXE is not a registered financial service provider to deliver financial services or financial products in New Zealand, the FMA noted.