New Zealand’s Financial Markets Authority (FMA) has earlier today included one more company in its list of “Businesses to be wary of”.
The latest addition to the list is Fidelis International Trading Limited, a company that offers a raft of investment services, including CFD and Forex trading. The company, operating from https://www.fidelisinternationaltrading.com/en/, purports to have an address in New Zealand.
The New Zealand regulator notes that it has received complaints from overseas-based customers of Fidelis International Trading Limited about Fidelis’ failure to repay clients in accordance with their instructions.
The FMA adds that Fidelis International Trading Limited is not registered to provide financial services in New Zealand.
The “Businesses to be wary of” list includes the names of companies that have either not responded, or not provided a satisfactory response to a request by the FMA for information about a complaint. The regulator strongly recommends that investors do not invest money through any of the companies featured on the list.
You can view the FMA’s list of “Businesses to be wary of” by clicking here.