Investor Alerts - Market Radar
| Company: | Market Radar |
| Regulator: | Financial Markets Authority |
| Jurisdiction: | New Zealand |
| Date: | 14 Jun 2023 |
| Link: | https://www.fma.govt.nz/library/warnings-and-alerts/market-radar-unreasonably-withholds-clients-funds/ |
| Subject: | Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.) |
| Comments: |
We are concerned the website marketsradar.io may be operating a scam. We received reports of people being unable to recover funds paid to the website. The entity offers trading in cryptocurrency, forex and CFDs via their website. However, Market Radar 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, nor do they hold a Derivatives Issuer Licence. We recommend exercising caution when dealing with this entity. Entity name: Market Radar Website: www.marketsradar.io Email: [email protected] |