WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致，是否切换？
切换
Global Broker Regulation & Inquiry App
Financial Markets Authority
Year 2011Regulated by Government
The Financial markets Authority (FMA) is a New Zealand government agency responsible for enforcing securities, financial reporting and company law as they apply to financial services and securities markets. The FMA also regulates securities exchanges, financial advisers and brokers, auditors, trustees and issuers - including issuers of KiwiSaver and superannuation schemes. It jointly oversees designated settlement systems in New Zealand, with the Reserve Bank of New Zealand (RBNZ). FMA is a member of New Zealand’s Council of Financial Regulators.
Disclose broker
Disclosure summary
- Disclosure matching Name matching
- Disclosure time 2022-12-12
- Reason for punishment Bay Exchange is not a registered on the Financial Service Providers Register to provide their services in New Zealand.
Disclosure details
Bay Exchange is not registered to provide financial services in New Zealand
12 December 2022
Bay Exchange is not registered to provide financial services in New Zealand
We are concerned that Bay Exchange is providing financial services to New Zealand residents without complying with the New Zealand financial markets legislation. Bay Exchange is not a registered on the Financial Service Providers Register to provide their services in New Zealand.
We are aware that a New Zealand resident has been unable to access their Bay Exchange trading account after a payment has been made to them. The person is no longer able to contact their account manager and broker at Bay Exchange.
We recommend that investors exercise caution when dealing with Bay Exchange.
Entity name: Bay Exchange
Contact number: +61 2907 12925
Address: 1 Batholomew Lane, London, EC2N 2AX, UK
Email address: support@bayexchange.com; michael.harris@bayexchange.com; Alistair.moore@bayexchange.com
Website: https://bayexchange.com/
Annex
More regulatory disclosure
Danger
2022-01-01
INVESTOR ALERT LIST 
WeTrade
Danger
2023-05-11
Danger
2022-01-01
INVESTOR ALERT LIST 
360TradeHub