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 Website matching
- Disclosure time 2024-08-22
- Reason for punishment Express Trade Market and its associated websites have the hallmarks of a scam, in particular they: unreasonably withhold client funds; charge unreasonably large fees and taxes; misuse the registration details of a New Zealand company, Minted Holdings Newtown Limited (NZBN: 9429032552996), that is not associated with them; and display suspected false client testimonials on their website(s).
Disclosure details
Express Trade Market – Suspected scam, unreasonably withholding client funds
22 August 2024
Express Trade Market – Suspected scam, unreasonably withholding client funds
SHARE THIS
Express Trade Market and its associated websites have the hallmarks of a scam, in particular they:
unreasonably withhold client funds;
charge unreasonably large fees and taxes;
misuse the registration details of a New Zealand company, Minted Holdings Newtown Limited (NZBN: 9429032552996), that is not associated with them; and
display suspected false client testimonials on their website(s).
We are aware of an investor who has invested with Express Trade Market after meeting a person on social media. They required the investor to pay unreasonably large fees and taxes before they would process withdrawal requests. Even after the fees and taxes were paid, no funds were released.
We recommend caution when dealing with Express Trade Market and its associated websites.
Website: expresstrademarket.com
Associated website: mitedsavvy.live
Emails: support@expresstrademarket.com; info@mitedsavvy.live
Telephone: +(386) 71 666 788
Annex
More regulatory disclosure
Sanction
2022-09-08
CYSEC Board Decision 
Zemblanco
Sanction
2022-07-26
CySEC Decision 
SHARE LINK
Sanction
2022-06-17
CYSEC Board Decision 
AGM Markets
DUALIX