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NFA's warning to broker.

Newzealand’s FMA issued Warning against these Brokers

Posted on September 6, 2024

New Zealand’s Financial Markets Authority (FMA) has cautioned investors and the public to use caution when interacting with some websites that claim to be associated with Black Bull Group Limited, or Blackbull Markets. This alert was issued when the FMA discovered many phony websites that were utilizing Black Bull Group Limited’s registration information—a real, registered company in New Zealand—falsely.

Fake Websites Masquerading as Blackbull Markets

Despite their claims, the FMA’s research has established that the following websites are not connected to Black Bull Group Limited:

  1. bullxmarket.com
  2. finanzen300.com
  3. aurotrade24.com
  4. swissxmarket.com
  5. metastocsfx.com
  6. bullxtrade.com
  7. capitalmarketscyprus.com

These websites may have misled investors into believing they are interacting with a reliable and regulated organization by falsely portraying themselves as a member of Black Bull Group Limited. The FMA highlights that www.blackbull.com is the sole official website that Black Bull Group Limited maintains for its services in New Zealand.

Protecting Yourself from Fraud

The FMA urges anybody who has concerns about the authenticity of a website or broker purporting to represent Black Bull Group Limited to get in touch with the business directly to guard against falling for these phony sites. For verification, you can contact them via email at support@blackbull.com. To protect your assets and private information, be sure you are engaging with a genuine and legitimate website.

Conclusion

The alert from the FMA is an important reminder to exercise caution while making investments or trading online. Investors need to be vigilant in ensuring the legitimacy of any financial service provider they interact with, as the number of phony websites is becoming a significant source of concern. If you have any questions, always check the official website again and get in touch with the business.

You can protect yourself against risks presented by dishonest brokers and make sure that your financial transactions are safe and legal by remaining knowledgeable and attentive.

Concerned about potential deceit? Protect yourself from internet dating scams, romance fraud, and fraudulent brokers by getting a free consultation.

Got Scammed by SHC? Scam Help Center Is Your Solution for a Refund!

For victims of SHC, getting help through platforms like the Scam Help Center is important. If you suspect deceit, filing a chargeback might help you get your funds back. To successfully enhance your case and speed up the recovery procedure, take immediate action and document everything thoroughly.

Find out more about your chargeback rights and available solutions. Contact us for expert guidance.

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