Score

1.36 /10
Danger

New Zealand Visions

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 6

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index5.83

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

New Zealand Visions Build Limited

Company Abbreviation

New Zealand Visions

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
New Zealand Visions · Company summary

Note: New Zealand Visionss official site - https://www.nz-visions.com/en/index.htm is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

New Zealand Visions Review Summary
Founded 1-2 years
Registered Country/Region United Kingdom
Regulation NFA (Suspicious Clone)
Market Instruments N/A
Demo Account Unavailable
Leverage N/A
EUR/ USD Spreads N/A
Trading Platforms N/A
Minimum Deposit N/A
Customer Support Phone, email

What is New Zealand Visions?

New Zealand Visions, a broker allegedly operating under the United States NFA regulation, is currently under suspicion of cloning this regulatory license.

Furthermore, it has come to our attention that the official website of New Zealand Visions is inaccessible. In addition, reports have emerged regarding difficulties in withdrawing funds from this broker's platform.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros Cons
• N/A • Website is unavailable
• Reports of scams and unable to withdraw
• NFA (Suspicious Clone)

New Zealand Visions Alternative Brokers

There are many alternative brokers to New Zealand Visions depending on the specific needs and preferences of the trader. Some popular options include:

  • EZINVEST - An online trading broker specializing in forex, commodities, and indices and serving the needs of both retail and corporate traders.

  • CFI Group -A globally regulated STP broker registered in Cyprus that provides its clients with over 13,000 tradable financial instruments.

  • VPFX – An online forex broker, which delivers a comprehensive range of services to traders worldwide.

Is New Zealand Visions Safe or Scam?

The United States NFA regulation (license number: 0550787) claimed by this broker is suspected to be clone. Therefore, New Zealand Visions currently has no valid regulation, which means that there is no government or financial authority oversighting their operations.

suspicious clone NFA license

Besides, the official website of New Zealand Visions is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.

If you are considering investing with New Zealand Visions, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

User Exposure on WikiFX

On our website, you can see that reports of unable to withdraw. Traders are encouraged to carefully review the available information and consider the risks associated with trading on an unregulated platform. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

User Exposure on WikiFX

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone: +44 7312851096

Email: support@vsb-fx.com

Conclusion

In conclusion, New Zealand Visions, a broker that claims to operate under the United States NFA regulation, is suspected of cloning the regulatory license. This raises concerns about the legitimacy and credibility of the broker.

Moreover, the inaccessibility of its official website and reports of withdrawal issues further contribute to the uncertainty surrounding New Zealand Visions. It is advisable for individuals to exercise caution when dealing with this broker until further clarity is obtained regarding its regulatory standing and operational practices

Frequently Asked Questions (FAQs)

Q 1: Is New Zealand Visions regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at New Zealand Visions?
A 2: You can contact via phone, +44 7312851096 and email, support@vsb-fx.com.
Q 3: Does New Zealand Visions offer demo accounts?
A 3: No.
Q 4: Is New Zealand Visions a good broker for beginners?
A 4: No. It is not a good choice for beginners. Not only because of its suspicious clone condition, but also because of its inaccessible website.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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User comment

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Comments

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more than one year
Investing with New Zealand Visions is too risky, and I'd advise others to choose well-regulated brokers to safeguard their funds. Don't fall for the potential pitfalls associated with this platform.
Investing with New Zealand Visions is too risky, and I'd advise others to choose well-regulated brokers to safeguard their funds. Don't fall for the potential pitfalls associated with this platform.
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2023-12-08 10:23
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Benedictine
more than one year
Stay away from New Zealand Visions! The alleged NFA regulation is suspiciously cloned, and the fact that their website is inaccessible raises serious doubts. Reports of scams and withdrawal issues make it clear that this broker is not to be trusted.
Stay away from New Zealand Visions! The alleged NFA regulation is suspiciously cloned, and the fact that their website is inaccessible raises serious doubts. Reports of scams and withdrawal issues make it clear that this broker is not to be trusted.
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2023-12-07 19:14
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