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Forex Limited -

Score

1.64 /10
Danger

Forex Limited

New Zealand

10-15 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

http://www.forexltd.co.nz/Article.aspx

Influence

D

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Comparison

Quantity 6

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index8.00

Risk Management Index0.00

Software Index4.00

License Index0.00

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
Time Machine
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

open now

Broker Information

More

Company Name

Forex Limited

Company Abbreviation

Forex Limited

Platform registered country and region

New Zealand

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2026-05-06
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • WikiFX has recorded a total of 6 user complaints against this broker. Please be aware of the high risks and exercise extreme caution.

WikiFX Verification

Exposure

6 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Unable to withdraw

My withdrawal took more than 2 months.

2021-09-25 19:59
Unable to Withdraw

Forex steady global limited steady168 scam

I also just got scam by this broker steady168, met some guy online said from hongkong, we talked and he introduce me to MT5 and steady 168. I first deposit 5k and on my first trade i made 1100$. I able to with 2 twice, first 500$ then 4500$. Then this guy keep encourage me to deposit more and more money in which i said i cant, he transfer me 2000$ from his account which i got a message from customer services saying i have to deposit 3000$ for risk deposit. I did and on monday sep 13 with this guy instruction again, i made 11k in profit and want to withdraw money out and customer service said now i have to pay personal income tax 30% of the profit. That trigger my suspicion because I never heard a thing as such paying personal income tax before withdrawing. Then i search on google and found this post. Now i cant withdraw any money out. My account will be freeze and deduct 10% if i do not pay the personal income taxes. Now i lost my 11k, feel so shitty to get scam

2021-09-23 20:17
Others

Unable to withdraw and get blocked it. Out of touch

I thought this was the most profitable way to make money online, but then I found out that I was cheated and lost more than $12,000. The company runs on Telegram and Whats App with no registered address. They provide free signals and seem to be more profitable than any other trading company in the world. These people treated you as if you were their god before you paid their expenses, but after that hey ignored you. They use "SIR" all the time in their conversations. They can pre-collect profit sharing fees from you, and then randomly place transactions in your account. Some transactions have no stop loss. Be careful that their system looks real, but they are scammers.

2021-09-25 20:58
Unable to Withdraw

Be asked to pay extra fees or will unable to withdraw

She asked me to pay taxes before I withdraw money. I didn't do as she told. I made money in the account exact the same as the deposit. And she kept saying it was still in the process of inquiring and unable to withdraw. The woman in the picture, from Chongqing, China, lived in Chicago, she said her brother who worked in financial industry had a team. Every time you did as she told, you can make money, but she asked you to withdraw when the profit is higher than the deposit, and you have to pay taxes before that. Do not believe in her! Their data on MT5 platform is fake, their company isForex Limited.

2021-09-10 21:07
Others

Scam

The man introduced MT5 to me and led me to deposit 5000. At first I gained $1100 and he persuaded me to deposit more. On September 13, I gained $11000 but when I tried to withdraw, the customer service told me to pay 30% personal tax. Otherwise my account would be locked. Beware.

2021-09-23 21:39
Scam

Should one be removed off if he/she doesn’t add fund?

Foreword: All kinds of futures trading platforms on the Internet have not obtained the approval of the financial regulatory authorities. They have not established relevant institutions to provide business services in China, and have not filed with the telecommunications department according to law,all of them are illegal exhibitions. Moreover, all types of entities involved in the futures trading platform, including domestic agents, propaganda agencies and investors, are required to bear corresponding legal responsibilities. That is to say, even if it is a legal foreign regulated institution, it is at least illegal to conduct business in China. The futures trading model carried out by Dogan International is a market-making trading, which is different from the futures and stocks, and one party will buy the corresponding party. Dogan International is suspected of providing illegal futures trading platforms to the public, and may even be a party to direct trading. It is considered to be a serious violation of the law, both as an athlete and as a referee. Remind everyone that the current futures virtual currency trading platform, especially some unknown foreign exchange platforms, often pretend to be advanced official website by buying relevant licenses and renting a server. Trading software is also counterfeit, costing a few thousand dollars per month. For traders who have not been exposed to foreign exchange and want to trade are doomed to fall into their pitfalls.In this April,I received a phone call from Dagon’s salesman,which I didn’t notice.They kept calling me and added,advising me to follow them on Wechat rather than follow their operations.At that time,I regarded it as a reference.Actually,I have stepped into their pitfalls.I found that the recommended stock was really on the rise.Since I was still vigilant,I have only deposited 50000 RMB.With teacher’s instruction,I made some profits of 20000 RMB.One day,they suddenly ceased.I asked what happened and they said that the company only allowed them to trade in the internal news shares instead of instructing clients.The benefit of short term was 20%-25% with 3-5 days delivery,but the threshold is 200000 RMB.I joined.At that time,the stock market was volatile,I made a loss of hundreds thousand of yuan.The teacher treated me perfunctorily with grinding reasons.Two days later,that teacher advised us to trade CHINA50, Hu shen 300 and Forex Limited to recover the losses.We were pulled into a live-broadcasting room without knowing that the member were all fraudsters.Then I made a loss of more than 100000 RMB within a week.They kept asking me add fund to earn doubly.I deposited more than 500000 RMB in all,keeping constant losses.I felt something wrong because the withdrawal was unavailable.

2019-11-14 17:07
Forex Limited · Company summary
Forex Limited Review Summary
Founded1999
Registered Country/RegionNew Zealand
RegulationFMA (Regulated)
ServicesTreasury Risk Management, Treasury Committee Representation, Outsourced Treasury Manager, Forecasting & analysis, Daily & weekly reports
Customer SupportContact form
Tel: 64 (4) 472 923664 (9) 309 5710
Email: m.mcnatty@forexltd.co.nzS.Denton@forexltd.co.nzP.Gilligan@forexltd.co.nz

Forex Limited Information

Forex Limited is a regulated broker, offering trading on Treasury Risk Management, Treasury Committee Representation, Outsourced Treasury Manager, Forecasting & analysis and Daily & weekly reports with leverage up to 1:200 and spread from 1.57 pips on external platforms. The minimum deposit requirement is $100.

Forex Limited Information

Pros and Cons

Pros Cons
Regulated wellLimited info on website
Diverse services provided
Multiple contact channels

Is Forex Limited Legit?

Yes. Forex Limited is licensed by FMA to offer services.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Financial Markets AuthorityRegulatedForex LimitedStraight Through Processing (STP)4041
Forex Limited license

Forex Limited Services

Forex Limited offers services in Treasury Risk Management, Treasury Committee Representation, Outsourced Treasury Manager, Forecasting & analysis and Daily & weekly reports.

ServicesSupported
Treasury Risk Management✔
Treasury Committee Representation✔
Outsourced Treasury Manager✔
Forecasting & analysis✔
Daily & weekly reports✔
Forex Limited services
Forex Limited services

User Reviews

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User comment

3

Comments

Write a review

FX1046772946
more than one year
Estoy muy feliz de compartir mi opinión sobre Forex Limited con usted. Aunque realmente no he operado con Forexlimitedtodavía, y no planeo hacerlo, todavía quiero decir algunas palabras. En primer lugar, la información proporcionada en su sitio web es muy poca y no existe información básica como el depósito mínimo y el apalancamiento. La segunda es que vi muchas críticas negativas en wikifx, presumiblemente no vale la pena negociar con este broker.
Estoy muy feliz de compartir mi opinión sobre Forex Limited con usted. Aunque realmente no he operado con Forexlimitedtodavía, y no planeo hacerlo, todavía quiero decir algunas palabras. En primer lugar, la información proporcionada en su sitio web es muy poca y no existe información básica como el depósito mínimo y el apalancamiento. La segunda es que vi muchas críticas negativas en wikifx, presumiblemente no vale la pena negociar con este broker.
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2022-11-25 17:23
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融汇工作室
more than one year
“This page doesn't seem to exist”, I only read this from their website. It seems that they have shut off their website. And I saw many traders expose them on the Internet. Terrible!
“This page doesn't seem to exist”, I only read this from their website. It seems that they have shut off their website. And I saw many traders expose them on the Internet. Terrible!
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2022-11-22 18:08
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