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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 2023-10-31
- Reason for punishment Its website(s) contains false licensing and registration claims. Ovax Global Limited claims to be licensed in New Zealand but this is not the case. We have reasonable grounds to suspect that its claims to be registered and licensed in other jurisdictions are also untrue.
Disclosure details
Ovax Global Limited: False company information; unrealistic returns, fake testimonials
Ovax Global Limited: False company information; unrealistic returns, fake testimonials
We recommend caution when dealing with Ovax Global Limited, which has the features of a scam.
Its website(s) contains false licensing and registration claims. Ovax Global Limited claims to be licensed in New Zealand but this is not the case. We have reasonable grounds to suspect that its claims to be registered and licensed in other jurisdictions are also untrue.
False information may have been used to register the company, its website offers unrealistic high investment returns and fake testimonials.
Ovax Global Limited provides investment and trading services in cryptocurrencies, purportedly from a place of business in New Zealand but it is not registered to provide financial services here.
Entity name: Ovax Global Limited
Address: 2/6 Gilmer Terrace, Wellington Central
Email: support@ovaxglobal.com; support@ovax.ltd; support@ultiversefx-trade.com
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