The NZ FMA issues a warning against BinaxTrading ltd On May 5, 2025, the New Zealand Financial Markets Authority (NZ FMA) added BinaxTrading ltd to its warning list, stating that this is a fake investment platform. https://www.fma.govt.nz/library/warnings-and-alerts/stephanie-robert-social-media-profile/

BrokersView has reviewed that BinaxTrading ltd is an unregulated broker This website uses a common template for scam websites. Such websites usually have the same website design and wording, and even the same office address. It has been flagged by Brokersview many times before, for example: 10xttime optionsV2 Trades. Upon investigation, no matching information was found in the National Futures Association (NFA) and Investment Industry Regulatory Organization of Canada (IIROC). In addition, the New Zealand Financial Markets Authority (NZ FMA) added BinaxTrading ltd to its warning list, stating that this is a fake investment platform. In essence, BinaxTrading ltd is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. BinaxTrading ltd appears to be a scam.

BrokersView has identified that BinaxTrading ltd's website is currently offline BrokersView found that the domain "https://coinvaxcapital.com/;https://moomooinvestment.com/" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.