The NZ FMA issues a warning against Brocastocks On Nov 26, 2025, the New Zealand Financial Markets Authority (NZ FMA) added Brocastocks to its warning list, stating that this is a fake investment platform. https://www.fma.govt.nz/library/warnings-and-alerts/fake-investment-platforms-2/

BrokersView has reviewed that Brocastocks is an unregulated broker According to its website, it claims to have its office in Hungary, and it is well known that the Central Bank of Hungary (MNB) does not have the authority to regulate foreign exchange. In addition, the New Zealand Financial Markets Authority (NZ FMA) added Brocastocks to its warning list, stating that this is a fake investment platform. In fact, Brocastocks is not regulated by any authority. Therefore, Brocastocks is a scam.