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Croftcapital

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Risk Level - High

Scam Evidence & Warnings

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BrokersView has reviewed that Croftcapital is an unregulated forex broker Croftcapital claims to be owned and operated by a private, legally registered online investment company which is located in the New Zealand, namely CROFT CAPITAL LIMITED. However, we didn't find any matching results in the registry of the New Zealand regualtor FMA. So Croftcapital is not overseen by any financial regulators. That means investors' funds in this broker are unsafe. Therefore, it is a scam.

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The New Zealand regulator FMA added Croftcapital to its warning and alert list On 17 March 2022, the Financial Markets Authority of New Zealand (NZ FMA) warned the public that this entity has been contacting New Zealand residents for investment activities without relevant license: https://www.fma.govt.nz/news-and-resources/warnings-and-alerts/croftcapital

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BrokersView has found that Croftcapital is not working On 8 Jul 2022, BrokersView found the domain https://croftcapital.ltd/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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Hi, I am planning to start trading with Croftcapital. And as a final step, could you double check for me is this broker is regulated in Uruguay? Croftcapital is an unregulated broker and should be avoided at all events. Croftcapital claims to be owned and operated by a private, legally registered online investment company which is located in the New Zealand, namely CROFT CAPITAL LIMITED. However, we didn't find any matching results in the registry of the New Zealand regualtor FMA. So Croftcapital is not overseen by any financial regulators. That means investors' funds in this broker are unsafe. What's worse, the New Zealand regulator FMA has added Croftcapital to the alert list to warn the public that Croftcapital may be operating a scam via the website (https://croftcapital.ltd/). You can check the full alert or warning here.Our verdict is that Croftcapital is not authorised by any financial regulator, therefore is not subject to necessary and strict laws and principles of operation, resulting in a high risk to trade with it. We advise you to stay away from this broker and any other unregulated brokerages and choose properly regulated brokers. View Source

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