Cryptocurrency Exchanges

AfrinvestNew Zealand

1.6 (11 reviews)
🇳🇿 New Zealand
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1.6
11 reviews
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About AfrinvestNew Zealand

AfrinvestNew Zealand has been flagged by Financial Markets Authority for "Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Do your due diligence first

J
John A.
2 weeks ago

For anyone considering AfrinvestNew Zealand, please be aware that this company has been flagged by Financial Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Cannot withdraw funds - classic scam

P
Peter J.
1 months ago

I invested $500 with AfrinvestNew Zealand after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Zero accountability

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Paul V.
1 months ago

Opened my account with AfrinvestNew Zealand after a friend recommended them and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Fast deposits|Multiple order types|Helpful community forum|Customizable dashboard

Cons: Desktop app not available on Linux

No accountability whatsoever

C
Charles W.
1 months ago

The only good thing about AfrinvestNew Zealand is that they remind you why regulation matters. I found them after hearing about them at a conference. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.

Pros: Multi-currency support|Regular platform improvements|Excellent charting|Risk management tools

Cons: No live chat on mobile

Do yourself a favor and skip AfrinvestNew Zealand

O
Oscar F.
2 months ago

I joined AfrinvestNew Zealand when my bank disappointed me and I searched for alternatives and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Easy withdrawals|Comprehensive tools

Cons: Some tools only available on higher tiers|Onboarding videos are outdated

Would not recommend to others

E
Edward R.
5 months ago

Do not believe the bonus offer from AfrinvestNew Zealand. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through a forum discussion and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Professional team|Responsive team|Fast support response

Cons: Website design could be more modern

How have they won any awards

A
Andrea H.
6 months ago

I experienced a security concern with my AfrinvestNew Zealand account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Transparent fees|Fast deposits

Cons: No integrated tax optimization

Regretting every moment spent here

B
Brooke T.
6 months ago

I had a dispute with AfrinvestNew Zealand and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Risk management tools|Clear documentation

Cons: Currency conversion fee exists

Did my research - this is suspicious

J
Jennifer H.
9 months ago

I was about to invest with AfrinvestNew Zealand but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Unauthorized firm|Found in IOSCO warnings database

Stay far far away

L
Luke O.
10 months ago

I found AfrinvestNew Zealand through a podcast recommendation and the initial impression was positive. But for about five months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Fast support response|Multi-device support|Dividend tracking

Cons: Spreads widen during volatile periods