Immediate Chenix New 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.
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Immediate Chenix New Zealand is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
Opened my account with Immediate Chenix New Zealand after my brother mentioned 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: Two-factor authentication|Responsive team|Personal attention
Cons: Live chat only during business hours|No integrated tax optimization
If you are reading this considering Immediate Chenix New Zealand - run. I wish I had read more negative reviews based on a colleague's recommendation. I thought the positive ones were real. Maybe some are. My experience over for about five months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Smooth onboarding|Stable platform|Customizable dashboard
Cons: None so far|Some tools only available on higher tiers
Customer support at Immediate Chenix New Zealand seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Market news feed|Dedicated account manager
Cons: Slow to add new assets|Spreads widen during volatile periods
I had a dispute with Immediate Chenix New 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: Economic calendar|Multi-currency support|Smooth onboarding|Great customer service
Cons: Inactivity fee applies after 12 months
What really bothers me about Immediate Chenix New Zealand is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them while looking for alternatives to my previous provider and I fell for the polished exterior. Never again.
Pros: Segregated accounts|Low minimum deposit|Reliable uptime
Cons: Minimum deposit could be lower
My withdrawal from Immediate Chenix New Zealand was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since the beginning of the year of being strung along.
Pros: Regular platform improvements|Wide product range
Cons: Withdrawal takes 1-2 business days
The spread at Immediate Chenix New Zealand is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a family member had a good experience and initially thought the platform was good - until I started trading seriously.
Pros: Fast support response|Stable platform|Easy withdrawals
Cons: Inactivity fee applies after 12 months|No dark mode on mobile
Where do I even begin with Immediate Chenix New Zealand? since I retired last year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Dedicated account manager|Full transparency|Comprehensive tools
Cons: Withdrawal takes 1-2 business days