Fredtrading
Flagged by Financial Markets Authority, Ontario Securities Commission · New Zealand (NZL)
Official Warnings (2)
The FMA recommends caution when dealing with Fredtrading.
Promotional material on Fredtrading’s website and social media profiles make statements that are misleading or likely to mislead investors about the ease and safety in trading foreign exchange (forex or FX) derivatives. This material relates to the ‘signal or ‘copy trading’ service provided by Fredtrading.
The FMA wishes to advise investors that trading in forex derivatives carries significant financial risks, particularly when using leverage, and to be mindful of anyone claiming that a particular product or technique can give you access to better returns or easy money. While software programmes and training courses can teach you how to make forex trades, no person or programme can ever accurately predict movement in foreign currencies.
The certificate displayed on Fredtrading’s website is an academic certificate for the completion of a course. The certificate does not imply any certification or authorisation to provide copy trading services to investors.
Social media profiles: https://www.facebook.com/profile.php?id=100063625837752;
https://www.instagram.com/fredtrading/?hl=da
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Other Flagged Firms (NZL)
This information is sourced from IOSCO I-SCAN and official financial regulators. Inclusion in this database does not necessarily mean the firm has committed fraud - it may indicate they are not authorized to operate in a specific jurisdiction. Always verify directly with the relevant regulator before making investment decisions.