Reported Website: https://www.volttexltd.com/; https://volttexmktpro.us/
VOLTTEX claims to be operated by VOLTTEX MARKETS LIMITED which is located in New Zealand and is authorized and regulated by the National Futures Association (NFA) under the license number 0554312. As per New Zealand law, brokers operating in this country must be licensed by the Financial Markets Authority (FMA) in order to offer financial products or services. We then searched the registry of FMA but found that this company is only registered with but not licensed by the regulatory body. It is registered as a financial advice provider, not licensed as a derivatives issuer. Furthermore, although it has an NFA number and we did find it on NFA website, records from the regulator show that VOLTTEX is not an NFA-member and thus not subject to their oversight. In essence, VOLTTEX is not regulated by any governing body. Entrusting this broker with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
