Canz Trades represents itself as a real estate broker and an online trading broker. You can see that the company claims to be a leader in the trading field, with over 30,000 clients on the website. However, after the Canz Trades review we’ve done, we wouldn’t agree with any of these statements. Let’s see what you can do if you get scammed by this company.
| Regulated by: | No regulation |
| Headquarters Country: | New Zealand |
| Foundation year: | N/A |
| Supported Platforms: | N/A |
| Minimum Deposit: | $1000 |
| Types of Assets: | Crypto, FX, stocks, commodities, real estate |
| Maximum Leverage: | N/A |
| Demo Account: | Yes |
Canz Trades Regulation and Security
The broker claims to be based in New Zealand and owned by Canz Trade & Investment Ltd. Also, there is a claim that the company is licensed under license number 2512695. However, this number is coming from the register of New Zealand companies, not from FMA, the regulatory body for financial activities. It only means a company does exist, but it does not have regulation. Red flag for this broker at the very beginning of this review.
Warnings From Financial Regulators
We’ve checked the FMA register looking for Canz Trades. And there it is — a warning against this broker. The FMA stated the broker does not have a regulation for conducting financial services in New Zealand. Funny thing, FMA stated that the broker is not even related to its alleged owner, Canz Trade & Investment Ltd. Also, everyone scammed by Canz Trades has been invited to report this broker and present its case.
Can I make money with Canz Trades?
Since the broker is unregulated and blacklisted in the country of origin, you can already conclude. Also, there is no trading platform we can check, nor any other information. Everywhere you will see that you can open an account for free, but the moment you do it, you will be asked to deposit $1,000 — another misleading statement on the website of Canz Trades broker. With this company, we’ve seen something we’ve never come across before. The broker is offering you to buy real estate. How can a fake company with no legit owner help you to invest in real estate? More than that, they offer loans for buying properties. Worse scam than usual scams we’ve seen.
Scammed by Canz Trades?
If you were scammed by Canz Trades, take it easy. Thanks to all the misleading facts on this broker’s website, you are not the only victim of their scam. You can file a dispute and request a chargeback.
But what is a chargeback? It’s a way of refunding your card within 540 days since you’ve been scammed online. Contact our support via chat, and they will give you further details.
Do not hesitate, time to fight back and get your money!
What is Canz Trades?
Canz Trades is an online trading brokerage. The company is anonymous and unregulated.
Is Canz Trades a scam?
The company has much misleading information on the website, including the company owner, and has no regulation. We can safely say it’s a scam.
Is Canz Trades regulated?
Despite claims on the website, this company is not a regulated broker.
