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Operating status: SCAM
Website: https://www.portaltradecapital.com/

On August 1, 2023, the New Zealand Financial Markets Authority (FMA) issued a warning against Portaltradecapital, stating that this broker is falsely claiming to be a NZ registered company. https://www.fma.govt.nz/library/warnings-and-alerts/portaltradecapital/
The Financial Markets Authority of New Zealand (NZ FMA) has issued a warning against Portaltradecapital, stating that this broker is purporting to be a registered company in New Zealand by using the Certificate of Incorporation, NZBN, and address of a registered New Zealand company, Portal Archive Limited. The director of Portal Archive Limited has confirmed as having no association with this website.
In essence, Portaltradecapital 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.
BrokersView found that the domain "https://www.portaltradecapital.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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