New Zealand financial regulator Financial Markets Authority (FMA) has issued a warning regarding TradeVtech, operated by a company called UMedia LLC from websitetradevtech.net.

TradeVtech, according to the FMA, is operating a scam. The regulator noted that it has received a report about this entity advertising on Facebook using false celebrity endorsements. Their website claims to be a Contract-for-Differences (CFDs) provider trading in stocks, currencies, cryptocurrency, commodities, and indices. However, they are not registered and/or licensed to provide financial services/products in New Zealand.

Several international regulators have also cautioned the public about TradeVTech, including the Financial Market Authority, Austria which issued a warning on 13 Aug 2021, the Financial Conduct Authority in the UK which issued a warning on 30 Jul 2021, and The Malta Financial Services Authority (MFSA) which issued a warning on 26 July 2021.

TradeVtech shows the following contact information:

Address: First Floor St Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines

Email: cs@tradevtech.email; tony.h@tradevtech.email

Phone: +41225013066; +43720971750