BinaxTrading ltd Review
Review
Fast Facts
About BinaxTrading ltd
BinaxTrading Ltd operates via the domain coinvaxcapital.com (also linked to moomooinvestment.com) and is not licensed or registered with the New Zealand Financial Markets Authority, the US National Futures Association (NFA), or the Investment Industry Regulatory Organization of Canada (IIROC) (). The New Zealand FMA placed BinaxTrading Ltd on its warning list on May 5, 2025, identifying it explicitly as a fake investment platform (). BrokersView also assesses the entity as an unregulated broker using a typical scam website template, with no verifiable protective mechanisms or legal oversight ().
Independent analysis of the domain coinvaxcapital.com reveals extremely low trust metrics and multiple high-risk flags, including phishing risks, proximity to suspicious websites, possible malware, spam, and overall untrustworthiness ().
Pros and cons
Cons
- No regulatory authorisation or licensing in major jurisdictions such as NZ, US, Canada, or UK.
- Explicit warning by the New Zealand FMA identifying the platform as a fake investment scheme.
- Detected high-risk website characteristics including phishing, spam, and untrustworthy signals.
