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0 1 2 3 4 5 6 7 8 9
/10

BIZ

New Zealand New Zealand | 5-10 years |
Scam Brokers | Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

http://www.biz-fx.com/index.aspx

Website

Rating Index

Contact

+852 54266833
http://www.biz-fx.com/index.aspx

license Forex License

risk

No forex trading license found. Please be aware of the risks.

This platform is a Ponzi Scheme. Please stay away!
  • This broker has been verified to be illegal and all of its licences have expired, and it has been listed in WikiFX's Scam Brokers list. Please be aware of the risk!
4

Basic Information

Registered Region
New Zealand
Operating Period
5-10 years
Company Name
BIZ SOLUTIONS LIMITED
Email
info@biz-fx.com
Contact Number
+85254266833
FX3759683923

FX3759683923

Unverified

Hong Kong

BIZ was introduced me by Yaoteng, and then I deposited in the platform to invest forex. However, I can’t withdraw money in November.

Exposure

杨恒峰

杨恒峰

Unverified

Hong Kong

My BIZaccount was under custody by Yaoteng. But now the contract expired, it refuses to let me withdraw the money, saying that the third-party channel is frozen. In fact, it is because Yaoteng has no ability to pay for the money with a broken capital chain. It has claimed itself to be a regular platform. However, it could modify its client’s position in the background. When I wake up, I found positions suddenly showed in my account. Please stay away from this platform. Since I have been deceived, I don’t hope more people get cheated. The large profit orders that were under custody of Yaoteng BIZ account are only seen afterwards. Their large profit orders are opened at 4-5 pm Beijing time, but we have seen this many times every day and have not seen the position of a large profit. That is to say, this profitable position is not true, false. The Yaoteng BIZ account custody platform is their own, the background data can be modified. If this is the case, the money we deposited in the platform did not be used to make substantive transactions at all. That means that the so-called profit we watched from the background data on the scam platform doesn’t exist. A profit-free fund is a live Ponzi scheme.

Exposure

FX3739345910

FX3739345910

Unverified

Hong Kong

The money withdrawn before has not arrived. At first, they asked me to wait five days and another five days. Now they said that the money in the third party platform were frozen and no deposit is allowed to withdraw. Even if the application is made, it will will not be reviewed. They ask me to wait 3-6 months.

Exposure

杨恒峰

杨恒峰

Unverified

Hong Kong

The profits were withdrawn one month ago and has not arrived. I don’t know if the principal can be withdrawn. The first time I invested in forex, and is is really annoyed to encounter such a problem.

Exposure

4
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Verified Site

  • bizmt5.com
    107.160.79.217
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    2017-08-11
    Website Name
    WHOIS.GODADDY.COM
    Company
    GODADDY.COM, LLC

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BIZ

Related Companies

BIZ SOLUTIONS LIMITED(New Zealand)
New Zealand
BIZ SOLUTIONS LIMITED(New Zealand)
Active
New Zealand
Registration No.981833
Est. Date
SourceWebsite Announcement
Employees

Review summary

BIZ SOLUTIONS LIMITED is a financial entity registered in New Zealand, operating for an estimated 5 to 10 years. The overall profile is concerning, with a significantly low overall score of 1.61 out of 10. A primary risk factor is the lack of credible regulatory oversight. While the firm holds a registration with New Zealand's Financial Service Providers Register (FSPR), this license is categorized as 'Revoked' and pertains to investment advisory services, not the authorization to operate as a forex broker. The entity's 'Suspicious Scope of Business' classification further underscores its high-risk profile. Public exposure from traders details issues regarding withdrawals, order manipulation, and platform authenticity. The business model described in complaints suggests a highly suspicious entity where client funds may be at severe risk. Essential trading specifications, such as minimum deposit requirements, leverage, and execution speeds, are not currently publicly disclosed. This combination of a revoked advisory license, a complete absence of forex regulatory authorizations, and unresolved public complaints warrants the utmost caution for any prospective user. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-05)

Company Profile

  • Scam Brokers
  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is BIZ safe and reliable?

BIZ SOLUTIONS LIMITED does not present a profile of safety and reliability. The entity holds an extremely low overall score of 1.61 out of 10. The primary concern is a complete absence of credible regulatory oversight for its forex trading operations. While registered in New Zealand, its sole listed license for investment advisory services is marked as 'Revoked'. This, combined with multiple public complaints regarding withdrawals and platform integrity, leads to a classification of high risk. Prospective users should exercise the utmost caution.

In a week
United States

Is BIZ regulated?

BIZ SOLUTIONS LIMITED is not regulated to operate as a forex or CFD broker. The firm holds a registration in New Zealand with the Financial Service Providers Register (FSPR), license number 89441. However, this license pertains to 'Inst Investment Advisory (IA)' services and its current status is listed as 'Revoked'. Crucially, there are no valid licenses from recognized financial authorities authorizing it to offer trading services. The entity is classified within a high-risk category due to this lack of credible oversight.

In a week
United States

What is the minimum deposit of BIZ?

Specific information regarding the minimum deposit requirement for BIZ SOLUTIONS LIMITED is not currently publicly disclosed. This lack of transparency regarding fundamental account terms is atypical of regulated brokers. It is a point for potential users to clarify directly with the entity, though the overall high-risk profile of the firm warrants significant caution before considering any financial commitment.

In a week
United States

Does BIZ support MT4 or MT5?

Information on which trading platform(s) are offered by BIZ SOLUTIONS LIMITED is not specified. Details on whether it supports industry-standard platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5) are unavailable. The absence of clear platform information, coupled with user complaints questioning platform authenticity, adds to the uncertainty surrounding its operational infrastructure.

In a week
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
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