ANSWER Portaltradecapital doesn't have any license to offer trading services in forex. The Financial Markets Authority of New Zealand (NZ FMA) has confirmed that this is an impersonation fraud.According to the NZ FMA's warning, Portaltradecapital 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.Therefore, Portaltradecapital is totally a scam built on lies. If investors deal with this fraudster, they are exposed to significant risks such as fraud or identity theft and there are no rules in place to safeguard their interests. As such, it is advisable for investors to steer clear of such unlicensed brokers as Portaltradecapital and opt for a fully regulated one.
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