ANSWER Dear Investor,
We believe Straits is a scam platform.
It has come to our attention that Straits, a website registered in October 2024, is relatively new and raises several red flags. Our investigation has not uncovered any credible evidence suggesting that Straits is a registered or regulated broker. Furthermore, the address they claim, "1430 Stout St, Denver, Colorado, United States," appears dubious, as multiple fraudulent investment websites also list this location. Adding to the concerns, the New Zealand Financial Markets Authority (NZ FMA) has placed Straits on its warning list.
Given these findings, we strongly advise caution and recommend avoiding any dealings with Straits. Always ensure thorough research before engaging with any financial entity to protect your investments.
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