Canada’s BCSC Adds XForex to its Investor Caution List

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Canada’s BCSC Adds XForex to its Investor Caution List

Postby » Wed Jul 20, 2016 12:25 pm

The British Columbia Securities Commission (BCSC), one of the thirteen provincial financial regulators in Canada, has added XFR Financial Ltd. to its growing ‘Investment Caution List’, according to a BCSC statement.

According to the Canadian provincial regulator, a representative of XForex solicited a British Columbia (BC) resident and the company opened a trading account for him, without being authorised to do so. The BCSC has therefore urged investors to use caution when dealing with this company.

XFR Financial Limited owns the CFD and forex providers XForex ad XTrade, which are registered with the Cyprus Securities and Exchange Commission (CySEC). Earlier in May, XF ... (read more)

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