Forex Broker AlfaTrade Exposed by BCSC

[kreslik.news]

British Columbia Securities Commission (BCSC), one of the thirteen Canadian provincial financial regulators has issued a warning to investors about forex broker, AlfaTrade.

The warning was issued to Nemesis Capital Limited, operating as AlfaTrade which is the latest broker to be added to the Canadian watchdog’s warning list that comprises of companies offering unauthorized forex trading in Canada.

AlfaTrade was blacklisted after the BCSC learned that a British Columbia (BC) resident was able to open an account with the company. The broker which claims to have an office in Sofia, Bulgaria, purports to be a brokerage firm that offers trading in forex, contracts ... (read more)