BCSC added a Forex broker in its Investment Caution List
The British Columbia Securities Commission (BCSC) has issued an announcement to inform public and investors about www.fx-inter.com.
According BCSC, Inter Global is an offshore firm that claims to be a fully regulated Forex broker and offers an online Forex and contracts for difference (CFDs) platform.
BCSC recently became aware that a BC resident was able to open a trading account with Inter Global.
BCSC informs that Inter Global is not registered to trade in, or advise on, securities or exchange contracts in BC.
CFDs are a type of derivative security that allow traders to speculate on the price movements of an underlying asset. CFDs are considered to be securities under the securities legislation in British Columbia (BC).
BCSC urges BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.
Source: BCSC
