FCAA Warns Against Online Trading Platform
Saskatchewan’s Financial and Consumer Affairs Authority is warning investors about the online trading platform Hengry Global Capital Limited. It claims to offer the opportunity to invest and trade in crypto currency, forex, stock indices, shares and commodities and it’s alleged address is in Regina. However, Hengry Global Capital is not registered in Saskatchewan. FCAA strongly cautions investors and consumers to not send money to companies which aren’t registered in the province, because they may not be a legitimate business.
Tips to protect yourself:
-Always verify that the person or company is registered to sell or advise about securities or derivatives. To check registration, visit The Canadian Securities Administrations’ National Registration Search.
-Know exactly what you are investing in. Make sure you understand how the investment, product, or service works.
-Get a second opinion and seek professional advice about the investment.
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