ANSWER Dear Investor,
Hyper Trades raises serious concerns about its legitimacy and regulatory status.
While its website claims that the company is regulated in both Canada and Europe, a thorough investigation found no matching records with the Investment Industry Regulatory Organization of Canada (IIROC) or the European Securities and Markets Authority (ESMA). This indicates that Hyper Trades may be falsely presenting itself as a regulated entity.
Additionally, the British Columbia Securities Commission (BCSC) has issued a warning against Hyper Trades, stating that the company has been providing financial services or products without proper authorization.
Given the red flags surrounding Hyper Trades, investors are strongly advised to steer clear of this company to avoid potential scams.
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