E30trade fails to disclose any regulatory information and licensing data, which is a significant scam indicator.
While the platform is allegedly domiciled in Canada, there are no indications that it is registered with the Investment Industry Regulatory Organization of Canada (IIROC). No regulated dealers were found matching E30trade.
Furthermore, the Ontario Securities Commission (OSC) has issued a warning against E30trade, stating that this broker is not registered in Ontario to engage in the business of trading in securities.
In essence, E30trade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
E30trade is unequivocally a scam.
E30trade fails to disclose any regulatory information and licensing data, which is a significant scam indicator.While the platform is allegedly domiciled in Canada, there are no indications that it is registered with the Investment Industry Regulatory Organization of Canada (IIROC). No regulated dealers were found matching E30trade.Furthermore, the Ontario Securities Commission (OSC) has issued a warning against E30trade, stating that this broker is not registered in Ontario to engage in the business of trading in securities.In essence, E30trade is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. E30trade is unequivocally a scam.