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Reltex Group
On May 28, 2024, the Ontario Securities Commission (OSC) issued a warning against Reltex Group, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/reltex-group
On May 28, 2024, the Ontario Securities Commission (OSC) issued a warning against Reltex Group, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/reltex-groupReltex Group claims to be a forex broker providing a secure and transparent trading environment. However, contradicting to such claims, it hasn't disclosed any licensing data and company information to validate its legitimacy. This lack of essential information is a red flag for potential fraudulent activities.
Adding to the concerns, the Ontario Securities Commission (OSC) has issued a warning against Reltex Group, stating that this broker is not registered in Ontario to engage in the business of trading in securities.
In essence, Reltex Group is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Reltex Group appears to be a scam.
Reltex Group claims to be a forex broker providing a secure and transparent trading environment. However, contradicting to such claims, it hasn't disclosed any licensing data and company information to validate its legitimacy. This lack of essential information is a red flag for potential fraudulent activities.Adding to the concerns, the Ontario Securities Commission (OSC) has issued a warning against Reltex Group, stating that this broker is not registered in Ontario to engage in the business of trading in securities.In essence, Reltex Group is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Reltex Group appears to be a scam.On July 12, 2024, the British Columbia Securities Commission (BCSC) issued a warning against Reltex Group, believing that this broker is not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/reltex-group.
On July 12, 2024, the British Columbia Securities Commission (BCSC) issued a warning against Reltex Group, believing that this broker is not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/reltex-group.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
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