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Operating status: SCAM
Website: https://ssgafx.com/; https://pcssgapro.glennallan.com/#/main; http://pcssgapro.gdcyls.com/
On June 11, 2024, the British Columbia Securities Commission (BCSC) issued a warning against SSGA Pro, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC. https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/ssga-pro
SSGA Pro claims to be reliable, purporting to be regulated by several financial regulators. However, it hasn't provided any specifications regarding its regulatory status, like the license numbers, raising doubts on its claims' authenticity.
Our search in the relevant financial regulators' registers suggests that all its regulatory statements are baseless, as there are no corresponding records from the watchdogs to support its legitimacy.
In addition, the British Columbia Securities Commission (BCSC) has issued a warning against SSGA Pro, stating that this broker is not registered to trade in, or advise on, securities or derivatives in BC.
In essence, SSGA Pro 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.
SSGA Pro appears to be a scam.
On February 17, 2025, the New Zealand Financial Markets Authority (NZ FMA) released a warning list, advising investors to stay vigilant about 96 suspicious investment websites including SSGA Pro. https://www.fma.govt.nz/library/warnings-and-alerts/network-of-fake-online-investment-platforms/
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