ANSWER No, it is not safe to choose Canadian Capital Markets. It is an unlicensed broker.While this broker alleges to have offices in Canada, it fails to obtain the required license from the Investment Industry Regulatory Organization of Cananda (IIROC), rendering its offerings unlawful. Adding to the concerns, the British Columbia Securities Commission (BCSC) has issued a warning against Canadian Capital Markets, believing Canadian Capital Markets is not registered to trade in, or advise on, securities or derivatives in BC. This is a red flag for substantial risks associated with Canadian Capital Markets.To reduce such risks and have a safer trading environment, we strongly suggest investors stay away from unlicensed brokers like Canadian Capital Markets and instead opt for fully regulated ones.
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