Warnings against IQtrade24, Utrade and BCG Wealth Group

Regulators from Canada and UK have warned against three unregulated investment services.

The British Columbia Securities Commission has placed on its blacklist IQtrade24, which is a binary options and Forex broker.

The broker says it has offices in the US and UK, but it’s probably not true, as it is not regulated as required by laws of these countries.

The Financial Conduct Authority from Britain has warned against Utrade and BCG Wealth Group.

Utrade is a currencies and cryptocurrencies broker from Romania. It is not regulated at all.

BCG Wealth Group is a service focused on wealth management, but likewise has no licence to provide financial services.

For trading use only regulated brokers.

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