CSA issued a warning against OneFxGroup

Brokers become so advanced that they act like real ones. Consumers can't spot the difference between legitimate and fake brokers in this advanced era. Though financial regulators all over the world, are working hard to protect consumers.

On January 21, 2024, Canadas Financial Regulator, the Canadian Securities Administrators, issued a warning against a firm called OneFxGroup.

The authority stated that OneFxGroup (onefxgroup.com) is not registered with theAutorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.

About CSA

The Canadian Securities Administrators (CSA) is the umbrella organization of Canadas provincial and territorial securities regulators whose objective is to improve, coordinate and harmonize regulation of the Canadian capital markets.

It aims to achieve consensus on policy decisions which affect our capital market and its participants. It also aims to work collaboratively in the delivery of regulatory programs across Canada, such as the review of continuous disclosure and prospectus filings.

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