
On July 21, 2023, the Ontario Securities Commission (OSC) issued a warning against Keystone Market, 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/keystone-market
Firstly, Keystone Market fails to disclose its regulatory information and licensing data, which can be interpreted as a scam indicator, as legitimate brokers always prominently display such information.
Secondly, Keystone Market claims that it will do its best to comply with the rules set by the National Futures Association (NFA) even though it is not an member of the NFA. This is a contradictory statement. To truly abide by the law, the first thing to do is to become a member of NFA and accept the supervision of this regulatory agency.
At last, the Ontario Securities Commission (OSC) has issued a warning against Keystone Market, saying it is not registered in Ontario to engage in the business of trading in securities.
In essence, Keystone Market is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Firstly, Keystone Market fails to disclose its regulatory information and licensing data, which can be interpreted as a scam indicator, as legitimate brokers always prominently display such information.
Secondly, Keystone Market claims that it will do its best to comply with the rules set by the National Futures Association (NFA) even though it is not an member of the NFA. This is a contradictory statement. To truly abide by the law, the first thing to do is to become a member of NFA and accept the supervision of this regulatory agency.
At last, the Ontario Securities Commission (OSC) has issued a warning against Keystone Market, saying it is not registered in Ontario to engage in the business of trading in securities.
In essence, Keystone Market is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
BrokersView found that the domain "https://www.keystone-market.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://www.keystone-market.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.