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BTrade
Regulators:
Can you help check if btrade is a legit platform?
Dear Investor,
BTrade claims to be operated by WSYM Technology LLC, a St. Vincent and the Grenadines registered Investment Firm, authorized and regulated by the Mwali International Services Authority (MISA) of the Comoros Union.
Upon investigation, we can confirm that WSYM Technology was listed as an authorised company by the Mwali International Services Authority (MISA). However, please note that MISA now lists the company as being in liquidation, which suggests that the company may not be operational and poses potential risks to investors.
Furthermore, we have confirmed WSYM Technology's registered status with the Saint Vincent and the Grenadines Financial Services Authority (FSA). However, please note that BTrade is only registered with the SVG FSA. This registration merely grants it International Business Company (IBC) status, which does NOT constitute a valid financial licence. The SVG FSA has publicly stated that it neither regulates nor licences forex trading activities.
These red flags raise serious concerns about fraudulent operations. Therefore, we strongly advise exercising extreme caution when trading with BTrade.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.


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