The British Columbia Securities Commission (BCSC) has issued warnings regarding several online trading platforms. These platforms have been engaging with residents of British Columbia (BC) without the necessary registration to legally trade in or advise on securities or derivatives. If you’ve interacted with these platforms or have been affected by their operations, your insights could greatly benefit others. Here are the details:

1. Ultradx

• Date of Warning: 2024-03-19
• Contact: https://www.ultradx.com
• Background: Ultradx offers cryptocurrency trading services and accepts BC residents as clients. However, it is not registered for trading or advising in securities or derivatives within BC.

2. Advanta Wealth (Unrelated to UK’s Advanta Wealth Ltd.)

• Date of Warning: 2024-03-19
• Contact: https://www.advantawealth.co
• Background: Advanta Wealth claims to be based in the United Kingdom and offers accounts for trading in forex, cryptocurrencies, stocks, and real estate. Although it accepts BC residents as clients, it lacks registration to legally operate in securities or derivatives within BC.

3. FX Markets

• Date of Warning: 2024-03-19
• Contact: https://fxmarketsexchange.com
• Background: FX Markets offers accounts for trading CFDs in forex, cryptocurrencies, commodities, indices, and stocks and accepts BC residents. However, it is not registered to trade or advise in securities or derivatives in BC.

Sharing your story could help prevent others from falling victim to unregistered or fraudulent operations if you’ve had dealings with these or similar platforms.