Investor Cautions List

Investment offers can come from anywhere in the world. The law in Nova Scotia requires that:

  • Individuals and entities that appear to be in the business of offering/selling securities or derivatives to Nova Scotians must be registered with the Commission, unless an exemption applies. 
  • Investment products that are offered or sold to Nova Scotians must be offered or sold as part of a prospectus offering, unless an exemption applies.


Investor Cautions
are warnings to potential investors that the individuals or entities named do not appear to be registered to engage in the business of offering securities or derivatives in Nova Scotia or that the investment products do not appear to be offered in a manner permitted by Nova Scotia securities laws. The Commission urges investors to use extreme caution when dealing with unregistered individuals or entities as they could be running a scam or fraud.

This list is non-exhaustive and investors should still conduct their own research on the investment opportunity before investing.


December 17, 2024
LMAX International / LMAX International Group / LMAX International Ltd / LMAX International UK Ltd / LMAX International Europe Ltd / LMAX International South Africa (Pty) Ltd / LMAX International Asia Ltd
https://lmax-international.net

Claims to be located at:
3rd Floor, 27 - 32 Old Jewry
London EC2R 8DQ, England

Kedron 9, Mesa Geitonia
4004 Limassol, Cyprus

The Pavilion, Cnr Dock and Portswood Rd.
V and A Waterfront, 8001, Cape Town

3, F28-F29 Eden Plaza
Eden Island, Mahe, Seychelles

Unit B, Lot 49, 1st Floor, Block F,Lazenda Warehouse 3
Jalan Ranca-Ranca, 87000 F.T. Labuan, Malaysia

Known regulator alerts / cautions:
Seychelles Financial Services Authority
UK Financial Conduct Authority (clone firm)

Note to reader: Please do not confuse with other legitimate entities containing LMAX as part of their business name such as LMAX BROKER LIMITED and LMAX Limited. 


November 5, 2024
SMT Capital/SMT Capital Limited/SMT Capital Ltd./SMT Capital Trading
https://www.smttradingcaptial.com

Claims to be located at:
United Kingdom

Known regulator alerts/cautions:
Ontario Securities Commission
Alberta Securities Commission


November 4, 2024
HQTA
http://hqta.et / www.hqta.net

Claims to be located at:

1800 Argyle St. Est (Trade Centre Office Tower
Halifax, NS, Canada
B3J 3N8

Rue du Pre de la Bichetter 1 (Mations Business Centres)
1202 Geneva, Switzerland

Known regulator alerts/cautions:

Ontario Securities Commission
Albert Securities Commission


August 8, 2024
FXT Trades/ FXT Trades Investment
https://www.fxt-trades.com/ 

Claims to be located at:
United Kingdom

Other possible locatons:
65 Winchcombe Road
Carshalton, UK
SM5 1RR

Known regulator alerts/cautions:
UK Financial Conduct Authority


July 25, 2024
Valiant Markets
https://valiantmarkets.mypixieset.com/
https://www.valiantmarkets.com/

Associated with:
Allegiant Metals Group
Global Tech Holdings Ltd.

Claims to be located at:
c/o Global Tech Holdings Ltd. (aka Valiant Markets)
23 Stasinou Street 2nd and 3rd Floor
2404 Engomi, Nicosia, Cyprus

Other possible locations:
Saint Vincent & Grenadines
United Kingdom
Los Angeles, California
Arizona,
British Columbia, Canada

Known regulator alerts/cautions:
British Columbia Securities Commission
Alberta Securities Commission
Manitoba Securities Commission
Ontario Securities Commission


June 26, 2024
AvaTrade / Avatrade
www.avatrade.com 
https://www.avatrade.com/home-v2 

Associated with:
DT Direct Investment Hub Ltd.
ATrade Ltd.
Ava Trade Middle East Ltd.
Ava Trade Japan K.K.
Ava Capital Markets Pty
Ava Capital Markets Australia Pty Ltd.
Ava Trade Markets Ltd.
Ava Trade EU Ltd.

Claims to be located at:
Dockline, Mayor Street,
Dublin 1,
D01 K8N7,
Ireland

Ava Capital Markets Pty Ltd C/O WeWork
Ground Floor, 320 Pitt Street
Sydney, Australia  NSW 2000

Avda.
Vitacura 2670,
Oficina 1505, piso 15,
Las Condes, Chile

203 Bukit Bintang,
55100 Kuala Lumpur, Malaysia

Viale Enrico Forlanini 23
20134
Milano, Italy

Minatoku Akasaka
2-18-1
Tokyo, Japan

Park Plaza Santa Fe Floor 5
CDMX Mexico

MNTower – number 1402#
Mongolia

Ul. Konstruktorska 11
02-673 Warszawa
Poland

Nelson Mandela Square
Office towers West, 2nd Floor, Sandton
Johannesburg, South Africa

Suite 307, 15th Floor
Al Sarab Tower , ADGM Square 
Al Maryah Island, Abu Dhabi, United Arab Emirates

Other possible locations:
British Virgin Islands
Cyprus
Israel

Known regulator alerts/cautions:
Autorite des Marches Financiers
Ontario Securities Commission
Manitoba Securities Commission

Note to reader:
Do not confuse with AvaTrade Technology (www.avatrade.ca)


June 25, 2024
Canadian Capital Markets
https://canadiancapitalmarkets.com/ 

Possible locations:
Tempe, Arizona

Known regulator alerts/cautions:
Autorite des Marches Financiers
Alberta Securities Commission
British Columbia Securities Commission


June 25, 2024
Tesla SpaceX Investments
https://tesla-spacexinvest.com/ and https://teslastockspaceinvest.com 

Claims to be located at:
Gigafactory Texas, Austin, Texas, US


May 14, 2024
Call4trade / Call 4 Trade
https://www.call4trade.com/

Claims to be located at:
39-42 New Bond St
London UK
W1S 2SQ

Other possible locations:
Burlington, Massachusetts, US

Known regulator alerts/cautions:
Ontario Securities Commission
Autorite des Marches Financiers
Manitoba Securities Commission
Alberta Securities Commission
British Columbia Securities Commission


May 9, 2024
Seven Seas/Seven Seas Exchange/Seven Sea Crypto
https://www.sevenseas.exchange/

Possible locations:
California

Note to reader:
Please note this is not to be confused with "Seven Seas Capital Management Inc."


April 22, 2024

Magnum Holdings / Magnum Holdings Limited
https://magnumholdings.io/

Claims to be located at:
Regus-Oslo City
C.J. Hambros plass 2c,
0164 Oslo, NorwayJupiterfaret 19, DRAMMEN, NO l Norway

Other possible locations:
Saint Kitts and Nevis


April 10, 2024
TLG Corp Limited / TLG/ TLG Group
https://tgl.inc/

Claims to be located at:
1 Canada Square,
London, UK
E14 5DY

Known regulator alerts/cautions:
Alberta Securities Commission
British Columbia Securities Commission
Financial and Consumer Services of New Brunswick


March 4, 2024
Mayrsson TG
https://mayrssontg.com/

Claims to be located at:
Arne Jacobsens Allé 13, 2300 København, Denmark

Other possible locations:
Iceland
India


February 8, 2024
Reltex Group / Reltex group
https://reltexg.com/ 

Possible locations:
Iceland


February 8, 2024 (Updated July 25, 2024)
Allegiant Metals Group
https://allegiantmg.com/

Associated with:
Valiant Markets (update)

Claims to be located at:
1959 Upper Water Street 
Halifax, NS, Canada  B3J 3N2

100 King Street West
Toronto, ON, M5X 1C9 (update)

Tower 42, 25 Old Broad Street 
London, UK  EC2N 1HQ

Ocean Financial Centre 
10 Collyer Quay 
Singapore 049315

Emirates Towers 
Sheikh Zayed Road 
Dubai, UAE

Other Possible Locations:
Los Angeles, California, US

Known regulator alerts/cautions:

Alberta Securities Commission
Financial and Consumer Affairs Authority of Saskatchewan


February 6, 2024
Meta Bank Wallet/Meta Bank
https://metabankwallet.com/

Claims to be located at:
24 Cabot Square
London, United Kingdom
E14 4QT

Other possible locations:
Canada
Phoenix, Arizona

Known regulator alerts/cautions:
Ontario Securities Commission
Autorite des Marches Financiers


January 3, 2024
Updated April 30, 2024

Necosmart
http://necosmart.com

Claims to be located at:
10060 Jaser Ave, Tower 1, Suite 2020
Edmonton, Alberta
T5J 3R8

#219, 6203 28 Avenue 
Edmonton, Alberta
T6L 5P1 (updated)

Other possible locations:
Tempe, Arizona (updated)


January 3, 2024
Invictet
https://www.invictet.com/

Possible locations:
Reykjavik, Iceland 


January 3, 2024
Trade Galactica
https://tradegalactica.com/ 

Claims to be located at:
1 Canada Sq
London, United Kingdom
E14 5AB

Other possible locations:
Denver, Colorado


December 19, 2023
Imperial Invest
https://imperial-invest.io/ 
https://cfd.imperial-invest.io/
https://imperialinvest.io 

Claims to be located at:
1 Thomas More Square
London, England, UK
E1W 1YN

Other possible locations:
Saint Kitts and Nevis

Known regulator alerts/cautions:
British Columbia Securities Commission


December 19, 2023
Intelex
Intelex.io

Claims to be located at:
7 St.Petersgate 
Stockport  
Sk1 1E8

Other possible locations:
Saint Kitts and Nevis


December 19, 2023
OneFXGroup/FxGroup
Onefxgroup.com

Claims to be located at:
MGDA Holdings
50 N Wall Quay
Dublin , Ireland

Other possible locations:
Saint Kitts and Nevis

Known regulator alerts/cautions:
British Columbia Securities Commission


December 19, 2023
Altercoin
alter-coin.net

Possible locations:
Washington, US
Canada
United Kingdom
Southern Europe
Southeast Europe

Known regulator alerts/cautions:
Manitoba Securities Commission
British Columbia Securities Commission


December 19, 2023
Coinsdrom
coinsdrom.com

Claims to located in:
Lithuania

Other possible locations:
Arizona, US

Known regulator alerts/cautions:
Alberta Securities Commission
Autorite des Marches Financiers


December 19, 2023
BitSquared

bitsquared.com

Possible locations:
Arizona, US


December 5, 2023
Solution-FX/Solution FX
https://solution-fx.com/

Claims to be located at:
London, United Kingdom

Known regulator alerts/cautions:
Manitoba Securities Commission


October 31, 2023
Global Investment Solutions
GISMarkets.net

Claims to be located at:
2 London Wall Buildings
London
EC2M 5PP
United Kingdom


October 31, 2023
ALPHABTC/ ALPHA BTC/ ALPHA Bitcoins Investments
https://alphabitcoin-investment.com/ 

Claims to be located at:

Alpha International Holy Trinity Brompton
Brompton Road, Knights Bridge, 
London, UK  SW7 1JA

Other possible locations:
South Africa


October 31, 2023
Investments Global
https://investmentsglobal.com/

Claims to be located at:
United Kingdom

Other possible locations:
Reykjavik, Iceland
Capital Region, Iceland
European Union
European Economic Area

Known regulator alerts/cautions:
Autorite des Marches Financiers
Ontario Securities Commission
Alberta Securities Commission
British Columbia Securities Commission


October 20, 2023
CapitalsWise
https://www.capitalswise.com/ 

Claims to be located at:
122 Leadenhall St., London EC3V 4AB, United Kingdom

Known regulator alerts / cautions:
Financial Conduct Authority (United Kingdom)

Note to reader:
Please note the extra “s”. Do not confuse with “Capitalwise”.


August 24, 2023
Prime Assets Mine/PrimeAssetsMine
https://primeassetsmine.com

Claims to be located at:
894 Blue Rocks Road
Lunenburg, Nova Scotia, Canada

Other possible locations:
United Kingdom
Anambra State, Nigeria


 

August 17, 2023
MEXC
https://www.mexc.com/

Possible locations:
Arizona, US
Republic of Singapore
People's Republic of China


August 17, 2023
Imperial Invest
https://imperialinvest.io/

Claims to be located at:
1 Thomas More Square
London E1W 1YN
United Kingdom

Other possible locations:
Charleston, Federation of Saint Kitts and Nevis


May 24, 2023
BTI/Bawerk Trading & Investment
https://www.bti-ic.net/index.html

Claims to be located at:
Baslerstrasse 60, 8048 Zürich, Switzerland

Known regulator alerts/cautions:
Swiss Financial Market Supervisory Authority (Switzerland)
Financial Conduct Authority (United Kingdom)


April 19, 2023
XT Exchange/XT.COM Exchange/XT.com
www.xt.com

Associated with:
BZ Limited

Claims to be located at:
Dubai, UAE
Seychelles
Singapore
Europe
Shanghai, China

Known regulator alerts/cautions:
Autorite des Marches Financiers


March 17, 2023
FiatVisions
www.fiatvisions.com

Associated with:
Green Point Technology Ltd.

Claims to be located at:
132 St. Jean Rd, 5th Floor Orbis Court
Quatre Bornes, Mauritius

Known regulator alerts/cautions:
Autorite des Marches Financiers
Alberta Securities Commission


March 13, 2023
Tesler Trading Systems 
https://tesler.software/

Claims to be located at:
United Kingdom

Known regulator alerts/cautions:
Alberta Securities Commission


March 10, 2023
Crypto Lloyds Ltd./Crypto-lloyds/Crypto-lloyds.com
www.crypto-lloyds.com

Claims to be located at:
United Kingdom
Cyprus
Canada

Known regulator alerts/cautions:
Alberta Securities Commission


March 9, 2023
XpresTrade/XPT/XpresTrade Forex Robots
https://xprestrade.com/

Associated with:
Signix LTD. (Marshall Islands)
Tera Solutions

Claims to be located at:
Ajeltake Road, Ajeltake Island, Majuro
Marshall Islands, MH96960

3 Lyuleburgas Street,
Floor 3 Oborishte District,
Sofia, Bulgaria

Known regulator alerts/cautions:
Autorite des Marches Financiers


March 7, 2023

Bitchain
https://bitchain.info/ 

Claims to be located at:
United Kingdom
Germany

Other possbile locations:
Arizona, US

Known rgulator alerts/cautions:
Alberta Securities Commission


March 7, 2023
Prestige Coin
https://prestige-coins.com/

Claims to be located at:
Leutschenbachstrasse 95, 8050 Zurich, Switzerland

Other possbile locations:
Arizona, US

Known regulator alerts/cautions:
Alberta Securites Commission


March 7, 2023
Titan Trader/TitanTrader
https://www.titantrader.net/

Claims to be located in:
Canada
Sweden

Other possible locations:
Arizona, US


March 7, 2023
Crypto-Guider/Crypto-Guider.com
https://crypto-guider.com/

Possible locations:
Estonia
Arizona, US

Known regulator alerts/cautions:
Autorite des Marches Financiers
Alberta Securities Commission


March 7, 2023
Wii Crypto/WiiCrypto
https://wiicrypto.com/ 

Possible locations:
Estonia
European Economic Area (28 European Union States plus Iceland, Norway and Liechtenstein)
Colorado, US

Known regulator alerts/cautions:
Alberta Securities Commission


March 7, 2023
Gammaron
https://gammaron.com/en

Associated with:
Global Xsolutions UAB (aka Global Xsolutions) 

Claims to be located at:
99 G.s Rakovsky Street 
Sofia, Bulgaria

Other possible locations:
Reykjavik, Iceland

Known regulator alerts/cautions:
Office of the Superintendent of Securities in Newfoundland and Labrador
New Brunswick Financial and Consumer Services Commission
Authorite des Marchs Financiers
British Columbia Securities Commission


March 7, 2023
Fin Tech Platform
https://fintechplatform.pro/

Claims to be located at:
Trust Company Complex, Ajeltake Road,
Ajeltake Island, Majuro,
Marshall Islands MH96960

Other possible locations:
Arizona, US


March 2, 2023
Traders Herald Ltd./Traders Herald/TradersHerald Ltd.
www.tradersherald.com
www.facebook.com/groups/292967789493830

Claims to be located at:
1660 Hollis Street, Halifax, Nova Scotia

Other possible locations:
Reykjavik, Iceland


October 6, 2022
ETradeMarkets.net
https://etrademarkets.net/

Claims to be located at:
London, UK

Other possible locations:
Georgia, US

Known regulator alerts/cautions:
IIROC


September 16, 2022
Cryptoportfolio/Crytoportfolio.pro/Cryptoportfolio.live

www.cryptoportfolio.pro|www.cryptoportfolio.live

Claims to be located at:
England, UK

Other possible locations:
Arizona, US


September 6, 2022
Lencher Expro LLC
https://tradevision-group.net/ | https://smart-trade-group.com/

Associated with:
Trade Vision Group, Smart Trade Group

Claims to be located at:
First Floor, First St Vincent Bank LTD Building, James Street
Kingstown, St Vincent and the Grenadines

Other possible locations:
Reykjavik, Iceland

Known regulator alerts/cautions:
Authorite des Marchs Financiers (Search ExPro LLC)
New Brunswick Financial and Consumer Services Commission
Financial and Consumer Affairs Authority of Saskatchewan
Financial and Consumer Affairs Authority of Saskatchewan
British Columbia Securities Commission


September 6, 2022
Smart Trade Group/Smart Trade
https://smart-trade-group.com/|https://tradevision-group.net/ 

Associated with:
Trade Vision Group, Lecnher Expro LLC

Claims to be located at:
8 Kew Court
Pynes Hill, Exeter, UK
EX2 5AZ

and

265 Aldercrest Road
Etobicoke, Ontario
M8W 4J9

Other possible locations:
Reykjavik, Iceland

Known regulator alerts/cautions:
Financial and Consumer Affairs Authority of Saskatchewan
British Columbia Securities Commission
New Brunswick Financial Consumer Services Commission
Financial and Consumer Affairs Authority of Saskatchewan
Autorite des Marches Financiers - (Search ExPro LLC)


September 6, 2022
Trade Vision Group

https://tradevision-group.net/|https://smart-trade-group.com/ 

Associated with:
Smart Trade Group, Lencher Expro LLC

Claims to be located at:
First Floor, First St Vincent Bank LTD Building, James Street
Kingstown, St Vincent and the Grenadines

Other possbile locations:
Reykjavik, Iceland

Known qregulator alerts/cautions: 
New Brunswick Financial and Consumer Services Commission
Financial and Consumer Affairs Authority of Saskatchewan
Financial and Consumer Affairs Authority of Saskatchewan
British Columbia Securities Commission
Autorité des marchés financiers - (Search “ExPro LLC”) 


September 2, 2022
Jet Capitals/JetCapitals/Jets Capital

https://jetscapital.com|https://jetcapitals.com|https://jets.capital/ 

Claims to be located at:
London, UK, 

Other possbile locations:
United Arab Emirates
Colorado, US

Known regulator alerts/cautions: 
Ontario Securities Commission


September 1, 2022
Maxi Capital Ltd.

www.maxicapital.group

Claims to be located at:
Trust Company Complex
Ajeltake Road, Ajeltake Island, Majuro
Republic of the Marshall Islands, MH96960

Other possbile locations:
Europe
Moscow, Russia
London, UK
Czech Republic

Known regulator alerts/cautions: 
Investment Industry Regulatory Organization of Canada