The BCSC became aware of Cap Growth FX after finding that the firm had solicited a British Columbia resident.
The British Columbia Securities Commission (BCSC), one of the thirteen provincial financial regulators in Canada, has added investment firm Cap Growth FX to its ever-growing Investment Caution List, according to a BCSC statement today.
The BCSC became aware of Cap Growth FX after finding that the firm had solicited a British Columbia (BC) resident and opened a trading account for him, without authorisation. The BCSC has therefore urged investors to use caution when dealing with this brand.
Cap Growth FX, operating online under the url www.capgrowthfx.com, offers clients a range financial services through opening and managing trading accounts.
According to the BCSC's statement, this firm is not registered to trade in or advise on securities or exchange contracts in BC and is one of many alerts issued by the watchdog which involve unauthorised soliciting or contact with retail investors in Canada by unlicensed brokers.