Alert: Unauthorized use of websites (the “unlawful website”)

This notice is issued by the Financial Services Authority of Seychelles (“FSA/Authority”) drawing attention to the website: https://qtradealgo.com" The Authority takes note that the website refers to a company named “QuestTrade Algorithm/TradeStratIQ” claiming to be authorized and regulated by the Seychelles Financial Services Authority under license number “SD018”. Please be advised that the entity is not known, does not hold a valid license nor is it regulated by the FSA in any capacity and the website is not linked to any entity licensed or regulated by the FSA in any capacity.   

Furthermore, the FSA Seychelles urges investors and members of the public to exercise adequate research and evaluation on an entity, service providers, and representatives prior to conducting business and/or performing any transactions involving money exchanges or exchanges of personal details. The FSA also reminds the public that the Authority is not responsible should persons continue or maintain client relationship, or uses services provided with or by the aforementioned website.

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