This notice is issued by the Financial Services Authority ("FSA") pursuant to section 4(1)(m) of the Financial Services Authority Act, 2003 in relation to the trading platform, XTrade+.
It has been brought to the FSA’s attention that the online trading platform XTrade+ (https://xtradeplus.com/) is claiming to be under the regulatory purview of the FSA. The public is hereby informed that XTrade+ does not hold any licences issued by the FSA to undertake such types of activities. Therefore, the entity is not being regulated by the FSA nor has it been in the past.
The FSA strongly urges investors and members of the public to exercise caution in respect to the services offered by XTrade+.
The Financial Services Authority
21 August 2024