Just last week, in a public warning the IFSC pointed out to a Forex Expert Advisor (EA) that had falsely claimed to be regulated as well.
Trade24 forgery caught by IFSC
This week, it came to the awareness of IFSC that TRADE24 Investments Ltd. is an entity fraudulently posing to possess an IFSC license for trading (derivative instruments - financial/commodity based and various other securities).
It was confirmed by the regulator - International Financial Services Commission of Belize that the Trade24 entity was unregulated and had no official license to undertake any trading services provision from either the IFSC or any other authority competent.
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Trade24 forged license details
The Trade24 forgery caught by IFSC indicated the falsified information used by the entity. The forged certificate included the following details:
License Number - IFSC/60/350/TS/15-16
Name of Applicant - Trade24 Investments Ltd.
Valid from - 1 September 2015 to 31 December 2016
Date Issued - 20 November 2015
Signed by - Mrs. Neri J. Matus (Director General - IFSC)
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