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Ontario’s regulator warns of forex, CFD broker Aidan Trading

The Ontario Securities Commission (OSC) has published a warning against the forex and CFD broker Aidan Trading.


According to the regulator, Panama-based Aidan Trading Corp. also operating as Aidan Trading and doing business as www.aidantrading.com is not registered in Ontario, Canada to engage in the business of trading in securities.


The broker has already appeared in a warning from another Canadian regional regulator – the British Columbia Securities Commission earlier this year. According to it, Aidan Trading has solicited British Columbia residents, without having the license to offer securities in the province.


Our check on Aidan Trading’s site showed that the company claims to be run by forex professionals and offers trading in forex pairs, forex and metals options and CFDs. However, we could not find neither an address, nor any regulatory information.


Generally we advise our readers to avoid dealing with such dubious and unregulated companies. Most often than not, they are nothing but a scam that rips off its clients.



TAGS: osc  ontario  warning  aidan trading 
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