FOR IMMEDIATE RELEASE
June 4, 2020

MSC Issues Caution on IFC Markets

Winnipeg -The Manitoba Securities Commission (MSC) is issuing a caution to Manitobans on IFC Markets and ifcmarkets.com – a company offering Forex and CFD trading, which is advertising on Manitoba classified websites.

IFC Markets marketing is taking advantage of the COVID-19 crisis in order to attract Canadian investors. The site makes reference to “excellent trading conditions” in reference to the international pandemic.

The company claims to be operating in the British Virgin Islands and Malaysia.

IFC Markets and www.ifcmarkets.com are not, and have never been, registered to trade securities in Manitoba, and are in violation of The Securities Act. The company is not registered in any other Canadian jurisdiction.

MSC recommends investors should always check an individual or company’s registration at aretheyregistered.ca before making any investment.

Members of the public are advised to contact MSC if they believe they have been targeted by any type of investment fraud attempt. MSC’s anti-fraud line is1-855-FRAUD-MB.

The public can also visit recognizeinvestmentfraud.com for more information on common investment frauds and scams.

The Manitoba Securities Commission is a division of the Manitoba Financial Services Agency, a Special Operating Agency of the Government of Manitoba that protects investors and promotes fair and efficient capital markets throughout the province. 

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Media Inquiries:

Jason Booth, Communications Coordinator, MSC  |  204.945.1660 |  jason.booth@gov.mb.ca