TORONTO, Oct. 24, 2013 /CNW/ - The Ontario Securities Commission (OSC)
is cautioning Ontario investors about solicitations made by
International Youtrade Investments MA Ltd. and You Trade Holdings
Limited (YoutradeFX). YoutradeFX operates through the websites www.youtradefx.com and www.ytfxaffiliates.com.
YoutradeFX solicits investors to open trading accounts to conduct
electronic transactions on foreign exchange markets (Forex) and invest
in certificates for difference (CFD), in particular on precious metals,
indexes, commodities and stocks. These companies are not registered to
sell derivative products in Ontario and are purported to be located in
the United Kingdom and Mauritius respectively.
The mandate of the OSC is to provide protection to investors from
unfair, improper or fraudulent practices and to foster fair and
efficient capital markets and confidence in capital markets. Investors
are urged to check the registration of any person or company offering
an investment opportunity and to review the OSC's investor materials
available at www.osc.gov.on.ca.
If you have any questions or information relating to this matter, please
contact the OSC Contact Centre at 1-877-785-1555.
SOURCE: Ontario Securities Commission
For further information:
For Media Inquiries:
Manager, Public Affairs
Senior Media Relations Specialist
Media Relations Specialist
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For Investor Inquiries:
OSC Contact Centre
1-877-785-1555 (Toll Free)