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Scotia
Operating status: SCAM
Website: https://www.scotiaforex.com/
Broker violations and abnormal records
Scotia claims to be regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Canada MSB regulatory number: M19237073.
But FINTRAC does not regulate forex brokers or issue forex licenses, so having registration does not mean being authorized to provide financial services.
Scotia registered in Canada, we searched the Investment Industry Regulatory Organization of Canada (IIROC) but found no matching results.
The truth is that Scotia is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law.
Scotia is a scam.
Scotia claims to be regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Canada MSB regulatory number: M19237073.But FINTRAC does not regulate forex brokers or issue forex licenses, so having registration does not mean being authorized to provide financial services.Scotia registered in Canada, we searched the Investment Industry Regulatory Organization of Canada (IIROC) but found no matching results.The truth is that Scotia is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law.Scotia is a scam.BrokersView found that the domain "https://www.scotiaforex.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://www.scotiaforex.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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