Disclosure details -

The Seychelles Financial Services Authority

Year 2013Regulated by Government

The Seychelles Financial Services Authority（FSA） is an autonomous regulatory body responsible for the non-bank financial services in Seychelles. Established under the Financial Services Authority Act, 2013, FSA is responsible for permitting and regulating licenses, enforcing regulatory and compliance requirements, monitoring and supervizing the conduct of business in the non-bank financial services sector in Seychelles. The regulated activities include fiduciary services, capital market & collective investment schemes, insurance, gambling. FSA is also responsible for the registration of international business companies, foundations, limited partnership and international trust in Seychelles.

Disclose broker

Danger Unauthorized

XTrade Plus

Disclosure summary

Disclosure matching Website matching
Disclosure time 2024-08-21
Reason for punishment It has been brought to the FSA’s attention that the online trading platform XTrade+ (https://xtradeplus.com/) is claiming to be under the regulatory purview of the FSA. The public is hereby informed that XTrade+ does not hold any licences issued by the FSA to undertake such types of activities. Therefore, the entity is not being regulated by the FSA nor has it been in the past.

Disclosure details

Scam Alert - XTrade+ (13574840) and SD212

Regulatory Updates Scam Alert - XTrade+ (13574840) and SD212 This notice is issued by the Financial Services Authority ("FSA") pursuant to section 4(1)(m) of the Financial Services Authority Act, 2003 in relation to the trading platform, XTrade+. It has been brought to the FSA’s attention that the online trading platform XTrade+ (https://xtradeplus.com/) is claiming to be under the regulatory purview of the FSA. The public is hereby informed that XTrade+ does not hold any licences issued by the FSA to undertake such types of activities. Therefore, the entity is not being regulated by the FSA nor has it been in the past. The FSA strongly urges investors and members of the public to exercise caution in respect to the services offered by XTrade+. The Financial Services Authority 21 August 2024

Annex

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Danger

2022-12-05

Suspected scam involving IKICI