Unlicensed offshore FX broker Finance Trades gets warning from Mauritius FSC

Mauritius financial regulator the Financial Services Commission (FSC) has issued a note that Novatec LLP is claiming to be an international company which provides its customers with an efficient trading platform for private investors to conduct their activity all over the world.

It purports to have its contact details as: 225 Kingstown Park Road P.O Box 1818, Kingstone St. Vincent and the Grenadines.

The FSC has recently been made aware that Novatec LLP is falsely purporting to be holding a licence as a Financial Firm issued by the FSC since 20 December 2016 (https://www.financetrades.com/about-us/).

The FSC hereby informs the public that Novatec LLP is not and has not at any time been licensed by the FSC.

The FSC therefore urges the public to exercise caution in respect of Novatec LLP.

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