Belize’s regulator issues warning, cease and desist order against FX firm Grizzly Limited

Belize’s International Financial Services Commission of Belize (IFSC) on Monday published a warning notice and cease and desist order against provider of Forex services Grizzly Limited.

The company operates via, where it claims to be regulated by the IFSC.

The regulator notes that Grizzly Limited is not licensed by the International Financial Services Commission of Belize or any other competent authority in Belize to engage in any type of trading business.

All those concerned are urged to take note and exercise extreme caution. Any person who is contacted by the representatives of Grizzly Limited is asked to get in touch with the IFSC by e-mail and to provide full details of such persons.


The section of Grizzly Limited’s website where the broker falsely claims to be regulated in Belize.

To view the official announcement from Belize’s IFSC, click here.

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Belize's regulator issues warning, cease and desist order against FX firm Grizzly Limited


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