Continuing a string of warnings against forex and binary options brokers targeting traders in Canada, Canadian securities regulator the Ontario Securities Commission (OSC) has issued a warning to investors regarding Zurich Prime, operating from website zurichprime.com.
The OSC actually issued two separate warnings – one to U-Nex Solutions SRL which the Zurich Prime website states is based in Romania and owns and operates the site, and the other to a company called U-Nex Global Ltd.
According to the OSC, Zurich Prime and the aforementioned companies are not registered in Ontario, Canada to engage in the business of trading in securities.
The OSC typically issues warnings regarding unlicensed companies that appear to be engaging in activities that may pose a risk to investors in its jurisdiction, and which are apparently targeting Canadian traders.
The OSC warnings can be seen on the regulator’s website here.