Foremost Trading LLC
Flagged by Autorité des marchés financiers · Quebec (CAN)
Official Warnings (1)
The Autorité des marchés financiers (the "AMF") cautions investors against solicitations carried out by foreign companies that offer Quebeckers access to software and investment systems in the derivatives market with the promise of substantial returns.
The companies solicit through such means as the telephone, e-mail, website advertising and social networking message postings. Generally, they offer access to a software or an investment system in exchange for payment of a few hundred dollars, or even thousands of dollars, while promising very attractive returns. Subsequently, these companies put investors in contact with a so-called brokerage firm to make a deposit for future transactions. As a selling point, these companies will usually use the possibility to be reimbursed if no profit has been generated upon the contract term.
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This information is sourced from IOSCO I-SCAN and official financial regulators. Inclusion in this database does not necessarily mean the firm has committed fraud - it may indicate they are not authorized to operate in a specific jurisdiction. Always verify directly with the relevant regulator before making investment decisions.