A couple of weeks after Australian Forex broker MahiFX complained about Great Trade misusing its data, Belize’s International Financial Services Commission says the certificates on Great Trade’s website are forged.
Belize’s watchdog warns against MahiFX’s clone
A follow-up on LeapRate’s earlier story of MahiFX’s clone Great Trade…
The International Financial Services Commission of Belize (IFSC) has paid attention to Great Trade and has found out that that the company is fraudulently claiming to be registered in Belize and authorized to provide Forex services.
The regulator notes that no such company is registered or licensed in Belize and the Certificate of Incorporation and Good Standing posted on its website www.great-trade.net is a complete forgery.
The forged certificates.
Earlier this month, MahiFX, which is registered in Australia and New Zealand, warned that Great Trade is misusing its information, including names and pics of its top executives. MahiFX notes that it is in no way associated with Great Trade.
To view the warning on Belize’s IFSC website, click here.
David Hobart
David Hobart is Managing Director of FinAffiliates Limited, the UK media group behind LeapRate, AskTraders and a network of more than 30 financial and trading titles published across several languages and regulated markets. He writes on the commercial side of the industry: broker marketing, client acquisition, affiliate strategy and the editorial standards that hold it together. He is based in North Norfolk.
