Manitoba Securities Commission Fraud Prevention

Manitoba Securities Commission Logo
Call the tip line: 1-855-FRAUD-MB

Alerts & Cautions

Investor Caution: ProfitsTrade

Posted: August 25 2021

ProfitsTrade and profitstrade .com are not (and never have

been) registered in Manitoba to engage in the business of trading securities or advising anyone with respect to investing in, buying, or selling securities.

ProfitsTrade claims to be operating from London, United Kingdom, but lists its business address in Roseau, Dominica.

The UK’s Financial Conduct Authority (FCA) has also issued a warning on ProfitsTrade.

MSC recommends investors should always verify an individual or company’s registration at before making any investment.

Members of the public are advised to contact MSC if they believe they have been targeted by any type of investment fraud attempt. MSC’s anti-fraud line is 1-855-FRAUD-MB.