AlfaTrade, Nemesis Capital Limited (together, the Parties)

Date added:March 16, 2016
Background:AlfaTrade, which claims to have an office in Bulgaria, purports to be a brokerage firm that offers trading in Forex, contracts for difference, commodities and indices.  Nemesis Capital Limited owns and operates AlfaTrade.

We recently became aware that a British Columbia (BC) resident was able to open an account with AlfaTrade.

The Parties are not registered to trade in, or advise on, securities or exchange contracts in BC.

We urge BC residents to exercise caution when dealing with firms that are not registered to trade or advise in BC.