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MagnumTrade claims to be located in Luxembourg and the United Arab Emirates. It also claims to offer different accounts for trading CFDs on forex, commodities, indices and stocks.

We are aware that MagnumTrade accepts British Columbia (BC) residents as clients.

MagnumTrade is not registered to trade in, or advise on, securities or derivatives in BC.

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

For information on how to become better informed about investment products and services, please visit InvestRight at