Antares Trade has received a securities fraud warning from Canada’s British Columbia Securities Commission.

As per the
BCSC’s June 2nd warning
, the regulator writes they

are aware that Antares Trade accepts British Columbia (BC) residents as clients.

Antares Trade 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.

This is the equivalent of a securities fraud warning in other jurisdictions.

BehindMLM 
reviewed Antares Trade
 in May 2020. Through AND points, we concluded Antares Trade was running a Ponzi scheme.

Antares Trade is not registered to offer securities in any jurisdiction

The BCSC’s warning follows similar securities fraud warnings issued by
Belgium
and
Spain
.

🤖 Quick Answer

What securities warning did Antares Trade receive in British Columbia?
The British Columbia Securities Commission issued a fraud warning against Antares Trade in June 2024, stating the company accepts BC residents as clients despite lacking registration to trade securities or derivatives in the province. The regulator cautioned residents against engaging with unregistered firms.

Is Antares Trade registered to offer securities?
No, Antares Trade is not registered to offer securities in any jurisdiction. The company operates without proper regulatory authorization to trade in or advise on securities and derivatives in British Columbia or elsewhere.

What concerns did regulatory bodies raise about Antares Trade?
Regulators identified that Antares Trade accepted BC residents as clients while operating without registration. BehindMLM's analysis in May 2020 concluded the company operated as a Ponzi scheme, prompting the BCSC's subsequent fraud warning.

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