Zylo Trade has received a securities fraud warning from the British Columbia Securities Commission.

As per the
BCSC’s April 27th warning
;

Zylo Trade Limited claims to have offices in London, England, and it also claims to offer trading services and investment plans for forex, gold and cryptocurrencies.

We are aware that Zylo Trade Limited accepts British Columbia (BC) residents as clients.

Zylo Trade Limited 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.

As
reviewed here on BehindMLM
last November, Zylo Trade is a Boris CEO Ponzi scheme pitching daily returns of up to 4%.

SimilarWeb has tracked plunging Zylo Trade website traffic numbers over the past few months.

In January Zylo Trade’s website received ~14,000 visits. In February that climbed to ~41,000, before dropping to ~12,000 last month.

Due to the low numbers SimilarWeb doesn’t provide a geographical breakdown, but it’s possible BCSC’s warning coincides with Canadian recruitment of Zylo Trade investors in February.

Whatever the case, these numbers aren’t sustainable for an MLM Ponzi scheme.

Zylo Trade’s FaceBook page hasn’t been updated since March 6th, so it’s likely the scheme has or is on the verge of collapse.

🤖 Quick Answer

What is the Zylo Trade securities fraud warning?
The British Columbia Securities Commission issued a warning on April 27th regarding Zylo Trade Limited, which claims offices in London and offers trading services in forex, gold, and cryptocurrencies. The firm is not registered to trade or advise on securities or derivatives in British Columbia and illegally accepts BC residents as clients.

Why is Zylo Trade considered fraudulent?
Zylo Trade operates as a Ponzi scheme promising unrealistic daily returns up to 4%. Investigation by BehindMLM revealed the scheme's unsustainable structure. Additionally, SimilarWeb data shows significant decline in website traffic, indicating reduced investor interest and potential operational instability.

What should British Columbia residents do regarding Zylo Trade?
The BCSC advises BC residents to exercise caution with unregistered trading firms. Residents should avoid conducting

🔗 Related Articles

- Intelligence Prime Capital securities fraud warning from Canada
- Arkbit & ABC Holdings securities fraud C&D from Texas
- Beurax Review: Daily returns crypto trading Ponzi
- Avlitex securities fraud warning from Canada (ON)
- Avlitex trading fraud warning from Belgium