The Malta Financial Services Authority (MFSA) has become aware of an entity operating under the name of FxTrade Gains which has an internet presence at https://www.fxtradegains.com/ . The entity claims that “it holds a Category 3 Investment Services Licence …issued by the Malta Financial Services Authority (The MFSA)”.

This website is making unauthorised use and reference to the licence number, registered address, and other company details of a Maltese licensed company.

The MFSA wishes to alert the public that FxTrade Gains is NOT a Maltese registered Company NOR licensed or otherwise authorised by the MFSA to provide any forex trading services or other financial services which are required to be licensed or otherwise authorised under Maltese law. Furthermore, information available to the MFSA suggests that FxTrade Gains is likely to be a scheme of dubious nature with a high risk of loss of money. The public should therefore refrain from undertaking any business or transactions with the above-mentioned entity.

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