ROFX purports to be based in the United Kingdom, the United States and Hong Kong, and claims to be a fully automated trading solution for forex.

“We recently became aware of ROFX’s website and found its advertisement targeting British Columbia (BC) residents,” said the B.C. Securities Commission on Thursday.

“ROFX is 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.”

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