Company Information

Get to know Backers Securities Inc.

Backers Securities Inc. is an entity that purports to be a financial partner for navigating global financial markets. According to its website, the company specializes in providing a range of financial solutions, including trading in equities and fixed income securities, investment banking services, and personalized wealth management. However, the company is not registered with major financial regulators like the U.S. SEC or FINRA, despite using a New York address, and has been the subject of multiple warnings from Canadian securities regulators for soliciting residents without a license.

Industry

Financial InvestmentPRIMARY
Financial Other Service
Stock Broker

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Backers Securities Inc.

Canada

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.