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Finma Canada
Information by Research TrustFinance
Finma Canada presents itself as an international online broker providing access to global financial markets for retail clients. The company offers trading on a variety of asset classes through CFDs. According to its website, its legal entity is Finma Corp, which is registered as an International Business Company (IBC) in St. Vincent and the Grenadines. The company's branding and claimed Canadian address appear to target Canadian and international clients, however, its offshore registration means it operates outside the regulatory purview of major financial authorities. The name "Finma" is highly similar to the name of the Swiss Financial Market Supervisory Authority (FINMA), which has led to warnings from regulators about potential client confusion.
Canada
Industry
Forex
Financial