4XP Investments & Trading and Forex Place Ltd.

Date added:March 15, 2012
Address/Contact:

4XP Investments & Trading
CANADA
Telephone:  1-647-724-9959
Fax:  1-647-723-7520

Forex Place Ltd. 
Omar Hodge Building, P.O. Box 3163
Chera Chambers, Road Town, Tortola
British Virgin Islands (BVI)

 www.4xp.com (link no longer operational)

Background:

The website of 4XP Investments & Trading (4XP) was recently brought to our attention by a British Columbia resident.  4XP purports to be an on-line foreign exchange (Forex) broker.  In the “Terms and Conditions” section of its website, 4XP states that the client agreement is between its client and Forex Place Ltd. (Forex Place), a company incorporated in the BVI. 

 4XP and Forex Place are not registered in British Columbia to trade in, or advise on, securities and exchange contracts.

 We urge British Columbia residents to exercise extreme caution when dealing with firms that are not registered to trade or advise in British Columbia.