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Reltex Group

Company Name:Reltex Group
Website:reltexg.com
Supposed Address:
Phone:+14375238075
Email:[email protected]

Reltex Group Overview and Regulation

Choosing an online trading platform requires careful consideration. Many platforms offer a variety of assets, but a reputable one should prioritize transparency and security. Unfortunately, ReltexGroup exhibits several red flags that raise concerns about its legitimacy.

Transparency concerns abound, as Reltex Group fails to disclose crucial information:

  • Legal Status: No details regarding the company’s legal status are available, raising questions about its legitimacy.
  • Location: The company’s operational address remains undisclosed, hindering accountability.
  • Regulation: Most importantly, Reltex Group lacks any mention of being regulated by a recognized financial organization.

These missing pieces are major warning signs often associated with scams. Additionally, while Reltex Group appears to target Canadian citizens, it’s worth noting that several North American financial regulators, including the OSC, BCSC, and AMF, have issued warnings against them following user reports.

Regulatory Alert

March 26, 2024: The Autorité des marchés financiers (AMF) has issued a warning, Reltex Group is not authorized to solicit investors in Québec.

May 28, 2024: The Ontario Securities Commission (OSC) advises consumers that Reltex Group is not registered in Ontario to engage in the business of trading in securities.

July 12, 2024: The British Columbia Securities Commission (BCSC) has added Reltex Group to its Investment Caution List.

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FAQ

Is Reltex Group a regulated trading platform?

No, Reltex Group is not regulated by any recognized financial organization.

Have financial authorities issued warnings about Reltex Group?

Yes, multiple North American regulators, including the AMF, OSC, and BCSC, have issued warnings against ReltexGroup.

Should I consider investing with Reltex Group?

No, given the lack of regulation and multiple warnings from financial authorities.

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