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asked May 8, 2017 by asha (1,990 points)

Why Hong Kong's SFC warns investors against Forex broker Metis Etrade?

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asked Apr 27, 2017 by Rickoo (1,990 points)

1 Answer

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answered Apr 27, 2017 by kit (2,260 points)

It is because the broker is operating from the site http://www.metisetrade.com, and lists its addresses at 11F Crawford House, 70 Queen’s Road Central, Hong Kong. However, the SFC said that the company is not located at this address. It also warned that it uses a bank account in Hong Kong in the name of United Global Payment, Limited for settlement.

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