Hong Kong SFC Issues Investor Warning for Asia Pacific Futures Investment Limited
The SFC has advised that the website for Asia Pacific Futures Investment Limited is www.ytqmtfx.net. On the website, Asia Pacific Futures Investment Limited claims it provides financial services for several trading securities.
The Securities and Futures Commission (SFC) of Hong Kong has recently issued a warning about Asia Pacific Futures Investment Limited. In the warning, the Securities and Futures Commission has warned the entire investment community in Hong Kong about Asia Pacific Futures Investment Limited providing financial services.
According to the Securities and Futures Commission of Hong Kong, Asia Pacific Futures Investment Limited has been providing financial services without being unregistered. The particular financial services providing firm, as per SFC, is not licensed to provide its services to investors in Hong Kong.
Warning by SFC for Asia Pacific Futures Investment Limited
The warning from SFC is about Asia Pacific Futures Investment Limited being an unlicensed entity. Therefore, the platform does not have permission to operate in Hong Kong and provides its citizens with financial services. The platform does not have the permission of offering securities to the investors and other citizens of Hong Kong.
As the platform is unlicensed, no matter the service it offers, it is unaccounted for and can prove to be risky for investments. The Hong Kong regulatory authorities are extremely strict when it comes to regulating financial investment firms in the country.
No matter the trading service provider, it cannot operate in Hong Kong unless it has acquired proper authorization from the respective regulator. For financial services, it is the Securities and Futures Commission of Hong Kong that grants entities the ability to offer financial trading services.
Asia Pacific Futures Investment Limited is Unsafe to Trade with
In the warning, the Securities and Futures Commission of Hong Kong has shared its concern over the authenticity of Asia Pacific Futures Investment Limited. The SFC has revealed that Asia Pacific Futures Investment Limited has been posing as a licensed and authorized entity in Hong Kong to offer financial services. However, the SFC is not at all authorized to offer financial services to the citizens of Hong Kong.
Based on the above concern, the SFC has urged Hong Kong locals and the investor community to be vigilant when investing through Asia Pacific Futures Investment Limited.
As per the warning from the SFC, the investors must remain extremely alert and attentive when interacting with the Securities and Futures Commission. They must be cautious when dealing with the platform and investing in any of its assets.
Asia Pacific Futures Investment Limited has Provided Wrong Information
In the warning, the Securities and Futures Commission of Hong Kong has revealed that being unlicensed is not the only concern that it has. The platform is also using fake location for its base of operations that is reportedly misleading to the investors.
According to the SFC, the address Asia Pacific Futures Investment Limited has provided on its website is actually for a business center in Hong Kong. The regulator has revealed that the address provided by the platform is 29 Luk Hop Street, San Po Kong, Kowloon. At the given location, it is the Wang Fai Industrial Building where the office can be found in Room 8, 11/F.
The SFC has confirmed that the particular address does not lead to an office for Asia Pacific Futures Investment Limited. This suggests that the particular trading service provider has provided an incorrect address to the investors.
Information about Asia Pacific Futures Investment Limited
The SFC has advised that the website for Asia Pacific Futures Investment Limited is www.ytqmtfx.net. On the website, Asia Pacific Futures Investment Limited claims it provides financial services for several trading securities. Some of the major financial securities it has named include commodities, indices, stocks, and forex.
The platform also claims that it provides the investors with MetaTrader 5 (MT5), which is a world-renowned platform that is used for online trading. The platform claims to be providing extensive investment opportunities to the investors, asking for high deposits in order to make it happen.