Stay away from this online trading company, FSC says

The BVI Financial Services Commission (FSC) has issued a statement to distance itself from GAEA Investment, an online company claiming to offer clients access to various markets. 

The FSC’s public statement aims to safeguard customers, creditors, and individuals who may have been approached for business by GAEA Investment. 

It also serves to inform the general public that GAEA Investment has never obtained authorisation or regulation from the FSC for conducting investment or financial services activities.

The domestic jurisdiction of GAEA Investment remains unclear, as their website does not provide this information.

The FSC’s statement reveals that GAEA Investment falsely represents itself as authorized and licensed by the FSC. They assert to provide clients with access to liquidity in currencies, commodities, stock markets, and trading in oil, precious metals, stock indices, blue-chip stocks, and cryptocurrency pairs. 

They utilize trading platforms such as Desktop Trader, Android Trader, and iOS Apple Trader. GAEA Investment falsely portrays itself as a globally licensed and regulated entity.

“The FSC hereby notifies the public that GAEA Investment (website address https://gaeainvestment.com/) is not registered as a business company in the BVI, and it has never received licensing or regulation from the FSC to engage in investment or any other financial services business within or from the Virgin Islands,” the statement read.

The FSC said it strongly advises the public to exercise extreme caution and refrain from conducting any business with GAEA Investment. The FSC further said it welcomes the public’s cooperation in providing any pertinent information regarding questionable entities purportedly operating within the territory or engaging in improper activities.