The Financial Services and Markets Authority (FSMA) warns the public against the activities of The Future Trade which irregularly offers investment services in Belgium.
The Future Trade is a platform where professional traders trade Forex and crypto currencies with the money invested by consumers in the name and on behalf of these consumers.
In addition, the firm offers its members advantages and compensation that increase the more new members they recruit.
The Future Trade is not, however, authorized to offer financial services and products in Belgium. Moreover, the system proposed by The Future Trade exhibits features characteristic of a pyramid scheme. More information about this form of fraud is available on the website of the FSMA.
For all these reasons, the FSMA strongly advises against responding to any offers made by The Future Trade.
Would you like to enquire more generally as to whether a transaction being proposed complies with the financial legislation? Please use the search function on the FSMA website. You can also contact the FSMA directly via the consumer contact form.