Google Translate Disclaimer

A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

Investor Alert: TudoFX

Released on March 2, 2022

The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) warns investors of the online trading platform TudoFX. This platform claims to offer Saskatchewan residents an opportunity to invest and trade in stocks, forex, crypto currencies, and contract for differences through its' online website at www.tudofx.com

In Saskatchewan, individuals or companies need to be registered with the FCAA to trade or sell securities or derivatives. TudoFX is not registered to sell or trade securities or derivatives in Saskatchewan.

The FCAA cautions investors and consumers not to send money to companies that are not registered in Saskatchewan, as they may not be legitimate businesses. Investors and consumers should also exercise extreme care when asked to transfer funds to a foreign country or when asked to grant remote access to a personal computer. 

The registration provisions of The Securities Act, 1988 and accompanying regulations are intended to ensure that only knowledgeable people are registered to sell securities and that their businesses are financially stable.

Tips to protect yourself:

  • Always verify that the person or company is registered to sell or advise about securities or derivatives. To check registration, visit The Canadian Securities Administrators' National Registration Search
  • Know exactly what you are investing in. Make sure you understand how the investment, product, or service works.
  • Get a second opinion and seek professional advice about the investment.

If you have invested with TudoFX, or anyone claiming to be acting on their behalf, contact the FCAA's Securities Division at 306-787-5936.

For more investor protection information, visit https://fcaa/gov.sk.ca/consumers-investors-pension-plan-members/investors.

-30-

For more information, contact:

Margherita Vittorelli
Financial and Consumer Affairs Authority
Regina
Phone: 306-798-4160
Email: margherita.vittorelli2@gov.sk.ca

We need your feedback to improve saskatchewan.ca. Help us improve