The CSSF warns the public of the activities of the company Markets Live Inc (IM MASTERY ACADEMY) (website: https://im.academy/) which offers subscriptions for various training and software solutions to accompany potential investors in activities related to trading in forex products and contracts for differences (“CFDs”). The company International Markets Live Inc targets especially a young audience on the Luxembourg territory and mainly advertises on social media. The arguments used always remain the same: win a lot of money on the financial markets by following their various training. The CSSF was informed that a promotional event will soon take place in Luxembourg to attract new members.
The CSSF would like to remind the public that trading in forex products and CFDs involves great risks and that most retail investors would not be able to manage these risks and could lose their investment.
The CSSF informs the public that the company International Markets Live Inc is unknown to the CSSF and that it has not been granted any authorisation to provide financial services in or from Luxembourg.
This news item was originally published by the Commission de Surveillance du Secteur Financier (CSSF LU). For more information, please see the Source Link.
