Canada's IIROC Warns Investors Against Inter​ac​tive​Bro​ker​age​.net

The Investment Industry Regulatory Organization of Canada (IIROC) has issued a warning against the website InteractiveBrokerage.net.

InteractiveBrokerage.net is falsely representing itself to be the website for IIROC-registered firm Interactive Brokers Canada Inc., when in fact the genuine website is interactivebrokers.ca.

Some fake websites look nearly identical to the trusted institution's website with the same logo, brand, and likeness; others copy legitimate websites but change the firm's name and contact details. Calls to the phone numbers provided in the contact details typically reach a scammer pretending to be an employee of the IIROC-regulated firm.

Investors have recently contacted IIROC reporting cold calls being made to Canadians urging them to immediately open an account with "Interactive Brokers" through the fraudulent website InteractiveBrokerage.net.

The regulator urges Canadian investors to exercise caution when dealing with non IIROC-regulated firms. It advises investors to confirm if investment firms are registered with IIROC by visiting IIROC's website. Investors can also check the background, qualifications, and any disciplinary history of investment advisors registered with IIROC's free AdvisorReport.