The New Brunswick Financial and Consumer Services Commission has warned investors that Monetra Trade, identified through the website monetra-ai.pro, is not registered to deal or advise in securities or derivatives in New Brunswick. The commission said investors should avoid dealing with firms that are not registered because there is no assurance of investor protections. The entity claims locations in Toronto, Sydney, Zurich and Hong Kong. The commission noted that the alert applies only to the entity identified above and that other businesses may use the same or a similar name. The notice also points investors to the National Registration Search tool to verify whether a firm or individual is registered, and to the commission's guidance on avoiding fraud involving crypto asset trading platforms.