The New Brunswick Financial & Consumer Services Commission issued an investor warning that CapricornXPro is not registered to deal or advise in securities in New Brunswick and advised investors to avoid engaging with unregistered firms where investor protections may not apply. The alert identifies CapricornXPro as operating through capricornxpro.net and located in the United Kingdom, with other names used including CapricornX.net and Trade.CapricornXPro.net. Complainants reported receiving an email from a company called Quantum before being directed to invest on the CapricornXPro crypto trading platform. The Commission noted the warning does not apply to other businesses with the same or similar name, and pointed investors to the National Registration Search tool and its guidance on avoiding fraud involving crypto asset trading platforms. Similar investor alerts were also issued by the Manitoba Securities Commission and Quebec's Autorité des marchés financiers.
New Brunswick Financial & Consumer Services Commission 2025-09-16
New Brunswick Financial & Consumer Services Commission warns investors that CapricornXPro is not registered to deal or advise in securities
The New Brunswick Financial & Consumer Services Commission issued a warning against CapricornXPro, which is not registered to deal or advise in securities in New Brunswick. The alert highlights the firm's operations through various websites and advises investors to avoid unregistered firms. Similar warnings were issued by the Manitoba Securities Commission and Quebec's Autorité des marchés financiers.