The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) has issued a warning about the online entity Atomic Trade Limited.

Financial and Consumer Affairs Authority Executive Director Dean Murrison says Saskatchewan residents who are considering retail and do-it-yourself investment opportunities should make sure that they are dealing with legitimate entities by checking their registration status.

If an entity isn’t registered to trade or sell securities or derivatives, then they can’t do so in Saskatchewan and Atomic Trade is not registered.

FCAA says Atomic Trade claims to offer Saskatchewan residents an opportunity to invest in cryptocurrencies, currencies, stocks and commodities through its website.

FCAA urges Saskatchewan residents who have invested with Atomic Trade Limited or anyone claiming to be acting on their behalf to contact the FCAA’s Securities Division.