Islamabad, Nov 29: The Securities and Exchange Commission of Pakistan has issued a warning about an illegal trading platform operating under the name “IGIL Securities”.
This platform is being promoted through social media and WhatsApp groups, falsely claiming to be a legitimate entity offering substantial returns on trading in the Pakistan Stock Exchange (PSX) and international stock markets.
Key Points:
- Unlicensed Platform: “IGIL Securities” is neither registered nor licensed by SECP to conduct trading activities on PSX or other international stock exchanges.
- Illegal Trading: Public trading can only occur through SECP-licensed securities and futures brokers. A list of licensed brokers can be accessed through the SECP website.
- Public Advisory: The Securities and Exchange Commission of Pakistan has strongly advised the public not to invest or deposit funds with “IGIL Securities” or any similar unauthorized platforms.
Investors are urged to exercise caution and only engage with SECP-licensed brokers for any trading activities.
