The Case of BTC Trading Pro, Revivo Capital, and Giga Markets 365

Introduction: A Growing Threat to Canadian Investors

Imagine logging into a trading platform that promises lucrative returns on leveraged cryptocurrency, forex, and stocks, only to discover it’s all a facade. For many unwitting investors, this nightmare is becoming a reality. On October 3, 2025, the Canadian Investment Regulatory Organization (CIRO) issued a stark warning against three platforms—BTC Trading Pro, Revivo Capital, and Giga Markets 365—exposing them as fraudulent entities impersonating legitimate financial firms. These platforms have been leveraging fabricated credentials to lure Canadian investors into a web of deceit.

But how did these platforms manage to operate under the guise of legitimacy? And what does this mean for investors navigating the increasingly complex world of online trading? Let’s unpack the layers of this alarming scheme.

Key Takeaways:

BTC Trading Pro, Revivo Capital, and Giga Markets 365 are fraudulent platforms impersonating legitimate financial firms.
These entities use fake CIRO credentials and cloned websites to appear credible, luring investors into scams.
SIG North Trading has no affiliation with these platforms and has taken legal action to address the impersonation.
Regulators like CIRO and FCA have issued warnings, exposing these platforms’ deceptive tactics and false claims.
Victims face financial losses and limited recourse, highlighting the importance of due diligence in online trading.

The Illusion of Legitimacy: How the Fraud Unfolded

At first glance, BTC Trading Pro (btctradingpro.com), Revivo Capital (revivocapital.com), and Giga Markets 365 (giga-markets365.net) appear professional and credible. Their websites boast sleek designs, CIRO membership logos, and registration numbers. They even claim to be “wholly owned subsidiaries” of SIG North Trading, ULC—a legitimate CIRO-registered Introducing Broker based in Vancouver.

However, beneath this polished exterior lies a carefully orchestrated scam. According to CIRO’s official Investor Alert, these platforms are not registered with the regulatory body in any capacity. Moreover, SIG North Trading, ULC has publicly confirmed it has no affiliation with these entities and has never authorized them to use its name or credentials.

The platforms’ tactics are chillingly sophisticated. By cloning CIRO membership badges and displaying fabricated registration numbers, they create an illusion of regulatory oversight. This deception is further bolstered by claims of offering leveraged trading on cryptocurrencies, forex, stocks, indices, and commodities—products that attract both seasoned and novice investors.

SIG North Trading Takes Action

SIG North Trading, ULC wasted no time in addressing the impersonation. Upon discovering the fraudulent activities, the firm promptly notified CIRO and began cooperating with law enforcement to trace the unauthorized entities. In a public statement, SIG North Trading clarified that it operates exclusively under the domain signorthtrading.com and does not offer retail leveraged trading products.

This swift response highlights the importance of vigilance among legitimate financial firms. It also underscores the challenges regulators face in combating increasingly sophisticated impersonation schemes.

A Broader Web of Deception: Giga Markets 365 Under Scrutiny

The plot thickens with Giga Markets 365. On October 14, 2025, the Financial and Consumer Services Commission of New Brunswick (FCNB) issued a caution identifying additional domains linked to the platform, including giga-markets.com and trader.giga-markets.com. The FCNB also revealed that Giga Markets 365 operates under alternate brand names such as Giga Markets 265 and Giga Markets.

What’s more troubling is the platform’s false claims of having offices in Montréal, QC, and London, UK. These claims were debunked by both Canadian and UK authorities. The UK Financial Conduct Authority (FCA) added Giga Markets to its warning list, stating that the firm is not authorized to provide financial services in the UK.

A Coordinated Effort to Deceive

An analysis by Finance Magnates on October 4, 2025, unveiled even more alarming details. BTC Trading Pro, Revivo Capital, and Giga Markets 365 share nearly identical website templates and impersonation tactics. Each platform displays SIG North Trading’s Vancouver address and identical “CIRO Member” footer graphics with a fabricated registration number—100086.

Further investigation into domain registration records revealed that btctradingpro.com and revivocapital.com were registered in mid-2025 using privacy-protected WHOIS data. This lack of transparency is a common hallmark of fraudulent operations.

The Real Cost of Fraudulent Platforms

For investors who fall victim to these schemes, the consequences are devastating. CIRO has confirmed that individuals dealing with BTC Trading Pro, Revivo Capital, or Giga Markets 365 have no regulatory recourse through its complaint mechanisms or the independent Ombudsman for Banking Services and Investments. Similarly, UK residents engaging with Giga Markets are denied access to the Financial Ombudsman Service or Financial Services Compensation Scheme.

The financial losses are compounded by emotional distress and a loss of trust in legitimate financial institutions. This underscores the urgent need for heightened awareness and due diligence among investors.

How to Protect Yourself: Takeaways for Investors

The case of BTC Trading Pro, Revivo Capital, and Giga Markets 365 serves as a stark reminder of the risks lurking in the online trading space. Here are key steps investors can take to safeguard their assets:

Verify Credentials: Use tools like the CSA National Registration Search and the FCNB Crypto Asset Trading Platform checklist to confirm a platform’s legitimacy.
Check Regulatory Warnings: Regularly review alerts from organizations like CIRO, FCNB, and FCA.
Be Skeptical of High Returns: Platforms promising unrealistic profits often operate outside regulatory frameworks.
Trust but Verify: Even if a platform appears professional, dig deeper into its claims and affiliations.

Conclusion: A Call for Vigilance

The rise of fraudulent platforms like BTC Trading Pro, Revivo Capital, and Giga Markets 365 highlights the growing sophistication of impersonation schemes in the financial sector. While regulators and legitimate firms like SIG North Trading are taking action, the onus ultimately falls on investors to remain vigilant.

As online trading continues to evolve, so too will the tactics of bad actors. The question remains: how can we strike a balance between innovation and security in this digital age? For now, one thing is clear—trust must be earned through transparency and accountability.

Stay informed. Stay cautious. And always verify before you invest.