Reason for this visit
Recently, investors have given feedback that they want to have good knowledge of regulated brokers in Australia. To meet their demand, the survey team this time visited YX Markets, a broker based in Sydney, Australia.
Regulatory information
According to the regulatory information, the broker YX Markets has an investment advisory license issued by ASIC and located at Level 4, 88 Phillip STreeT, SYDNEY NSW 2000. The survey team thus decided to have an on-site visit to this regulatory address for confirmation.
On-site visit
The survey team followed the address on the regulatory information to the office building at 88 Phillip Street, Sydney, Australia. The building named “Aurora Place” looks relatively new and grand. However, the team didn’t find the logo or other information of YX Markets outside the building.
To further verify whether the broker operates here, the team came to the 27th floor according to the regulatory information. Looking around, there was no logo or any other information of YX Markets throughout the floor.
Conclusion
The survey team confirmed after the on-the-spot visit that there is no office of YX Markets at the address mentioned in the regulatory information. Please be prudent when trading with this broker.
Disclaimer
The content is for informational purpose only, and shall not be taken as final order for making choice.
Website:http://yxfsvc.lmmt4.com/EN/
1-2 years | Suspicious Regulatory License | Counterfeit MT4/5 Software…
YX Markets
YX Markets
support@yxfsvc.com
(852) 29165130
Hong Kong
--
--
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.
For more comprehensive data
Please download WikiFX APP