In order to help investors know more about the regulated FX brokers in Australia, this time the inspection team went to Sydney, Australia to visit the broker East Oriental Trading as planned.
The broker East Oriental Trading holds a MM license authorized by ASIC. According to the regulatory information, its registered address is: INTERNATIONAL CAPITAL MARKETS PTY, Level 4, 50 Carrington Street SYDNEY NSW 2000. The inspection team set out for this place.
The inspection team arrived at the office building located at 50 Carrington Street. No logo of East Oriental Trading is found at the entrance area of the building.
The inspection team entered the building, and found out from the signboards in the lobby that Level 4 is the office place of IC Market, not East Oriental Trading.
To further verify whether East Oriental Trading works in this building, the inspection team took the elevator to Level 4. The logo shown at the reception area also is that of IC Market. No logo or other information about East Oriental Trading is found there.
The inspection team confirmed after the on-the-spot visit that there is no office of East Oriental Trading at the address mentioned in the regulatory information, which means the given address is not true. The office place at the registered address of East Oriental Trading shows the logo of IC Market. This session of Field Survey is presented as above.
The information above is for reference only.
1-2 years | Suspicious Regulatory License | Non MT4/5 Software | S…
East Oriental Trading
East Oriental Trading
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.