Reason for this visit
In the retail forex market, there are a good number of regulated dealers in Australia. Sometimes, it happens to one regulatory address registered with multiple brokers. In order to provide investors with more comprehensive information, the survey team this time visited Vantage Trades, a broker based in Sydney, Australia.
According to the regulatory information, the broker Vantage Trades has the MM license issued by ASIC and located at Level 29, 31 Market Street, SYDNEY NSW 2000.
In addition, the broker also holds the STP licenses issued by FCA and CIMA.
The survey team followed the address on the regulatory information to an office building at 31 Market Street, Sydney, Australia, which is located on a quite busy street.
From the directory of lobby, it was learned that the 29th floor belonged to the office of a technology company, which was inconsistent with the regulatory information. Afterward, the team decided to take the lift to Level 29, but didn’t make it as they found an access card was needed. The team had no choice but returned.
The survey team didn’t find the logo of Vantage Trades on the directory of building. And they failed to reach the floor at which the broker Vantage Trades’s office is supposed to reside. Therefore, there is no way to confirm whether there is an office place of Vantage Trades or not at the address mentioned in the regulatory information, and the business size and operation status of the broker remain unknown. Please be prudent if trading with this broker.
The content is for informational purpose only, and shall not be taken as final order for making choice.
Within 1 year | Suspicious Regulatory License | Non MT4/5 Software | <…
Vantage International Group Limited.
+44 2080 363 883
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.