WikiFX continued its survey campaign as part of its efforts in checking the forex industry’s authenticity situation. For this session, WikiFX sent its survey team to visit Australian company OGM HOLDING.
According to the company’s claimed licensing information, OGM HOLDING is located at Suite 706, 1-5 Railway Street, CHATSWOOD NSW 2067. WikiFX sent its survey team to this place for a field survey.
The surveyors found a somewhat old styled office building according to the address. They entered it, and found nothing about OGM HOLDING on a floor directory sign in the lobby.
To double-check, the surveyors still went to the 7th Floor as the company’s claimed address says. They found that there was no logo of OGM HOLDING outside the room 706. The survey staff went on to search around on that floor, yet still found no sign of OGM HOLDING.
A field survey based on the company’s claimed licensing details found no physical presence of OGM HOLDING. The company claims to hold an investment advisory license (332890) from the Australian ASIC, but a check with the regulator suggested that the statement may not be true. All that said, we believe that the firm OGM HOLDING is not subject to any effective regulation and we do not recommend you to invest your money with them.
1-2 years | Suspicious Regulatory License | MT4/5 White Label | Re…
OGM HOLDING PTY LIMITED
China 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.
China Hong Kongwww.wikifx.hk