Warning Investors – Regarding falsely claiming association with registered Australian businesses or financial services licensees and their authorized representatives.


If you are looking for a reliable and trustworthy broker to trade with, you might have come across, a website that claims to offer various financial services and products. However, before you sign up with them, you should know that they are not what they seem. In fact, they are an imposter entity that is using the name and logo of a legitimate broker, ASIC Alert, to deceive unsuspecting traders. In this blog post, we will expose the truth about and show you how to spot and avoid such scam brokerages.

Regulation and Compliance:

One of the most important factors to consider when choosing a broker is whether they are regulated by a reputable authority. Regulation ensures that the broker follows certain rules and standards to protect the interests and funds of their clients. However, is not regulated by any authority, despite claiming to be licensed by ASIC, the Australian Securities and Investments Commission. This is a blatant lie, as ASIC has issued a warning against, stating that they are an imposter entity that has no connection or affiliation with ASIC Alert, a genuine broker that is authorized by ASIC. Therefore, is operating illegally and without any oversight or accountability.

Customer Support:

Another indicator of a broker’s credibility and professionalism is their customer support service. A good broker should provide their clients with multiple channels of communication, such as phone, email, live chat, or social media. They should also respond promptly and courteously to any queries or issues that their clients may have. However, fails to meet these criteria, as their customer support service is virtually nonexistent. They only provide an email address and a phone number, which are both fake and unresponsive. Many clients have reported that they never received any reply or assistance from, even after sending multiple emails or calling several times. This shows that does not care about its clients’ satisfaction or well-being.

Customer Reviews:

One of the best ways to learn about a broker’s reputation and performance is to read the reviews and feedback from their existing or former clients. A good broker should have positive and authentic reviews from satisfied customers who can attest to their quality of service and products. However, does not have any genuine reviews from real customers, as they are a scam that does not have any actual clients. Instead, they have fabricated some fake testimonials on their website, which are full of grammatical errors and inconsistencies. These testimonials are meant to lure unsuspecting traders into believing that is a reputable and profitable broker, but they are part of their deception scheme.

Shielding Your Finances: Measures to Avoid Scam Brokerages:

As you can see, is a scam brokerage that you should avoid at all costs. They are not regulated, they do not provide any customer support, and they do not have any real customer reviews. They are only interested in stealing your money and personal information. To protect yourself from such fraudulent websites, you should always do your research before choosing a broker. You should check whether they are regulated by a reputable authority, whether they have positive and authentic reviews from real customers, whether they offer multiple and secure payment methods, whether they have transparent and fair terms and conditions, and whether they have a responsive and helpful customer support service. You should also be wary of any unrealistic or exaggerated promises or offers that sound too good to be true, such as high returns with low risks or bonuses with no strings attached. These are usually signs of a scam.


In conclusion, is an imposter entity that is pretending to be ASIC Alert, a legitimate broker regulated by ASIC. They are not licensed or authorized by any authority, and they are running a scam operation that aims to defraud unsuspecting traders. You should not trust them or trade with them under any circumstances. Instead, you should look for a reliable and trustworthy broker that can provide you with a safe and secure trading environment.

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