Investors Alert – This is a suspected imposter entity. It may be impersonating or falsely claiming to be working with:

– a registered Australian business;

– Australian financial services licensee;

– Australian credit licensee; and/or

– the authorized representatives or employees of the business or licensee.

Introduction to is a website that claims to be a leading online trading platform for forex and cryptocurrencies. The website offers various trading tools, educational resources, and account types for different levels of traders. However, is not a legitimate broker, but a suspected imposter entity that is trying to deceive investors and steal their money.

Products and Services offered by offers four types of accounts: Basic, Silver, Gold, and Platinum. The minimum deposit ranges from $250 to $50,000, depending on the account type. The website also claims to offer leverage up to 1:400, low spreads, fast execution, and access to over 200 trading instruments. Additionally, claims to provide 24/7 customer support, market analysis, webinars, and trading signals.

However, these products and services are not trustworthy, as is not regulated by any reputable authority. In fact, the Australian Securities and Investments Commission (ASIC) has issued a warning against, stating that it is a suspected imposter entity that may be involved in a scam. ASIC advises investors not to deal with or any entities associated with it.

Financial institution & regulatory license of does not disclose any information about its financial institution or regulatory license on its website. This is a red flag that indicates a lack of transparency and credibility. Moreover, uses a fake address in Australia to mislead investors into thinking that it is a local broker. However, ASIC has confirmed that is not registered or licensed in Australia, and has no connection to the legitimate entity BS Exchange Pty Ltd.

Trader’s Reviews and Customer Service of has very few reviews online, and most of them are negative. Many traders have reported that is a scam that refuses to process withdrawals, manipulates prices, and harasses customers with phone calls. Some traders have also claimed that has stolen their personal and financial information.’s customer service is also very poor and unprofessional. The website only provides an email address and a phone number as contact options, but no live chat or social media channels. Many customers have complained that’s support team is rude, unresponsive, and unhelpful.

How to Safeguard Against Fraudulent Brokers:

To avoid falling victim to fraudulent brokers like, investors should always do their due diligence before choosing a trading platform. Here are some tips on how to safeguard against fraudulent brokers:

– Check the broker’s regulatory status and license number on the official websites of reputable regulators, such as ASIC, FCA, CySEC, etc.

– Verify the broker’s physical address and contact details on Google Maps or other sources.

– Read the broker’s terms and conditions, privacy policy, and risk disclosure carefully.

– Avoid brokers that offer unrealistic returns, bonuses, or guarantees.

– Beware of brokers that pressure you to deposit more money or make hasty decisions.

– Use secure payment methods and avoid sharing your personal or financial information with unknown parties.

– Report any suspicious activity or fraud attempts to the relevant authorities.

Conclusion: is a suspected imposter entity that poses as a legitimate online trading platform for forex and cryptocurrencies. However, is not regulated by any authority, and has been warned by ASIC as a potential scam. Investors should avoid dealing with or any entities associated with it, and report any suspicious activity to ASIC. To safeguard against fraudulent brokers, investors should always do their research before choosing a trading platform.

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