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 Lian Sheng Global Markets Limited, a broker based in Sydney, Australia.

Regulatory information

According to the regulatory information, the broker Lian Sheng Global Markets Limited has the AR license issued by ASIC and located at 'AUSTRALIA SQUARE' L33 264-278 GEORGE St SYDNEY NSW 2000.

In addition, the broker also holds the general financial licence issued by NFA.  

  On-site visit

The survey team followed the address on the regulatory information to the office building at  264-278 GEORGE St, Sydney, Australia. The building named “AUSTRALIA SQUARE” looks quite new and modern in design.  

Entering the building, the team didn’t find the logo or other information of Lian Sheng Global Markets Limited in the lobby. To further verify whether the broker operates here, the team came to the upstairs. Also, there was no logo or other information of Lian Sheng Global Markets Limited on the entire floor. 

Conclusion

The survey team confirmed after the on-the-spot visit that there is no office of Lian Sheng Global Markets Limited at the address mentioned in the regulatory information. Please be prudent when trading with this broker. 

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.