Reason for this visit

Recently, investors have given feedback that they want to have good knowledge of regulated brokers in Australia. To meet their demand, the survey team this time visited YX Markets, a broker based in Sydney, Australia.

Regulatory information

According to the regulatory information, the broker YX Markets has an investment advisory license issued by ASIC and located at Level 4, 88 Phillip STreeT, SYDNEY NSW 2000. The survey team thus decided to have an on-site visit to this regulatory address for confirmation.

On-site visit

The survey team followed the address on the regulatory information to the office building at 88 Phillip Street, Sydney, Australia. The building named “Aurora Place” looks relatively new and grand. However, the team didn’t find the logo or other information of YX Markets outside the building.   

To further verify whether the broker operates here, the team came to the 27th floor according to the regulatory information. Looking around, there was no logo or any other information of YX Markets throughout the floor.

Conclusion

The survey team confirmed after the on-the-spot visit that there is no office of YX Markets 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.