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ASIC updates warning list with MRT Markets, RIMarkets, and Golden Day Profit

Jun 03 2019
By
Jonathan Smith

 

The Australian Securities and Investment Commission (ASIC) has added forex brokers MRT Markets, RIMarkets, and Golden Day Profit its list of unlicensed companies illegally targeting local investors. ASIC advised investors not to deal with these entities, as they could be involved in a scam.

 

Many scams come from companies based overseas. These scammers target Australians because ASIC does not have international jurisdiction to investigate and prosecute them,” stated the Australian financial watchdog in the notice.

 

Indeed, MRT Markets is registered in Saint Vincent and the Grenadines, RIMarkets – in the Marshall Islands, and Golden Key Profit allegedly operates out of Hong Kong. None of these brokers is entitled to provide financial services in Australia, nor on any other regulated market. Nonetheless, ASIC reported that these entities have made unsolicited calls and emails to Australians, and warned that they could be engaged in fraudulent activities.

 

Actually, we have detailed reviews of these three brokers blacklisted by ASIC today, and you can find all the details regarding their offer, as well as our investigation on the companies operating the brands, on Forexbrokerz.com. Judging by the comments submitted by people who claim to have deposited with MRT Markets, RIMarkets, and Golden Day Profit, these brokers indeed appear to be scammers.

 

The Australian regulator also keeps a list of unlicensed forex brokers and regularly updates it. Previous month ASIC warned against unregulated broker GFC Investment.

 

TAGS: ASIC  warning  MRT Markets  RIMarkets  Golden Day Profit  scam  Australia 
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