ASIC issues warning to unregistered entities in Australia in January 2025

The Australian Securities and Investments Commission (ASIC) is an independent Australian government agency responsible for regulating Australian companies established on 1 July 1998. ASIC's role is to enforce financial services laws and regulate corporate conduct to protect Australian consumers, investors, and creditors.

A license issued by the Australian Securities and Investments Commission (ASIC) allows a person or company to legally carry out a financial services business. This includes selling, advising, or trading financial products. Only deal with licensed businesses. If problems arise, users will be better protected and have access to free dispute resolution services.

WikiFX is a comprehensive forex broker database and information platform that collects detailed information on these companies that investors should be wary of. Investors can search the names of these companies on WikiFX to find out why they are not recommended as an investment option.

If someone is on this list, be careful dealing with them. The updated list as of January 2025 shows not all.

Unlicensed

Nest Gain Market

Website: https://www.nestgainmarket.com

AB Mining Pro

Website: https://cloud.abmining.pro

Mt. Gox Crypto Wallet

Website: https://www.mtgoxaccounts.com/

CoinMate

Website: https://trading.coinmate.ai

Innovix Investment

Website: https://innovixinvestment.online

Innovix Investment

Website: https://innovixinvestment.online

Abex Market

Website: https://abxmkt.com

ASXCapital

Website: https://Www.asxcapital.com

AceStocks

Website: Https://clientzone.ace-stocks.co/en/login

Imposter

Impersonation of Bunnings Group Limited

Website: https://sustainability-bunnings.com/

https://bunningsau.com

Impersonation of Brixton Investments Pty Ltd

Website: https://www.brixtoninvestments.com/

Impersonation of Northerly Capital Pty Ltd

Website: https://northerly-capital.com/