IC Markets SCAM ($43,450 LOSS)

forexteamau

Sergeant
Messages
120
my advice !

https://www.acic.gov.au/report-crime

or Report stealing
Call police on 131 444 if you have witnessed, or you are the victim of, a stealing offence.
If compliance department is from Seychelles @Pheniox123 is not registered under ASIC regulator. But even if he was, It wouldn't make much difference. I was on hold for hours in the past weeks to speak to the relevant officer. They usually get your number and say they will get back to you but it never happens .

Scam reports has increased up to 20% this year during the pandemic and they are not able to handle it.

 

Pheniox123

Private, 1st Class
Messages
59
If compliance department is from Seychelles @Pheniox123 is not registered under ASIC regulator. But even if he was, It wouldn't make much difference. I was on hold for hours in the past weeks to speak to the relevant officer. They usually get your number and say they will get back to you but it never happens .

Scam reports has increased up to 20% this year during the pandemic and they are not able to handle it.

Thank you Forexteamau, I believe I am under their AU jurisdiction but either way I will be lodging complaints with both regulatory (as suggested by you)...I am consulting with my lawyer and will be lodging this week.
 

Pheniox123

Private, 1st Class
Messages
59

oscarra

2nd Lieutenant
Messages
1,178
Thanks a lot Oscarra...I will be reporting them to all regulatory bodies and all law enforcement agencies that my lawyers can get their hands on...
how you end up in junk yard Seychelles islands

https://www.financemagnates.com/exe...-eu-secures-denys-denisov-as-general-manager/

“The Australian arm, however, has been swinging back and forth after the ASIC asked brokers to part with a lot of confidential information about their foreign clients so that their business could be fully scrutinized. Most recently, IC Markets confirmed to its overseas clients it would continue servicing their accounts via its ASIC-regulated subsidiary.

The corporate note came barely a week after the company informed its customers that it is planning to migrate their trading accounts to an offshore brand in Seychelles. The move came after the Aussie regulator tightened the screws by instructing brokers to start closing accounts for all foreign client in jurisdictions they have no license.

……ASIC as their Bucket Shops trying to milk the entire world did not quit work out, wonder why Australia has huge problems with China these day ?
 

forexteamau

Sergeant
Messages
120
how you end up in junk yard Seychelles islands

https://www.financemagnates.com/exe...-eu-secures-denys-denisov-as-general-manager/

“The Australian arm, however, has been swinging back and forth after the ASIC asked brokers to part with a lot of confidential information about their foreign clients so that their business could be fully scrutinized. Most recently, IC Markets confirmed to its overseas clients it would continue servicing their accounts via its ASIC-regulated subsidiary.

The corporate note came barely a week after the company informed its customers that it is planning to migrate their trading accounts to an offshore brand in Seychelles. The move came after the Aussie regulator tightened the screws by instructing brokers to start closing accounts for all foreign client in jurisdictions they have no license.

……ASIC as their Bucket Shops trying to milk the entire world did not quit work out, wonder why Australia has huge problems with China these day ?
@oscarra This is how their overseas clients end up with their Seychelles regulatory. Any overseas IP address will be redirected to SC version, even with different legal document page!
They still advertise ECN it on google when they are in the mood.


The interesting point about CS is that there is only one document and no PDS is disclosed but you "agree to be bound by "these" documents"

Tell me about it. Australian economy is strongly tied with our exports to China.
 

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