Survey Reason

Recently many investors called the inspection team hoping we could disclose more brokers with fake addresses. In order to meet investors’ demand, the investigation team were going to visit FORMAX in this episode.

Building Survey

According to the regulatory information, the company address of FORMAX is Level 7, 203 Queen StreeT Auckland Central Auckland. The investigation staff visited the spot.

Exclusive

Guided by the regulatory information, the investigation staff found the office building in downtown smoothly. The staff entered the lobby and found a floor guide. After scrutinized it, the staff did not find any information about FORMAX.

Afterwards, the investigation staff arrived at the 7th floor. The company signboard at the corridor did not indicate the existence of FORMAX.

The investigation staff wandered around at the 7th floor and found three areas in the level, each belongs to a company. To ensure the authenticity, our staff asked a worker from one of the companies about FORMAX and was told enthusiastically that it had moved away.

Survey Conclusion

It is ascertained by the investigation staff that the address of FORMAX is inconsistent with that from the regulatory information. Its alleged FCA STP licence(No.6242254) was suspected to be a cloned licence. Its financial service company license issued by FSPR (No: 207987) was canceled. As for the result.