Introduction

In the retail foreign exchange market, there is a very large number of FX traders in Australia, so it is only common that there are both regulated platforms and fraud platforms there.In order to help investors know more about the regulated FX brokers in Australia, this time the inspection team went to Sydney, Australia to visit the broker Tate Prime as planned.

Regulatory Information

The broker Tate Prime holds a MM license authorized by ASIC. According to the regulatory information, its registered address is: INTERNATIONAL CAPITAL MARKETS PTY, Level 4, 50 Carrington Street SYDNEY NSW 2000. The inspection team set out for this place.

In addition, the broker also holds a MM license authorized by CySEC and a Retail FX license authorized by FSA.

Inspection Process

The inspection team arrived at the office building located at 50 Carrington Street. No logo of Tate Prime is found at the entrance area of the building.

To further verify whether Tate Prime works in this building, the inspection team took the elevator to Level 4. Also, there isn’t any information or logo of Tate Prime.

Conclusion

The inspection team confirmed after the on-the-spot visit that there is no office of Tate Prime at the address mentioned in the regulatory information, which means the given address is not true. This session of Field Survey is presented as above.

Disclaimer

The information above is for reference only.