Inspection Reason

Recently, many investors called the inspection team, expressing their hope for the inspection team exposing New Zealand’s brokers, whose real addresses are inconsistent with the ones in their regulatory information. Given that, the investigators went to YJ-FX in New Zealand for a closer look.

Company Building

YJ-FX’s office address in the regulatory information is Level 5, 187 Queen Street Auckland City. The investigators carried out a field trip to this licensed broker.                                                               

The investigators have successfully found the company building indicated by the regulatory information. 

Featured Photos

Then, they entered the building.

The survey personnel carefully reviewed the floor signboard in the lobby on the first floor, but found no information about YJ-FX. Unfortunately, they were unable to go to the 5th floor for more.

Inspection Conclusion

The investigators, based on the result of the field trip, confirmed that YJ-FX’s real address failed to match with the one in its regulatory information. Its financial service provider license issued by Financial Service Providers Register is a suspicious clone!