Survey Reason

Recently many investors called the inspection team hoping we could disclose more New Zealand brokers with fake addresses. The investigation team were going to visit Kingsforex in this episode.

Building Survey

According to the regulatory information, the company address of Kingsforex is L18, 125 Queen Street Auckland Central Auckland 1010. The investigation staff visited the spot.

The investigation staff found the office building smoothly.As a 5A-class building, the environment of which is quite exquisite.

Exclusive

Afterwards the investigation staff entered the building and took the elevator to 18th floor but could not find any information about Kingsforex from the floor guide. To ensure the quality of the investigation, the staff inquired of a worker from EncoreFX whether Kingsforex operated there and he was unbeknown.

Survey Conclusion

As confirmed by the surveyor after the field survey, the New Zealand licensed broker Kingsforex's real address was different from its regulatory address. Given the broker's financial services company license from FSPR has been canceled.