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Mabicon Trade
Operating status: SCAM
Broker violations and abnormal records
On Aug 1, 2025, the Australian Securities & Investments Commission (ASIC) issued a warning against Mabicon Trade, believing this company might be providing financial services or products without proper authorization. https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!mabicon-trade-mabicon-trade-com--3255
On Aug 1, 2025, the Australian Securities & Investments Commission (ASIC) issued a warning against Mabicon Trade, believing this company might be providing financial services or products without proper authorization. https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!mabicon-trade-mabicon-trade-com--3255According to its website, it is to be regulated by the Financial Conduct Authority (FCA), the Financial Sector Conduct Authority (FSCA), and the Australian Securities and Investments Commission (ASIC). Upon investigation, no matching information was found in the FCA, and its company name does not match the company name in the FSCA filings, which clearly indicates unreliable behavior.
In addition, we found that the Australian Securities & Investments Commission (ASIC) issued a warning against Mabicon Trade, believing this company might be providing financial services or products without proper authorization.
In essence, Mabicon Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Mabicon Trade appears to be a scam.
According to its website, it is to be regulated by the Financial Conduct Authority (FCA), the Financial Sector Conduct Authority (FSCA), and the Australian Securities and Investments Commission (ASIC). Upon investigation, no matching information was found in the FCA, and its company name does not match the company name in the FSCA filings, which clearly indicates unreliable behavior. In addition, we found that the Australian Securities & Investments Commission (ASIC) issued a warning against Mabicon Trade, believing this company might be providing financial services or products without proper authorization. In essence, Mabicon Trade is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Mabicon Trade appears to be a scam.
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