Inspection Reason

As part of the efforts to inspect the authenticity of forex industry, the inspection team kept doing the field surveys. For this session, it goes to Australia to visit a company named RMS TRADE. 

Office

According to the company’s purported address, RMS TRADE is located at Level 5, 530 Collins Street, Melbourne, Australia. The inspection teamsent its staff there. 

The surveyors successfully located this large, modern office building according to the given address. Without delay, the surveyors immediately followed the signs at the entrance to enter the building.

Survey Highlights

According to survey procedure, the surveyors checked the floor guide in the lobby. The guide did not show any information about RMS TRADE. To make things one hundred percent sure, the surveyors still took an elevator to the Fifth Floor as the company’s purported address indicated. On a directory board there, they still found nothing about the firm.

The surveyors then walked around the whole corridor of the building, but found no offices or logo of RMS TRADE, instead, found a law firm in Room 530.

Conclusion

A field survey to the place where the company purports to be operating from did not find RMS TRADE’s physical presence. In addition, the company’s claim to hold an Australian ASIC license is likely untrue, as the registration details pertaining to the license belong to another entity.