Inspection Reason

The inspection team continued its survey campaign to inspect the authenticity and integrity condition within the forex sector. For this session, it sent its team to Australia to find something about JWAFX.

Office

According to the company’s claimed licensing details, JWAFX has its Australian head office at Tower One, International Towers, Level 35, 100 Barangaroo Avenue, Barangaroo, NSW. The inspection team sent its survey team there for a field investigation. 

According to the address, the survey staff were able to locate this landmark office building adjacent to Darling Harbour. Many world-renowned financial institutions are based in the building.

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Upon entering the ground floor lobby, the surveyors learned from a directory sign that the 35th Floor, the floor indicated by JWAFX’s claimed address,  belongs to Servcorp shared office. To find out if JWAFX had an office in the shared workspace, the surveyors took an elevator to Level 35. After asking the receptionists there, they learned that there was no such a company called JWAFX.  

Conclusion

A field survey based on the company’s claimed licensing details did not find JWAFX’s physical presence. The company claims to hold an Australia ASIC license (224485).