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    Forex Sport

    • Australia Australia
    • 10-15 years
    • Regulated in Australia
    • Market Making(MM)
    • Non MT4/5 Software
    • Suspicious Scope of Business
    Open Account
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    • 0390081880
    • admin@forexsport.com
    • --
    • --
    • Level 2, 100 Collins Street Melbourne Vic 3000
    VPS Standard

    No restriction on the broker account. Provide service support by WikiFX

    • Single Core

    • 1G

    • 40G

    Get it for free

    Broker Information

    Company Name

    Forex Sport Pty Ltd

    Phone of the company

    0390081880

    Company website
    http://www.forexsport.com/
    Customer Service Email Address

    admin@forexsport.com

    Company address

    Level 2, 100 Collins Street Melbourne Vic 3000

    Pyramid scheme complaint
    Expose

    Forex Sport

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    Australia Securities & Investment Commission

    Australia Securities & Investment Commission (ASIC)

    The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.

    • Licensed Institution :

      FOREX SPORT PTY. LTD.

      Effective Date :

      2011-04-29
    • Email Address of Licensed Institution :

      admin@forexsport.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      DION CIAVOLA, Level 2, 100 Collins Street MELBOURNE VIC 3000

      Phone Number of Licensed Institution :

      03 9008 1880
    • Licensed Institution Certified Documents :

      Annex1 Annex2

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    Forex Sport

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    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    Forex Sport
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
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    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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    Forex Sport · Company summary

      General Information& Regulation

      Forex Sport Pty Ltd (“Forex Sport”) is an Australian incorporated company. Forex Sport aims to provide a fast and easy way to move money for less. It is regulated by the Australian Securities & Investments Commission (AFSL No. 401379) and is also registered with Australian Transaction Reports and Analysis Centre (AUSTRAC).

      Market Instruments

      Forex Sport specialises in FX and global payments offering both spot FX, value today and tomorrow FX transactions and FX forward contracts.

      Payment

      Payments are accepted in multiple currencies including USD, EUR, GBP, JPY, NZD, HKD and SGD. Forex Sport can reduce fees by accepting domestic payments in each of these currencies and reduce the fees that other banks may charge to receive other currencies.

      FX Transactions

      Forex Sport offers two types of FX Transactions: Spot Contracts and Forward Contracts. A Spot Contract is an FX Transaction where the Value Date is 48 hours after the time and date of entering in to the FX Transaction. A Forward Contract is an FX Transaction where the Value Date is more than 2 days but less than one year after the time and date of entering the FX Transaction.

      Fee-Charging

      When dealing with Forex Sport there are no hidden fees. Forex Sport derives a profit on FX transfers based on the difference between the rate quoted to traders and the rate it can negotiate with its own liquidity providers. This profit will vary according to the currencies involved and the arrangements that it enters with its liquidity providers from time to time.

      Fund Transfer

      Forex Sport does not accept cash, credit or debit cards or cheques. Once you have confirmed your FX transaction you will receive an email trade confirmation with the Forex Sport bank account details. This confirmation will clearly set out where you need to send the funds and how much you need to send. If you do not receive this email confirmation after a few minutes, please call Forex Sport on (03) 9008 1880. Alternatively, you can log in to your Forex Sport online client portal to see the details of the FX transaction. All you need to do then is login to your internet banking and make an electronic funds transfer to Forex Sport.

      Length of Time

      The length of time it takes for your FX transfer to reach the beneficiary will depend on what currency you are buying and the destination country. For most currencies, it will typically be within 24-48 hours of receiving your funds (depending on what time of the day your funds are received). From time to time there can be delays beyond control. For example, where intermediary or receiving banks hold funds up or take time to apply to the beneficiary account.

      Accepted Countries

      Forex Sport accepts traders from South Africa, the United States, Canada, China, Japan, Singapore, New Zealand, Australia, Switzerland, the United Kingdom, Norway and Sweden.

      Benefits

      There are a number of significant benefits of using Forex Sport's service including: real-time pricing, which can be accessed by telephone or simply by logging in and

      requesting a live quote by email; highly competitive exchange rates; accurate transaction records with your personal deal history accessible at any time simply by using your personal login on the website; access to market research and visibility to wholesale pricing and a completely transparent service which allows you to compare Forex Sport‘s rates against wholesale rates, your bank’s or providers rates.

      Risks

      The following are risks that you must consider before you enter into an FX Transaction with Forex Sport: counterparty risk, hedging counterparty, client funds, foreign exchange risk, operational risk, information technology, market information and charting.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.