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    Bank First

    Bank First

    2-5 years Regulated in Australia Investment Advisory License Non MT4/5 Software Suspicious Scope of Business
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9
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    License Index 3.05
    Risk Management Index 0.00
    Software Index 4.00
    Business Index 6.17
    Regulatory Index 3.02
    Company Abbreviation

    Bank First

    Registered country

    Bank First Australia

    Company Name

    Victoria Teachers Limited

    Company address




    Australia Securities & Investment Commission
    ASIC Exceeded

    Investment Advisory License

    Broker Information
    Customer Service Phone Number

    1300 654 822

    Customer Service Email Address




    Company summary More
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    Pyramid scheme complaint
    Warning: Low score, please stay away!
    This broker exceeds the business scope regulated by Australia ASIC(license number: 240960)Investment Advisory Licence Non-Forex License, please be aware of the risk!
    Current data shows that this broker is using Non MT4/5 Software
    EA VPS

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

    Single Core



    ៛ 4039.20/month
    Open immediately
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    Bank First · Website

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    Server Location
    Most visited countries/areas
    Website Domain Name
    ICP registration
    Domain Effective Date
    Server IP
    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 :


      Effective Date :

    • Email Address of Licensed Institution :


      License Type:

      No Sharing
    • Website of Licensed Institution :


      Expiry Date :

    • Address of Licensed Institution :

      CHIEF EXECUTIVE OFFICER, Level 3, 117-119 CaMberwell Road HAWTHORN EAST VIC 3123

      Phone Number of Licensed Institution :

    • Licensed Institution Certified Documents :

      Bank First AFCA View Certified Documents Bank First ASIC View Certified Documents

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    Bank First

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    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
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    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
    Bank First
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    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

    Bank First · Company summary

      General Information

      Bank First claims to have been established in 1972 by 48 educators, formerly Victoria Teachers Mutual Bank, which changed its name to Bank First in December 2017. Bank First holds an investment advisory license from ASIC in Australia, license number: 240960, but this license is over-restricted, so investors should be careful and aware of the risks.

      Products & Services

      Bank First provides traders with financial services such as savings, credit cards, home loans, car loans, personal loans, and other loan services, as well as the development of financial plans, pensions, and other services.

      Accounts Types

      Bank First offers a variety of bank accounts, including trading accounts, savings accounts, time deposit accounts, credit card accounts, travel and foreign exchange accounts, school accounts, and preschool accounts. Transaction accounts include Daily Account Budgeting Account, First Visit Account, and Pension Account. Savings accounts include First Home Bonus Saver, Bonus Saver account, Online Saver account, First Saver account. For more details of the accounts and interest rates, please refer to the Bank First website.

      Interest Rate

      The interest rate of Bank First is 0.05% for daily accounts, 0.05% for budget accounts, 0.30% for the $0-$48,599 portion of a retirement account balance, 0.45% for the $48,600-$149,999 portion and the $150,000+ portion. The interest rate for the first visit to the account is 0.20%. For more information on account rates, please see the Bank First website.

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