Market Makers Insider / MMI Forex
Flagged by Australian Securities and Investments Commission · Australia (AUS)
Official Warnings (1)
The Australian Securities and Investments Commission is warning investors of a fake website and social media page called Makers Insider/MMI Forex that is misleading and scamming investors.
The website pages:
1. wrongly display ASIC Chair James Shipton’s name and photos to give the impression that he is the CEO of the fake entity;
2. falsely claim that it buys “ASIC Insurance” on a weekly basis;
3. falsely claim traders will see high returns of 70% from the scheme; and
4. the site claims to sell copy trading for forex trading
Other Flagged Firms (AUS)
This information is sourced from IOSCO I-SCAN and official financial regulators. Inclusion in this database does not necessarily mean the firm has committed fraud - it may indicate they are not authorized to operate in a specific jurisdiction. Always verify directly with the relevant regulator before making investment decisions.