Fake TradeMax

Fake TradeMax operates under the official domain eatrade.cn and is registered in Vanuatu. The broker claims to have been founded on 23 November 2020, targeting retail traders with forex and CFD products. Its registered address is listed as Level 28 One International Towers, 100 Barangaroo Avenue, Sydney NSW 2000, Australia.

Despite the Australian address, the company’s registration in Vanuatu places it outside the jurisdiction of major financial regulators. This structure often raises questions about the level of investor protection available to clients.

According to FXCanary’s records, Fake TradeMax lists ASIC (Australian Securities and Investments Commission) as a regulator, with a Market Making (MM) licence type. However, the status of this licence is marked as blank, indicating that the claim has not been verified or is currently inactive.

ASIC regulation is one of the most stringent in the industry, and any unverified or lapsed status is a significant red flag. Traders should be aware that operating from a Vanuatu registration while claiming an Australian licence can signal potential regulatory gaps.

No official information is available regarding the trading instruments or platforms offered by Fake TradeMax. Based on its naming and industry practice, it likely provides forex pairs, commodities, indices, and possibly cryptocurrencies as CFDs. The absence of verifiable details on execution models or trading platforms is concerning for prospective clients.

Without confirmed platform information, traders cannot assess the quality of trading conditions, order execution, or available tools. We recommend seeking brokers with transparent platform disclosures.

As of now, no account types, minimum deposit requirements, or funding methods have been confirmed for Fake TradeMax. The lack of this basic information makes it impossible to evaluate entry barriers or payment convenience.

In our experience, reputable brokers clearly advertise their account structures and accepted payment methods. The absence here suggests either a lack of operational transparency or an intention to disclose details only after client registration.

Fake TradeMax presents itself as a forex broker with a Vanuatu registration and an unverified ASIC licence. The combination of offshore domicile and unclear regulatory status puts it in a high-risk category. Independent public information is extremely limited, and the broker’s official website does not appear to provide sufficient operational details.

Given the severe scam risk score of 85/100 assigned by our analysis, traders are strongly advised to exercise caution and consider more transparent, regulated alternatives.