IAG

IAG Asset Management Limited (trading as IAG) is an Australian-registered company, incorporated on 11 July 2022. Its registered office is at Tower 2 Darling Park, Level 2, 201 Sussex Street, Sydney NSW 2000. The company holds a single licence from the Australian Securities and Investments Commission (ASIC) for 'Inst Forex Execution (STP)', licence number 227676.

Despite this regulatory registration, our records show no verifiable website or social-media presence for IAG, and the company reports zero employees. This makes it difficult to assess the firm's actual operations or the services it offers to clients. In FXCanary's assessment, the lack of a public-facing presence is a notable caution sign for any prospective client.

IAG is regulated by ASIC, one of the most respected financial regulators globally. The licence on file is for 'Inst Forex Execution (STP)', which suggests the firm is authorised to provide institutional forex execution services on a straight-through-processing basis. However, the licence number 227676 is the only specific reference we have; no further details about the scope of the licence are published in our records.

It is important to note that holding an ASIC licence does not automatically guarantee the firm's reliability or solvency. ASIC regulates conduct, but it does not provide a safety net for client funds in the event of a broker's failure. Clients should always verify the licence directly on the ASIC register and consider the firm's operational history.

Based on the licence description, IAG appears to be positioned in the institutional forex execution space, offering STP (straight-through-processing) execution. This typically means orders are passed directly to liquidity providers without a dealing desk, which can be appealing to professional or institutional clients seeking transparency.

However, the company's official website is not verifiable, and we have no information about specific account types, trading platforms, instruments, or funding methods. In the absence of such details, we cannot confirm whether IAG serves retail traders, institutional clients, or both. Prospective clients should seek this information directly from the company.

Our FXCanary Scam Risk Score for IAG is 43 out of 100, which we classify as 'Guarded'. The primary risk flag is the lack of a verifiable website or social-media presence. This is unusual for a financial services firm, as most legitimate brokers maintain at least a basic online footprint to inform clients and comply with regulatory expectations.

Additionally, the company reports zero employees, which raises questions about its operational capacity. While it is possible that the firm is in a dormant or early-stage phase, the combination of no online presence and no staff makes it difficult to recommend IAG to any trader without further due diligence. We advise extreme caution and thorough verification before engaging with this entity.

In summary, IAG Asset Management Limited is a newly incorporated Australian company with an ASIC licence for institutional forex execution. However, the lack of a verifiable website, social-media presence, and employee count are significant red flags that prevent us from providing a positive assessment.

We strongly recommend that any potential client independently verify IAG's licence on the ASIC register, request detailed information directly from the company, and consider the risks associated with dealing with a firm that has no visible operational footprint. As always, never invest money you cannot afford to lose.