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Score
Australia
2-5 yearsRegulated in Australia
Investment Advisory License
Suspicious Scope of Business
Suspicious Overrun
Medium potential risk
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index3.05
Business Index5.32
Risk Management Index0.00
Software Index4.00
License Index3.05
Single Core
1G
40G
Aspect | Information |
Company Name | Mckay Global Markets |
Registered Country/Area | Australia |
Founded Year | 2021 |
Regulation | Suspicious Clone(ASIC) |
Products & Services | N/A |
Spreads | N/A |
Trading Platforms | N/A |
Customer Support | Email:support@mckaymarkets.com;Phone:+61 2-8007-4673 |
Mckay Global Markets is an Australian-based company established in 2021, identified as a suspicious clone by the Australian Securities and Investments Commission (ASIC).
The specific details about its products, services, spreads, and trading platforms are not available (N/A). However, the company provides customer support through email at support@mckaymarkets.com and by phone at +61 2-8007-4673, offering assistance and information to its clients or interested parties.
However, the official website of Mckay Global Markets, namely https://www.mckaymarkets.com/, is currently experiencing functionality issues.
Mckay Global Markets is under scrutiny by the Australian Securities & Investment Commission (ASIC), labeled as a “suspicious clone,” indicating potential concerns about its legitimacy. The company holds an Investment Advisory License in Australia, with the license number 346282.
Pros | Cons |
N/A | Suspicious Clone Status |
Lack of Transparency | |
Regulatory Concerns | |
Limited Customer Support Information | |
New Market Player |
Cons:
Suspicious Clone Status: Mckay Global Markets is flagged as a “suspicious clone” by ASIC, which raises serious concerns about its credibility and the authenticity of its operations. This status can deter potential clients who seek trustworthy and reliable financial services.
Lack of Transparency: The unavailability of information regarding the company's products, services, spreads, and trading platforms indicates a lack of transparency. This absence of detailed information can hinder informed decision-making for potential clients and partners.
Regulatory Concerns: Being labeled as a suspicious clone will imply that Mckay Global Markets could be mimicking a legitimate firm or engaging in misleading practices. This not only affects client trust but also exposes clients to potential risks and regulatory issues.
Limited Customer Support Information: While the company provides an email and phone number for customer support, the absence of additional information or resources such as a comprehensive FAQ section, user guides, or a community forum will limit the effectiveness of their customer service.
New Market Player: As a company founded in 2021, Mckay Global Markets lacks an established track record, which will make it difficult for clients to gauge the firm's stability, performance history, and the overall reliability of its investment advice or services.
Mckay Global Markets provides customer support through both email and telephone to address queries and concerns from clients or potential customers.
Individuals can reach out via email at support@mckaymarkets.com for detailed inquiries, feedback, or support requests.
Additionally, for more immediate or direct communication, customers can contact the company by phone at +61 2-8007-4673.
In summary, Mckay Global Markets, an Australian firm established in 2021, is under considerable examination as a “potential clone” by ASIC. Traders are exercising heightened vigilance towards such brokers with limited information.
Q: What does “suspicious clone” mean for Mckay Global Markets?
A: Being labeled as a “suspicious clone” indicates that ASIC has identified Mckay Global Markets as potentially mimicking a legitimate entity or engaging in deceptive practices, which raises concerns about its authenticity and the safety of engaging with the firm.
Q: How can I contact Mckay Global Markets for support?
A: You can contact Mckay Global Markets' customer support by sending an email to support@mckaymarkets.com or by calling their support line at +61 2-8007-4673 for any inquiries or assistance.
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