Mazi Finance Scam Exposure: A Warning to Indian Traders
Latest India Mazi Finance scam: Failed XAUUSD execution despite margin, costing $675—fake “insufficient balance” excuse. Protect funds, read the full report now!
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Abstract:In the evolving world of online trading, regulatory oversight and physical office verification serve as two key markers for evaluating a broker’s operational integrity. Decode Global is one such entity that holds multiple licenses and has undergone location-based verification.

Decode Global is a broker that operates under regulatory supervision and has been confirmed to maintain a presence at its declared business address. For traders assessing potential risks, having both a verified license and proof of actual operations can help inform decisions and build trust.
Decode Global currently holds a WikiScore of 7.59 out of 10 on WikiFX, a broker regulatory query platform. This score reflects a combination of criteria, including the validity of licenses, operating performance, transparency, and customer reviews. A score in this range suggests that Decode Global operates in a moderately structured regulatory environment.

The broker holds a Market Maker (MM) license from the Australian Securities and Investments Commission (ASIC), under License No. 000246796, issued to Decode Capital Pty Ltd. ASIC is Australia's primary financial regulator, overseeing financial service providers, corporate conduct, and market integrity. ASIC-licensed entities are expected to comply with rules covering client fund handling, operational transparency, and corporate responsibility.

In addition to its ASIC registration, Decode Global also holds a Retail Forex License issued by the Vanuatu Financial Services Commission (VFSC) under License No. 700415, registered to Decode Global Limited. VFSC is the financial regulatory authority of Vanuatu and oversees licensing for various non-banking financial services operating within and beyond the region.

While regulatory status alone is not a definitive measure of a brokers quality, holding valid licenses across different jurisdictions generally indicates that the broker is subject to compliance obligations and regular oversight.
To further validate the brokers operations, WikiFX conducted a site visit to Suite 25.01B, Level 25, International Tower One, 100 Barangaroo Avenue, Barangaroo, NSW 2000, Australia. During the field survey, it was confirmed that Decode Global is actively operating at the specified location.

Such on-site investigations play an important role in confirming whether a broker is physically established at its registered address. This step can help differentiate firms with legitimate offices from those using virtual or nominal locations solely for registration purposes.
In some regulatory environments where oversight is less intensive, brokers may still hold licenses while not maintaining a significant physical presence. Field surveys like those conducted by WikiFX aim to bridge this gap, offering an extra layer of visibility for traders performing due diligence.
Overall, Decode Global‘s regulatory status, confirmed office presence, and operational scoring offer traders and investors a more comprehensive picture when evaluating the broker’s credibility.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

Latest India Mazi Finance scam: Failed XAUUSD execution despite margin, costing $675—fake “insufficient balance” excuse. Protect funds, read the full report now!

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