AussieTrust

After reviewing AussieTrust, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.

Who is AussieTrust?

AussieTrust markets itself as an online trading and investment service. Its public site is presented at https://aussietrust.com. As with most operations of this kind, the polished front end conceals a lack of the basic protections a real, regulated broker is required to provide.

Is AussieTrust regulated?

We could find no evidence that AussieTrust holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• Opaque or anonymous corporate ownership
• No verifiable licence from a recognised financial regulator
• Account dashboards that show “gains” with no real market exposure
• No credible physical address or verifiable corporate record
• Unrealistic profit claims and pressure to deposit more

Our analysis

On 30 Oct 2020, the UK regulator has flagged AussieTrust as an unauthorised firm that may be providing financial services or products in the UK. You may visit: https://register.fca.org.uk/s/unauthorised-firm?id=0014G00002WwNo2QAF

Can you recover money lost to AussieTrust?

If you have deposited with AussieTrust, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.