Public Advisory: QASX (qasx.org) Added to ASIC’s Investor Alert List

With the increasing number of online investment scams, investors should never rely solely on a company’s website or marketing materials before investing. One of the most effective ways to protect yourself is to verify whether the platform has been reported by an official financial regulator.

One platform that has recently attracted regulatory attention is QASX (qasx.org).

The Australian Securities and Investments Commission (ASIC) – MoneySmart has added QASX (qasx.org) to its Investor Alert List. According to ASIC, businesses appearing on this list may be targeting Australian consumers without holding an Australian Financial Services (AFS) licence or Australian Credit Licence, meaning they are not authorised to provide financial services or investment products in Australia. The warning has also been published internationally through the International Organization of Securities Commissions (IOSCO), allowing investors around the world to verify the alert. oai_citation:0‡Moneysmart

What ASIC Reported

According to the Australian Securities and Investments Commission (ASIC) – MoneySmart, the following information is associated with the warning:

• Entity: QASX
• Website: https://qasx.org
• Status: Listed on ASIC’s Investor Alert List.

ASIC explains that entities appearing on the Investor Alert List:

• May be targeting Australian consumers.
• Do not hold a current Australian Financial Services (AFS) licence or Australian Credit Licence.
• Are not permitted to offer financial services or investment products in Australia.

ASIC also notes that its Investor Alert List is not exhaustive and encourages investors to carry out independent research before investing. oai_citation:1‡Moneysmart

IOSCO Also Carries the Regulatory Alert

The warning concerning QASX (qasx.org) has also been published through the International Organization of Securities Commissions (IOSCO) via its International Securities & Commodities Alerts Network (I-SCAN).

IOSCO’s global alert database consolidates official warnings issued by securities regulators worldwide, making it easier for investors to identify firms that have already attracted regulatory attention in another jurisdiction before committing funds. oai_citation:2‡IOSCO

Why Investors Should Verify Regulatory Status

Investment scams often rely on polished websites, persuasive sales representatives and promises of exceptional returns to gain investors’ confidence.

However, a professional appearance should never be interpreted as proof that a company is authorised to provide financial services.

Before opening an account or transferring money, investors should always verify whether the platform is licensed by the relevant financial regulator. A few minutes of research can significantly reduce the risk of financial loss.

Search Other Regulatory Databases Before Investing

Before investing with any online trading or investment platform, consider checking the Financial Conduct Authority (FCA), Swiss Financial Market Supervisory Authority (FINMA), International Organization of Securities Commissions (IOSCO), Australian Securities and Investments Commission (ASIC), Autorité des marchés financiers (AMF), British Columbia Securities Commission (BCSC), Ontario Securities Commission (OSC), U.S. Securities and Exchange Commission (SEC), and the Monetary Authority of Singapore (MAS).

It is also worthwhile reviewing discussions on Reddit and financial information platforms such as FastBull. While community discussions may provide additional context, official regulatory warnings should always remain the primary source when evaluating an investment opportunity.

Related Scam Alerts

You may also find these regulatory alerts helpful:

• Gifx Partner Limited (gifxpartnersltd.com)
• SwizzGreenAssets (swizzgreenassets.com)
• Express Exchange (express-exchangeuk.com)
• Lambstone Holding Limited (lambestone.limited)
• Genisis Arbit (genesis-arbit.com)
• Brentonvale Trust (brentonvale-trust.org)

📞 Need Assistance?

If you believe you have been affected by QASX (qasx.org) or another unauthorised investment platform:

👉 Request a case assessment

👉 Speak with our recovery specialists

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Disclaimer

This article is based on publicly available information released by financial regulators and investor protection authorities, including the Australian Securities and Investments Commission (ASIC) and the International Organization of Securities Commissions (IOSCO), together with publicly available educational resources. It is intended solely for educational and informational purposes and should not be interpreted as legal, financial, or investment advice.