Concord Markets: a city instead of an address

What the team found

Concord Markets publishes no street address, only Office 11, Jamie Robin Business Centre 1, Unit F10, 1st Floor, Paragon Labuan, Jalan Tun Mustapha, 87000 Labuan F.T. The team went to the area the address points to and found nothing that connects the company to any building there: no signage, no directory entry and nobody who knew the name.

The team recorded that Concord Markets could not be found. A broker that publishes a city instead of an address has no office a client could walk into, and that is the finding.

The checks

The checks that decided this outcome, from the visit checklist.

Who else uses this address

One other broker in this set publishes an address on Jamie Robin Business Centre, which is CDG. Two firms in one building is ordinary and says nothing on its own.

What the published address commits to

Concord Markets publishes a floor and a room rather than only a building, which is the more checkable kind of address: it can be walked to and either holds the company or does not.

What Labuan looks like across the set

Labuan accounts for 81 of the addresses the team has visited. Across the 80 other visits to the city, the team confirmed an office 8 times, found nothing 52 times and could not get access 20 times.

The reports either side of this one in Labuan are D prime, DCoin FX and deriv, and reading two or three together is usually more telling than any single visit.

This report follows the pattern for Labuan.

Reading the checks together

In short, the building did not match the address, there was no sign for the company outside, it was not in the building directory and reception had nothing for it. No single check settles an outcome on its own, which is why each one is listed above rather than folded into a verdict.

What this outcome means

Office not found. The researcher could not identify the broker or relevant entity at the stated address.

A field survey confirms only what was observed at the stated address and time. It does not verify regulatory status, client-money handling, trading conditions or financial strength. The photographs are the team's own, taken at the location on the day, and may be cropped for privacy. Read how surveys are conducted.

If you represent Concord Markets and believe this report is wrong, send a response and it will be published beside the report.