Ower: the building at 2 Market Street is a construction site

What the team found

Ower publishes Level 12, 2 Market Street, Sydney NSW 2000 as its office. The address is in Sydney. The building is behind hoardings and being redeveloped, so there was no lobby, reception or directory to check, and no signage for the company on or around the site.

The visit is recorded as closed rather than as a definitive absence, but the address Ower publishes is not somewhere a company can be operating from at the moment.

The checks

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

Who else uses this address

5 other brokers in this set publish an address on Market Street. In a large commercial building that is unremarkable, though it is worth knowing when you are comparing firms that look unconnected.

Across the 5 other visits to that address, the team found nothing once and could not get access 4 times. Among them are PRUDENTIAL BROKERAGE, SAXO and Vantage Trades.

This visit ended differently from most of the others, which is worth weighing against the pattern at the address.

What the published address commits to

Ower 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 Sydney looks like across the set

Sydney accounts for 156 of the addresses the team has visited. Across the 155 other visits to the city, the team confirmed an office 3 times, found nothing 15 times and could not get access 137 times.

The reports either side of this one in Sydney are PFCForex, PGWG and PROBIS, and reading two or three together is usually more telling than any single visit.

Reading the checks together

In short, the building was the one the address names, there was no sign for the company outside and reception could not say either way. 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

Temporarily closed. The location was closed during the visit and the reason or duration could not be fully established.

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 Ower and believe this report is wrong, send a response and it will be published beside the report.