July 14, 2020

As new regulations come, ASIC suspends licenses of several

05-06-2020 · The Australian Securities & Investments Commission (ASIC) has withdrawn the AFS license of retail Forex Capital Trading Firm (Forex CT). ASIC stated that it has canceled the license of Forex CT because it found out the company ignored the main obligations of a firm holding an AFS license, resulting in deceptive, misleading, and unconscionable conduct. ...read more

 

ASIC Overview of Licensing and Professional - Forex

Forex brokers that have an AFS license and operate from Australia should have Australian citizens as majority clients. In case a Forex broker accepts clients from some other country, a license from the regulating authority in the client’s jurisdiction is a must. Forex broker Pepperstone is … ...read more

 

Forex Trading Guides - Our Experts Rate Them All - forextraders.com

Legal: This website is operated by Trading Point of Financial Instruments Limited, registration number HE251334, with registered address at 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus. Risk Warning: Forex and CFD trading involves significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure. ...read more

 

ASIC Withdraws Forex CT’s License for Disregarding

18-02-2019 · Level B Forex Jurisdictions. Great Britain ( FCA – the regulatory body) Australia ( ASIC – the regulatory body) -Less stringent reporting requirements. -Obtaining a license can cost around $35,00-$50,000. -A physical office presence is required. -$100,000 of capital is needed (non- … ...read more

 

We List The Safe FX Brokers - So You Can Avoid The Scams

23-04-2018 · ใบอนุญาต และการกำกับดูแลของโบรกเกอร์ฟอเร็กซ์ (License forex) ถ้าจะเปรียบเทียบกับประเทศไทยเราก็คล้ายๆ กับ กลต นั้นเอง ...read more

 

ASIC implements ten-year ban for Forex CT director

Obtain an Offshore FOREX License ...read more

 

ASIC Regulated Forex Brokers • Scam Rescue

Best ASIC Regulated Forex Brokers [2020] ...read more

 

FinanceFeeds | ASIC cancels AFS licence of Forex Capital

ASIC suspended the Forex Plus’s AFS licence for six months. The regulator said the company had not conducted or provided financial services for some time. The company also did not submit its audited accounts for several years. 28 May, 2020, | AtoZ Markets – Forex Plus Australia Pty Ltd is a financial services provider. ...read more

 

Cyprus Investment Firm, Forex, Crypto Licenses from CySEC

Obtaining an ASIC license is not as easy as it seems. ASIC requires some stringent rules to forex brokers who want to provide assurance to their customers. For example, all ASIC regulated Forex brokers must hold a minimum net capital AUD 1,000,000 to protect investors from bankruptcy or unexpected events. ...read more

 

ASIC cancels the forex broker license of OliveFX | Forex

26-02-2020 · If ASIC finds out you made a mistake, the penalty is a very heavy fine, license suspension or jail time. ASIC relies on electronic detection rather than human whistle blower. With offense relating to insider trading in shares, their conviction rate is almost 100%. ...read more

 

ASIC Forex License (Australia) - YourOwnBrokerage.com

Vantage FX was founded in 2009 by a highly-specialised team with backgrounds in Finance, FOREX and Technology. Created to help clients pursue their financial goals, we proudly offer transparent access to the FOREX market, powerful trading platforms (MT4 and MT5), exceptional execution speed, and award-winning customer service. ...read more

 

ASIC temporarily suspends the license of Direct FX

ASIC has today reported on its approach to and assessment of licence applications and professional registrations for the period July 2016 to June 2017. Report 553 Overview of licensing and professional registration applications: July 2016 to June 2017 (REP 553) provides an overview of ASIC’s activity and oversight in relation to applications for Australian financial services licences (ASFL), … ...read more

 

XM Regulation and Licensing

ASIC Forex Regulated Brokers. The Australian Securities and Investments Commission, an autonomous government entity founded in 1998, is responsible for regulating financial firms, businesses, the financial markets, investment advisers, insurers, Forex brokerage … ...read more

 

Forex License Cost | Offshore Forex License | Forex

Obtain an Offshore FOREX License ...read more

 

ASIC Issues First Retail Broker License in Two Years

After the specified period of the report, ASIC cancelled the AFS license of forex brokerage Union Standard International Group Pty Ltd (USGFX) as it entered into liquidation. ASIC Made the Rules Strict ...read more

 

Forex Trading Guides - Our Experts Rate Them All - forextraders.com

About Licensing Body Australia Forex License (ASIC) ASIC is the regulatory body in Australia, responsible for the review and issuing of forex licenses. The ASIC licenses are issued to financial companies which intend to engage in forex activity provided they meet certain criteria as required by the ASIC, this many include capital adequacy and fit and proper tests. ...read more

 

AxiTrader AFS licence suspended | Forex Factory

29-06-2020 · His ban comes a month after his previous employer, Forex CT, got its Australian Financial Services (AFS) license canceled. The firm issued over the counter (OTC) derivatives. The firm’s license was canceled after ASIC determined that its business model disregarded the key obligations necessary for an AFS licensee. ...read more

 

ASIC Issued 394 AFS Licenses in 2019-20 | Finance Magnates

Axi is a brand name of AxiCorp Financial Services Pty Ltd, which holds an Australian Financial Services License (AFSL) number 318232.In early 2020, the Australian Securities and Investments Commission (ASIC) announced that it would suspend Axi’s AFS license for four months, but that AxiCorp Financial Services Pty Ltd had applied to the Administrative Appeals Tribunal to review and reject the ...read more

 

Exclusive: Axi resolves license issues with ASIC - FX News

Evidently, the ASIC also aims at ensuring that the brokers abide by the law and the regulations imposed by it. It also deals with processing and storing sensitive information. What you should know about ASIC regulated forex brokers. Simply put, ASIC basically necessitates brokers to have an adequate AFS license. ...read more