July 14, 2020

Retail FX broker ForexCT has ASIC license cancelled - FX

Obtain an Offshore FOREX License ...read more


20-128MR ASIC cancels licence of retail OTC issuer Forex

Establish and register your investment Firm (IF / CIF), Forex (FX) and get your ASP / AIF / AIFM License from CySEC. Obtain an EU Banking license in Cyprus. ...read more


ASIC Forex Brokers - What Do Australian Brokers Offer?

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


Start choosing the best Australian Forex brokers with this

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


Cyprus Investment Firm, Forex, Crypto Licenses from CySEC

The Australian Securities and Investments Commission (ASIC) hasn’t been very welcoming of new retail forex broker license applications for quite some time now. The last such permit was granted by the regulator in 2017, with only one other being finalized in 2016. Today FortuneZ can confirm that a brand new licensee started operating in the market with […] ...read more


ASIC Withdraws Forex CT’s License for Disregarding

ASIC has cancelled the Australian financial services (AFS) licence of retail over the counter (OTC) derivative issuer Forex Capital Trading Pty Ltd (Forex CT). Forex CT offered clients opportunities to trade in contracts-for-difference (CFDs) and margin foreign exchange contracts (FX Contracts). ASIC cancelled Forex CT’s AFS licence after its ...read more


ASIC Suspends AFS licence of Forex Plus for Six Months

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 cancels the forex broker license of OliveFX | Forex

ASIC’s investigation also found that Forex CT lacked sound ethical values and judgement in dealing with clients, failed to ensure its representatives were adequately trained and complied with financial services laws and failed to ensure that financial services covered by its licence … ...read more


Best ASIC Regulated Brokers 🥇 Licensed Australian Platforms

Australian Forex Brokerage Firms. 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. The scope of the ASIC is to provide licensing to financial … ...read more


ASIC Regulated Forex Brokers • Scam Rescue

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


27 Best ASIC Forex Brokers - ( Reviewed ) 2021 - SA Shares

Forex brokers that are regulated by the ASIC are provided an Australian Financial Services Licenses (AFSL), which is accompanied by a financial services registry number and an official ASIC seal. All Forex brokers regulated by the ASIC should display its official seal of approval and license number on its official website, and the broker should readily provide such information upon request. ...read more


Asic Regulated Forex Broker - Comparison 2021

16-02-2021 · ASIC forex regulation. If you need to locate the best ASIC regulated forex brokers in Australia, you’ll find everything you need right here. Our experts will explain what ASIC regulated brokers are, how it all works, and which are the best ASIC broker sites to use. ...read more


ASIC regulated forex brokers in Australia

So to put it simply, for the company to apply for ASIC’s Australian Forex License they need to have a physical office in Australia and only then they are eligible to submit the application form. More than usually the brokerages, which are serious about their business will also appoint a local director at that due to familiarity with local laws. ...read more


HaveTrade - Australia

ASIC has stipulated all Forex brokers to hold a valid Australian Financial Services License (AFSL), which brings them directly under the ASIC regulation. ASIC operates under the Corporations Act (2001) of the Australian legislature and ensures that all laws are correctly interpreted according to the framework of the Government to maintain the integrity of the markets. ...read more


ASIC Regulated Forex Brokers - Does This Regulator Protect

15-03-2021 · ASIC on Monday announced the cancellation of the Australian Financial Services (AFS) licence of The Australian Dealer Group (ADG).. March 15, 2021 | AtoZ Markets – The Australian Securities and Investments Commission (ASIC) has banned Melbourne adviser Nizi Bhandari and cancelled the AFS license of The Australian Dealer Group. ...read more


Forex Trading: Why Trade with Australian ASIC Brokers

In relation to forex brokers, any broker who wishes to offer trading services within Australia must register with ASIC. This will then entitle to broker to receive an Australian Financial Services license which is needed to conduct operations in the country. ...read more


ASIC Cancels AFS Licence of The Australian Dealer Group

ASIC has recently suspended the licesnes of several companies. A few months ago the agency has announced new wave of regulations ...read more


ASIC Issues First Retail Broker License in Two Years

BESTE ️Forex-makelaars in het Verenigd Koninkrijk. ️ Bekijk een bruikbare samenvatting van de beste makelaars voor Britse handelaren, inclusief de minimale stortingen, leverages en legaliteit. ...read more


ASIC Overview of Licensing and Professional - Forex

As a market and trader credit regulator, ASIC supervises and licenses companies that participate in Forex and CFD trading by the Australian license AFSL (Australian Financial Services License). In order to become an ASIC licensed forex broker, the firm should prove and confirm the uncompromised professionalism that covers various aspects and urges brokers to be an orderly and transparent … ...read more


ASIC Cancels Licence of Retail OTC Issuer Forex Capital

2018-10-18T08:25:29+00:00 2018-10-18T10:30:56+00:00. The Australian Securities and Investments Commission (ASIC) announced today that it has canceled the Australian financial services (AFS) license of Direct FX Trading Pty Ltd, an Australian-based forex broker. ASIC noted in its statement that due to continued compliance failures from Direct FX, ...read more


ASIC Bans Steven Marsh For 3 Years After Cancelling Forex

Getting an ASIC license is a long process that takes a long time (a minimum of 6 months) and requires companies to meet strict criteria to be considered safe for retail clients. ...read more


ASIC Forex License (Australia) - YourOwnBrokerage.com

12-03-2021 · ASIC suspended AxiCorp’s AFS licence on 2 January, for four months after finding that the company failed to comply with certain laws including paying client money into an account with an Australian authorised deposit-taking institution and complying with client money reporting rules. ...read more


ASIC Regulated Forex Brokers | Forex Brokers Lab

ASIC Forex Regulation The ‘Australian Securities and Investments Commission,’ an autonomous government entity founded in 1998, is in charge of regulating financial businesses, corporates, financial markets, investment advisors, insurance providers, Forex brokerage firms … ...read more


ASIC places additional licence conditions for AxiCorp

ASIC Regulated Forex Brokers are known for the strict compliance of procedures along with high reliability since the regulation protects and provides strong funds security along with a guarantee from the Australian banks. Furthermore, the ASIC famous for its friendly consumer attitude, which offers a wide range of free online resources with ...read more


ASIC Regulated Forex Brokers List: Australia Top 10 (2021)

Nevertheless, during the last few years, ASIC has stopped approving the vast majority of the applications for the Australian Financial Licenses that were coming from the firms that were offering marginal trading – the Forex brokers. In the meantime, such licenses have been processed and granted for the companies from the different segments, e ...read more


Obtain an Offshore FOREX License

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


Forex License Cost | Offshore Forex License | Forex

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


Exclusive: Axi resolves license issues with ASIC - FX News

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 Cancels Direct FX's Financial Licence due to

Information about applying for and maintaining your licence or professional registration ...read more


AxiTrader AFS licence suspended | Forex Factory

Other excellent brokers that hold licenses with ASIC include IFGM, AxiTrader, VantageFX, ThinkMarkets, easyMarkets, Global Prime, Pepperstone, GOmarkets, and EightCap. As always, investors should be extremely cautious before engaging in trading forex or CFDs, spread betting, and binary options trading and heed all relevant risk warnings that come with these practices. ...read more


XM Regulation and Licensing

ASIC cancels the license of Forex broker Berndale Capital 1 reply. Looking for an ASIC broker that is equivalent of LMAX 24 replies. ASIC temporarily suspends the license of Direct FX 1 reply. ASIC cancels retail derivative issuers licence 0 replies. Need nsa, fsa or asic regulated broker that accepts liberty reserve 4 replies ...read more