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Tag: Australia

Australian forex broker Ingot Brokers fixes cash reserve to meet ASIC requirements

Nov 13 2015 09:33:09 Stanimir Zhelev in Brokers

Australian forex broker Ingot Brokers has rectified its cash and cash equivalents arrangements to comply with the financial resource requirements of the Australian Securities and Investments Commission (ASIC), the regulator said yesterday. Read more

Australia’s ASIC fines XForex $30,600 for misleading ads

Nov 03 2015 09:38:05 Stanimir Zhelev in Brokers

Australia’s financial regulator, ASIC, has issued three infringement notices against O.C.M. Online Capital Markets Pty Ltd (OCM), which operates under the trade name XForex, for misleading online advertising and contravening consumer protection laws. Read more

Australian regulator cancels NZGFT's forex licence

Oct 15 2015 14:34:44 Stanimir Zhelev in Market

Australian Securities and Investments Commission (ASIC) has not granted a new forex licence since January 1 2014. Now it revokes one of the existing licences on misleading marketing claims. Read more

ASIC pushes FIBO Group and XM.com out of the Australian forex market

Aug 27 2015 14:45:58 Stanimir Zhelev in Brokers

Following ASIC concerns, British Virgin Island company FIBO Group Limited (FIBO) and a Cyprus company, Trading Point of Financial Instruments Limited (also known by the trading name XM.com) (Trading Point), have each agreed to cease providing unlicensed financial services to Australians. Read more

Australian forex regulator ASIC reports enforcement outcomes

Aug 06 2015 14:39:50 Stanimir Zhelev in Market

Over the past few years, an increasing number of businesses have been applying for an AFS licence to set up and operate a retail margin FX broker business in Australia. Read more

Forex Scam: ASIC shuts down the unregulated broker KiwiFXBank

Nov 21 2014 12:55:19 Stanimir Zhelev in Brokers

ASIC has taken action in the NSW Supreme Court to permanently shut down unlicensed foreign exchange (FX) business, Vault Market Pty Ltd (Vault Market), and to remove its sole director, Mr MD Anamul Amin, from the financial services industry. Read more

Forex Scam: ASIC warns against YoutradeFX

Nov 19 2014 15:49:54 Stanimir Zhelev in Brokers

The warning comes 3 months after YouTradeFX sold its Australian customer book to AvaTrade and launched a binary options trading service called Woojoo Trader   ASIC has today cautioned Australian investors against dealing with the company or group YoutradeFX for trading in margin foreign exc... Read more

AvaTrade acquires YouTradeFX's Australian customer base

Jul 30 2014 12:00:37 Stanimir Zhelev in Brokers

AvaTrade's new customers will enjoy a wider choice of trading instruments, including more CFDs, FX options and binary options. Read more

Australia's IC Markets Now Offers Sirix Web Trading Platform

Jul 16 2014 13:08:45 Stanimir Zhelev in Brokers

IC Markets, a fast growing Australian forex brokers, has added Sirix to its list of trading platforms.  Leverate's web based platform was completely redesigned from the ground up in HTML5 last year and features advanced charting and over 30 built-in technical indicators. Read more

ASIC Regulated GO Markets Adds Binary Options to Its MT4 Platform

Jul 11 2014 14:32:02 Stanimir Zhelev in Brokers

GO Markets, an Australian forex broker regulated by ASIC, has officially launched  binary options trading earlier this week.  Traders can choose between two trading platforms to trade binaries - the popular Metatrader 4 and a standalone web platform, provided by TradeToolsFX . Read more

Australian Forex Broker Pepperstone Now Offers USDRUB and USDTHB Trading

Jul 11 2014 11:16:23 Stanimir Zhelev in Brokers

Pepperstone, an Australian forex broker regulated by ASIC, announced that it has added Russian Ruble (USDRUB) and Thai Baht (USDTHB) to its line-up of currency pairs, available for trading on it MT4 platform. Read more

Invast’s ST24 Social Tranding Platform Launches in Australia

Jun 03 2014 10:16:40 Stanimir Zhelev in Brokers

Invast Financial Services, the Australian subsidiary of Invast Securities (Japan), now offers live accounts on its ST24 social tranding platform. ST24, a branded Miror Trader, allows traders to choose from over 6,000 pre-approved forex trading strategies. Read more

Trading in Australia - Regulatory Environment

May 27 2014 14:27:18 Stanimir Zhelev in Market

Today Australia’s financial markets receive worldwide recognition for their overall wellbeing. The country’s financial markets are supported by a regulatory system that functions under a series of best practices guidelines. Read more

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