ASIC regulation
Nov 28, 2019 at 12:12
1,551 Tampilan
8 Balasan
Menjadi Anggota Sejak Jul 05, 2017
4 postingan
Nov 28, 2019 at 12:12
I read somewhere that ASIC protests only Aussie funds. If an Australian (forex) broker becomes insolvent how does ASIC regulations make sure foreign client gets their deposits?
mattkoola@
Menjadi Anggota Sejak May 11, 2019
23 postingan
Jan 22, 2020 at 18:04
Very interesting point, how to work with all that matter anyway. Do you have any solution for that matter or not? I do not clearly see it coming for whatever reason being done. I am scary to deal with Forex people anyway from Australia.
Menjadi Anggota Sejak Jul 16, 2014
10 postingan
Feb 28, 2020 at 08:07
you need to visit the official website of ASIC.
Menjadi Anggota Sejak Nov 25, 2019
9 postingan
Feb 28, 2020 at 10:50
I read this is the case but at least there is good regulation
Menjadi Anggota Sejak Jul 16, 2014
10 postingan
Feb 28, 2020 at 10:52
Now top regulations FCA and ASIC .
Menjadi Anggota Sejak Oct 30, 2019
22 postingan
Jun 21, 2020 at 14:31
If a brokerage company has regulation, then it's fine. Because usually the regulator provides insurance of certain amounts in case traders lose money through the fault of the brokerage company. The only limitation is that they do not compensate very large amounts, but in the range of 10-20 thousand dollars they usually do.
Menjadi Anggota Sejak Jul 20, 2019
338 postingan
Jun 29, 2020 at 15:10
MattKoola posted:
I read somewhere that ASIC protests only Aussie funds. If an Australian (forex) broker becomes insolvent how does ASIC regulations make sure foreign client gets their deposits?
As an "offshore trader" you're not allowed to use ASIC-regulated brokers anymore (since January 2020).
If there's any broker out there who's still offering his ASIC-regulated forex services to offshore-clients, then just stay away.
Always look for a regulation that is still allowed in your area (like NFA for USA; Cysec/FCA/BaFin/ICB/FinMa ... for Europe, ASIC for Australia, FCA for UK, IFSC for all other offshore traders).
patience is the key
Menjadi Anggota Sejak Jul 23, 2020
816 postingan
Sep 18, 2020 at 15:09
You can make a complaint in writing or by phone through ASIC official website. You also find a video tutorial in their website regarding how to complain.
Menjadi Anggota Sejak Jul 20, 2019
338 postingan
Nov 25, 2020 at 10:00
MattKoola posted:
I read somewhere that ASIC protests only Aussie funds. If an Australian (forex) broker becomes insolvent how does ASIC regulations make sure foreign client gets their deposits?
Since January 2020 ASIC/AFC regulated brokers are NOT allowed to onboard foreign clients anymore. Such brokers need to give you an account in your regulated territory then (like ESMA/Cysec for the whole EU, CTFC/NFA for USA, IFSC for offshore, FCA for UK, or similar).
patience is the key
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