Tag: ASIC license suspended

direct fx bankrupt
October 18, 2018 BY LeapRate Staff

ASIC cancels license of bankrupt Retail Forex broker Direct FX

Following our exclusive report from Tuesday that Australian Retail Forex broker Direct FX was placed into liquidation with Deloitte named as administrator, it came as no surprise that today regulator ASIC announced that it was fully canceling Direct FX's AFS license. ASIC had first suspended Direct FX's license back in April. What was somewhat surprising,…

Read more
February 24, 2016 BY LeapRate Staff

ASIC suspends Australia AFS license of FX education site Traders4Traders

Australia financial regulator ASIC has suspended the Australian financial services (AFS) license of Sydney-based Traders4Traders Pty Ltd for failing to comply with a number of key obligations as a financial services licensee. Traders4Traders operates the www.traders4traders.com.au website, providing training and education services for FX traders. It is headed by Founder and Managing Partner Brad Gilbert. In particular,…

Read more