February 16, 2015 BY LeapRate Staff

ASIC highlights MT4 Virtual Dealer risks in canceling Australia licence of retail forex broker Enfinium

Australia financial regulator ASIC has continued its tough recent stance on the retail forex sector, with the cancellation of the Australian Financial Services (AFS) license of retail forex broker Enfinium Pty Ltd following a detailed investigation. ASIC's main concern surrounded Enfinium's use of the Virtual Dealer plugin for MT4. Virtual Dealer gives a broker the ability to add…

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