AUSFOREX is now licensed by the Financial Conduct Authority (FCA) EEA, Regulatory Number: 803268; Hong Kong Securities and Futures Commission (SFC) Class III Licensing, Regulatory Number: BLU727; Cyprus Securities and Exchange Commission (CySEC) supervision, supervision number: 350/17; Mauritius Financial Services Commission (FSC), supervision number: C157539.
FCA regulates most financial services markets, exchanges, and firms in the UK. It sets the standards that must be met and can take actions against firms if they fail to meet the required standards.
As a FCA regulated firm, AUSFOREX is obligated to meet the stringent standards set by the FCA, submit financial reports on a regular basis and undertake detailed annual audits. This includes ensuring client funds are held in quality Tier 1 banks approved by the FCA. All money received from our clients is treated as “Client Money” under FCA client money rules. Under these rules all client money must be kept separate from company funds, in a segregated account and at no point can client money be treated as company assets. AUSFOREX cannot use client money to cover their own needs,expenses, risks or utilize those funds in case of insolvency. Client money rule form one of the most important parts of the financial regulatory system related to consumers and AUSFOREX is committed to upholding them.
If a FCA regulated company fails to meet its financial obligations, a liquidator world not be able to use client money to meet claims of general creditors of the failed company. Clients’ funds can only be used to pay compensation to clients who held deposits with the company. This is in contrast to US NFA regulated firms, where client funds are not kept in segregated accounts, in the case of a company failure in the US clients are treated as general creditors.
AUSFOREX holds a third type of license under the supervision of the Hong Kong Securities and Futures Commission in Hong Kong. The supervision number: BLU727 can be used for leveraged foreign exchange transactions. The Hong Kong Securities Regulatory Commission was established in 1989 and is regulated in accordance with relevant national laws, regulations and rules. The statutory body is responsible for regulating the operation of the leveraged foreign exchange market. As the financial supervision institution of the international financial center, the Hong Kong Securities Regulatory Commission requires us to submit 12 forms such as an audit form, a client's fund statement and a trading position table every month, and at the same time, to identify, monitor and control the risks involved in the business, the Hong Kong Securities and Futures Commission requires Licensed companies establish appropriate internal management systems. Our company will strictly abide by the above regulations.
AUSFOREX is supervised by the Cyprus Securities and Exchange Commission (CySEC) under regulatory number 350/17. CySEC was established in 2003 to regulate securities, foreign exchange and some other financial products, providing straight-through to all EU countries and other countries outside the EU. Dealing with trading services and brokerage business, all companies subject to CySEC supervision must participate in the Investor Compensation Fund. When an investment company goes bankrupt or is unable to meet its financial obligations, each retail customer will receive compensation. The above regulations indicate that all of our clients' investments can be better protected.
AUSFOREX is regulated by the Mauritius Financial Services Commission (FSC), Regulatory Number: C157539, FSC was established in 2001 as a regulator of the non-bank financial services industry in Mauritius. The FSC's terms of reference include supervision and review of financial services companies such as securities and foreign exchange, and promote the development of fair and efficient non-bank financial institutions and capital markets, thus further providing investors with protection.
All client funds are held fully segregated client trust accounts held at Abu Dhabi Islamic Bank.
Client funds are kept separate from AUSFOREX’s company funds.If AUSFOREX were to become insolvent, client funds will not be used to pay back creditors.
At AUSFOREX we aim to provide the best possible service, however if you think that we do not deliver what we have promised we want to hear from you.This will give us a chance to put things right and improve our services. If you have any complaints or comments, send an email to email@example.com.
Trading foreign exchange on margin carries high potential rewards but also high potential risks that may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience and risk appetite. Past performance is not indicative of future results, which can vary due to market volatility. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Any opinions, news, research, analyses, prices or other information contained on this website or linked to from this website are provided as general market commentary and do not constitute investment advice. AUSFOREX does not accept liability for any loss or damage, including any loss or profit, which may arise directly or indirectly from use of or reliance on such information.