Australian Forex Broker and Binary Options Licensing
The regulatory body in charge of regulating
the Australia financial services industry is the
Australian Securities & Investments Commission (ASIC). ASIC is
defined as an independent government body in Australia with the
purpose of acting as Australia’s corporate regulator.
The establishment of the ASIC was primarily
to enforce financial services laws and to regulate
financial services institutions in Australia. Since 2010, the
scope of ASIC’s responsibilities extended to regulating finance broking,
trustee companies and consumer credit companies.
For all Forex Brokers and or Binary Options
Companies seeking an Australian Broker License, the applications
will be made to ASIC and on approval of the application you will be
issued a broker license from ASIC.
Obtaining an Australian Broker License
The experts at Archer are well
versed in the requirements of the AISC and will guide you through the
process of obtaining your Forex Brokerage and or Binary Options License.
Australia is an excellent choice for
regulation and is very highly regarded in Asia. Of late the Australian
regulator has been demonstrating a more active approach to regulating
online trading companies and strong local representation is essential.
Archer and its local partners support their clients on an ongoing basis
to assist with dealing with ASIC and maintaining the license. Ask your
Archer representative for more information on Australian licensing and
how it can help grow your business.