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Author: Admin | 2025-04-27
Fees, and other questions pertaining to a forex broker license in Australia, don’t hesitate to contact our team of consultants today!Australia Forex Broker License FAQAre there any ASIC licensed brokers currently for sale?In addition to forex broker license consultation services, we can also assist you in acquiring an existing ASIC licensed forex broker. Because our offers vary based on availability in the market, it is best to contact us directly to discuss our current offers.After the license has been issued, does Atomiq Consulting also assist with establishing a local bank account?Yes, as part of our consultation services we will also assist your newly licensed broker with establishing a bank account in Australia.ASIC has chosen to change leverage requirements for all forex brokers licensed in Australia, when will this change in regulation take place?In late October of 2020, ASIC announced a product intervention which calls for the reduction of leverage for all forex & CFD products. The changes will go into effect starting on March 29, 2021. In addition to a reduction in leverage, ASIC licensed brokerages must also offer negative balance protection before the March deadline.What is the regulatory body which oversees forex & CFD trading in Australia?The Australian Securities and Investments Commission (ASIC) is the regulatory body that regulates FX trading in Australia.Does an ASIC forex broker license also apply to investors from New Zealand?New Zealand has its own financial regulatory body, the New Zealand Financial Markets Authority (FMA). Although traders from New Zealand are able to open an account with an ASIC licensed brokerage, any forex broker that specifically wishes to target investors residing in New Zealand should apply for an FMA forex broker license in New Zealand.Can Atomiq Consulting assist in receiving authorised representative (AR) approval in Australia?Yes, if your broker is interested in becoming an Authorised Representative in Australia, we are more than happy to assist you further.Which regulatory jurisdictions are similar to Australia?Forex brokers interested in establishing a presence in Oceania should also consider applying for an FX broker license in New Zealand. An additional jurisdiction to consider would be a forex broker license in Labuan, Malaysia.
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