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Author: Admin | 2025-04-28
Compare The Best ASIC Regulated BrokersAre you interested in finding out more about ASIC regulated brokers in Australia? Or are you searching for a new broker to trade with? Then you’ve come to the right place.Firstly, what is ASIC? ASIC stands for the Australian Securities and Investment Commission. Founded in 1998, ASIC is a government agency that is tasked with regulating the financial markets in Australia. It’s main role is to enforce & regulate all businesses, entities and financial professionals that operate within the financial services industry. This ensures they all adhere to strict policies and procedures put in place.ASIC has gained a reputation as one of the toughest regulatory agencies in the world. ASIC requires that all Australian brokers obtain a Australian Financial Services License (AFSL) in order to be compliant.Recommended ASIC Brokers In 2023: Segregated Bank Accounts? What Are ASIC’s Main Responsibilities?The main objective of ASIC is to ensure that there are fair trading standards between brokers and Australian consumers. In other words, ASIC is responsible for providing Australian investors a fair, safe & secure place to trade. To do this, ASIC implements a wide range of rules and regulations on CFD brokers that hold an AFSL. This ensures only the very best brokerages can provide financial trading services to Australian citizens.ASIC’s main goals and responsibilities;Maintain and hold CFD brokers to account – i.e. ensure they “play fair” with Australian citizensAdminister and implement Australian law effectivelyProvide quality information on brokers that can be accessed by Australian consumersProtect Australian
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