Fortrade is the first broker to obtain an ASIC license in 2 years

0 508

Fortrade is the first broker to obtain an ASIC license in 2 years

Fortrade has been granted a Financial Services License by the Australian Securities and Investments Commission (ASIC), which has not been very welcoming to new applicants from forex brokers for almost two years now. The Australian subsidiary of the Fortrade Group, Fort Securities Australia PTY LTD, is now regulated by ASIC License No. AFSL No. 493520.

Fortrade is the first broker to obtain an ASIC license in 2 years

Australia has always been a popular trading hub, but it has become a preferred forex trading destination after ESMA lowered the leverage along with other restrictions, and brokers regulated in both the EU and Australia are using a regulatory loophole to accommodate clients' requests to use higher leverage.

At the moment, ESMA does not appear to be taking a proactive stance to limit European clients from opening accounts with non-EU brokers, however, it could only be temporary.

Fortrade was founded in 2013 and has already established itself as a reliable forex broker in the European markets. Its subsidiaries hold licenses from the FCA of the United Kingdom and the National Bank of the Republic of Belarus. The company has its own desktop, mobile and web platform, in addition to the industry-leading MetaTrader4.

ForexArby.com has no relation whatsoever with Metaquote and we have no responsibility regarding their products offered by our Sponsors.

Seize the chance to earn real money instantly!
Take 4 simple steps along the path to success and financial independence
1
Open a trading account
Beginner traders can start their career in forex Practice on a demo account
2
Download - Powerful, reliable and proven trading platform
System requirements: Windows 7 and later versions
platform for Android
System requirements: Android 4.0 and above, 3G/WiFi
platform Ctrade for iOS
System requirements: iOS 4.0 or later, 3G/Wifi
3
Deposit to your trading account through any convenient payment system
4
Great bonuses guarantee your confident start in trading
Bonuses are added ranging in size From 20% to 50% to your account every time you make a deposit
Related topics
guest
0 comments
Inline Feedbacks
View all comments
enEnglish