In 2013, helped the Australian Securities and Investments Commission and Australian Federal Cops uncover Australia’s biggest expert trading case in history. Another media report declared that a senior worker was sacked after tipping off the regulator. 9]
In 2014, the company was ranked # 1 on BRW Fast Beginners, with reported revenues of $60m and 66% growth. [10]
In October 2014, stopped accepting Japanese clients after an inquiry by ASIC concerning the lack of a license from the Japanese Financial Services Company. [11]
In March 2016 announced it had settled the sale of the majority of its service to Champ Private Equity. [12]
In February 2017, to abide by its FCA obligations, the firm temporarily shut down their UK operations. [13]
CHAMP Private Equity sold its stake in 2.5 years after investing in the online financial investment platform. The company was bought by its senior management group led by primary executive Tamas Szabo and CHAMP handling director Fiona Lock.
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This evaluation was written by market specialists with over 20 years of monetary experience in Forex, CFDs, Social Trading.
The content in this evaluation does not apply to US users.