In 2013, helped the Australian Securities and Investments Commission and Australian Federal Authorities discover Australia’s largest expert trading case in history. Another media report claimed that a senior worker was sacked after tipping off the regulator. 9]
In 2014, the firm was ranked # 1 on BRW Quick Starters, with reported revenues of $60m and 66% growth. [10]
In October 2014, stopped accepting Japanese clients after an inquiry by ASIC concerning the absence of a license from the Japanese Financial Provider Firm. [11]
In March 2016 announced it had finalized the sale of most of its business to Champ Private Equity. [12]
In February 2017, to adhere to its FCA responsibilities, the firm temporarily closed down their UK operations. [13]
CHAMP Private Equity sold its stake in 2.5 years after investing in the online financial investment platform. The business 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 industry experts with over twenty years of monetary experience in Forex, CFDs, Social Trading.
The content in this evaluation does not apply to United States users.