In 2013, helped the Australian Securities and Investments Commission and Australian Federal Police discover Australia’s biggest expert trading case in history. Another media report claimed that a senior staff member was sacked after tipping off the regulator. 9]
In 2014, the company was ranked # 1 on BRW Quick Beginners, with reported earnings of $60m and 66% growth. [10]
In October 2014, ceased accepting Japanese clients after a questions by ASIC concerning the lack of a license from the Japanese Financial Services Firm. [11]
In March 2016 revealed it had actually settled the sale of the majority of its business to Champ Private Equity. [12]
In February 2017, to abide by its FCA responsibilities, the company temporarily shut down their UK operations. [13]
CHAMP Private Equity offered its stake in years after purchasing the online investment platform. Business was bought by its senior management team led by chief executive Tamas Szabo and CHAMP managing director Fiona Lock. [14]
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This review was written by market professionals with over twenty years of financial experience in Forex, CFDs, Social Trading.
The material in this review does not apply to US users.