In 2013, helped the Australian Securities and Investments Commission and Australian Federal Authorities uncover Australia’s largest expert trading case in history. Another media report declared that a senior employee was sacked after tipping off the regulator. 9]
In 2014, the firm was ranked # 1 on BRW Fast Beginners, with reported profits 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 Solutions Company. [11]
In March 2016 announced it had actually settled the sale of the majority of its business to Champ Private Equity. [12]
In February 2017, to adhere to its FCA commitments, the firm temporarily closed down their UK operations. [13]
CHAMP Private Equity offered its stake in years after buying the online investment platform. Business was purchased by its senior management group led by president Tamas Szabo and CHAMP managing director Fiona Lock. [14]
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This review was composed by industry professionals with over twenty years of financial experience in Forex, CFDs, Social Trading.
The content in this review does not apply to United States users.