In 2013, assisted the Australian Securities and Investments Commission and Australian Federal Authorities uncover Australia’s largest 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% development. [10]
In October 2014, stopped accepting Japanese customers after an inquiry by ASIC concerning the lack of a license from the Japanese Financial Services Company. [11]
In March 2016 revealed it had completed the sale of the majority of its service 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 offered its stake in 2.5 years after investing in the online financial investment platform. The service was bought by its senior management team led by chief executive Tamas Szabo and CHAMP managing director Fiona Lock.
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This review was written by market specialists with over 20 years of monetary experience in Forex, CFDs, Social Trading.
The material in this evaluation does not apply to United States users.