In 2013, assisted the Australian Securities and Investments Commission and Australian Federal Police discover 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 Quick Beginners, with reported revenues of $60m and 66% development. [10]
In October 2014, ceased accepting Japanese customers after an inquiry by ASIC concerning the lack of a license from the Japanese Financial Provider Company. [11]
In March 2016 revealed it had finalized the sale of the majority of its company to Champ Private Equity. [12]
In February 2017, to abide by its FCA commitments, the company temporarily closed down their UK operations. [13]
CHAMP Private Equity offered its stake in years after buying the online investment platform. Business was bought by its senior management group led by chief executive Tamas Szabo and CHAMP handling director Fiona Lock. [14]
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This evaluation was written by industry experts with over 20 years of monetary experience in Forex, CFDs, Social Trading.
The material in this evaluation does not apply to United States users.