In 2013, helped the Australian Securities and Investments Commission and Australian Federal Police uncover Australia’s biggest expert trading case in history. Another media report declared that a senior staff member was sacked after tipping off the regulator. 9]
In 2014, the company was ranked # 1 on BRW Fast Starters, with reported earnings of $60m and 66% growth. [10]
In October 2014, ceased accepting Japanese clients after an inquiry by ASIC relating to the lack of a license from the Japanese Financial Provider Firm. [11]
In March 2016 revealed it had completed the sale of most of its company to Champ Private Equity. [12]
In February 2017, to comply with its FCA responsibilities, the company briefly 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 organization was bought by its senior management group led by chief executive Tamas Szabo and CHAMP managing director Fiona Lock.
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This evaluation was written by market experts with over twenty years of financial experience in Forex, CFDs, Social Trading.
The material in this evaluation does not apply to United States users.