In 2013, assisted the Australian Securities and Investments Commission and Australian Federal Police reveal 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 earnings of $60m and 66% development. [10]
In October 2014, stopped accepting Japanese clients after a query by ASIC relating to the lack of a license from the Japanese Financial Solutions Company. [11]
In March 2016 announced it had completed the sale of the majority of its business to Champ Private Equity. [12]
In February 2017, to comply with its FCA commitments, the company briefly closed down their UK operations. [13]
CHAMP Private Equity offered its stake in years after buying the online investment platform. The business was bought by its senior management group led by chief executive Tamas Szabo and CHAMP managing director Fiona Lock. [14]
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This evaluation was written by industry experts with over twenty years of monetary experience in Forex, CFDs, Social Trading.
The content in this review does not apply to United States users.