In 2013, helped the Australian Securities and Investments Commission and Australian Federal Police uncover Australia’s largest expert trading case in history. Another media report declared that a senior worker was sacked after tipping off the regulator. 9]
In 2014, the company was ranked # 1 on BRW Quick Starters, with reported profits of $60m and 66% growth. [10]
In October 2014, ceased accepting Japanese customers after an inquiry 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 abide by its FCA obligations, the company momentarily closed down their UK operations. [13]
CHAMP Private Equity sold its stake in 2.5 years after investing in the online investment platform. The organization 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 composed by market professionals with over 20 years of financial experience in Forex, CFDs, Social Trading.
The material in this evaluation does not apply to US users.