Australia parliament passes new legislation to protect Retail Forex client money LeapRate

March 27, 2017 BY LeapRate Staff

Australia parliament passes new legislation to protect Retail Forex client money

Breaking Forex News... LeapRate has learned that Australia's parliament today passed the Treasury Laws Amendment (Measures No 1) Bill 2016, known more commonly as the Retail Client Money law. We had reported back in November that the Australian government was going to change the rules as to what ASIC licensed retail brokers offering over-the-counter derivatives products (read:…

February 01, 2017 BY LeapRate Staff

Blueberry Markets chooses TraderMade’s FX Navigator data and analytics

FX Navigator powered by TraderMade brings 40 years of FX Research and Analysis to the FX markets.

September 26, 2016 BY LeapRate Staff

Pepperstone receives FCA license, set to expand in the UK - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that ASIC regulated, Melbourne, Australia based retail forex broker Pepperstone is getting set to announce a major expansion in the UK and Europe. One of Australia's leading Retail Forex and CFD brokers, Pepperstone has already finalized the FCA license of its UK subsidiary, Pepperstone Limited. Pepperstone acquired what is now…

September 02, 2016 BY LeapRate Staff

Australian online broker CommSec hit with $700,000 ASIC fine

Australia financial regulator ASIC has announced that CommSec (Commonwealth Securities Limited (CommSec), one of Australia's largest online brokers, has paid a total penalty of AUD $700,000 to comply with two infringement notices given to it by ASIC's Markets Disciplinary Panel (MDP), and has voluntarily refunded $1.1 million in brokerage to more than 25,000 clients. The MDP had reasonable…

August 30, 2016 BY LeapRate Staff

Invast promotes Jon Leung and James Alexander to boost its PurePrime FX institutional services

Invast Global, the ASIC-regulated Australian-based offshoot of leading Japanese brokerage Invast Securities Co. Ltd. (TYO:8709), has promoted two C-level executives with an eye to further expanding its FX prime services offering, PurePrime. Joining Invast CEO Gavin White at the top management table will be Jon Leung and James Alexander. White, Leung and Alexander know each other…

August 26, 2016 BY LeapRate Staff

Blueberry Markets goes live as authorized rep of ASIC licensed retail forex broker EightCap

Following up on our exclusive report of August 4, that former AxiTrader exec Dean Hyde is launching a new Retail Forex brokerage, LeapRate has learned that the operation - called Blueberry Markets - has now indeed gone live and has begun taking on clients. One of the questions we were asked by our readers after…

August 18, 2016 BY LeapRate Staff

Pepperstone clients to receive Qantas frequent flyer points for new deposits and trades

The Retail Forex world is not short of promotions and offers for clients. So when we come across something a little interesting or unique, we like to point it out to our readers. It appears as if ASIC-regulated Australian retail forex broker Pepperstone has come up with an interesting way of attracting new clients and…

August 04, 2016 BY LeapRate Staff

AxiTrader lands multi million dollar investment from private equity firm RGT Capital

AxiCorp Financial Services Pty Ltd, parent company of leading Australian retail forex and CFD broker AxiTrader, has announced that it has received an investment from private equity firm RGT Capital. Neither party gave much in terms of details of the transaction. However LeapRate has learned that it was a multi million dollar investment for a…

August 04, 2016 BY LeapRate Staff

Former AxiTrader exec Dean Hyde launching Retail Forex brokerage, Blueberry Markets

LeapRate Exclusive... LeapRate has learned that longtime AxiTrader executive Dean Hyde has left the company, and is getting set to launch a new Retail Forex brand called (uniquely) Blueberry Markets. Hyde had been with AxiTrader, Australia's largest Retail Forex broker, for nearly six years, starting as a Sales Trader and steadily working his way up…

July 28, 2016 BY LeapRate Staff

Direct FX launches new website, adds US Equities on MT4 with DriveWealth - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that ASIC regulated retail forex broker Direct FX has redone its website, which just went live earlier this week. In conjunction with the new look, Direct FX has partnered with FINRA-regulated broker DriveWealth to launch exchange-listed US Equities and Futures trading on MetaTrader 4 to its network of global partners and direct…

Tag: ASIC regulated brokers