Financial Service License
Superforex is fully licensed within Australia by the Australian Securities and Investment Commission (ASIC) and has an Australia Financial License (AFSL 443886) to deal and provide general advice to both wholesale and retail clients in Foreign Exchange Contracts, Derivatives, and Non-Cash Payment Services.
About Australian Financial Services Licence
According to the Corporations Act 2001 and Financial Services Reform Act 2001, Foreign Exchange Contract and Non-Cash Payment Providers are subject to Financial Products. Whoever provides and operate these products and services to the public they must hold a Financial Service License or Authorized Representative License issued by ASIC. To be eligible for AFSL it must go through comprehensive and rigorous review by ASIC regulatory including; business regulatory assessment, Capital requirements, Risk control and all staff are certified and trained.