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MT4 Broker | ASIC Regulated | Forex & CFD trading | Eightcap

submitted by eightcapeightcap071 to u/eightcapeightcap071 [link] [comments]

Zebrarank:April 30 deadline has expired, ASIC broker IFGM announced its withdrawal from the Chinese market

Fast news, foreign exchange spy received platform information, ASIC regulatory platform IFGM announced to suspend the mainland China market related services, namely exit China.
1.IFGM terminates cooperation with a third party company in China;
2.IFGM will not accept new account opening application and deposit in mainland China from now on;
  1. For the current position holding customers in mainland China, they will close their positions at 17:00 on May 8, 2019 (Australian eastern time) and apply for gold. Overdue accounts will be subject to enforcement.
  2. Customer funds are liquidated successively.
It can be seen from the news that IFGM account in mainland China will not be opened in the future, because IFGM only has an Australian license. Whether because of ASIC regulatory requirements or the result of poor domestic operation, this withdrawal from the spy is recognized, at least the customer is properly cleared, rather than quietly run away.
What happens next with other platforms regulated only by ASIC? Investors need to keep an eye on foreign exchange spy information.
List of platforms with ASIC licence only (in no particular order) :
amdforex
Cardiff
The Advanced Markets
The Best Leader
charterprime
Rubix FX
PGWG
EightCap
GS Deep Ocean
Global Prime
Millennium capital
WistonFX
INVAST
OGFX
Ken company MARKETS
DV Markets (IFS Markets)
JB Alpha
City index
ILQ
Trend
FOREX CT
VT Markets
ETO Markets
TradeMax
AUGS Markets
Hantec Markets
GMT Markets
SuperTrader
BCR
ACY
Capstone
TBC
submitted by Zebrahelps to u/Zebrahelps [link] [comments]

Exclusive arrangement | ASIC supervises 63 brokerage firms'full list. Before the end of April, pay attention to the entry and exit of these platforms.

Australian regulators have asked their brokers to violate Chinese and EU laws in providing OTC derivatives to overseas retail traders.
At present, there are 63 Australian brokers in China. This week, the platforms that have cancelled ASIC regulatory licences are UTRADE, ESA ASIA and Baofu International.
Yesterday, the suspension of Chinese customers'cash inflows was announced by OANDA and Lotte Securities.
It should also be noted that only ASIC license platforms, if there is no good plan before the end of April, then customers in China will be affected. Investors should pay attention to the situation of April's income and expenditure. These platforms include (ranked indiscriminately):
Amdforex
Cardiff
IFGM
Advanced Markets
Best Leader
Charterprime
Rubix FX
PGWG
EightCap
GS Deep Ocean
Global Prime
Millennium,
Wiston FX
INVAST
OGFX
Mickens MARKETS
DV Markets (IFS Markets)
JB Alpha
City index
ILQ
Trend
FOREX CT
VT Markets
ETO Markets
TradeMax
GO Markets
AUGS Markets
Hantec Markets
GMT Markets
USGFX
SuperTrader
BCR
ACY
Capstone
Anzo Capital
TBC
With ASIC licences, there are also platforms with other licences. Although customer access to ASIC is monitored under Australian supervision, diversified licences still have advantages for customer ownership arrangements. These platforms include (ranked indiscriminately):
AVATrade
Eddie McAdral markets
KVB
Think Markets
XM
Profit securities
IC Markets
AETOS
MahiFX (Saled Retail Business)
FXOpen
Vantage FX
Xforex
FP Markets
European market
Velocity
Royal
MEX Group
Pepperstone
AxiTrader
Easy Markets
CMC Markets
Gain capital
FXCM
IG Markets
Before the end of April, ASIC brokers requested a written reply to ASIC detailing the measures taken to comply with regulatory requirements for overseas customers.
Before May 7, ASIC brokers need to e-mail the number of customers in each jurisdiction.
In the meantime, investors can choose platforms with a wide range of licences and high ratings through the official website of foreign exchange agents www.fxmitan.com.
submitted by Zebrahelps to u/Zebrahelps [link] [comments]

(10:37:34) Support Eightcap: At rollover we do sometimes experience this type of behaviour which is why we block the first 5 minutes of the trading day on Forex pairs from Tuesday-Friday. Unfortunately as this came through on the 23:59 candle it has affected trades. We understand this and are working to solve the problem EightCap is an online forex and CFD broker. Eight Cap offers the MetaTrader 4 and MetaTrader 5 forex trading top platforms. EightCap.com offers over 45 forex currency pairs, cryptocurrencies, indices, metals, and commodities for your personal investment and trading options. Eightcap offers the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. Eightcap also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move. See Eightcap's platforms . Still not sure? Open a practice account & learn to trade . 2) Executing Trades. Eightcap allows you ... Eightcap is a reputable regulated broker specialising in FX and CFD trading. The company gives its clients access to over 200 financial instruments including Forex, Indices, Commodities, Shares and Cryptocurrency, all available on the intuitive and award-winning MT4 and MT5 platforms. It... Risk Warning: Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified ... Start trading on low spreads with Eightcap today and choose from over 200 financial instruments. Create Account. Try free demo. Eightcap awarded Best Global Forex MT4 Broker 2020. 4.6/ 5 Excellent. 4.7/ 5 Excellent. Why trade with us. MT4 & MT5 delivered on a rock-solid, reliable infrastructure enhanced with a transparent, personalised service. Lightning Fast Execution. Our execution servers ... Eightcap (also known as “8cap”) was founded in 2009 and is regulated in one tier-1 jurisdiction and zero tier-2 jurisdictions, making it a safe broker (average-risk) for forex and CFDs trading. Eightcap lacks depth in categories such as research, compared to research leader IG. Likewise, for education, there are a few dozen articles for ... Learn about EightCap, Forex Broker in Melbourne, Victoria Australia. Find EightCap reviews and more on Forex Brokers Australia. 1 Winners of Best Global MT4 Forex Broker at the 2020 Global Forex Awards. 2 Fees and charges may apply. Refer to our legal documents for more information.. Risk Warning: Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined ... EightCap Broker, regulated and authorized by the ASIC, is now offering a great $30 No Deposit Bonus to all its newly joined clients after registering a live trading account. The bonus amount will be granted as a trading credit (non-withdrawable). The traders can use the offer to boost their trading skills, learn the ins and outs of trading with the broker, and earn some profits as well!

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