The Meeting of Creditors of Halifax Held in Sydney on Dec. 5th

Recently, FXEYE learned that with all accounts of investors frozen and withdrawal unavailable, there was something wrong with Halifaxs headquarters in Australia.

An investor shared experience with FXEYE

Through the investors experience, the official customer service stated that Halifax illegally operated its business.

According to the information, Halifax sent the email officially on November 23th to state that with withdrawal unavailable all investors accounts had been switched to “Close Only” mode, and that only closing out position could be available.

Screenshot of the conversation between the investor and customer service staff

The investor contacted the customer service staff, who replied that Halifax was being investigated by regulator due to illegal operation. The staff went on to say that in order to protect investors interests, Halifax froze their accounts, and the result of investigation depended on the reply of the regulator.

Chinese-English notice issued by Ferrier Hodgso

According to the notice, Halifax was under the charge of administrator appointed, and with withdrawal unavailable all investors accounts had been switched to “Close Only” mode.

Screenshot of Halifax’s regulatory informatio

According to Halifaxs Australian regulatory information, the broker has entered the process of bankruptcy.

Screenshot of an investor’s account

The selection of deposit and withdrawal has been removed from “Capital Management” of the investors account.

Screenshot of Halifax interface from FXEYE

With licenses such as ASIC‘s MM, FMA’s STP, and NFAs general financial license, Halifax was registered in Australia. Many people were sorry for the notice that Halifax suddenly entered the bankrupt process.

Now the broker has been marked as “Suspended” by FXEYE. As for the financial problem investors care most, FXEYE will pay close attention to it continuously by follow-up report.