65 business-overrun brokers worldwide regulated by ASIC (AUS)

Australia is one of the countries with most of the global Forex brokers and has established robust position in Forex market.

WikiFX, therefore, has received lots of investors' reports of Australian brokers. WikiFX releases the list of “business-overrun” brokers whom are regulated by ASIC (AUS).

The list of Forex brokers with overrun business under ASIC(AUS)'s regulation (worldwide)

交易商名单：

Aurum

FXVGI

JWAFX

CREMORNE

MLC

LTFX

AEFOREX

Zammit

SENTINEL

DJC

Morriso

TREND FINANCIAL

OpenMARKET

FintechFX

JFM

Millennium Alpha

ORIGIN EC

Taurus

DC&SJ

APP Securitie

MFX MARKET

Wizer

DDM

BELLMONT

GPAC

Capstone

BaoTai

K

ASX

TBC

PULSE CREDIT

GMCU

bcu

Family First

Credit Union SA

Heritage Bank

Bank First

FCCL

HCCU

CMCU

Coastline

BEAVER ONE

KNR

HC

BSFX

Channel Capital

GDFX

TASMA

Compass Market

Aussie Forex

PRFX

SUN-H

InstaReM

TransferWise

Howard FX

CCFX

Easy

Shinhan Bank

EVITRADE,Evolution

SAF

Kapital

AquireFX

AUG AUG

Banya

You will notice the remarks of “overrun business” of some Forex brokers in WikiFX.

So, what is the meaning of “overrun business”？

Different countries will issue different licenses, covering different operation scope allowed; and, most of the brokers' registration numbers can be checked in the website of countries regulatory bodies.

However, if the license doesn't cover the Forex brokerage business but they engaged in Forex trading; it can be deemed as “overrun business”, an illegal practice with very high risk.

WikiFX reminds investors to be aware of the brokers marked with“overrun business” in WikiFX, meaning that they engaged in illegal practices with higher risk.

Next “Chinese New Year Alert”, WikiFX will release the list of brokers regulated by CYSEC (Cyprus). Stay tuned!