Essential

ASIC

Australian Securities and Investments Commission - Australia's top-tier financial regulator.

Definition

ASIC (Australian Securities and Investments Commission) is Australia's corporate, markets, and financial services regulator. It's considered a Tier-1 regulator with strict requirements for brokers including leverage caps (30:1 forex) and negative balance protection.

How It Works

Regulates financial services companies in Australia
Requires brokers to hold client funds in segregated accounts
Leverage capped at 30:1 for forex retail clients
Mandatory negative balance protection

Trading Tips

ASIC-regulated brokers offer strong consumer protection

Check the ASIC register to verify broker licenses

Complaints can be made to AFCA (Australian Financial Complaints Authority)

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