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Abstract:Ever since ASIC announced what may be called the “strictest ever” regulation in the first half of 2019, Australian forex brokers had been taking counter-measures against the change: some shifted to regulations of other countries, while others decided to withdraw from Chinese market.
Broker: FP Markets
Visited on: July 21st, 2019
Conclusion: the broker really exists.
Visit background
Ever since ASIC announced what may be called the “strictest ever” regulation in the first half of 2019, Australian forex brokers had been taking counter-measures against the change: some shifted to regulations of other countries, while others decided to withdraw from Chinese market. But there are also brokers that were scarcely affected by ASIC‘s policy change, and FP Market, a prestigious Australian forex broker is one of them. This time, WikiFX is visiting FP Market’s office in Sydney.
On-spot investigation
Regulatory information suggests the office of FP Markets in Australia is located at Mathew Murphie, Level 5, 10 Bridge Street in Sydney, NSW.
Bridge Street runs through Sydney‘s CB D. We arrived at 10 Bridge Street, a grand-looking office building, and took the elevator to level 5. Following the directory sign, we soon found our destination, room 502 and saw FP Markets’ striking logo at the entrance. We had a brief conversation with the companys staff in the bright, spacious and well-furnished office, and confirmed that the licensed branch of FP Markets in Australia truly exists.
About FP Markets
Established in 2005 in Australia, FP Markets is among the first group of local brokers that received AFSL license from ASIC (AFSL license number 286354). The broker offers services in equities, forex, indices, commodities, Bitcoins and CFD to global clients and has a loyal group of customers worldwide.
Conclusion
According to WikiFX App, FP Markets is currently under valid regulation with MM license issued by ASIC and is rated at 8.23 on WikiFX App, indicating high credibility.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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