ASIC Raises Minimum Net Capital Requirement for Brokers

Over the past couple of decades, Australia has turned into one of the most desired locations for forex brokers, a sort of safe haven away from the draconian surveillance of other financial regulatory bodies around the world. Up until now, you only needed AUD $50,000 to set up a brokerage firm on the…

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ASIC Raises Minimum Net Capital Requirement for Brokers

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