Zachary Scott J42 O’Neil#47

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Is ASIC regulation reliable and how to check?

The Australian Securities and Investments Commission (ASIC) is one of the strictest regulators for forex and CFD brokers. ASIC-regulated brokers must hold an AFSL license and follow client protection rules, including segregated accounts and leverage limits. To check a license, search the broker on the ASIC Connect register at connectonline.asic.gov.au. Verify the company name, license number, and status. While ASIC regulation is highly respected, traders should also confirm whether the license covers forex trading specifically and not just general financial services.