Australia

Over 1200 Australians lose millions to Bitcoin scams – report

By Henry Hughes

February 19, 2018

More than 1200 Australians have lost over AUD 1.2 million to various Bitcoin scams in 2017, show figures from the Australian Competition & Consumer Commission’s (ACCC) Scamwatch, quoted ...

Australia’s Commonwealth Bank blocks crypto buys with credit cards

By Henry Hughes

February 14, 2018

All News Cryptocurrencies Featured News

Australia’s leading bank, the Commonwealth Bank (CommBank), announced it is banning its clients from buying cryptocurrencies with credit cards issued by it, effective February 14. The restriction also ...

IG keeps top spot in Australia, Pepperstone climbs up

By Henry Hughes

August 30, 2017

All News Featured News Forex Brokers

The local subsidiary of IG Group remains the leader in Australia, shows the annual report of UK research and analysis company Investment Trends on the country. The survey ...

Saxo Capital Markets inks agreement with Australia’s OpenMarkets

By Henry Hughes

June 13, 2017

All News Featured News Forex Brokers

Saxo Capital Markets, the Australian unit of the Danish multiasset brokerage Saxo Bank, has signed an agreement with local online stockbroker OpenMarkets, reports Investor Daily. This will allow ...

Australians lost AUD 11.5 mln to investment scams, mostly in binary options

By Henry Hughes

May 15, 2017

All News Featured News Regulation

Investment schemes scams brought the greatest losses to Australians, after romance and dating scams, reveals the 2016 report of the Australian Competition and Consumer Commission (ACCC) and the ...

Australia to set up new financial EDR body

By Henry Hughes

May 12, 2017

All News Featured News Regulation

The Australian government is planning to set up a one-stop-shop external dispute resolution (EDR) body for all financial service providers in the country. It should be established by ...

IC Markets reaches new record trading volume of $234 bn in Mar 2017

By Juana Wells

April 3, 2017

All News Featured News Forex Brokers

Australia-based forex broker International Capital Markets, trading as IC Markets, said on Monday its trading volume continued to rise and reached a new record-high of $234 billion in ...

Australia’s ASIC forms Financial Advisers Consultative Committee

By Juana Wells

March 29, 2017

All News Regulation

Australia’s financial services authority, the Australian Securities and Investment Commission (ASIC), has established a Financial Advisers Consultative Committee (FACC) which to improve the existing industry engagement with the authority ...

EightCap adds CFDs on NASDAQ100, Hong Seng 50, IBEX 35/Spain 35, US2000 indices

By Juana Wells

March 22, 2017

All News Forex Brokers

Australian forex brokerage EightCap said on Wednesday it will expand its live trading offering with contracts for difference (CFDs) on four new indices – NASDAQ100, Hong Seng 50, ...

Investment Trands: Australian forex market activates in 2016

By Juana Wells

March 10, 2017

All News Forex Brokers

The Australian forex market saw a dynamic 2016 with a record influx of 16,000 new forex traders seeking ‘opportunities in market movements’ and additional 13,500 dormant traders reactivating ...

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