Company Information

Get to know forex capital trading (forexct)

Forex Capital Trading Pty Ltd, which operated under the name ForexCT, was a financial services company founded in Australia that offered retail clients over-the-counter derivative products, including CFDs and margin foreign exchange contracts. The company provided an online trading platform and targeted individual investors. Its operations ceased following major regulatory intervention by the Australian Securities and Investments Commission (ASIC), which found the company engaged in a system of unconscionable conduct, leading to the cancellation of its license and its eventual liquidation.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

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forex capital trading (forexct)

Australia

Founded in

2006 (20 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.