ThinkForex Gets Approved & Regulated Under ASIC

ThinkForex, a leading international Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term broker, today announced it has secured its Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term with the Australian Securities and Investments Commission (ASIC). TF Global Markets (Aust) Pty Ltd is licensed and regulated by ASIC with AFSL number 424700. With a license and regulation from ASIC, one of the strictest and most demanding financial regulators, traders can feel completely confident that their funds are held in segregated accounts to ensure security. ThinkForex is now allowed to accept Forex trades under the ASIC license as an Australian Forex broker.

ThinkForex is unveiling its new ASIC regulation and status as an official Australian broker with the launch of ThinkForex Australia and the opening of its regional office in Sydney.

“We are thrilled to announce that we are in compliance with all of the strict financial rules set by ASIC and are now formally acknowledged as an Australian Forex broker,” said Nauman Anees, managing director, ThinkForex. “We are excited to introduce Australian Forex traders to our ThinkForex products and services and we will welcome our new Australian live online Forex account holders with impeccable customer support.”

As an Australian broker in the Forex market, ThinkForex will deliver the same high quality trading experience that its current online Forex account holders enjoy, including competitively low spreads, extremely fast execution, various trading options for maximum flexibility, and no dealing desk execution.