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The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.
License Type:Market Making(MM)
Regulated in Country/AreaAustralia
Regulatory License No.：440947
Email Address of Licensed Institution :firstname.lastname@example.org
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :BETTY LENTAKIS, 1 St Georges Avenue, TEMPLESTOWE VIC 3106
Phone Number of Licensed Institution :03 99757500
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
General Information & Regulation of PRFX
PRFX is an Australian professional foreign exchange company based in Melbourne, offering tailored international currency transfer services to both individual and corporate users. PRFX is currently regulated by ASIC in Australia and holds a full license under its authority and license, regulatory number 440947.
Minimum Deposit of PRFX
After looking through PRFX website, we don't find any details on the minimum deposit required by this broker.
Leverage of PRFX
No trading leverage related information is found, so it is unsure whether traders can apply trading leverage.
Spreads of PRFX
PRFX, as a currency exchange provides, does not show any spreads related information on its website.
PRFX's individual clients include mainly expatriates, sports professionals, people buying and selling property abroad, and those with one-off currency needs.
PRFX says it can offer services to accommodate businesses of all sizes, with services ranging from online payments to foreign exchange management.
Interest Rates of PRFX
PRFX says it can provide users with real-time wholesale interbank rates, such as 0.7300 for the Australian dollar against the U.S. dollar, compared to 0.6960 for those selling through banks, and 0.7400 for buying U.S. dollars with Australian dollars, compared to 0.7670 for those buying through banks. In addition, PRFX says its customers can use most tradable currencies.
Transfer Fees of PRFX
PRFX says it does not charge any fees for transfers over A$10,000 or currency equivalent; for transfers under A$10,000 or currency equivalent, a standard fee of A$15 will be charged.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.