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:Common Financial Service License
Regulated in Country/AreaAustralia
Regulatory License No.：441277
Email Address of Licensed Institution :Andrew@augurcapital.com.au
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :Level 1, 254 Rundle STreeT, ADELAIDE SA 5000
Phone Number of Licensed Institution :08 7160 1176
Most visited countries/areas
The data are from WIKI Research 2021.09.26 updated
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General Information & Regulation
RS Finance is an Australian registered online broker, relying on an online trading platform to provide investors with financial services including stocks, foreign exchange, metals, financial futures, which claims to have expanded its business scope to Hong Kong, Macau, Southeast Asia, Europe, and the U.S. RS Finance currently holds an Australian ASIC general financial license suspected of operating beyond the limits, so investors should be cautious with this broker. Therefore, investors should be cautious in trading with this broker.
Tradable asset classes offered by RS Finance include forex currency pairs, precious metals, futures, and cryptocurrencies. Some popular instruments like stocks, funds, options are not available.
RS Finance Minimum Deposit
RS Finance does not provide any information about account types on the platform, and only some information about account opening is shown on the page.
RS Finance Leverage
The maximum trading leverage offered by RS Finance is up to 1:400 for Forex currency pairs, 1:200 for precious metals, 1:1000 for crude oil futures, 1:50 for Hong Kong Hang Seng Index, 1:10 for Micro Hang Seng Index, and 1:5 for cryptocurrencies.
Spreads & Commissions
The average spread offered by RS Finance is 0.5 pips for EURUSD, 0.5 pips for GBPUSD, 0.8 pips for EURGBP, 6.8 pips for XAUUSD, 1.6 pips for XAGUSD, 1 pip for Light Crude Oil Futures and Brent Crude Oil Futures. Objectively speaking, the spreads offered by RS Finance are higher.
RS Finance Trading Platform
RS Finance provides traders with a white label MT5 trading platform that supports both mobile and desktop. Traders can use the MT5 trading software to start trading robots directly using automated trading. Traders need to download the PC version of MT5 from the RS Finance website and run the program, then log in and start trading.
Deposit & Withdrawal
RS Finance says that it supports traders to make deposits through all banks, and the funding limit is subject to the amount set by the bank. When traders need to withdraw funds, they need to contact the platform's broker to help them withdraw funds from their accounts, and the deposit and withdrawal times are 1-5 business days.
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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.
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