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.：426810
Email Address of Licensed Institution :email@example.com
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :Suite 33 Level 3, 650 George Street, SYDNEY NSW 2000
Phone Number of Licensed Institution :0292839792
Most visited countries/areas
The data are from WIKI Research 2021.09.23 updated
WikiFX prompts you
Please choose wisely! Please avoid unnecessary lossContinue
Insufficient data samples
Insufficient data samples，Browsing is not supported temporarily
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
General Information & Regulation
Compass Markets specializes in International Money Transfer for both major currency and minors, including USD, AUD, GBP, JPY, SGD as well as PLN, QAR, etc. Compass Markets currently holds a MM license authorized by ASIC in Australia, allowing it provide general advice to both wholesale and retail clients in foreign exchange contracts, derivatives as well as non-cash payments products.
Minimum Deposit of Compass Markets
The minimum deposit required by Compass Markets is not fully disclosed on its official website. Surely, the missing of such important information can be a big pity.
Leverage of Compass Markets
When it comes to trading leverage, there is not much related information mentioned. So we would say that trading leverage available on Compass Markets remains unknown.
Spreads of Compass Markets
Compass Markets, being a money transfer provider, does not provide any spread-realated information.
Types of Transfer
There are four types of transfer clients can make with Compass Global Markets in total. One-off transfers.(Make a one-time transfer); Limit orders (Compass will monitor the market, and when your desired rate hits, Compass will make the transaction on your behalf); Currency receipts (Compass Global Markets also provides foreign currency receipts where they can convert your foreign currency receipts into the currency of your choice); Hedging capabilities (Apart from access to the FX and commodity markets through their trading platform, Compass Global Markets also provides hedging capabilities for small business and foreign exchange payments solutions and the ability for people to invest their money with an experienced fund manager).
The rate offered may depend on a number of factors, including transaction size, term of the products, business relationship, the market rates and the differing interest rates applicable to the currency pair involved in the transaction. And the details of fees and costs will be disclosed when clients enters into a transaction. Moreover, Compass Markets does not accepts checks, only EFT transfers.
Compass Markets have some drawbacks, among which is No cash transfers. Unlike some of the other transfer services, Compass Markets cannot be used for sending money overseas and having it made available for pickup.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
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.