ASIC is the abbreviation of the Australian Securities & Investment Commission, which is responsible for supervising leveraged foreign exchange trading. ASIC was established on July 1, 1998. It is an independent government department and an important component of Australia's national financial system. You can click here to quickly check NCE's ASIC regulation.
Australian Transaction Reports and Analysis Centre (AUSTRAC) is the Australian government's financial intelligence agency, designed to monitor financial transactions to identify money laundering, organized crime, tax evasion, welfare fraud and terrorist financing. AUSTRAC was established in 1989 and is the most stringent regulatory agency in the world. Any business activities not conducted following regulatory requirements may result in penalties of more than 5 million AUD. Most of the brokers currently regulated by AUSTRAC are brokers with high integrity. AUSTRAC issues digital currency licenses and foreign currency exchange licenses. You can click here to quickly check NCE's AUSTRAC regulation.
The Financial Services Authority of St. Vincent and the Grenadines (SVGFSA) was established in 2012 as a government agency. Many international banks settlement business are operated in Saint Vincent, so we decide to obtain this authority. Its main purpose is to provide excellent liquidity to retail clients. Its our responsibility to inform here that this regulation does not currently apply to all retail clients. You can click hereto quickly check NCE's SVGFSA regulation.
NFA is the abbreviation of the National Futures Association. NFA also regulates leveraged foreign exchange trading, but our company is not a member of the NFA licenced retail FX brokers / dealers. The main function of our NFA company is to obtain the latest financial information on Wall Street and in-depth transaction data of major US futures exchanges and send them to our partner financial analysts to write product analysis reports. You can click here to quickly check NCE's NFA registration.