Is HiFX regulated in Australia and New Zealand?
Whilst there are no specific regulations for foreign exchange brokers in New Zealand, HiFX has nonetheless obtained an Australian Financial Services Licence for our New Zealand operation, giving you the peace of mind that your interests are being protected.
HiFX is authorised by its licence to offer financial product advice in the following financial products:
- Deposit and payment products limited to basic deposit products
- Derivatives
- Foreign exchange contracts
- Interests in managed investment schemes excluding investor directed portfolio services
and to deal and make a market in the following financial products:
- Derivatives
- Foreign exchange contracts.
ASIC is responsible for enforcing and regulating company and financial services laws to protect consumers, investors and creditors. ASIC regulates the financial markets and corporations within Australia. This provides customers of a company with an Australian Financial Services Licence, the added security that there are strict guidelines and regulations in place to protect their interests.
HiFX is required, under its licence, to have an independent auditor (Deloittes) confirm that it has complied with its licence obligations, be it financial or otherwise.
Our current registration and licence details are:
| HiFX Ltd: |
ARBN: 106779953 |
AFS Licence No: 240914 |
| HiFX Australia Pty Ltd: |
ABN: 78 105 106 045 |
AFS Licence No: 240917 |