Broker News

ASIC Revokes XTrade’s License for Multiple Violations

Australia’s financial regulator canceled XTrade.AU Pty Ltd’s license due to significant compliance failures in its CFDs offerings. XTrade Moves for Review, Fails to Get Stay Order Today, ASIC confirmed the license cancellation of XTrade.AU Pty Ltd, effective immediately. On April 29, 2024, the company requested a review from the Administrative Appeals Tribunal (AAT). However, the …

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