Taking Over the Trading World, One Region At a Time – Capital.com Enters Australia
Capital.com just announced entering the Australian financial markets. The Australian Securities and Investments Commission (ASIC) has been gracious enough to offer the multi-regulated financial broker an Australian Financial Services (AFS) license to offer its services to the traders in the region.
The broker’s recent moves in the industry have been nothing short of a reflection of just how they are determined to take over the highly competitive trading space. Everything from restructuring to newer executives and entering new territories, Capital.com did not come to play.
Capital.com is a fully regulated broker operating under the jurisdiction of the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC).
The broker prides itself in charging the lowest commissions you’ll get in the industry, literally. You’ll be charged a commission of 0% for every trade. You’ll also enjoy tight spreads, faster execution speeds (thanks to their efficient platforms), and high-security standards.
But, that’s not all. The broker also values your education and is always striving to keep you informed. They have exceptional educational materials, including online courses, educational apps, and trading guides. To top all this up is the dedicated news section. This section keeps you up to date with the happenings in the financial industry.
All through its existence, the broker has gathered for itself over 150,000 traders worldwide. Slightly lower than other industry giants, but they are keeping up just fine.
Apart from Australia, the group had entities operating in Sydney, London, and Limassol, all under the watch of the earlier mentioned financial bodies.
Increasing Its Global Presence
Capital.com’s entry into the Australian financial markets is part of its global expansion program. Its newly acquired approval will have it extend its web-based and mobile services to the Australian traders.
According to the official announcement, the broker is opening its office in Melbourne. They also announced their plan to offer traders a secure and smooth trading experience.
Speaking of the same, Jonathan Squires, Capital.com’s CEO said, “ASIC applies enhanced levels of regulation to the Australian securities market, making it one of the most comprehensive and well-respected regulators in the world. The AFS license affirms our commitment to meet the highest compliance standards worldwide, marking yet another important milestone in the strategic development of Capital.com as a fast-growing, regulated investment trading platform.”
Squires also expressed the group’s willingness to serve the Australian traders. They hope their entry into the markets will have them help even more traders in their financial journeys.
2021 has been a good year for Capital.com. They reported an influx of new traders into their platform and a general increase in trading activities.
Peter Richards will take over the newly-formed Australian office as the Director. He carries with him a ton of experience that will definitely come in handy in steering the group to further growth and success.
- Trading Instrument
Get the latest economy news, trading news, and Forex news on Finance Brokerage. Check out our comprehensive trading education and list of best Forex brokers list here. If you are interested in following the latest news on the topic, please follow Finance Brokerage on Google News.