Forex Sport

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Forex Sport

Australia

Founded in

2010 (15 Years)

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What are the differences in regulations for each

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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TrustFinance Intelligence Agency

Research date: Jun 17, 2024

Forex Sport Pty Ltd is an Australian incorporated company regulated by the Australian Securities & Investments Commission (ASIC) under license number 401379 for Market Making (MM).

Forex Sport offers a range of financial services tailored to individuals, businesses, and the sports industry, including currency exchange, international money transfers, and FX risk management.

Forex Sport provides comprehensive customer support via live chat, email, and phone, along with valuable resources such as live FX rates, economic news, historical FX charts, and free currency alerts.

Forex Sport provides comprehensive customer support via live chat, email, and phone, along with valuable resources such as live FX rates, economic news, historical FX charts, and free currency alerts.

Forex Sport has pros and cons, including competitive exchange rates, support for a wide array of currencies, and regulation by ASIC, but also lacks detailed fee information and has variable transfer processing times.

Forex Sport has pros and cons, including competitive exchange rates, support for a wide array of currencies, and regulation by ASIC, but also lacks detailed fee information and has variable transfer processing times.