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FXCM AU offers non-Australian residents to transfer to Bermuda brokerage

From fxnewsgroup.com

FXCM Australia Pty. Limited (“FXCM AU” or “FXCM Australia”) has provided an update to its clients regarding ASIC’s Product Intervention. Due to the changes in Australian CFD regulations, which came into effect on March 29, 2021, FXCM AU says it has received many questions from clients who wish to regain access to their previous leverage levels. The company offers a transfer to its offshore entity to non-Australia residents. Such clients have the option to keep their leverage settings by transferring their account(s) to FXCM Markets Limited (“FXCM Markets”). Those clients who transfer to FXCM Markets will see their ... (full story)

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