ASIC (Australia)

Also called: Australian Securities and Investments Commission, AFSL

Australian Securities and Investments Commission — Australia's Tier-1 financial regulator.

ASIC regulates financial services and corporate conduct in Australia. ASIC-regulated brokers must segregate client funds and hold AFSL (Australian Financial Services Licence).

Since 2021, ASIC applies similar retail leverage caps to ESMA (30:1 majors, 20:1 minors, etc.) and has banned binary options for retail.