How Not to Do Business in Australia: The Story of AGM Markets

[kreslik.news]

The Australian Securities and Investments Commission (ASIC) is one of the most attractive regulators nowadays. The lucrative license in the land down under is providing brokers with a lot of flexibility. A licensed Australian brokerage called AGM Markets serves as an example how not to do business in the country.

The lack of leverage restrictions on CFDs for any asset classes and convenient access to clients in the Far East are an attractive proposition. But make no mistake, the ASIC is a tough financial regulator.

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