The Australian Securities and Investments Commission, commonly known as ASIC, has officially approved GrapheneFx, a well-known name in the forex market. Recently, GrapheneFx has risen to the top of the industry’s best FX brokers as the industry’s most reliable and trusted FX broker. Since their services and business identity are approved, investors, traders, and financial institutions may trust them.
Being approved by ASIC also means that GrapheneFx complies with international legal standards and regulatory criteria guaranteeing that their users are safe and protected, while also exhibiting open and trustworthy practices by maintaining full visibility in all aspects of their services.
A Quick Look to GrapheneFx
GrapheneFx was founded in 2012 and its head office is in London. GrapheneFx was created by a group of highly skilled and talented financial and business specialists who sought to offer new ideas to the forex trading industry. In the previous decade, they have garnered over 350,000 clients from Asia, Europe and, Africa, and they have entered the Pakistani market. A total of 1,300,000 trades are executed every day by the GrapheneFx Group and its associates. With a total capital value of $4 million, GrapheneFx is one of the most well-known brokers in the forex industry.
In addition to being one of the leading forex companies in the world, GrapheneFx is a company that has made a difference by supporting many social responsibility projects in various parts of the world. They stated that they support these projects such as Develop Africa and MicroLoan to make the world a better place.
What is ASIC?
The Australian Securities and Investments Commission (ASIC) oversees the markets and financial services in Australia. The Australian Securities and Investments Commission (ASIC) guarantees that financial markets are open and honest. By teaching traders and the general public about investor responsibility, the ASIC fosters investor and financial consumer confidence and trust. The ASIC investigates customer behavior and also how consumers and investors make choices, as well as holding gatekeepers accountable. By participating in market monitoring and corporate governance, the ASIC helps to maintain open and equitable markets.
The authoritative body monitors the brokers to see if they are acting ethically and following the law, and along with ASIC, the National Futures Association (NFA) and Financial Services Authority (FSA) – St. Vincent & the Grenadines also regulates GrapheneFx. Being an approved broker will assist GrapheneFx to win the trust of current and potential clients since they will feel safe dealing with a licensed and recognized broker. Beginners, experts, and more experienced traders, especially financial organizations, may use GrapheneFx to invest their cash and benefit from GrapheneFx’s wide range of online trading solutions and services with simplicity and without worry.