New Australian FX firm IFM gets ASIC license

New Australian FX firm IFM gets ASIC license explained by professional Forex trading experts the “New Australian FX firm IFM gets ASIC license” FX trading team.

New Australian FX firm IFM gets ASIC license

Australia’s financial regulator ASIC has granted a license to newly-formed FX and CFDs brokerage Intelligent Financial Markets (or “IFM”). IFM is beginning operations this month as an ECN / STP broker, with a focus on assisted trading and expert-driven automated trading, all using its own internally-developed proprietary systems.

IFM’s founding management team includes Paul Tsangaris (CEO), who hails from both the marketing and research sides of the industry, and Reuben Stern (COO), who spent the past five years at leading global firm AvaFX, most recently as Director of International Sales and Operations.

IFM is using AxiTrader as a counterparty for clearing. AxiTrader is Australia’s largest FX and CFDs firm, and is a member of LeapRate’s Approved List of global FX brokerage firms.

New Australian FX firm IFM gets ASIC license Conclusion

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