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Licence record
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Bancara ASIC licence ACN 169 233 078 / ABN 87 169 233 078

Wikilix check
Limited
Issuing authority
Australia Securities & Investment Commission
Jurisdiction
Australia
Last checked
Sep 25, 2026

This is Wikilix's record of a licence issued by Australia Securities & Investment Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Nov 4, 2026

Licence Verification Record

Australia Securities & Investment Commission ACN 169 233 078 / ABN 87 169 233 078

Wikilix read the ASIC register on Sep 25, 2026. This is what it said.

Holder
Bancara LTD logoBancara LTD
Issuing authority
Australia Securities & Investment Commission logoAustralia Securities & Investment Commission
Jurisdiction
Australia flagAustralia
Effective
Apr 24, 2014
Register status
Company registration of Altus Investium Ltd (Banxso's Australian entity), not a licence held by Bancara

Checked Sep 25, 2026

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/bancara/licenses/australia-securities-and-investment-commission/acn-169-233-078-abn-87-169-233-078Fields on file 8 / 11

Open BancaraAll Bancara licencesAbout ASIC
Our check
Checked

What we checked

This authorisation is in force but limited — it does not carry the same protections as a full trading licence.

Wikilix check
Limited
Authority strength
Tier 1
Jurisdiction
Australia
Last checked
Sep 25, 2026
Register says
Company registration of Altus Investium Ltd (Banxso's Australian entity), not a licence held by Bancara

Finding

An Australian company registration (ACN / ABN), not a financial-services licence. The Australian Business Register shows it belongs to Altus Investium Ltd, the entity Banxso used for its ASIC licence (AFSL 458097). It is not Bancara, and a company number is not regulation. Client protection: None. Company registration is not financial regulation, and the entity is not Bancara. Effective: 24 Apr 2014.

Exhibit

Register screenshot, captured Sep 25, 2026
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
ACN 169 233 078 / ABN 87 169 233 078
Register status
Company registration of Altus Investium Ltd (Banxso's Australian entity), not a licence held by Bancara
Effective from
Expires
No expiry shown
The authority

About ASIC

Australia Securities & Investment Commission is the authority that issued this licence, and the jurisdiction it applies in is Australia.

Full name
Australia Securities & Investment Commission
Jurisdiction
Australia
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
1998
Oversight
A government or statutory body
Firms we track under it
144 firms
Regulates
Forex, Stocks, Fund, Options, Derivatives, Securities
Licences it issues
AFSL – OTC Derivatives (Principal Dealer & Agency)
Typical cost of a licence
AUD 50000-100000+
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

ASIC's own rules for the firms it authorises.

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Negative balance protection
  • Complaints routeAFCA
  • Maximum leverage1:28
This describes the authority's regime, not how Bancara applies it.
The holder

Who holds this licence

The licence above is recorded against Bancara. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Bancara logo
Broker
Bancara LTD
Based in
Comoros
Wikilix score
39.1the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • BANCARA LTDComoros
  • ISLAND CAPITAL LTD.Vanuatu · International Company · Reg. 700627 · Jun 6, 2022
  • ALTUS INVESTIUM LTDAustralia · Australian Public Company · Reg. ACN 169 233 078 / ABN 87 169 233 078 · Apr 24, 2014
  • MAGAUTA CAPITAL (PTY) LTDSouth Africa
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Official source
The issuing authority’s registerPublished by the authority, not by Wikilix.
Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Evidence held
A screenshot of the register entry is on file.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences Bancara holds

3 other licences are on record for Bancara.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
Licence ACN 169 233 078 / ABN 87 169 233 078 was issued by Australia Securities & Investment Commission (ASIC), the financial authority for Australia.
Bancara holds this ASIC licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the ASIC register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates ASIC tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
This page links straight to the ASIC register. Search it for ACN 169 233 078 / ABN 87 169 233 078, and for the name Bancara rather than the trading brand.
Bancara has 3 other licences on record with Wikilix, across 3 jurisdictions. They are listed further down this page.
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