ASICAustraliaTier 1Licence number
001311740
View licence record- Licence holder
- Held by BREAKAWAY
Not checkedUpdated
At a glance
Regulation on record for BREAKAWAY
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
BREAKAWAY has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for BREAKAWAY, strongest authority first.
1 record
- ASICAustraliaTier 1
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
Frequently Asked Questions
Questions about the licences held by BREAKAWAY
Answered from the register entries on this page.
Most Popular Questions
Breakaway Ltd. prohibits clients from the USA, North Korea, Iran, and other sanctioned countries. It primarily serves clients in Australia, Asia-Pacific, and some global regions.
Breakaway Ltd. provides customer support via live chat during business hours and supports English language communication. Other contact details such as phone or email support are not specified.
Breakaway Ltd. offers a maximum leverage of 1000. This high leverage level allows traders to control larger positions with a smaller amount of capital.
The minimum deposit amount to open an account with Breakaway Ltd. is 10 USD. Further details about deposit methods are not specified in the provided context.
Breakaway Ltd. offers the MetaTrader 5 platform, which supports multiple asset classes including Forex, stocks, and futures. MT5 provides advanced analytics, faster execution, and algorithmic trading tools, and is available on desktop and various other devices.
Breakaway Ltd. is regulated by the Australia Securities & Investment Commission (ASIC), a tier 1 regulator. It operates under strict fund segregation rules but does not have mandatory client fund insurance. The broker is not offshore and complies with Australian regulatory standards.
BREAKAWAY has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
BREAKAWAY holds licence records issued by ASIC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by BREAKAWAY comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by BREAKAWAY has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
BREAKAWAY has licence records in Australia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.