ASICAustraliaTier 1Licence number
000402709
View licence record- Licence holder
- Held by CurrencyFair
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for CurrencyFair
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
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
CurrencyFair has 2 licences on record with Wikilix, issued by 2 authorities 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.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for CurrencyFair, strongest authority first.
2 records
- ASICAustraliaTier 1
MISAAustraliaTier 4Licence number
No number recorded
View licence record- Licence holder
- Held by CurrencyFair
- Licence type and regime
- Market Making(MM)
- Offshore
Not checkedUpdated
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 CurrencyFair
Answered from the register entries on this page.
Most Popular Questions
CurrencyFair prohibits clients from North Korea and other UN-sanctioned countries. It serves most countries worldwide with some exceptions, reflecting regulatory and compliance requirements.
CurrencyFair provides customer support via phone and live chat during business hours. They also maintain social media presence on Facebook, Twitter, and LinkedIn for additional contact options.
CurrencyFair does not charge commissions, and no specific spread type or average spread information is provided in the context. Details on execution models are also not specified.
CurrencyFair offers a maximum leverage of 1 according to the provided trading conditions. This indicates very low leverage compared to typical forex brokers.
CurrencyFair requires no minimum deposit amount, allowing clients to start trading with zero USD as the minimum deposit. This makes it accessible for traders with varying capital levels.
CurrencyFair Ltd is regulated under licenses from the Moroni International Services Authority and the Australia Securities & Investment Commission (ASIC). It operates under onshore and offshore regulations with a market making license. The broker follows strict fund segregation but does not offer mandatory client fund insurance.
CurrencyFair has 2 licence records with Wikilix, issued by 2 authorities across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
CurrencyFair holds licence records issued by ASIC, MISA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by CurrencyFair 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 2 licence records held by CurrencyFair 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.
CurrencyFair has licence records in Australia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.