ASICAustraliaTier 1Licence number
232374
View licence record- Licence holder
- Held by Forman Forex
- Licence type and regime
- Investment Advisory License
Not checkedUpdated
At a glance
Regulation on record for Forman Forex
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
- 1
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 0
Forman Forex has 2 licences on record with Wikilix, issued by one authority across one jurisdiction. 2 of them were issued by tier-1 or tier-2 authorities — 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 Forman Forex, strongest authority first.
2 records
- ASICAustraliaTier 1
- ASICAustraliaTier 1
Licence number
403863
View licence record- Licence holder
- Held by Forman Forex
- Licence type and regime
- Market Making(MM)
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 Forman Forex
Answered from the register entries on this page.
Most Popular Questions
Forman Forex provides customer support via live chat during business hours and email at info@formanfx.com. Support is available in English, but no phone numbers or additional contact channels are specified.
According to the provided data, Forman Forex does not charge commissions. Information about spread types or average spreads is not specified in the provided context.
Forman Forex offers a maximum leverage of 400. This leverage level allows traders to control larger positions but also increases risk.
The minimum deposit amount to open an account with Forman Forex is 50,000 USD. This is relatively high compared to many brokers, indicating it may cater to more experienced or institutional traders.
Forman Forex is regulated by the Australia Securities & Investment Commission (ASIC), a tier 1 government regulator. It holds licenses for Market Making and Investment Advisory in Australia.
Forman Forex has 2 licence records 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.
Forman Forex holds licence records issued by ASIC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by Forman Forex come from tier-1 or tier-2 authorities (2 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 Forman Forex 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.
Forman Forex has licence records in Australia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.