ASICAustraliaTier 1Licence number
241364
View licence record- Licence holder
- Held by GMCU
- Licence type and regime
- Investment Advisory License
Not checkedUpdated
At a glance
Regulation on record for GMCU
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
GMCU 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 GMCU, 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 GMCU
Answered from the register entries on this page.
Most Popular Questions
GMCU requires no minimum deposit amount to open an account, with the minimum deposit listed as 0 USD.
The context indicates that GMCU does not charge commissions and no specific spread type or average spread information is provided. Further fee details are not specified.
Customer support for GMCU is available via phone at +61 3 5821 9033 and email at info@gmcu.com.au. Live chat support is available during business hours, and support is provided in English.
According to the data, GMCU offers a maximum leverage of 1. This indicates very low or no leverage for trading activities through this broker.
The provided context does not specify any trading platforms offered by Goulburn Murray Credit Union Cooperative Ltd.
Goulburn Murray Credit Union Cooperative Ltd holds an Investment Advisory License regulated by the Australia Securities & Investment Commission (ASIC). ASIC is a tier 1 onshore regulator with high transparency and regulatory standards. However, GMCU itself is noted as having no direct broker regulation in the provided context.
GMCU 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.
GMCU 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 GMCU 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 GMCU 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.
GMCU has licence records in Australia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.