ASICAustraliaTier 1Licence number
000235410
View licence record- Licence holder
- Held by Morgans
- Licence type and regime
- Investment Advisory License
Not checkedUpdated
At a glance
Regulation on record for Morgans
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
Morgans 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 Morgans, 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 Morgans
Answered from the register entries on this page.
Most Popular Questions
Morgans provides customer support via phone and live chat during business hours. Support is available in English, and the broker maintains active social media channels including Facebook, Twitter, LinkedIn, Instagram, and YouTube. The main office is located in Brisbane, Australia.
According to WIKILIX data, Morgans offers a maximum leverage of 28. No further details about leverage conditions or variations across instruments are provided in the context.
The minimum deposit amount to open an account with Morgans is 100 USD. No additional details about account types or deposit variations are specified in the provided context.
Morgans supports various deposit and withdrawal methods including ACH transfers, wire transfers, checks, and ATM/debit card services linked to Morgan Stanley. Deposits and withdrawals in USD are generally free, except for wire transfer withdrawals which have a $25 fee unless waived. Processing times vary from instant to 1-3 business days depending on the method.
Morgans is regulated by the Australia Securities & Investment Commission (ASIC), a tier 1 onshore regulator. It holds an Investment Advisory License and follows strict fund segregation rules, although there is no mandatory client fund insurance. According to WIKILIX, Morgans operates with high transparency and a complaint mechanism through AFCA.
Morgans 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.
Morgans 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 Morgans 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 Morgans 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.
Morgans has licence records in Australia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.