ASICAustraliaTier 1Licence number
226484
View licence record- Licence holder
- Held by OFX
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for OFX
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
OFX 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 OFX, 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 OFX
Answered from the register entries on this page.
Most Popular Questions
OFX prohibits clients from the USA, North Korea, Iran, and other sanctioned countries from using its services. It primarily serves clients in Australia, Asia-Pacific, and some global regions.
OFX provides customer support through phone, email, and live chat during business hours. Support is available in English, and multiple regional phone numbers are offered. The broker also maintains active social media channels for additional contact.
PU Prime's maximum leverage for major currency pairs typically reaches 1:1000, but actual available levels depend on account type, regulatory constraints, and your account balance. For most retail clients under standard regulatory regimes, higher leverage may be restricted (often around 1:30 to 1:500 depending on region and instrument).
OFX typically charges trading commissions only if you trade certain products or use specific account types; many platforms estimate costs via spreads rather than explicit per-trade commissions. However, actual fees depend on the broker you use with OFX (and the instrument traded, such as forex, CFDs, or other assets) and can include spread costs, overnight financing (swap) charges, and possible platform or withdrawal fees. For precise figures, check the specific OFX partner broker’s fee schedule and your account type.
OFX supports multiple deposit and withdrawal methods depending on the market and currency, including bank transfers and card-based options. Exact available methods and any associated fees or processing times vary by region and the specific OFX service you’re using; please check your local OFX platform or contact support for the precise list of methods, processing times, and any charges for your account.
OzForex Limited (OFX) is regulated by the Australia Securities & Investment Commission (ASIC), a tier 1 onshore regulator. It operates under strict fund segregation rules but does not have mandatory client fund insurance. ASIC regulation ensures a high level of transparency and investor protection.
OFX 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.
OFX 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 OFX 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 OFX 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.
OFX has licence records in Australia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.