ASICAustraliaTier 1Licence number
246488
View licence record- Licence holder
- Held by Propex24
- Licence type and regime
- Straight Through Processing(STP)
Not checkedUpdated
At a glance
Regulation on record for Propex24
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
Propex24 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 Propex24, 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 Propex24
Answered from the register entries on this page.
Most Popular Questions
Propex24 offers customer support during business hours via live chat and email at enquiries@propex24.com. Support is provided in English, and the broker's office is located in North Sydney, Australia.
Propex24 offers trading in a range of regulated financial instruments including Forex, Stocks, Funds, Options, Derivatives, and Securities. This variety allows traders to access multiple markets under one broker.
Propex24 supports deposits and withdrawals via bank transfers and credit/debit cards, with processing times described as within industry standards but not specifically detailed. E-wallet deposits may be supported, but withdrawal support via e-wallets is not clearly confirmed.
According to WIKILIX data, Propex24 requires a minimum deposit of 3000 AUD to open an account. Details on maximum deposit limits are not specified in the provided context.
Propex24 is regulated by the Australia Securities & Investment Commission (ASIC), a tier 1 onshore regulator. It holds licenses for Straight Through Processing (STP) and Financial Services, ensuring compliance with strict regulatory standards. Client funds are strictly segregated, although there is no mandatory insurance.
Propex24 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.
Propex24 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 Propex24 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 Propex24 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.
Propex24 has licence records in Australia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.