ASICAustraliaTier 1Licence number
420268
View licence record- Licence holder
- Held by SIMPOO
- Licence type and regime
- Institution Forex License
Not checkedUpdated
At a glance
Regulation on record for SIMPOO
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
SIMPOO 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 SIMPOO, 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 SIMPOO
Answered from the register entries on this page.
Most Popular Questions
brokers regulated by ASIC, including SIMPOO, prohibit clients from the USA, North Korea, Iran, and other sanctioned countries. The geographical coverage mainly includes Australia, Asia-Pacific, and some global clients.
The minimum deposit amount at SIMPOO is 0 USD according to the available data. However, no further details about deposit methods or withdrawal processes are specified.
SIMPOO offers a maximum leverage of 1:1 and does not charge commissions. The broker does not specify spread types or average spreads, and no commission structure is detailed.
SIMPOO provides customer support via live chat during business hours and email at support@simpoo.hk. They offer phone support at +852 5136 6113 and support communication in English. Their contact address is Room 902, 9/F, Cheong K Building, 84-86 Des Voeux Rd Central, Hong Kong.
SIMPOO International Corporation holds an Institution Forex License regulated by the Australia Securities & Investment Commission (ASIC), a tier 1 onshore regulator. ASIC enforces strict fund segregation but does not mandate client fund insurance.
SIMPOO 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.
SIMPOO 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 SIMPOO 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 SIMPOO 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.
SIMPOO has licence records in Australia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.