ASICAustraliaTier 1Licence number
246838
View licence record- Licence holder
- Held by TorFX
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for TorFX
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
TorFX 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 TorFX, 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 TorFX
Answered from the register entries on this page.
Most Popular Questions
TorFX provides trading in regulated financial instruments including forex, stocks, funds, options, derivatives, and securities. Specific counts of available instruments are not detailed in the context. The broker operates under a market maker business model.
TorFX offers customer support via phone and live chat during business hours. Support is available in English, with phone numbers provided for Australia and regional contacts. Additional contact options include social media channels like Twitter, Facebook, and LinkedIn.
TorFX does not charge commissions on trades. Information about spreads or other fees is not specified in the provided context. Users should consult TorFX directly for detailed fee structures.
TorFX offers a maximum leverage of up to 1:500 for traders. This high leverage allows users to control significantly larger positions than their initial deposit, which can enhance trading opportunities but also increases potential risks. Always ensure that you understand the risks associated with leveraged trading before using high leverage levels.
TorFX supports deposits via bank transfer, credit/debit cards, and wire transfer. Bank and wire transfers may take up to three days and require full beneficiary details. Credit and debit card deposits are instant but withdrawals to cards are not supported. E-wallets and cryptocurrency deposits or withdrawals are not accepted.
TorFX Pty Ltd is regulated by the Australia Securities & Investment Commission (ASIC), a tier 1 onshore regulator. It operates under an AFSL license for market making and OTC derivatives. Client funds are strictly segregated, but there is no mandatory insurance. ASIC regulation ensures high transparency and complaint mechanisms through AFCA.
TorFX 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.
TorFX 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 TorFX 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 TorFX 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.
TorFX has licence records in Australia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.