The Australian Securities and Investments Commission imposed further licence restrictions on Learn to Trade, a provider of educational and trading services, due to the company's failure to file the required financial reports. This may indicate that the Australian regulator will be more closely monitoring other providers of educational services for Forex/CFDs, which operate in conjunction with Licensed Brokers.
ASIC Imposes New Licence Conditions on Learn to Trade
ASIC issued a press release on November 25, 2025, indicating that the Learn to Trade Corporation (the "Company") had not submitted annual audited financial statements to ASIC for the Company's last two financial years (being 2023 and 2024) and therefore has not advised ASIC about a change of auditors.
ASIC has also imposed additional conditions on the Company's licence as a result of the Company's failure to submit required financial reporting documentation. In particular, ASIC has instructed the Company to engage the services of an independent expert to review the Company's policies and
Practices regarding compliance with the statutory requirements for timely reporting of financial documents, and to review the Company's internal compliance systems.
Why it matters
• While Learn to Trade isn't considered a traditional "broker," they do face regulation that impacts companies that offer non-trading service(s) to those who trade forex or CFDs, including but not limited to education, signals, or advice. As these companies continue to face increased regulatory pressure, the domino effect will likely lead to further regulatory tightening on brokers. The regions that offer a bundled brokerage or advisory service along with education will see this effect sooner rather than later.
• As traders and brokers begin reviewing brokers via broker review websites (such as WikiLix), it becomes critical to verify not only what licenses and credentials the broker possesses, but what level of compliance the educational or marketing entity associated with that broker possesses. Poor compliance will always diminish the trust placed in that broker's offering.
WikiLix Insight
For our continued work to analyse the Brokers, this update highlights certain jurisdictions, such as Australia, that keep an eye on components of broker/dealer operations not disclosed for public consumption; additionally, we recommend:
•When profiling brokers or the services they provide (including any education/advice), you must confirm whether the organisation providing education is separately licensed from the brokering entity and whether they have experienced the regulatory disciplinary process.
•Consider adding a "Check Compliance History & Regulatory Service Check" as a category on your broker evaluation template to evaluate brokers and their services, particularly when brokers make claims about providing education, signals, and/or managed account products.
