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Is HiFX regulated in Australia and New Zealand?

Latest Currency News

May, 2008 Currency Highlights:

The Australian Dollar surged to an 11 year high against Sterling in April after Australian consumer price inflation rose to its highest level since 1991 and Sterling continued to come under pressure from the effects of the credit crunch. The sharp decline from the beginning of the month came as the Bank of England cut interest rates to 5% as they battle with slowing growth and the falling housing market. Read this article in full

Is HiFX regulated in Australia and New Zealand?

Whilst there are no specific regulations for foreign exchange brokers in New Zealand, HiFX has nonetheless obtained an Australian Financial Services Licence for our New Zealand operation, giving you the peace of mind that your interests are being protected.

HiFX is authorised by its licence to offer financial product advice in the following financial products:

Deposit and payment products limited to basic deposit products
Derivatives
Foreign exchange contracts
Interests in managed investment schemes excluding investor directed portfolio services

and to deal and make a market in the following financial products:

Derivatives
Foreign exchange contracts.

ASIC is responsible for enforcing and regulating company and financial services laws to protect consumers, investors and creditors. ASIC regulates the financial markets and corporations within Australia. This provides customers of a company with an Australian Financial Services Licence, the added security that there are strict guidelines and regulations in place to protect their interests.

HiFX is required, under its licence, to have an independent auditor (Deloittes) confirm that it has complied with its licence obligations, be it financial or otherwise.
Our current registration and licence details are:

HiFX Ltd:	ARBN: 106779953	AFS Licence No: 240914
HiFX Australia Pty Ltd:	ABN: 78 105 106 045	AFS Licence No: 240917

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What people say about HiFX...

I just wanted to thank HiFX so much for taking a lot of the stress out of the emigration process. HiFX have been so attentive, personable and professional. Jill & Dave Wright.