Market Opening Rates
CurrencyBuySell
AUD-USD0.63750.6380
AUD-JPY61.080061.1800
AUD-EUR0.50810.5086
AUD-GBP0.42610.4266
AUD-HKD4.94034.9455
AUD-NZD1.17371.1750
AUD-CHF0.77390.7749
AUD-SGD0.97470.9756
AUD-CAD0.79930.8001
AUD-ZAR6.68706.7267

Legal Requirements

In conjunction with our AFS License, we are required to:

  1. Provide clients with a Product Disclosure Statement and Financial Services Guide.
  2. Where advice is given to a client, a Statement of Advice must be provided.
  3. Each client must be identified per the legislative requirements indicated below.

Individual Identification Requirements

This is a Financial Transaction Report Act requirement that only needs to be completed once. If you are a new customer to Forex Group, before we can open your account, we will need to confirm your identity by completing a 100-point identification check.

Details
Types of Identification
Number of Points

Primary Documents

  • Current Passport
  • International Travel Document
  • Citizen Certificate

70

Secondary Documents

  • Australian Drivers License
  • Social Security Card
  • Pension Card
  • Health Care Card
  • Public Services employee ID
  • Tertiary education institution ID card

40

Secondary Documents

  • Credit Card
  • ATM Card
  • Medicare Card
  • Utility Bill (eg: Electricity, Gas)

25

Business / Company Identification Requirements

In addition to the Individual Identification requirements, company's are required to provide us with their ABN and ACN. Forex Group Australia may conduct searches on the company to ensure legisaltive requirements are met.



Online Forex Group
Services
Legal Requirements
Forex Group Australia
Phone: 1300 722 214
Fax: 1300 722 215