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Zebrarank:April 30 deadline has expired, ASIC broker IFGM announced its withdrawal from the Chinese market

Fast news, foreign exchange spy received platform information, ASIC regulatory platform IFGM announced to suspend the mainland China market related services, namely exit China.
1.IFGM terminates cooperation with a third party company in China;
2.IFGM will not accept new account opening application and deposit in mainland China from now on;
  1. For the current position holding customers in mainland China, they will close their positions at 17:00 on May 8, 2019 (Australian eastern time) and apply for gold. Overdue accounts will be subject to enforcement.
  2. Customer funds are liquidated successively.
It can be seen from the news that IFGM account in mainland China will not be opened in the future, because IFGM only has an Australian license. Whether because of ASIC regulatory requirements or the result of poor domestic operation, this withdrawal from the spy is recognized, at least the customer is properly cleared, rather than quietly run away.
What happens next with other platforms regulated only by ASIC? Investors need to keep an eye on foreign exchange spy information.
List of platforms with ASIC licence only (in no particular order) :
amdforex
Cardiff
The Advanced Markets
The Best Leader
charterprime
Rubix FX
PGWG
EightCap
GS Deep Ocean
Global Prime
Millennium capital
WistonFX
INVAST
OGFX
Ken company MARKETS
DV Markets (IFS Markets)
JB Alpha
City index
ILQ
Trend
FOREX CT
VT Markets
ETO Markets
TradeMax
AUGS Markets
Hantec Markets
GMT Markets
SuperTrader
BCR
ACY
Capstone
TBC
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