What is ASIC?
The Australian Securities and Investments Commission (ASIC) is the Australian financial regulator. ASIC has been progressively tightening regulations on leveraged retail trading, and prop firms operating in Australia or serving Australian residents face increasing compliance scrutiny. Several firms now geofence Australian users to avoid licensing requirements.
Key takeaways
Australian financial services regulator.
Several firms now geofence Australian users to avoid licensing requirements.
ASIC has been progressively tightening regulations on leveraged retail trading, and prop firms operating in Australia or serving Australian residents face increasing compliance scrutiny.
ASIC vs. CFTC
Two terms that frequently get conflated. Here's how they actually differ.
ASICCompliance · ELITE
CFTCCompliance · ELITE
Australian financial services regulator.
US futures and derivatives regulator.
Frequently asked questions
What is ASIC?
The Australian Securities and Investments Commission (ASIC) is the Australian financial regulator. ASIC has been progressively tightening regulations on leveraged retail trading, and prop firms operating in Australia or serving Australian residents face increasing compliance scrutiny. Several firms now geofence Australian users to avoid licensing requirements.
Why does ASIC matter for prop firm traders?
ASIC matters because the prop firm industry is moving rapidly into formal regulation in 2026. Understanding ASIC helps you separate firms operating cleanly from those likely to face restrictions or forced closure in the coming year.
How is ASIC different from CFTC?
ASIC and CFTC are commonly confused. ASIC: Australian financial services regulator. CFTC, by contrast: US futures and derivatives regulator.
What should traders watch out for with ASIC?
Regulatory status changes quickly. A firm operating legally today may face restrictions next quarter — check Trustpilot trends and recent regulatory announcements before committing.