Avanza Capital Pty Ltd. is regulated and licensed by the Australian Securities and Investments Commission (ASIC).
ASIC requires licensed financial services providers to meet strict capital requirements and to implement strict internal procedures including risk management, staff training, accounting and audits.
High level of fund safety is our promise to you. Avanza adopts a high level of risk management measures to protect your funds.
In accordance with regulatory requirements, client funds are segregated into a trust account with a tier-one bank. This ensures that funds cannot be used for any purpose other than for use in customer transactions.
Client funds are fully segregated in client trust accounts and held at Commonwealth Bank of Australia or HSBC. Client funds are kept separate from the Avanza Capital company funds and – if Avanza Capital were to become insolvent – will not be used to pay back creditors.
To ensure that the client's funds are properly used and safe, Avanza provides several modes of deposit and withdrawal, including Credit Card, bank transfer and international Transfer.
Avanza has partnered with Aon, to provide Professional Indemnity Insurance to all our clients, with liability coverage up to $USD2,500,000 in any one claim. This is part of our requirements under ASIC Regulatory Guide RG126.
Avanza Capital Pty Ltd. is a member of the Australian Financial Complaints Authority (AFCA). This is an approved Australian external dispute resolution scheme that can deal with complaints about all of the financial services that Avanza provides under its AFSL.
If you would like to know more about how Avanza complies with the RG227 benchmarks, please Click Here
Due to anti-money laundering regulations in the world, Avanza requires all clients to provide a complete and accurate proof of identity and address when opening a live trading account. Deposits and withdrawals must be made from and paid to the same person as the trading account holder. No third-party payments are allowed.
Avanza Capital Pty Ltd is committed to its privAvanza obligations under the Australian PrivAvanza Principles contained in the PrivAvanza Act 1988. This PrivAvanza Policy describes how we collect, use, disclose and protect personal information we collect about individuals who apply for or receive our services.
To read more about our PrivAvanza Policy, please Click Here
If you have any questions Contact us then don’t hesitate to give our team a call or use the live chat facility on this page.