Supervised by three major financial institutions
Australia Securities Investment Commission
ASIC (Australia Securities Investment Commission) is an independent government agency, responsible for implementing and standardizing the company and financial service law. Their focus is to protect consumers, investors and creditors in Australia. As one of the world's most advanced regulatory agencies, ASIC is committed to protecting market integrity and protecting consumers' rights.
New Zealand Financial Market Authority
The Financial Market Authority (FMA) is a government agency in New Zealand and is responsible for implementing securities, financial reports and corporate law applicable to financial services and securities markets. It also regulates the securities exchanges, financial consulting providers and customer funds or property services, auditors, trustees and publishers.
Vanuatu Financial Service Committee
Wanuatu Financial license was issued by VFSC (Vanuatu Financial Service Committee). With the support of Vanuatu Reserve Bank, VFSC was established to regulate Wanuatu's banks and financial services. VFSC Financial License supports multiple trade services, such as remittances, payment, foreign exchange transactions, commodities, securities transactions and financial consulting. The VFSC financial license has caused great interest in the global foreign exchange industry.
External Audit
The COF Group has an external independent reviewer to ensure that we have obliged our regulatory obligations and operating processes.
Your funds will be stored in the most trusted bank
The security of customer funds is stored in Australian bank trust account
According to our licensing obligation, customer funds are deposited in the AA -rated Australian ADI (authorized deposit institution). The Australian National Bank (NAB) is one of the top four financial institutions in Australia, ranking high globally. In addition, COF Forex provides a separate trust account for high net worth individuals or organizations, and provides access to the use of NAB to log in to its special bank account in order to check the account balance at any time.
Protect your rights in an all -round way
Professional compensation insurance
COF always adheres to the service concept of & quot; customer first & quot; to provide customers with professional liability insurance (PI insurance), and at the same time protect customers' financial security and meet the common requirements of various regulations. The insurance company is a partner of COF Forex and can provide COF customers with a single insurance of up to $ 5 million.