I am thinking to use the subject broker.
1- ASIC regulated.
2- Very low spreads.
3-Very low commissions
1- International accounts are regulated & covered by Vanuatu Financial Services Commission.
This is my biggest concern, I don’t trust offshore regulations. Although the broker is regulated by ASIC, but my account is not protected by such regulations.
I would like to know your thoughts/experiences with this broker and similar broker cases.