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01 · JurisdictionASIC · Australia

ASIC caps every asset class differently. Your groups have to match.

Your licence sets a maximum leverage for each class of instrument you offer retail clients. Your MT4 and MT5 groups set what those clients actually get. The two drift apart quietly, usually after a template is cloned or a symbol is added.

30:1
cap on major currency pairs
7
currencies ASIC counts as major
Continuous
checks across every group and server
02The caps

What ASIC allows a retail client to hold.

Maximum leverage under the ASIC product intervention order. Your groups are checked against the row that matches each symbol.

  • Major currency pairs: 30:1
  • Minor currencies, gold, major indices: 20:1
  • Commodities other than gold, minor indices: 10:1
  • Shares and other assets: 5:1
  • Crypto-assets: 2:1
03The AUD difference

The same pair is a major here and a minor in Europe.

Under ASIC a major currency pair is any two of seven currencies: AUD, GBP, CAD, EUR, JPY, CHF, USD. AUDUSD is a major pair. It can carry 30:1.

Under ESMA, FCA and CySEC that same pair is a minor. It caps at 20:1.

Run one group template across an Australian book and a European one and that single difference is a breach on one side. It looks correct in both, which is why it survives an internal review.

  • AUD pairs checked as major under ASIC, minor under ESMA-aligned rules
  • Each server checked against the regulator that actually governs it
  • Cloned and inherited group templates compared, not assumed
  • A finding names the symbol, the group and the server
04Hedged margin

The rule that only applies to you.

ASIC expects fully margined hedged positions. A hedged lot has to carry margin rather than net to zero against its opposite leg. It is the one Tier 1 rule with no equivalent in the European regimes, so it is also the one most often missed by a compliance process built around them.

05Common questions

ASIC, answered plainly.

30:1 on major currency pairs and 20:1 on minor pairs. Gold and major indices are 20:1. Other commodities and minor indices are 10:1. Shares are 5:1 and crypto-assets are 2:1.

Yes. ASIC counts AUD as one of the seven currencies that form a major pair, so AUDUSD caps at 30:1. ESMA, FCA and CySEC exclude AUD, so the same pair is a minor and caps at 20:1. If you hold licences on both sides, one group template cannot serve both books.

Read the leverage each group actually applies per symbol, resolve each symbol to its asset class, then compare it to the cap for that class. Doing it once is an afternoon. Doing it continuously, across every server, after every change, is what we run for you.

ASIC's regulatory guide on disclosure and advertising for over-the-counter CFDs sold to retail investors. It sits alongside the product intervention order: the order sets what you may offer, RG227 covers how you describe it.

No. We read. Nothing we run can change a symbol, a group or an account, so the worst case for your environment is that we see something you would rather we had not.

01 · JurisdictionASIC · Australia

ASIC caps every asset class differently. Your groups have to match.

Your licence sets a maximum leverage for each class of instrument you offer retail clients. Your MT4 and MT5 groups set what those clients actually get. The two drift apart quietly, usually after a template is cloned or a symbol is added. We check them against each other every cycle.

30:1
cap on major currency pairs
7
currencies ASIC counts as major
Continuous
checks across every group and server
02The caps

What ASIC allows a retail client to hold.

These are the maximum leverage ratios under the ASIC product intervention order. Your groups are checked against the row that matches each symbol, not against a single site-wide number.

ASIC RETAIL LEVERAGE CAPSMaximum
Asset classLeverage
Major currency pairs30:1
Minor currencies, gold, major indices20:1
Commodities other than gold, minor indices10:1
Shares and other assets5:1
Crypto-assets2:1
03The AUD difference

The same pair is a major here and a minor in Europe.

Under ASIC a major currency pair is any two of seven currencies: AUD, GBP, CAD, EUR, JPY, CHF, USD. AUDUSD is a major pair. It can carry 30:1.

Under ESMA, FCA and CySEC that same pair is a minor. It caps at 20:1.

Run one group template across an Australian book and a European one and that single difference is a breach on one side. It will not look like a mistake in either configuration. It looks correct in both, which is why it survives an internal review.

  • AUD pairs checked as major under ASIC, minor under ESMA-aligned rules
  • Each server checked against the regulator that actually governs it
  • Cloned and inherited group templates compared, not assumed
  • A finding names the symbol, the group and the server
FINDING · MT5-LIVE-01CRITICAL
AUDUSD · retail group
1:30vs 1:20 cap
A retail group carrying ASIC-permitted leverage on a server licensed under an ESMA-aligned regulator, after a template was reused across two books.
Client specifics redacted for confidentiality
RegimeCySEC
Asset classFX minor
StatusReportable
04Hedged margin

The rule that only applies to you.

ASIC expects fully margined hedged positions. A hedged lot has to carry margin rather than net to zero against its opposite leg. It is the one Tier 1 rule with no equivalent in the European regimes, so it is also the one most often missed by a compliance process built around them.

Every group, every server

Each symbol group is read against the cap that applies to its asset class, on every MT4 and MT5 server you run, not a sample.

Retail and wholesale kept apart

A wholesale book is allowed leverage a retail book is not. We check each against the rules that apply to it, so a professional group is never flagged as a retail breach.

Timestamped from first detection

A finding records when it appeared, not when someone noticed. That is the record you want when you are asked how long a breach was open.

05Common questions

ASIC, answered plainly.

30:1 on major currency pairs and 20:1 on minor pairs. Gold and major indices are 20:1. Other commodities and minor indices are 10:1. Shares are 5:1 and crypto-assets are 2:1.

Yes. ASIC counts AUD as one of the seven currencies that form a major pair, so AUDUSD caps at 30:1. ESMA, FCA and CySEC exclude AUD, so the same pair is a minor and caps at 20:1. If you hold licences on both sides, one group template cannot serve both books.

Read the leverage each group actually applies per symbol, resolve each symbol to its asset class, then compare it to the cap for that class. Doing it once is an afternoon. Doing it continuously, across every server, after every change, is what we run for you.

ASIC's regulatory guide on disclosure and advertising for over-the-counter CFDs sold to retail investors. It sits alongside the product intervention order: the order sets what you may offer, RG227 covers how you describe it.

No. We read. Nothing we run can change a symbol, a group or an account, so the worst case for your environment is that we see something you would rather we had not.

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