Search

For more information about Compass Markets Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Field Survey Danger

License

ASIC Suspicious Clone

Compass Markets Company

  

Compass Markets Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Compass Markets Company was established in 2012, emerging as a reputable player in the forex and CFD trading industry. The company was founded with the aim of providing a reliable trading platform for clients seeking to engage in various financial markets.

  

Parent Company/Ownership Structure

  Compass Markets operates as a standalone entity under the ownership of Compass Global Holdings Pty Limited. This structure allows for focused management and operational strategies tailored to the needs of its clientele.

  

Headquarters Location

  The headquarters of Compass Markets is located in Sydney, New South Wales, Australia. Specifically, it is situated at Suite 34, Level 3, 650 George Street, World Square, Sydney NSW 2000, Australia.

  

Global Business Scope

  Compass Markets serves clients worldwide, offering a range of trading services that cater to both individual traders and institutional clients. The company has built a strong reputation in the financial industry, particularly in the Asia-Pacific region.

  

Main Regulatory Bodies

  Compass Markets is regulated by the Australian Securities and Investments Commission (ASIC), which oversees its operations as a market-making broker. The license number for Compass Markets is 426810, affirming its compliance with Australian financial regulations.

  Back to top

  

2. Company History and Development

  

Key Milestones

  Since its inception in 2012, Compass Markets has achieved several key milestones, including the launch of its trading platform and the expansion of its financial product offerings. The company has continually adapted to market changes, enhancing its services to meet evolving client needs.

  

Business Expansion Journey

  Compass Markets has gradually expanded its operations beyond Australia, establishing a global footprint. This expansion has involved the introduction of new trading instruments and improved technology to facilitate a seamless trading experience.

  

Customer Base Growth

  Over the years, Compass Markets has successfully grown its customer base, attracting both retail and institutional traders. The platforms user-friendly interface and competitive trading conditions have contributed to its appeal among traders.

  

Platform Development History

  The trading platform offered by Compass Markets includes both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are widely recognized for their advanced trading capabilities. Continuous updates and feature enhancements have been implemented to improve user experience.

  

Important Awards or Recognitions Received

  While specific awards or recognitions were not detailed in available resources, Compass Markets has garnered positive reviews from various financial service review platforms, indicating a strong reputation within the industry.

  Back to top

  

3. Trading Services Offered

  

Forex Trading Options

  Compass Markets provides a comprehensive range of forex trading options, offering access to numerous currency pairs. This includes major, minor, and exotic pairs, allowing traders to diversify their portfolios effectively.

  

Stock Trading Options

  While the primary focus of Compass Markets is on forex and CFDs, it also offers stock trading options. Traders can access shares from various global markets, enhancing the investment opportunities available on the platform.

  

CFD Trading Products

  The company provides a wide array of Contract for Difference (CFD) trading products. This includes CFDs on commodities, indices, and cryptocurrencies, enabling clients to speculate on price movements without owning the underlying assets.

  

Other Financial Instruments

  In addition to forex and CFDs, Compass Markets offers trading in commodities and indices. However, it does not support cryptocurrency trading, which may be a consideration for potential clients interested in digital assets.

  

Special Services or Unique Advantages

  Compass Markets distinguishes itself through its competitive spreads, execution speed, and customer support. The brokerage also emphasizes a secure trading environment, backed by its regulatory status and commitment to client safety.

  Back to top

  

  

Detailed Regulatory Information

  Compass Markets is regulated by the Australian Securities and Investments Commission (ASIC). This regulatory oversight is crucial for maintaining the integrity of the financial services provided by the company.

  

  Compass Markets operates as Compass Global Holdings Pty Limited in Australia. The company adheres to local laws and regulations, ensuring compliance with the requirements set forth by ASIC.

  

Client Fund Protection Measures

  As a regulated entity, Compass Markets implements measures to protect client funds. This includes segregating client funds from the company's operational funds, ensuring that clients' capital is safeguarded in the event of financial difficulties.

  

Countries/Regions Served

  The company serves clients globally, with a particular focus on the Asia-Pacific region. Its services are accessible to traders in various countries, although specific restrictions may apply based on local regulations.

  

Compliance History

  Compass Markets has maintained a compliance history with no significant regulatory issues reported. This track record enhances its credibility and reassures clients of its commitment to regulatory standards.

  Back to top

  

5. Competitive Landscape

  

3-5 Main Competitors

  Compass Markets faces competition from several key players in the forex and CFD trading space, including:

  • IC Markets: Known for its low spreads and high liquidity.
  • Pepperstone: Offers competitive pricing and a variety of trading platforms.
  • AxiTrader: Focuses on providing a user-friendly trading experience with robust customer support.
  • FXTM (ForexTime): Provides a wide range of educational resources and trading tools.

  

Positioning in the Industry

  Compass Markets positions itself as a reliable and well-regulated broker, catering to the needs of both novice and experienced traders. Its focus on customer service and trading technology enhances its appeal in a competitive market.

  

Market Differentiation Factors

  The company differentiates itself through its regulatory compliance, competitive spreads, and a robust trading platform. The emphasis on client fund protection and a wide range of trading instruments further distinguishes Compass Markets from its competitors.

  Back to top

  

Conclusion

  Compass Markets Company stands out as a reputable forex and CFD broker, offering a range of trading services backed by regulatory oversight from ASIC. With a commitment to client security and a focus on technological advancement, it aims to provide a competitive trading environment for clients worldwide. As the company continues to evolve, it remains dedicated to meeting the diverse needs of its growing customer base.

  For more information about Compass Markets and its offerings, you can learn more.

  Back to top