AGM Markets Pty Ltd trading as First Index is a holder of Australian Financial Services License (AFSL) number: 422662 and regulated by the Australian Securities and Investments Commission (ASIC).
First Index complies with ASIC requirements for the provision of licensed financial services including adhering to strict capital requirements, implementing and complying with internal procedures including risk management, staff training, accounting and audits.
How are client funds held with First Index?
When you fund your trading account with First Index, your funds are held in a segregated client bank account in accordance with the Australian Client Money Rules. Your funds are kept entirely separate from First Index’s own funds and reconciled on a daily basis. All client funds are held with one of Australia’s top banks.