Tuesday, 09/09/2025 | 04:49 GMT by
Arnab Shome
- The broker failed to submit its financial statements and comply with other licensing requirements.
- According to its website, the broker has a presence in 16 countries outside Australia.
The Australian financial services regulator has cancelled the licence of Auric International Markets, which operated as a forex and contracts for differences (CFDs) broker under the brand AIMS. Although announced today (Tuesday), the licence cancellation became effective on 11 August 2025.
Failure to Comply with Licence Requirements
The Australian Securities and Investments Commission (ASIC) said AIMS’ licence was cancelled as the company failed to submit financial statements, comply with financial services laws, and meet the required organisational competence.
The CFDs broker also failed to pay industry funding levies for over 12 months and did not notify the regulator of changes to company details, including business addresses and office holders.
You may also like: Australia Will Now Take Down Social Media Ads Promoting Investment Scams
“ASIC can cancel or suspend an AFS licence if it believes it is likely to breach its general obligations under law, including the obligation to provide services efficiently, honestly and fairly,” the regulator stated.
A Global Broker
Although AIMS’ ASIC licence has been cancelled, the broker continues to operate in offshore markets, particularly in the Asia-Pacific region.
The broker still holds a money brokering licence from the Labuan Financial Services Authority (LFSA) and a derivatives broker licence from the Securities and Exchange Regulator of Cambodia (SERC).
Read more: Doo Group Confirms Malaysia Office “Inspections” in Nationwide Call Centre Sweep
According to AIMS’ website, it has 93,000 traders and operates in 17 countries, including Australia, Dubai, Malaysia, Vietnam, Cambodia, Japan, Korea, Indonesia, Hong Kong, China, India, Thailand, Africa, Europe, Colombia and Brazil.
The website also highlights that the platform has handled USD 2,040.71 billion in trading volume, though it does not specify a timeframe.
AIMS received its Australian Financial Services licence on 12 December 2012, authorising it to provide financial product advice and deal in financial products, including derivatives, foreign exchange contracts, debentures and securities, to wholesale clients.
Meanwhile, AIMS is not the only CFDs broker to lose its ASIC licence recently. Last year, the Aussie regulator cancelled the licences of Xtrade, FXOpen and Prospero Markets.
The Australian financial services regulator has cancelled the licence of Auric International Markets, which operated as a forex and contracts for differences (CFDs) broker under the brand AIMS. Although announced today (Tuesday), the licence cancellation became effective on 11 August 2025.
Failure to Comply with Licence Requirements
The Australian Securities and Investments Commission (ASIC) said AIMS’ licence was cancelled as the company failed to submit financial statements, comply with financial services laws, and meet the required organisational competence.
The CFDs broker also failed to pay industry funding levies for over 12 months and did not notify the regulator of changes to company details, including business addresses and office holders.
You may also like: Australia Will Now Take Down Social Media Ads Promoting Investment Scams
“ASIC can cancel or suspend an AFS licence if it believes it is likely to breach its general obligations under law, including the obligation to provide services efficiently, honestly and fairly,” the regulator stated.
A Global Broker
Although AIMS’ ASIC licence has been cancelled, the broker continues to operate in offshore markets, particularly in the Asia-Pacific region.
The broker still holds a money brokering licence from the Labuan Financial Services Authority (LFSA) and a derivatives broker licence from the Securities and Exchange Regulator of Cambodia (SERC).
Read more: Doo Group Confirms Malaysia Office “Inspections” in Nationwide Call Centre Sweep
According to AIMS’ website, it has 93,000 traders and operates in 17 countries, including Australia, Dubai, Malaysia, Vietnam, Cambodia, Japan, Korea, Indonesia, Hong Kong, China, India, Thailand, Africa, Europe, Colombia and Brazil.
The website also highlights that the platform has handled USD 2,040.71 billion in trading volume, though it does not specify a timeframe.
AIMS received its Australian Financial Services licence on 12 December 2012, authorising it to provide financial product advice and deal in financial products, including derivatives, foreign exchange contracts, debentures and securities, to wholesale clients.
Meanwhile, AIMS is not the only CFDs broker to lose its ASIC licence recently. Last year, the Aussie regulator cancelled the licences of Xtrade, FXOpen and Prospero Markets.
- 7104 Articles
- 125 Followers
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
- 7104 Articles
- 125 Followers
Keep Reading
More from the Author
-
Finalto Completes UK Client Migration from One Entity to Another
Finalto Completes UK Client Migration from One Entity to Another
Finalto Completes UK Client Migration from One Entity to Another
Finalto Completes UK Client Migration from One Entity to Another
Finalto Completes UK Client Migration from One Entity to Another
Finalto Completes UK Client Migration from One Entity to Another
Finalto Completes UK Client Migration from One Entity to Another
Finalto Completes UK Client Migration from One Entity to Another
Finalto Completes UK Client Migration from One Entity to Another
Finalto Completes UK Client Migration from One Entity to Another
-
Backpack EU Launches after “Fulfilling Promise” to Refund Ex-FTX Customers
Backpack EU Launches after “Fulfilling Promise” to Refund Ex-FTX Customers
Backpack EU Launches after “Fulfilling Promise” to Refund Ex-FTX Customers
Backpack EU Launches after “Fulfilling Promise” to Refund Ex-FTX Customers
Backpack EU Launches after “Fulfilling Promise” to Refund Ex-FTX Customers
Backpack EU Launches after “Fulfilling Promise” to Refund Ex-FTX Customers
Backpack EU Launches after “Fulfilling Promise” to Refund Ex-FTX Customers
Backpack EU Launches after “Fulfilling Promise” to Refund Ex-FTX Customers
Backpack EU Launches after “Fulfilling Promise” to Refund Ex-FTX Customers
Backpack EU Launches after “Fulfilling Promise” to Refund Ex-FTX Customers
-
eToro Co-Founder Hints at “Ambitious” M&A Possibilities
eToro Co-Founder Hints at “Ambitious” M&A Possibilities
eToro Co-Founder Hints at “Ambitious” M&A Possibilities
eToro Co-Founder Hints at “Ambitious” M&A Possibilities
eToro Co-Founder Hints at “Ambitious” M&A Possibilities
eToro Co-Founder Hints at “Ambitious” M&A Possibilities
eToro Co-Founder Hints at “Ambitious” M&A Possibilities
eToro Co-Founder Hints at “Ambitious” M&A Possibilities
eToro Co-Founder Hints at “Ambitious” M&A Possibilities
eToro Co-Founder Hints at “Ambitious” M&A Possibilities
-
Japan’s SBI Securities Launches Crypto CFDs
Japan’s SBI Securities Launches Crypto CFDs
Japan’s SBI Securities Launches Crypto CFDs
Japan’s SBI Securities Launches Crypto CFDs
Japan’s SBI Securities Launches Crypto CFDs
Japan’s SBI Securities Launches Crypto CFDs
Japan’s SBI Securities Launches Crypto CFDs
Japan’s SBI Securities Launches Crypto CFDs
Japan’s SBI Securities Launches Crypto CFDs
Japan’s SBI Securities Launches Crypto CFDs
-
Exclusive: RoboMarkets Obtains Full Brokerage Licence from Dubai’s SCA
Exclusive: RoboMarkets Obtains Full Brokerage Licence from Dubai’s SCA
Exclusive: RoboMarkets Obtains Full Brokerage Licence from Dubai’s SCA
Exclusive: RoboMarkets Obtains Full Brokerage Licence from Dubai’s SCA
Exclusive: RoboMarkets Obtains Full Brokerage Licence from Dubai’s SCA
Exclusive: RoboMarkets Obtains Full Brokerage Licence from Dubai’s SCA
Exclusive: RoboMarkets Obtains Full Brokerage Licence from Dubai’s SCA
Exclusive: RoboMarkets Obtains Full Brokerage Licence from Dubai’s SCA
Exclusive: RoboMarkets Obtains Full Brokerage Licence from Dubai’s SCA
Exclusive: RoboMarkets Obtains Full Brokerage Licence from Dubai’s SCA
-
Plus500 Can Now Offer “Regulated Access” to the European Futures Market
Plus500 Can Now Offer “Regulated Access” to the European Futures Market
Plus500 Can Now Offer “Regulated Access” to the European Futures Market
Plus500 Can Now Offer “Regulated Access” to the European Futures Market
Plus500 Can Now Offer “Regulated Access” to the European Futures Market
Plus500 Can Now Offer “Regulated Access” to the European Futures Market
Plus500 Can Now Offer “Regulated Access” to the European Futures Market
Plus500 Can Now Offer “Regulated Access” to the European Futures Market
Plus500 Can Now Offer “Regulated Access” to the European Futures Market
Plus500 Can Now Offer “Regulated Access” to the European Futures Market
Retail FX
-
tastyfx Launches Prime Accounts With 6% Promotional APY for Professional Traders
tastyfx Launches Prime Accounts With 6% Promotional APY for Professional Traders
tastyfx Launches Prime Accounts With 6% Promotional APY for Professional Traders
tastyfx Launches Prime Accounts With 6% Promotional APY for Professional Traders
tastyfx Launches Prime Accounts With 6% Promotional APY for Professional Traders
tastyfx Launches Prime Accounts With 6% Promotional APY for Professional Traders
tastyfx Launches Prime Accounts With 6% Promotional APY for Professional Traders
tastyfx Launches Prime Accounts With 6% Promotional APY for Professional Traders
tastyfx Launches Prime Accounts With 6% Promotional APY for Professional Traders
tastyfx Launches Prime Accounts With 6% Promotional APY for Professional Traders
-
Public Gains 85K Retail Accounts as Tornado Targets Institutional AI
Public Gains 85K Retail Accounts as Tornado Targets Institutional AI
Public Gains 85K Retail Accounts as Tornado Targets Institutional AI
Public Gains 85K Retail Accounts as Tornado Targets Institutional AI
Public Gains 85K Retail Accounts as Tornado Targets Institutional AI
Public Gains 85K Retail Accounts as Tornado Targets Institutional AI
Public Gains 85K Retail Accounts as Tornado Targets Institutional AI
Public Gains 85K Retail Accounts as Tornado Targets Institutional AI
Public Gains 85K Retail Accounts as Tornado Targets Institutional AI
Public Gains 85K Retail Accounts as Tornado Targets Institutional AI
-
UK Investors Get Round the Clock Access to 110 US Stocks with IG
UK Investors Get Round the Clock Access to 110 US Stocks with IG
UK Investors Get Round the Clock Access to 110 US Stocks with IG
UK Investors Get Round the Clock Access to 110 US Stocks with IG
UK Investors Get Round the Clock Access to 110 US Stocks with IG
UK Investors Get Round the Clock Access to 110 US Stocks with IG
UK Investors Get Round the Clock Access to 110 US Stocks with IG
UK Investors Get Round the Clock Access to 110 US Stocks with IG
UK Investors Get Round the Clock Access to 110 US Stocks with IG
UK Investors Get Round the Clock Access to 110 US Stocks with IG
-
cTrader Partners With MAP FinTech on Broker Compliance Integration
cTrader Partners With MAP FinTech on Broker Compliance Integration
cTrader Partners With MAP FinTech on Broker Compliance Integration
cTrader Partners With MAP FinTech on Broker Compliance Integration
cTrader Partners With MAP FinTech on Broker Compliance Integration
cTrader Partners With MAP FinTech on Broker Compliance Integration
cTrader Partners With MAP FinTech on Broker Compliance Integration
cTrader Partners With MAP FinTech on Broker Compliance Integration
cTrader Partners With MAP FinTech on Broker Compliance Integration
cTrader Partners With MAP FinTech on Broker Compliance Integration
-
American Trading App Webull Launches European Operations with New Dutch Office and License
American Trading App Webull Launches European Operations with New Dutch Office and License
American Trading App Webull Launches European Operations with New Dutch Office and License
American Trading App Webull Launches European Operations with New Dutch Office and License
American Trading App Webull Launches European Operations with New Dutch Office and License
American Trading App Webull Launches European Operations with New Dutch Office and License
American Trading App Webull Launches European Operations with New Dutch Office and License
American Trading App Webull Launches European Operations with New Dutch Office and License
American Trading App Webull Launches European Operations with New Dutch Office and License
American Trading App Webull Launches European Operations with New Dutch Office and License
-
SEC Settles $4.7 Million Fraud Case Against Vegas Trading Firm
SEC Settles $4.7 Million Fraud Case Against Vegas Trading Firm
SEC Settles $4.7 Million Fraud Case Against Vegas Trading Firm
SEC Settles $4.7 Million Fraud Case Against Vegas Trading Firm
SEC Settles $4.7 Million Fraud Case Against Vegas Trading Firm
SEC Settles $4.7 Million Fraud Case Against Vegas Trading Firm
SEC Settles $4.7 Million Fraud Case Against Vegas Trading Firm
SEC Settles $4.7 Million Fraud Case Against Vegas Trading Firm
SEC Settles $4.7 Million Fraud Case Against Vegas Trading Firm
SEC Settles $4.7 Million Fraud Case Against Vegas Trading Firm
-
tastyfx Launches Prime Accounts With 6% Promotional APY for Professional Traders
tastyfx Launches Prime Accounts With 6% Promotional APY for Professional Traders
-
Public Gains 85K Retail Accounts as Tornado Targets Institutional AI
Public Gains 85K Retail Accounts as Tornado Targets Institutional AI
-
UK Investors Get Round the Clock Access to 110 US Stocks with IG
UK Investors Get Round the Clock Access to 110 US Stocks with IG
-
cTrader Partners With MAP FinTech on Broker Compliance Integration
cTrader Partners With MAP FinTech on Broker Compliance Integration
Featured Videos
“Always Up to Date” – Ron Gilo on Finance Magnates
“Always Up to Date” – Ron Gilo on Finance Magnates
“Always Up to Date” – Ron Gilo on Finance Magnates
“Always Up to Date” – Ron Gilo on Finance Magnates
Ron Gilo from BuzzDealer shares his thoughts on Finance Magnates and why he relies on our industry coverage.
“I can always trust Finance Magnates to have the up-to-date information that I need.” – Ron Gilo, BuzzDealer
Ron Gilo from BuzzDealer shares his thoughts on Finance Magnates and why he relies on our industry coverage.
“I can always trust Finance Magnates to have the up-to-date information that I need.” – Ron Gilo, BuzzDealer
Ron Gilo from BuzzDealer shares his thoughts on Finance Magnates and why he relies on our industry coverage.
“I can always trust Finance Magnates to have the up-to-date information that I need.” – Ron Gilo, BuzzDealer
Ron Gilo from BuzzDealer shares his thoughts on Finance Magnates and why he relies on our industry coverage.
“I can always trust Finance Magnates to have the up-to-date information that I need.” – Ron Gilo, BuzzDealer
-
“Supportive from Every Perspective” – Tatiana Pilipenko, Brokeree on Finance Magnates
“Supportive from Every Perspective” – Tatiana Pilipenko, Brokeree on Finance Magnates
“Supportive from Every Perspective” – Tatiana Pilipenko, Brokeree on Finance Magnates
“Supportive from Every Perspective” – Tatiana Pilipenko, Brokeree on Finance Magnates
“Supportive from Every Perspective” – Tatiana Pilipenko, Brokeree on Finance Magnates
“Supportive from Every Perspective” – Tatiana Pilipenko, Brokeree on Finance Magnates
“Supportive. Whatever issue might come up, the team is always helping right away. You feel support from every perspective of the organization.” – Tatiana, Brokeree
“Supportive. Whatever issue might come up, the team is always helping right away. You feel support from every perspective of the organization.” – Tatiana, Brokeree
“Supportive. Whatever issue might come up, the team is always helping right away. You feel support from every perspective of the organization.” – Tatiana, Brokeree
“Supportive. Whatever issue might come up, the team is always helping right away. You feel support from every perspective of the organization.” – Tatiana, Brokeree
“Supportive. Whatever issue might come up, the team is always helping right away. You feel support from every perspective of the organization.” – Tatiana, Brokeree
“Supportive. Whatever issue might come up, the team is always helping right away. You feel support from every perspective of the organization.” – Tatiana, Brokeree
-
🎤 Share your vision. Inspire your industry.
🎤 Share your vision. Inspire your industry.
🎤 Share your vision. Inspire your industry.
🎤 Share your vision. Inspire your industry.
🎤 Share your vision. Inspire your industry.
🎤 Share your vision. Inspire your industry.
Book your Executive Interview for iFX EXPO Asia 2025 or FMLS:25 (Finance Magnates London Summit) and position yourself at the forefront of financial leadership.📎 https://bit.ly/432Cxnf
#financemagnates #executiveinterviews #Finance #leadership
Book your Executive Interview for iFX EXPO Asia 2025 or FMLS:25 (Finance Magnates London Summit) and position yourself at the forefront of financial leadership.📎 https://bit.ly/432Cxnf
#financemagnates #executiveinterviews #Finance #leadership
Book your Executive Interview for iFX EXPO Asia 2025 or FMLS:25 (Finance Magnates London Summit) and position yourself at the forefront of financial leadership.📎 https://bit.ly/432Cxnf
#financemagnates #executiveinterviews #Finance #leadership
Book your Executive Interview for iFX EXPO Asia 2025 or FMLS:25 (Finance Magnates London Summit) and position yourself at the forefront of financial leadership.📎 https://bit.ly/432Cxnf
#financemagnates #executiveinterviews #Finance #leadership
Book your Executive Interview for iFX EXPO Asia 2025 or FMLS:25 (Finance Magnates London Summit) and position yourself at the forefront of financial leadership.📎 https://bit.ly/432Cxnf
#financemagnates #executiveinterviews #Finance #leadership
Book your Executive Interview for iFX EXPO Asia 2025 or FMLS:25 (Finance Magnates London Summit) and position yourself at the forefront of financial leadership.📎 https://bit.ly/432Cxnf
#financemagnates #executiveinterviews #Finance #leadership
-
Summer’s ending, but our team energy never does 💪👓#endofsummer #teamenergy #markets
Summer’s ending, but our team energy never does 💪👓#endofsummer #teamenergy #markets
Summer’s ending, but our team energy never does 💪👓#endofsummer #teamenergy #markets
Summer’s ending, but our team energy never does 💪👓#endofsummer #teamenergy #markets
Summer’s ending, but our team energy never does 💪👓#endofsummer #teamenergy #markets
Summer’s ending, but our team energy never does 💪👓#endofsummer #teamenergy #markets
-
“Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates
“Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates
“Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates
“Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates
“Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates
“Dynamic & Spot-On” – Yulia Tereshchenko on Finance Magnates
Yulia Tereshchenko from OneZero shares her thoughts on Finance Magnates and why she follows our coverage.
“Dynamic. The news is always spot on, always up to date, so I always know what’s going on in the industry.”
📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: / financemagnates
👍 Facebook: / financemagnates
📸 Instagram: / financemagnates_official
🐦 X: https://x.com/financemagnates?
🎥 TikTok: https://www.tiktok.com/tag/financemag…
▶️ YouTube: / @financemagnates_officialDon’t miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
Yulia Tereshchenko from OneZero shares her thoughts on Finance Magnates and why she follows our coverage.“Dynamic. The news is always spot on, always up to date, so I always know what’s going on in the industry.”
📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: / financemagnates
👍 Facebook: / financemagnates
📸 Instagram: / financemagnates_official
🐦 X: https://x.com/financemagnates?
🎥 TikTok: https://www.tiktok.com/tag/financemag…
▶️ YouTube: / @financemagnates_officialDon’t miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
Yulia Tereshchenko from OneZero shares her thoughts on Finance Magnates and why she follows our coverage.
“Dynamic. The news is always spot on, always up to date, so I always know what’s going on in the industry.”
📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: / financemagnates
👍 Facebook: / financemagnates
📸 Instagram: / financemagnates_official
🐦 X: https://x.com/financemagnates?
🎥 TikTok: https://www.tiktok.com/tag/financemag…
▶️ YouTube: / @financemagnates_officialDon’t miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
Yulia Tereshchenko from OneZero shares her thoughts on Finance Magnates and why she follows our coverage.“Dynamic. The news is always spot on, always up to date, so I always know what’s going on in the industry.”
📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: / financemagnates
👍 Facebook: / financemagnates
📸 Instagram: / financemagnates_official
🐦 X: https://x.com/financemagnates?
🎥 TikTok: https://www.tiktok.com/tag/financemag…
▶️ YouTube: / @financemagnates_officialDon’t miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
Yulia Tereshchenko from OneZero shares her thoughts on Finance Magnates and why she follows our coverage.
“Dynamic. The news is always spot on, always up to date, so I always know what’s going on in the industry.”
📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: / financemagnates
👍 Facebook: / financemagnates
📸 Instagram: / financemagnates_official
🐦 X: https://x.com/financemagnates?
🎥 TikTok: https://www.tiktok.com/tag/financemag…
▶️ YouTube: / @financemagnates_officialDon’t miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
Yulia Tereshchenko from OneZero shares her thoughts on Finance Magnates and why she follows our coverage.“Dynamic. The news is always spot on, always up to date, so I always know what’s going on in the industry.”
📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: / financemagnates
👍 Facebook: / financemagnates
📸 Instagram: / financemagnates_official
🐦 X: https://x.com/financemagnates?
🎥 TikTok: https://www.tiktok.com/tag/financemag…
▶️ YouTube: / @financemagnates_officialDon’t miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
