#ASIC

One thing that separates EBC from the offshore gold broker crowd — dual regulation. FCA (UK) + ASIC (Australia) is a combination you don't see often in the XAUUSD space. Most gold brokers targeting Asian/ME markets operate on a single offshore license (if any). What this means practically: • FCA tier-1 — FSCS protection up to £85k • ASIC — strict client money segregation • Negative balance protection on both • Regular financial reporting requirements Compare this to brokers running on a Vanuatu or SVG license where the "regulator" has zero enforcement history. For serious gold traders with accounts over 5-figures, regulatory coverage should be a non-negotiable filter. Not financial advice, just practical risk management.