Licensing
The OFX Group comprises OzForex Limited, together with its subsidiaries. OzForex Limited and its subsidiaries are incorporated in the following jurisdictions and authorised and/or regulated by the following regulatory authorities:
Australia
OzForex Limited (ABN 65 092 375 703) (trading as OFX) has an Australian Financial Services Licence (“AFSL”) issued by the Australian Securities and Investments Commission (“ASIC”) to deal, make a market in and provide general financial product advice in relation to non-cash deposit and payment products, foreign exchange contracts and derivatives.
This licence can be viewed by following this link to the ASIC website: (AFS Licence number 226 484)
Financial services are regulated in Australia by ASIC. You should not deal with a financial services provider that cannot demonstrate they hold the relevant licence and are fully regulated.
You can visit the ASIC website to learn more about the regulatory environment in Australia, AFS licensee obligations and your consumer rights.
Hong Kong
OzForex (HK) Limited (BRN 582365502) (trading as OFX) is licensed as a Money Service Operator with the Customs and Excise Department Hong Kong.
This Licence number is 12-08-00582.
You can visit the Customs and Excise Department website to find out more information in relation to inspecting the Register of Licensees maintained by the Commissioner of Customs and Excise.
You should not deal with a financial services provider that cannot demonstrate they hold the relevant licence and are fully regulated.
Singapore
OFX Singapore Pte. Limited (UEN:201317103N) is regulated in Singapore by the Monetary Authority of Singapore under the Payment Services Act.
OFX Singapore Pte. Limited holds a Licence No PS20200277 to conduct the following payment services: Cross-border Money Transfer Service; Domestic Money Transfer Service; E-money Issuance Service and Account Issuance Service.
You can visit the MAS website to view the Register of financial institutions here.
You should not deal with a financial services provider that cannot demonstrate they hold the relevant licence and are fully regulated.
New Zealand
NZForex Limited trading as OFX is registered as a financial service provider on the Financial Service Providers Register in New Zealand.
It is licenced by the Financial Markets Authority as a Derivatives issuer in New Zealand. The Licence number is FSP8041.
You can visit the FMA website to view the Register of Licensed & reporting entities here.
You should not deal with a financial services provider that cannot demonstrate they hold the relevant licence and are fully regulated.
Canada
Canadian Forex Limited trading as OFX is registered with the Financial Transactions and Reports Analysis Centre (FINTRAC). The registration number is M08560392.
You can visit the FINTRAC website to view the registration details here
OFX is also provincially registered as a money services business with Revenu Québec, with registration number 10713.
Europe
OFX Payments Ireland Limited trading as OFX is regulated by the Central Bank of Ireland (Firm Ref No C190174).
United Kingdom
UKForex Limited [CN:04631395] (trading as OFX) is regulated by the Financial Conduct Authority (FRN: 902028) for the provision of electronic money and payment services. You can visit the Financial Conduct Authority website to learn more about the regulatory environment in the United Kingdom and what it means for your protection and consumer rights. In order to check FCA license please click here.
United States
USForex Inc. d/b/a OFX is registered as a Money Service Business at the federal level with the Financial Crimes Enforcement Network (“FinCEN”), which is a bureau of the United States Department of Treasury.
OFX is licensed as a money transmitter by the relevant state regulatory agency in the U.S. states listed here.