**Spec Capital Group Launches as ASIC-Regulated Wholesale CFD Broker in Australia**
Spec Capital Group Pty Ltd has commenced operations today under Australian Financial Services Licence No. 700136, granted by ASIC, authorizing the Sydney-based firm to deliver CFD and derivatives services exclusively to wholesale clients. The newly licensed broker offers access to over 1,200 global instruments across forex, indices, commodities, shares, ETFs, and cryptocurrencies, targeting professional traders, corporate entities, and institutional investors.
Managing Director Lucy Lu confirmed the launch marks the company’s commitment to operating within Australia’s strict regulatory framework, emphasizing transparency and institutional-grade execution backed by Tier-1 bank liquidity. The AFSL mandates full client disclosure, segregated client funds, and access to the Australian Financial Complaints Authority dispute resolution scheme.
Spec Capital operates from 325 Pitt Street, Sydney, positioning itself as a compliance-focused wholesale provider in Australia’s competitive CFD market. The authorization subjects the firm to ongoing ASIC supervision and financial resource obligations.
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FXnCO Insight
** Wholesale clients gain another ASIC-regulated CFD venue with institutional infrastructure, though retail traders remain excluded under the wholesale-only licensing structure.
Source: Finance Magnates