NewsMacroSpec Capital Group Wins Australian Financial Services Licence for Wholesale CFD Clients

Spec Capital Group Wins Australian Financial Services Licence for Wholesale CFD Clients

Author: ChainWire·

Key Takeaways

  • Spec Capital Group Pty Ltd has obtained AFSL 700136 from ASIC, authorising it to provide financial services to wholesale clients under the Corporations Act 2001.
  • The Sydney-based firm operates exclusively as a wholesale-only CFD broker serving professional traders, corporate entities, and institutional investors.
  • Clients gain access to over 1,200 instruments spanning six asset classes including forex, indices, commodities, shares, ETFs, and cryptocurrencies.
  • Client funds must be held in fully segregated accounts separate from company operating funds in accordance with Australian legal requirements.
  • Wholesale clients of the firm have access to the Australian Financial Complaints Authority as an independent external dispute resolution scheme.
Spec Capital Group Wins Australian Financial Services Licence for Wholesale CFD Clients

SYDNEY, AUSTRALIA, August 13, 2026 — AFSL 700136 authorises Spec Capital Group to serve professional and institutional investors across Australia with more than 1,200 tradeable instruments.

Spec Capital Group Pty Ltd (ABN 55 683 368 765) has begun operating under Australian Financial Services Licence No. 700136, issued by the Australian Securities and Investments Commission (ASIC), formally authorising the company to provide financial services to wholesale clients in Australia under the Corporations Act 2001 (Cth). ASIC serves as Australia's primary corporate, markets and financial services regulator, and the AFSL regime is the standard authorisation framework for entities providing financial product advice, dealing and custody services to clients in Australia.

The AFSL authorisation marks a major milestone for Spec Capital Group, establishing the firm as a fully regulated, wholesale-only CFD broker based in Sydney. The licence allows the company to offer professional and institutional clients access to more than 1,200 global instruments across forex, indices, commodities, shares, ETFs and cryptocurrencies, under the supervision of Australia's financial services regulator.

Spec Capital Group operates exclusively as a wholesale client provider as defined under the Corporations Act 2001, serving professional traders, corporate entities and institutional investors seeking institutional-grade execution, deep Tier-1 bank liquidity and dedicated relationship management. Under Australian law, the wholesale classification applies to investors meeting thresholds set out in the Corporations Act — including individuals with net assets of AUD 2.5 million or gross income of AUD 250,000 per annum, large businesses, and sophisticated investors — and carries different consumer protection and disclosure obligations compared with retail client categories. The company is headquartered at 325 Pitt Street, Sydney NSW 2000.

"Obtaining our AFSL is a defining moment for Spec Capital Group. It reflects not only our commitment to operating within Australia's rigorous regulatory framework, but our long-term dedication to serving wholesale clients with the transparency, compliance, and execution quality they demand. We are proud to be held to the highest standards set by ASIC. Our team has worked hard to prepare our platform and website, and we have undertaken thorough due diligence to ensure everything is built to the best standard for our wholesale clients." — Lucy Lu, Managing Director, Spec Capital Group Pty Ltd

What the AFSL authorisation means for clients

Under AFSL 700136, Spec Capital Group is authorised to provide financial services to wholesale clients in full compliance with the Corporations Act 2001, including:

  • Full client disclosure obligations, ensuring wholesale clients receive transparent information about products, pricing and risks.
  • Segregated client funds, held separately from company operating funds in accordance with Australian law.
  • Access to the Australian Financial Complaints Authority (AFCA) as an independent external dispute resolution scheme.
  • Ongoing compliance with ASIC's conduct and financial resource obligations, subject to regular regulatory review.
  • Adherence to Australian financial services law governing the provision of CFDs and derivative products.

Platform, products and market access

Spec Capital Group provides wholesale clients with access to more than 1,200 instruments across six asset classes. The company's infrastructure features sub-millisecond execution, raw spreads from 0.0 pips and a flat commission structure with no hidden markups.

Asset classes available to wholesale clients include:

  • Forex CFDs — 90+ currency pairs including majors, minors and exotics with 24/5 liquidity.
  • Indices — 20+ global stock indices including US30, UK100 and GER40 with 24-hour pricing.
  • Commodities — 40+ markets across precious metals, energies and agricultural products.
  • Shares & ETFs — 1,100+ underlying shares and sector ETFs across major global exchanges.
  • Cryptocurrencies — Bitcoin, Ethereum and major crypto assets via CFDs, with no wallet required.

Wholesale client onboarding

Eligible professional, corporate and institutional investors can apply for a Spec Capital Group wholesale trading account through the online onboarding portal at speccapitalgroup.com. The process includes document verification and a wholesale eligibility review by the compliance team. Client funds are held in fully segregated accounts and deposited via bank wire.

About Spec Capital Group Pty Ltd

Spec Capital Group Pty Ltd (ABN 55 683 368 765, AFSL 700136) is a Sydney-based wholesale CFD broker providing professional and institutional clients with access to more than 1,200 global instruments across forex, indices, commodities, shares, ETFs and cryptocurrencies. Operating exclusively for wholesale clients under the Corporations Act 2001 (Cth), the company combines Tier-1 institutional liquidity.

Website: www.speccapitalgroup.com

Risk Warning: Trading in Contracts for Difference (CFDs) carries a high level of risk and may not be suitable for all investors. This announcement is directed at wholesale clients only as defined under the Corporations Act 2001 (Cth). Spec Capital Group Pty Ltd (ABN 55 683 368 765) holds AFSL 700136.

Media Team: info@speccapitalgroup.com