Yep, that's right. I have filed a complain with AFCA already, and an AFCA representative have called me to inform me that if a company falsely advertise themselves to be an ECN broker when they are not, they will look into it. And they will also see if there is a need to inform ASIC of such misconduct. The AFCA representative also informed me that I could complain about the company to ASIC directly for enforcement actions.Getting back to something earlier in the thread. Many ASIC regulated brokers did drop their claims to being ECN, quite probably out of worry of being penalized by ASIC for deceptive advertising. If you truly feel Global Prime's claims of being ECN are false, why not take that and all of your other complaints and information to ASIC? An ASIC ruling on whether or not Global Prime really is or is not ECN would be something of great interest to traders, as would rulings on everything else you brought forward.
But I'm more focused on the abitration process and getting my funds back for now.
I'll have to wait for the assessment and furnish them with more evidence if needed, which I could just retrieve from here, seeing as how there is so much useful information gathered here already. Once the case lodged with AFCA has concluded, I'll see what further actions I can take.