ANSWER PATRIOT CAPITAL is not a licensed or regulated broker even though it states offers that look good to be true.PATRIOT CAPITAL claims to be owned and operated by PATRIOT CAPITAL PTY LTD, a company incorporated in Australia. As per Australian law, to be able to operate in Australia or offer financial services to Australians, brokers are required to hold a valid Australian Financial Services (AFS) license issued by the Australian Securities & Investments Commission (ASIC). However, we did not find any match results for this broker in ASIC. The truth is, PATRIOT CAPITAL is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like PATRIOT CAPITAL and trade with licensed brokers.
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